Technology stocks were mixed premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) was 0.6% lower while the SPDR S&P Semiconductor ETF (XSD) was climbing past 1% recently.
Datadog (DDOG) reported Q2 non-GAAP earnings of $0.36 per diluted share, up from $0.24 a year earlier. Analysts polled by Capital IQ expected $0.28. Datadog was retreating by over 19% in recent premarket activity.
GlobalFoundries (GFS) was over 3% lower after it reported Q2 adjusted earnings of $0.53 per diluted share compared with $0.58 a year earlier. Analysts polled by Capital IQ expected an adjusted EPS of $0.50.
Bentley Systems (BSY) was almost 2% higher after it reported Q2 adjusted earnings of $0.24 per diluted share, up from $0.23 a year earlier. Analysts polled by Capital IQ expected $0.19.
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