31 Jan Technology Sector Update for 01/31/2018: MSFT, AAPL, IBM, CSCO, GOOG, CMCM, ADP, CHKP, SLAB
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Top Technology Stocks:
MSFT: +0.1%
AAPL: -0.3%
IBM: +0.5%
CSCO: -0.4%
GOOG: +0.8%
Technology shares were mostly higher in pre-market trading on Wednesday.
Expected movers:
– Cheetah Mobile ( CMCM ): releases SafeWallet cryptocurrency wallet
– Automatic Data Processing ( ADP ): fiscal Q2 results beat views; lifts FY growth guidance ranges
– Check Point Software ( CHKP ): posts mixed Q4 vs views
– Silicon Laboratories ( SLAB ): Q4 results beat; Q1 earnings guidance straddles Street
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