Notable Movers: Nokia Corporation (ADR) (NYSE:NOK), Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL), Amazon.com, Inc. (NASDAQ:AMZN), Juniper Networks, Inc. (NYSE:JNPR)

Technology Stocks News 6

Nokia and Airtel have joined hands to offer Nokia XL users across India free Android app downloads as part of a plan to encourage data usage and treat owners of the smartphone simultaneously. Going by the details of the deal, subscribers will be able to download applications onto their handset for free. Nokia Corporation (ADR) (NYSE:NOK) stock performance was -0.75% in last session and finished the day at $7.98. Traded volume was 10.86million shares in the last session and the average volume of the stock remained 20.16million shares. The beta of the stock remained 1.66.

In an attempt to improve security and increase the number of cyber security experts, Vietnam’s Ministry of Information and Communication and Vietnam’s Computer Emergency Response Center (VNCERT) signed two Memorandums of Understanding with Microsoft Corporation. Microsoft will assist Vietnam to modernize IT facilities, provide monthly security reports, help develop cloud computing, and train Vietnamese cyber security experts. Additionally, Microsoft will help coordinate computer emergency assistance and inspect security breaches. Microsoft Corporation (NASDAQ:MSFT) rose 0.65 percent to $41.50 Monday on volume of 24.21million shares. The intra-day range of the stock was $41.04 to $41.61. Microsoft Corporation (NASDAQ:MSFT) has a market capitalization of $342.81billion.

Analysts at Stifel Nicolaus boosted their target price on shares of Oracle (NASDAQ:ORCL) to $47.00 in a research report issued to clients and investors on Thursday. Stifel Nicolaus’ price objective would indicate a potential upside of 11.53% from the stock’s previous close. Oracle Corporation (NYSE:ORCL)’s stock on June 16, 2014 reported a increase of 0.02% to the closing price of $42.15. Its fifty two weeks range is $29.86 -$42.88. The total market capitalization recorded $187.94billion. The overall volume in the last trading session was 8.15million shares. In its share capital, ORCL has 4.46billion outstanding shares.

Amazon.com Inc. (AMZN) Chief Executive Officer Jeff Bezos wants control of the smartphone home screen so he can put more of the company’s services squarely in front of consumers. By introducing a handset, Amazon can more directly push access to its online store, or digital content like music, movies and games, to consumers. A smartphone also adds to the growing lineup of tablet, e-reader and other hardware that can help Amazon circumvent Apple, Google Inc. and Samsung, which serve as digital gatekeepers by controlling how applications and media reach customers on mobile gadgets. On Monday, shares of Amazon.com, Inc. (NASDAQ:AMZN) advanced 0.41% to close the day at $327.62. Company return on investment (ROI) is 3.90% and its monthly performance is recorded as 10.99%. Amazon.com, Inc. (NASDAQ:AMZN) quarterly revenue growth is -12.64%.

In Juniper Networks, Inc. (NYSE:JNPR) news, EVP Pradeep Sindhu sold 55,000 shares of Juniper Networks stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $25.19, for a total transaction of $1,385,450.00. Juniper Networks, Inc. (NYSE:JNPR) stock performance was 1.38% in last session and finished the day at $24.93. Traded volume was 5.65million shares in the last session and the average volume of the stock remained 6.77million shares. The beta of the stock remained 1.88. Juniper Networks, Inc. (NYSE:JNPR) insider ownership is 0.50%.

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