Active stocks at Nasdaq: Cisco Systems (NASDAQ:CSCO), Applied Materials (NASDAQ:AMAT), QUALCOMM (NASDAQ:QCOM), Marvell Technology Group Ltd. (NASDAQ:MRVL), Microsoft Corporation (NASDAQ:MSFT)

Technology Stocks News 5

Cisco Systems, Inc. (NASDAQ:CSCO) recently said that its business in China declined 8% in the quarter that ended April 26. Additionally, the Chinese government recently decided not to use Microsoft Corporation’s Windows 8 operating system for its computers. Cisco Systems, Inc. (NASDAQ:CSCO) stock performance was 0.77% in last session and finished the day at $24.72. Traded volume was 22.58million shares in the last session and the average volume of the stock remained 35.81million shares. The beta of the stock remained 1.38. Cisco Systems, Inc. (NASDAQ:CSCO) insider ownership is 0.10%.

Applied Materials, Inc (NASDAQ:AMAT) had its buy rating reiterated by analysts at Citigroup Inc.. Citigroup Inc. currently has a $26.00 price target on the stock, up from their previous price target of $22.00. Applied Materials, Inc. (NASDAQ:AMAT) dropped -0.68 percent to $22.58 Wednesday on volume of 12.01million shares. The intra-day range of the stock was $22.38 to $22.75. Applied Materials, Inc. (NASDAQ:AMAT) has a market capitalization of $27.50billion.

Recently, Qualcomm Inc. (NASDAQ:QCOM) acquired Black Sand Technologies, a leading fables semiconductor manufacturer. Black Sand deploys its flagship CMOS semiconductor technology to develop advanced power amplifiers for wireless applications. QUALCOMM, Inc. (NASDAQ:QCOM)’s stock on June 25, 2014 reported a decrease of -0.93% to the closing price of $78.05. Its fifty two weeks range is $59.02 -$81.66. The total market capitalization recorded $131.74billion. The overall volume in the last trading session was 10.70million shares. In its share capital, QCOM has 1.69billion outstanding shares.

Marvell Technology Group Ltd (NASDAQ:MRVL) has received a consensus rating of “Buy” from the twenty-five brokerages that are currently covering the company, AnalystRatingsNetwork.com reports. Six investment analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $16.54. On Wednesday, shares of Marvell Technology Group Ltd. (NASDAQ:MRVL) advanced 0.84% to close the day at $14.49. Company return on investment (ROI) is 6.20% and its monthly performance is recorded as -7.71%. Marvell Technology Group Ltd. (NASDAQ:MRVL) quarterly revenue growth is -4.92%.

Announced early Tuesday Morning, Microsoft Corporation (NASDAQ:MSFT) unveiled their latest handheld device, the Nokia X2, officially the first cellular phone to be released by the company after acquiring Nokia’s handset business and deciding to refocus Microsoft’s direction in the technology space. Microsoft Corporation (NASDAQ:MSFT) stock performance was 0.68% in last session and finished the day at $42.03. Traded volume was 20.05million shares in the last session and the average volume of the stock remained 30.27million shares. The beta of the stock remained 0.90. Microsoft Corporation (NASDAQ:MSFT) insider ownership is 7.90%.

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