Top Technology Stocks:
MSFT: +0.6%
AAPL: +0.6%
IBM: +0.6%
CSCO: +0.7%
GOOG: +0.6%
Technology shares were higher in pre-market trading on Monday.
Expected movers:
- Akamai Technologies ( AKAM ): gets upgrade from Credit Suisse to Outperform from Neutral
- Vipshop ( VIPS ): JD.com ( JD ) and Tencent form strategic alliance to invest combined $863 million into company
Other news:
- Facebook ( FB ): demotes 'engagement bait' posts
News from overseas:
- Aconex (ACX.AX): gained more than 40% in Australian trading after agreeing to be bought by Oracle ( ORCL ) for $1.2 billion.
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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.
