Technology

Technology Sector Update for 01/09/2018: MSFT, AAPL, IBM, GOOG, CSCO, BABA, UMC, IMOS, ASX

Top Technology Stocks:

MSFT: +0.3%

AAPL: +0.3%

IBM: +0.0%

CSCO: flat

GOOG: +0.2%

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

Expected movers:

- Apple ( AAPL ): responds to shareholder parental control concerns; says 'effectively anything' on iOS can be blocked by parents

- Alibaba Group ( BABA ): founder Jack Ma says 'seriously considering' Hong Kong listing

- United Microelectronics ( UMC ): December sales fall 15% vs year ago

Other news:

- ChipMOS ( IMOS ): reports lower revenue in December and Q4

- Advanced Semiconductor Engineering ( ASX ): Q4 revenue beats views, December revenue rises vs year ago

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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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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