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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

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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