In earnings, ARRS (+0.8%) reaffirmed its Q2 guidance.
In news, NFLX (+0.3%) plans to start content delivery network, according to reports. AKAM (-5.5%) is trading lower in sympathy.
In Broker Research, BRCD (-5.1%) downgraded to Hold from Buy at ThinkEquity. FIO (+2.5%) upgraded to Buy from Neutral at Sterne Agee. MRVL (+1.7%) upgraded to Market Perform from Underperform at JMP Securities. Also ISI said that NTAP (+1.3%) acquisition would be both strategic and financially accretive in year 1 (post synergies) to both IBM and ORCL up to $50/share.
There are no notable names in tech scheduled to report quarterly results today after the close.






