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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

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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