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