Morning Alert: QUALCOMM, Inc. (NASDAQ:QCOM), Twitter Inc (NYSE:TWTR), AirMedia Group Inc. (NASDAQ:AMCN), Apple Inc. (NASDAQ:AAPL), USG Corporation (NYSE:USG)

Technology Stocks News 4

Rumours have again surfaced regarding overheating issues with QUALCOMM, Inc. (NASDAQ:QCOM)’s Snapdragon 810 mobile chip, with some reports suggesting that this year’s batch of top-end smartphones, from manufacturers such as Samsung and LG, could be held back by their reliance on the chip. QUALCOMM, Inc. (NASDAQ:QCOM) belongs to Technology sector. Its net profit margin is 30.10% and weekly performance is 0.12%. On last trading day company shares ended up $72.97. QUALCOMM, Inc. (NASDAQ:QCOM) distance from 50-day simple moving average (SMA50) is 0.18%.

Twitter (NYSE:TWTR) Director Evan Clark Williams sold 11,160 shares of the stock on the open market in a transaction dated Monday, January 5th. The stock was sold at an average price of $36.29, for a total value of $404,996.40. Twitter Inc (NYSE:TWTR) shares moved up 0.71% in last trading session and ended the day at $39.65. TWTR Gross Margin is 63.80% and its return on assets is -24.50%. Twitter Inc (NYSE:TWTR) quarterly performance is -18.23%.

AirMedia Group Inc. (NASDAQ:AMCN) announced that it had reached agreements with two media companies to divest its TV-attached digital frames and airport digital TV screens business. The company said these two unprofitable product lines had been negatively contributing to its overall results for years. The divestiture is expected to have an immediately positive effect on the company’s results of operation. AirMedia Group Inc. (NASDAQ:AMCN) belongs to Services sector. Its net profit margin is -4.90% and weekly performance is 0.82%. On last trading day company shares ended up $2.45. AirMedia Group Inc. (NASDAQ:AMCN) distance from 50-day simple moving average (SMA50) is -2.96%.

Four Silicon Valley companies including Apple Inc. (NASDAQ:AAPL) and Google Inc have agreed to a new settlement that would resolve an antitrust class action lawsuit by tech workers, who accused the firms of conspiring to avoid poaching each other’s employees. Apple Inc. (NASDAQ:AAPL) shares moved up 0.89% in last trading session and ended the day at $110.22. AAPL Gross Margin is 38.60% and its return on assets is 17.80%. Apple Inc. (NASDAQ:AAPL) quarterly performance is 10.91%.

USG (NYSE:USG)‘s stock had its “buy” rating reiterated by analysts at Goldman Sachs in a research report issued to clients and investors on Friday. USG Corporation (NYSE:USG) ended the last trading day at $29.53. Company weekly volatility is calculated as 5.04% and price to cash ratio as 14.06. USG Corporation (NYSE:USG) showed a weekly performance of 10.64%.

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