U.S. Stock Review:

Securities exchanges overall rose on Friday on stronger-than-anticipated financial development in Germany and good faith that Greece would achieve an arrangement with its banks, while oil costs increased on signs that abundance supply may ebb.

The S&P 500 SPX quit for the day focuses, or 0.41 percent, at 2,096.99.

The Dow Jones mechanical standard DJI quit for the day focuses, or 0.26 percent, at 18,019.35.

Technology Sector Review:

Technology stocks completed up 0.6% on Wall Street

Micron Technology has structured a multi-year collusion with Seagate Technology. Both organizations are enormous players in HDD and blaze memory and the understanding consolidates their aptitude. Their clients are accepted to profit from the main stockpiling arrangements. The partnership will be concentrating on cutting edge SSD and NANDs at first, however later on the two organizations are relied upon to deal with big business stockpiling arrangements with the assistance of NAND blaze memory supplied by Micron.

The iPhone is a strikingly productive item for Apple. In times when most contenders need to forcefully slice their costs to maintain piece of the pie, Apple is exhibiting phenomenal valuing power and offering its new iPhone 6 and iPhone 6 Plus models at ever higher costs.

Apple demolished it’s GT Advanced Technologies and looks as near to Corning (GLW - Analyst Report) as ever. But at the same time its utilizing sapphire from Rubicon. It is a major ordeal for this small organization and could support its purchaser income.

Apple’s stock shut at $109.14 the day that it reported its December quarter brings about January.

U.S. stock markets were closed on Monday for the Presidents’ Day occasion.

Below is described the comprehensive details of few technology sector stocks that remained in the red-zone Friday:

Zynga Inc (NASDAQ:ZNGA), diminished -15.79%, and closed at $2.24. The company holds the book value per share of 2.18, whereas cash per share is 0.91. Price to book value is estimated to be 1.03, while price to sale value is 3.00.

Press Release Highlights:

Zynga Inc., declared financial results for the fourth quarter ended December 31, 2014.

• Generated bookings of $182.4 million, Adjusted EBITDA of $9.4 million and Non-GAAP net loss of $2.5 million in the fourth quarter of 2014.
• Delivered a 120% increase in fourth quarter mobile bookings year over year and a 14% increase quarter over quarter.
• In terms of platform mix, mobile bookings represented 60% of total bookings in the fourth quarter of 2014, up from 34% in the fourth quarter of 2013.

Profile: Zynga Inc (NASDAQ:ZNGA), develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States and internationally.

Knowles Corp(NYSE:KN), dropped -14.09%, and closed at $18.59. The company has the market capitalization of $1.58 billion. On the other hand the stock’s volatility for the week is 6.04%, and for the month is 4.80%.

Press Release Highlights:

The firm declared results for the fourth quarter and year ended December 31, 2014.

• Revenue for the fourth quarter of 2014 was $286.1 million contrast to $330.4 million reported in the same period one year ago.
• Gross profit for the fourth quarter of 2014 was $63.6 million compared with gross profit of $114.2 million reported in the same period one year ago. Non-GAAP gross profit for the fourth quarter of 2014 was $70.3 million compared with non-GAAP gross profit of $125.1 million reported in the same period one year ago. Excluding the impact of the microphone charges, fourth quarter of 2014 non-GAAP gross profit was $91.2 million or 32 percent of sales.

Profile: Knowles Corporation designs, manufactures, and sells products and components to the mobile consumer electronics, medical technology, telecommunications infrastructure, military/space, and other industrial markets.

Ambarella Inc(NASDAQ:AMBA), dipped -8.08%, and closed at $50.71. The mean recommendation of analysts for this stock is 2.30. (where 1=Buy, 5=Sale). Its 20-day moving average declined -10.63%, below 50-day moving average of -6.86%, but above 200-day moving average of 28.56%.

Profile: Ambarella, Inc. develops semiconductor processing solutions for video that enable high-definition (HD) video capture, sharing, and display worldwide.

Inphi Corporation(NYSE:IPHI), dropped -7.17%, and closed at $19.17. The company has the market capitalization of $711.24M. The beta value of the stock is 2.05. On the other hand the stock’s volatility for the week is 8.60%, and for the month is 5.58%. The stock price to book value is $2.97; however price to sale value is $4.56.

Press Release Highlights:

The organization announced results for its fourth quarter and full year ended Dec. 31, 2014. Marking a quarterly revenue record for Inphi, revenue in the fourth quarter of 2014 was $54.8 million, up 51% from $36.3 million reported for the third quarter of 2014. Revenue was up 88% year over year, contrast to $29.1 million in the fourth quarter of 2013.

Profile: Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide.

Ubiquiti Networks Inc(NASDAQ:UBNT) plunged -6.13%, and closed at $28.78. The company has the market capitalization of $2.53 billion. The beta value of the stock is 2.36. On the other hand the stock’s volatility for the week is 5.35%, and for the month is 4.60%.

Press Release Highlights:

The Corporation declared results for the second fiscal quarter of 2015, ended December 31, 2014.

• Second Quarter Financial Summary
• Revenues of $153.1 million, up 11% year-over-year
• GAAP operating profit of $50.7 million, up 8% year-over-year
• GAAP net income of $46.3 million, up 11% year-over-year
• Non-GAAP operating profit of $52.2 million, up 7% year-over-year
• GAAP diluted EPS of $0.52 and non-GAAP diluted EPS of $0.53, up 11% and 10% year-over-year, respectively

Ubiquiti Networks, Inc., together with its subsidiaries, provides various networking products and solutions for service providers and enterprises in the United States and internationally.