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Technology Sector Update for 07/19/2019: CRWD, MSFT, WIX, AAPL, IBM, CSCO, GOOG


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Top Technology Stocks:

MSFT: +2.76%

AAPL: +0.19%

IBM: -0.20%

CSCO: -0.24%

GOOG: +0.10%

Leading technology stocks were mostly lower pre-market Friday.

Stocks moving on news include:

(+) CrowdStrike Holdings ( CRWD ), which was surging more than 18% after saying its fiscal Q1 non-GAAP net loss was $22.1 million, or a $0.47 loss per diluted share, improving year over year from the loss of $31.7 million, or a $0.73 loss per diluted share, and a penny narrower than consensus estimates.

(+) Microsoft ( MSFT ) was rallying more than 2% after i t report ed Q4 non-GAAP earnings of $1.37 per share, up 21% over year-ago levels and well ahead of the analyst consensus of $1.21 per share on Capital IQ. Revenue was $33.7 billion, up 12% from last year and better than expectations of $32.8 billion.

In other sector news:

(=) Wix.com ( WIX ) was unchanged after announcing the expansion of its business operations in Japan with the opening of an office and customer support center in Tokyo.

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: CRWD , MSFT , WIX , AAPL , IBM



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