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Technology Sector Update for 01/16/2018: MSFT, AAPL, IBM, CSCO, GOOG, INFO, DLB


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Top Technology Stocks:

MSFT: +0.8%

AAPL: +0.7%

IBM: +1.5%

CSCO: +0.7%

GOOG: +0.9%

Technology shares were higher in pre-market trading on Tuesday.

Expected movers:

- International Business Machines ( IBM ): sets up joint venture with A.P. Moller - Maersk using blockchain technology in global trade

- IHS Markit ( INFO ): fiscal Q4 EPS, revenue top views; sees 2018 revenue straddling consensus

Other news:

- Dolby Laboratories ( DLB ): downgraded at B. Riley to Neutral from Buy with $63 price target

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.



This article appears in: Technology , Commodities
Referenced Symbols: IBM , INFO , DLB , MSFT , AAPL


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