Tech Stocks Buzzer – Microsoft Corporation (MSFT), Cisco Systems Inc. (CSCO)
Shares of Microsoft Corporation (NASDAQ:MSFT) ended Thursday session in red amid volatile trading. The shares closed down -0.19 points or -0.33% at $56.92 with 25.31 million shares getting traded. Post opening the session at $56.70, the shares hit an intraday low of $56.31 and an intraday high of $57.30 and the price vacillated in this range throughout the day. The company has a market cap of $442.93 billion and the numbers of outstanding shares have been calculated to be 7.79 billion shares.
Microsoft Corporation (MSFT) announced that Microsoft HoloLens, the world’s first self-contained holographic computer, is now available for preorder in Australia, France, Germany, Ireland, New Zealand and the United Kingdom, with devices starting to ship in late November.
The news comes while HoloLens is experiencing tremendous excitement and interest from developers and commercial customers and partners around the globe.
“Since the launch of Microsoft HoloLens, we have seen really passionate developers and world-class companies develop groundbreaking computing experiences — experiences only possible on HoloLens,” said Alex Kipman, technical fellow, Microsoft Windows and Devices Group. “When we set out to pioneer the mixed-reality category, we knew that many of the best innovations would be discovered when others got their hands on the technology. It has been quite inspiring to see what our partners have built and what individual developers have created. Together, we have only scratched the surface for what mixed reality can do. I can’t wait to see what happens next as we welcome these new countries to our holographic landscape.”
Shares of Cisco Systems, Inc. (NASDAQ:CSCO) ended Thursday session in red amid volatile trading. The shares closed down -0.17 points or -0.56% at $30.17 with 24.29 million shares getting traded. Post opening the session at $30.09, the shares hit an intraday low of $29.86 and an intraday high of $30.25 and the price vacillated in this range throughout the day. The company has a market cap of $147.87 billion and the numbers of outstanding shares have been calculated to be 5.03 billion shares.
Cisco Systems, Inc. (CSCO) designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications.