In earnings, SMSI (+10.4%) issued downside guidance, while CLWR (+13.9%) issued upside guidance. Also, FCS (+4.6%) posted a slight beat, but guided below consensus.
In news, TXI (-4.4%) suspended its quarterly dividend. Among rumors, there's been speculation that GOOG (+0.2%) may be interested in AKAM (+5.4%), although GOOG reportedly denied such interest. Also, there's SINA (+7.2%) takeover chatter making the rounds.
Among notable analyst upgrades this morning, RAX (+1.4%) was upgraded to Buy at Goldman, NTES (+1.0%) was upgraded to Overweight at Piper Jaffray, and BRCM (+3.3%) was upgraded to Outperform at Baird.
In downgrades, ALTR (-0.6%) was downgraded to Neutral at Baird, ADS (-5.5%) was downgraded to Neutral at Suntrust, and Needham downgraded RNOW (-1.0%) to Hold.
GOOG (+0.2%) is the notable name in tech set to report results today after the close.






