Technology

Technology Sector Update for 06/17/2019: INTC, QCOM, JKS, SFUN, MSFT, AAPL, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: +0.11%

AAPL: +0.26%

IBM: Flat

CSCO: +0.46%

GOOG: +0.06%

Leading technology stocks were mostly higher pre-market Monday.

In other sector news:

(+) Qualcomm (QCOM) and Intel (INTC) are among American chipmakers lobbying the government to ease its ban on sales to the Chinese tech giant Huawei, Reuters reported, citing people familiar with the efforts. Both companies were recently trading marginally higher.

(=) JinkoSolar Holding Company (JKS) was unchanged after saying it has supplied 258 megawatts of monocrystalline PERC double glass modules to Trung Nam Group in Vietnam.

(=) Fang Holdings (SFUN) was flat after it posted a Q1 adjusted loss of $0.02 per American depositary share, compared with earnings of $0.00 per share in the same period a year ago.

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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