Technology Sector Update for 04/17/2018: AMZN, MLNX, NPTN

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Top Technology Stocks:

MSFT: +0.8%

AAPL: +0.6%

IBM: +0.9%

CSCO: +1.3%

GOOG: +1.3%

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

Expected movers:

- Amazon.com ( AMZN ): reportedly in talks with Brazil airline Azul ( AZUL ) on in-country deliveries

- Mellanox Technologies ( MLNX ): Q1 results top analyst estimates; Q2 & FY18 revenue guidance beats Street

- NeoPhotonics ( NPTN ): sees loss of 5% annualized revenue due to US Commerce Dept's denial order on ZTE

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 , AZUL , MLNX , NPTN

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