Tech Stocks See Interest Following IBM (IBM) Q2 Beat

Tech stocks are higher in after-hours trade Monday following a second-quarter earnings beat from IBM (NYSE: IBM).

IBM reported second-quarter adjusted EPS of $3.09 on revs of 26.7 billion, beating analyst views calling for EPS of $3.03 and revs of $25.4 billion.

Some key movers following the report:

• Oracle (Nasdaq: ORCL) up nearly 1 percent (reported earnings on June 23rd);
  
  
• Microsoft (Nasdaq: MSFT) up 0.2 percent, should report earnings July 21st;
  
  
• Hewlett-Packard Co. (NYSE: HPQ) up 0.5 percent (reported on May 17th, should report again in mid-August);
  
  
• Intel (Nasdaq: INTC) up 0.2 percent, will report on July 20th; and
  
  
• Cisco (Nasdaq: CSCO) shares are flat, will report earnings on August 10th

---

Are you missing key trading opportunities? Upgrade to StreetInsider Premium and get a step ahead of the market - FREE TRIAL!