Technology Sector Update for 06/19/2017: MSFT, AAPL, IBM, CSCO, GOOGL, BABA, CRAY, MDSI

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Top Technology Stocks:

MSFT: +0.8%

AAPL: +0.8%

IBM: +0.2%

CSCO: +0.4%

GOOGL: +1%

Technology shares were higher in Monday's pre-market trade.

In technology stocks news, Alibaba ( BABA ) was up 1.1% after getting a contract to provide Publicis Groupe with its Uni Marketing framework. Uni Marketing framework is a product portfolio powered by data that enables brands to have control of brand building across the Alibaba ecosystem in China. Financial terms of the deal were not disclosed.

In other sector news,

(+) CRAY, (+1.9%) Wins $18 million contract to provide supercomputers to New Zealand Water, Atmospheric Research Institute

MDSI (flat) Enters into a non-binding letter of intent which contemplates a reverse merger with privately-held Innovate Biopharmaceuticals

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Technology , Commodities
Referenced Symbols: BABA , MSFT , AAPL , IBM , CSCO

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