Technology

Technology Sector Update for 03/15/2019: VUZI, AVGO, ORCL, MSFT, AAPL, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: +0.47%

AAPL: +0.60%

IBM: Flat

CSCO: +0.40%

GOOG: +0.71%

Tech giants were gaining in Friday's pre-bell trading.

Early movers include:

(-) Vuzix ( VUZI ), which was sinking by more than 11% after the supplier of smart glasses and augmented reality technology reported a Q4 loss of $0.22 per share, narrower than the loss of $0.29 in the same period a year ago. Analysts polled by Capital IQ expected a loss of $0.18 per share.

(+) Broadcom ( AVGO ) was advancing more than 5% as i t report ed better-than-expected Q4 non-GAAP earnings of $5.55 a share from $5.12 a year ago and compared with the consensus on Capital IQ for $5.23 a share.

(-) Oracle ( ORCL ) was down more than 3% even as it ramped up its dividend after posting better-than-expected results for its fiscal third quarter despite registering a slight decline in revenue.

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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

MSFT AVGO ORCL VUZI AAPL

Other Topics

Commodities

Latest Technology Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More