Technology

Technology Sector Update for 01/03/2018: MSFT, AAPL, IBM, CSCO, GOOG, BB, BIDU, SIRI, ORCL, ATUS, SPNS

Top Technology Stocks:

MSFT: +0.05%

AAPL: flat

IBM: +1.6%

CSCO: flat

GOOG: +0.2%

Technology shares were mixed in pre-market trading Wednesday.

Expected movers:

- BlackBerry ( BB ): enters connected, autonomous car technology collaboration with Baidu ( BIDU )

- Sirius XM ( SIRI ): downgraded to Market Perform by Barrington amid royalty ruling

- Oracle ( ORCL ): upgraded to Overweight from Equal Weight at Morgan Stanley

Other news:

- Altice USA ( ATUS ): said to have pulled Starz (STRZA) and Encore movie channels from cable lineup

- Sapiens (SPNS): acquires KnowledgePrice for undisclosed sum

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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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