Tech Five: Twitter to report earnings
A pair of social giants kick off another busy week in tech. Let's look at the five technology stocks to watch Monday:
Twitter. The microblogging service reports third quarter earnings after the markets close Monday. Last quarter, Twitter shares surged 20% after the company reported a 24% bump in the number of monthly users. The number of users accessing Twitter by mobile device also increased.
Facebook. The social network will report its third quarter results after the bell Tuesday. Analysts forecast Facebook will report an earnings per share of 40 cents off revenue of $3.1 billion.
Apple. Drug stores Rite-Aid and CVS have reportedly cut off access to Apple Pay, the tech giant's newly launched mobile payments service. At issue is a competing mobile payment service called CurrentC, which will be supported by major retailers including Best Buy and Target.
Microsoft. The company announced it will temporary slash the price of its Xbox One video game consoles for the holidays to $349. The decrease takes effect November 2.
Electronic Arts. The video game publisher will report second quarter earnings after the markets close Tuesday. The company is predicted to report an earnings per share of 53 cents off revenue of $1.2 billion.
Follow Brett Molina on Twitter: @brettmolina23.