Technology Sector Update for 02/12/2018: MSFT, AAPL, IBM, CSCO, GOOG, AMZN, RPD, CRNT, FB

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Top Technology Stocks:

MSFT: +0.9%

AAPL: +1.2%

IBM: +1.1%

CSCO: +2.3%

GOOG: +.08%

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

Expected movers:

- Amazon ( AMZN ): reportedly paid $90 million to buy maker of Blink home security cameras

- Rapid7 ( RPD ): posts wider Q4 loss vs. last year, revenue tops Street

- Ceragon Networks ( CRNT ): adjusted Q4 EPS beats Street view by a penny, revenue well above expectations

Other news:

- Facebook ( FB ), Alphabet ( GOOG ): Unilever (UL, UN) threatens to pull ads from online platforms such as Facebook or Alphabet's YouTube "if they promote hate or create division"

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: AMZN , RPD , CRNT , FB , GOOG

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