Technology Sector Update for 02/01/2018: MSFT, AAPL, IBM, CSCO, GOOG, BABA, KEM, VOD, NOK

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Top Technology Stocks:

MSFT: -1.0%

AAPL: -0.4%

IBM: -0.1%

CSCO: -1%

GOOG: +0.3%

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

Expected movers:

– Alibaba Group Holding ( BABA ): posts mixed fiscal Q3, lifts FY18 revenue guidance; buys 33% stake in Ant Financial

– Kemet ( KEM ): fiscal Q3 results beat views; invests in Novasentis, forms China JV

– Vodafone ( VOD ): reiterates full-year guidance despite drop in third quarter sales

– Nokia ( NOK ): Q4 adjusted earnings, revenue exceed estimates

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