Technology Sector Update for 01/25/2018: AAPL, MSFT, IBM, CSCO, GOOG, STM, AVT, CCMP

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Top Technology Stocks:

AAPL: +0.3%

MSFT: +0.8%

IBM: +0.4%

CSCO: +0.6%

GOOG: +0.9%

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

Expected movers:

– STMicroelectronics ( STM ): rose 2% after it reported better-than-expected Q4 results; names Jean-Marc Chery as new CEO

– Avnet ( AVT ): rose more than 5% after it posted fiscal Q2 above Street estimates

Other news:

– Cabot Microelectronics ( CCMP ): reports fiscal Q1 earnings above year ago elvels, exceeds analysts’ forecasts

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