Trader’s Buzz: QUALCOMM (NASDAQ:QCOM), Xerox Corp (NYSE:XRX), Groupon (NASDAQ:GRPN), NVIDIA Corporation (NASDAQ:NVDA), Vodafone Group Plc (ADR) (NASDAQ:VOD)

Technology Stocks News 20

QUALCOMM (NASDAQ:QCOM)‘s stock had its “buy” rating reaffirmed by analysts at Nomura in a research report issued to clients and investors on Thursday. They currently have a $85.00 price objective on the stock, down from their previous price objective of $90.00. Nomura’s target price would suggest a potential upside of 11.70% from the stock’s previous close. QUALCOMM, Inc. (NASDAQ:QCOM) stock performance was -0.09% in last session and finished the day at $76.10. Traded volume was 13.57million shares in the last session and the average volume of the stock remained 8.22million shares. The beta of the stock remained 1.12. QUALCOMM, Inc. (NASDAQ:QCOM) insider ownership is 1.25%.

The Xerox Corp.’s second-quarter earnings report slightly edging analysts’ expectations.

Highlights include total revenue of $5.3 billion, down 2 percent from same quarter last year; Services revenue of $3.0 billion, representing 57 percent of total revenue and up 2 percent year-over-year; cash flow from operations of $325 million; a share repurchase of $204 million; and an adjusted earnings per share of 27 cents. Xerox Corp (NYSE:XRX) rose 2.41 percent to $13.15 Friday on volume of 14.08million shares. The intra-day range of the stock was $12.60 to $13.29. Xerox Corp (NYSE:XRX) as a market capitalization of $15.35billion.

At $75 million, it would be one of the largest single chunks of private equity received by a Chicago tech company in recent years. In 2011, Groupon Inc. raised $950 million before it went public; data-analytics firm Mu Sigma Inc.  Groupon Inc (NASDAQ:GRPN)’s stock on July 25, 2014 reported a increase of 0.98% to the closing price of $6.21. Its fifty two weeks range is $5.18 -$12.76. The total market capitalization recorded $4.24billion. The overall volume in the last trading session was 6.52million shares. In its share capital, GRPN has 682.19million outstanding shares.

NVIDIA Corporation(NASDAQ:NVDA) promises its 8″ Shield Android tablet, rumored for weeks, “[take] mobile gaming to another level.” In addition to sporting a Tegra K1 processor (heavy on GPU power), it features an optional gaming controller and the ability to stream games via Nvidia’s GameStream (PC-based) and Grid (cloud-based) services.A 16GB Wi-Fi-only model goes for $299, and a 32GB 4G model goes for $399. On Friday, shares of NVIDIA Corporation (NASDAQ:NVDA) dropped -1.77% to close the day at $17.79. Company return on investment (ROI) is 7.30% and its monthly performance is recorded as -4.41%. NVIDIA Corporation (NASDAQ:NVDA) quarterly revenue growth is  -4.56%.

Vodafone Group Plc (NYSE:VOD)‘s stock had its “outperform” rating restated by equities researchers at Credit Suisse in a research report issued on Thursday. Vodafone Group Plc (ADR) (NASDAQ:VOD) stock performance was 1.94% in last session and finished the day at $34.16. Traded volume was 7.23million shares in the last session and the average volume of the stock remained 6.22million shares. The beta of the stock remained 0.78.

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