Technology Sector Update for 04/17/2019: DPW, QCOM, AAPL, ERIC, MSFT, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: +0.02%

AAPL: +0.45%

IBM: -2.94%

CSCO: +0.26%

GOOG: +0.26%

Most top technology stocks were rallying in pre-bell Wednesday trading.

Stocks moving on news include:

(+) DPW Holdings (DPW), which was surging more than 44% as it reported a 2018 net loss of $11.15 per share, compared with a net loss of $18.05 per share in the prior year period.

(+) Qualcomm (QCOM) was gaining more than 12% in value after the company and Apple (AAPL) agreed to drop all litigation between the companies all over the world, in a settlement that includes a payment to be made from Apple to Qualcomm.

(+) Ericsson (ERIC) was up more than 3% as it booked non-IFRS diluted EPS of SEK0.80 ($0.08) for Q1, exceeding last year's SEK0.11 and the Capital IQ consensus of SEK0.64.

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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