Technology Sector Update for 06/18/2019: FB, NVDA, MSFT, AAPL, IBM, CSCO, GOOG

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Top Technology Stocks:

MSFT: +0.94%

AAPL: +0.88%

IBM: +0.41%

CSCO: +1.25%

GOOG: +1.26%

Technolgy heavyweights were climbing pre-market Tuesday.

In other sector news:

(+) Facebook ( FB ) was up 2% as it unveiled plans to launch its digital coin called Libra alongside the underlying blockchain-based network that will support the cryptocurrency next year.

(+) Volvo Group tapped chip maker NVIDIA ( NVDA ) to develop a decision making system for autonomous trucks. NVIDIA was gaining more than 1% in value after the announcement.

(+) Microsoft ( MSFT ) was climbing almost 1% amid reports that it has resumed selling Huawei's laptop line at its online store after the US-based tech giant took the products off the site last month amid a US government blacklist.

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: FB , NVDA , MSFT , AAPL , IBM

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