Technology

Technology Sector Update for 05/01/2018: I, USM, COMM, SABR, AMZN

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Top Technology Stocks:

MSFT: -0.01%

AAPL: +0.8%

IBM: +0.03%

CSCO: -0.4%

GOOG: +0.3%

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

Expected movers:

- Intelsat ( I ): Q1 loss misses Street view, revenue beats

- United States Cellular ( USM ): reports mixed earnings; beats Street on EPS, falls short on revenue

- Commscope ( COMM ): slips pre-bell as it lowers 2018 core earnings guidance, but exceeds Q1 expectations

Other news:

- Sabre ( SABR ): partners with Amazon ( AMZN ) to provide travel information services

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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