Technology Sector Update for 01/29/2018: MSFT, AAPL, IBM, CSCO, GOOG, DST, CYOU, SOHU, MOMO


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Top Technology Stocks:

MSFT: +1.1%

AAPL: -0.8%

IBM: -0.2%

CSCO: -0.3%

GOOG: -0.1%

Technology shares were mostly lower in Monday’s pre-market trading .

Expected movers:

– DST Systems ( DST ): said Q4 EPS rose 33.7% year over year while revenue topped Street views

– Changyou.com ( CYOU ): reports lower-than-expected Q4 results

– Sohu.com ( SOHU ): fell more than 9% after reporting Q4 loss and revenue below Street expectations

Other news:

– Momo ( MOMO ): jumped more than 3% after JP Morgan upgraded shares to overweight from neutral

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