Source: USA TODAY
The technology-heavy Nasdaq 100 stock futures index added 0.21% to 3,004.50 on Friday morning.
Among shares in focus, software maker Autodesk (ADSK) fell over 6% in pre-market activity. On Thursday, the firm missed earnings estimates and also lowered its outlook.
Brocade Communications Systems (BRCD) shares fell 2.79% ahead of the market open. The networking-product maker’s quarterly earings rose 19% but revenue was flat against a year earlier.
Shares in Facebook (FB) may be in focus Friday. The social media firm’s IPO took place a year ago and its shares at that time suffered as the broader tech market also struggled. But since, Facebook has made strides in mobile advertising and is in a healthier place financially, analysts say.
Two business-software companies are expected to go public Friday: Marketo, which makes marketing software, and data-visualization company Tableau Software, which recently raised its price range to $28 to $30 per share, from $23 to $26.
Shares in personal computer maker Dell (DELL) declined 0.22% in pre-market action. The company released earnings results Thursday that disappointed investors.
Yahoo (YHOO) may be in talks to acquire social blogging site Tumblr, according to several media reports. citing unnamed sources familiar with the talks. Adweek reported that the price tag may be as high as $1 billion.