Sector Update: Tech Stocks Fall Pre-Bell Tuesday

09:08 AM EST, 11/10/2026 (MT Newswires) -- Technology stocks were falling pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.4% lower and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 2.9%. Grab Holdings (GRAB) and SoftBank, in collaboration with Malaysia's state-owned energy company PETROS, are planning to invest a combined $1.85 billion to develop AI infrastructure in the Southeast Asian country, Grab said. Shares of Grab Holdings were down more than 5% premarket. ASE Technology (ASX) stock was up more than 4% after the company reported October revenue of 88.62 billion New Taiwan dollars ($2.70 billion), up 47.1% from a year earlier. Take-Two Interactive Software (TTWO) shares were up more than 3% after the company posted a narrower fiscal Q2 net loss.