09:12 AM EDT, 05/12/2026 (MT Newswires) -- Technology stocks were declining pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.1% and the State Street SPDR S&P Semiconductor ETF (XSD) 1.8% lower.

Zebra Technologies (ZBRA) shares were up more than 12% after the company reported higher fiscal Q1 non-GAAP earnings and net sales, and issued fiscal Q2 and 2026 non-GAAP EPS outlook above analysts'estimates.

D-Wave Quantum (QBTS) stock was down more than 3% after the company posted a wider Q1 net loss as revenue fell during the period.

Ralliant (RAL) shares were up more than 12% after the company raised its 2026 outlook and issued Q2 guidance above analysts'expectations.