Technology Sector Update for 01/10/2019: ERIC, TWTR, TSM, MSFT, AAPL, IBM, CSCO, GOOG

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Top Technology Stocks:

MSFT: -0.65%

AAPL: -0.74%

IBM: -0.41%

CSCO: -0.72%

GOOG: Flat

Technology stocks were declining in pre-market trading Thursday.

Early movers include:

(-) Ericsson ( ERIC ), which was down almost 4% after the company said it will take a charge in Q4 stemming from its decision to accelerate the restructuring of its Business Support System (BSS) portfolio business.

(+) Twitter ( TWTR ) was up more than 3% after it entered a live streaming deal with the National Basketball Association (NBA) and Turner Sports.

In other sector news:

(-) Taiwan Semiconductor Manufacturing ( TSM ) was slightly lower after i t report ed revenue of NTD89.83 billion ($2.92 billion) for December, down a slight 0.1% from the NTD89.90 billion reported for the same period last year.

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: ERIC , TSM , TWTR , MSFT , AAPL

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