U.S. stocks tumbled, concluding January 2015 on a weak note, following the outcomes of a slowdown in U.S. economic growth and how further potency in the dollar could knock corporate profits.
Prior to the opening of U.S. market morning, the government said that the economy raised 2.6 percent in the last quarter of 2014, as pathetic government and business spending held growth back. The decline was random and down from a gain of 4.6 percent in the second quarter and 5 percent in the third quarter.
Nine of the 10 sectors in the S&P 500 fell, and utilities declined the most.
Here, in this article, Technology Sector is in focus.
Headlines:
In headlines from technology sector, Amazon.com and Visa stated strong results late Thursday. Amazon leaped 13.7 percent, while Visa climbed 2.8 percent.
The details (latest news along with profile) about the biggest losers for Friday’s Trade among Technology Stocks include:-
Microsoft Corporation, (NASDAQ:MSFT), declined -3.83% to $40.40, during the last trading session, after The FIDO (Fast IDentity Online) Alliance, a trade consortium introduced in 2013 to revolutionize online authentication with open standards for simpler, stronger authentication, declared the result of their annual officer election, counting new president Dustin Ingalls of Microsoft, and the selection of the company’s first executive director, Brett McDowell.
The FIDO Alliance Board of Directors includes leading global organizations: Alibaba (BABA); ARM Holdings plc (ARM) (ARMH); Bank of America (BAC); CrucialTec (KRX:114120); Discover Financial Services (NYSE: DFS); Google; IdentityX; Lenovo; MasterCard (NYSE: MA); Microsoft (MSFT); Nok Nok Labs, Inc.; NXP Semiconductors N.V. (NXPI); Oberthur Technologies OT; PayPal ( EBAY); Qualcomm, (QCOM); RSA®; Samsung Electronics, (SECL); Synaptics ( SYNA); Visa ( V); Yubico.
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
Oracle Corporation, (NYSE:ORCL), dipped -2.26% to $41.89, during the last trading session, after the news that in Q2 FY2015, quarterly sales for Oracle Enterprise Resource Planning Cloud (Oracle ERP Cloud) and Oracle Enterprise Performance Management Cloud (Oracle EPM Cloud) raised by 80 percent. This growth reiterates consumers confidence that Oracle is best positioned to offer CFOs a complete, integrated suite of financial administration, procurement, projects, and performance administration cloud services, all designed to work seamlessly and securely together.
Oracle Corporation, (ORCL), develops, manufactures, markets, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.
EMC Corporation, (NYSE:EMC), dwindles -1.78% to close at $25.93, after a global leader in enabling businesses and service providers, declared its fourth-quarter and full-year 2014 financial results. EMC has discussed its fourth-quarter and full-year 2014 financial results and business outlook during a conference call and live webcast on January 29, 2015.
EMC Corporation, (EMC), is a global leader in enabling businesses and service providers to ,transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing.
Nielsen Hldg NV, (NYSE:NLSN), declined -1.76% to settle at $43.56, during the last trading session, following a leading global provider of information and insights into what consumers watch and buy, declared that it will report its financial results for the fourth quarter and full year 2014 on Thursday, February 12, 2015. The Company will host a conference call to talk about its results at 8:00 a.m. Eastern Time on that date. A press release will be accessible on the Company’s website preceding to the call.
Nielsen Hldg NV, (NLSN), provides media and marketing information, analytics, and industry expertise about what consumers watch and listen. The company operates in two segments, Buy and Watch.
