Technology stocks were rising premarket Monday, with the Technology Select Sector SPDR Fund (XLK) up 1.4% and the SPDR S&P Semiconductor ETF (XSD) 1.6% higher.

Daqo New Energy (DQ) shares were up more than 6% after the company reported it swung to Q3 adjusted earnings amid higher revenue.

Dynatrace (DT) and ServiceNow (NOW) stocks were up more than 1% after the companies said they signed a multi-year collaboration deal to help enterprise customers automate and manage IT systems with artificial intelligence.

Grindr (GRND) shares were up more than 1% after the company confirmed that it received a non-binding, unsolicited take-private proposal from a group of shareholders.