Technology Sector Update for 01/12/2018: MSFT, AAPL, IBM, CSCO, GOOG, FB, WATT, CSIQ, FEYE, INFY, 0700.HK

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Top Technology Stocks:

MSFT: +0.6%

AAPL: +0.2%

IBM: +0.3%

CSCO: +0.7%

GOOG: +0.4%

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

Expected movers:

– Facebook ( FB ): plans shift away from posts by businesses

– Energous ( WATT ): issues Q4 revenue warning

– Canadian Solar ( CSIQ ): slashes Q4 revenue guidance

– FireEye ( FEYE ): acquires X15 Software for $20 million

– Infosys ( INFY ): meets Q4 Street views on earnings, revenue shy

News from overseas:

– Tencent Holdings Limited (0700.HK): drew $40 billion in orders for $5 billion bond sale

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