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Technology Sector Update for 03/15/2019: VUZI, AVGO, ORCL, MSFT, AAPL, IBM, CSCO, GOOG


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Top Technology Stocks:

MSFT: +0.47%

AAPL: +0.60%

IBM: Flat

CSCO: +0.40%

GOOG: +0.71%

Tech giants were gaining in Friday's pre-bell trading.

Early movers include:

(-) Vuzix ( VUZI ), which was sinking by more than 11% after the supplier of smart glasses and augmented reality technology reported a Q4 loss of $0.22 per share, narrower than the loss of $0.29 in the same period a year ago. Analysts polled by Capital IQ expected a loss of $0.18 per share.

(+) Broadcom ( AVGO ) was advancing more than 5% as i t report ed better-than-expected Q4 non-GAAP earnings of $5.55 a share from $5.12 a year ago and compared with the consensus on Capital IQ for $5.23 a share.

(-) Oracle ( ORCL ) was down more than 3% even as it ramped up its dividend after posting better-than-expected results for its fiscal third quarter despite registering a slight decline in revenue.

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: VUZI , AVGO , ORCL , MSFT , AAPL




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