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Tech Stocks Zone= Micron Technology, Inc. (MU), Verizon Communications Inc. (VZ)

Shares of Micron Technology, Inc. (NASDAQ:MU) ended Tuesday session in green amid volatile trading. The shares closed up +0.07 points or 0.39% at $17.80 with 54.50 million shares getting traded. Post opening the session at $17.98, the shares hit an intraday low of $17.66 and an intraday high of $18.04 and the price vacillated in this range throughout the day. The company has a market cap of $18.43 billion and the numbers of outstanding shares have been calculated to be 1.04 billion shares.

Micron Technology, Inc. (MU) announced results of operations for its fourth quarter and 2016 fiscal year, which ended September 1, 2016. Revenues for the fourth quarter of fiscal 2016 were $3.22 billion and were 11 percent higher compared to the third quarter of fiscal 2016 and 11 percent lower compared to the fourth quarter of fiscal 2015. Revenues for fiscal year 2016 were $12.40 billion and net loss attributable to Micron shareholders was $276 million, or ($0.27) per diluted share. On a non-GAAP basis, the fiscal year result was income of $0.06 per diluted share. Cash flows from operations were $3.17 billion for fiscal year 2016.

“We are seeing improving market conditions in terms of both slowing supply growth and improving demand across a number of key segments,” said Micron CEO Mark Durcan. “In addition, we continue to execute on our key initiatives related to the deployment of advanced technologies and products to advantage our customers.”

Shares of Verizon Communications Inc. (NYSE:VZ) ended Tuesday session in red amid volatile trading. The shares closed down -0.62 points or -1.20% at $51.26 with 13.75 million shares getting traded. Post opening the session at $51.77, the shares hit an intraday low of $51.00 and an intraday high of $51.94 and the price vacillated in this range throughout the day. The company has a market cap of $208.55 billion and the numbers of outstanding shares have been calculated to be 4.08 billion shares.

Verizon Communications Inc. (VZ) announced it is the exclusive U.S. wireless provider of Pixel and Pixel XL, a pair of innovative new smartphones made by Google that take full advantage of Verizon’s 4G LTE network, available to more than 314 million people across 2.31 million square miles. And now, with LTE Advanced, Verizon customers with capable devices can experience 50 percent faster peak wireless data speeds in more than 450 cities from coast to coast.

Your phone, never full.

With Pixel and Pixel XL, storage anxiety is a thing of the past. Both phones come with unlimited storage for photos and videos at full resolution so you will never run out of space or miss out on a candid moment. Even better, a smart storage feature lets your Pixel free up space automatically when you need it, which means you’ll always have memory available. Just set it up once and say goodbye to those annoying “storage is full” warnings.

Your assistant, always by your side.

The Google Assistant on Pixel and Pixel XL is a new way to help you get things done throughout your day. Just say, “OK, Google,” or touch and hold the Home button and ask a question or make a request. The Google Assistant can easily help you do things like make a dinner reservation, add items to your shopping list, create calendar entries or search the Internet for the latest baseball scores — all without having to open multiple apps.

Your memories, never missed.

With 12.3 megapixel rear and 8 megapixel front cameras, it’s easier than ever to capture that perfect shot. Take crisp photos in bright light, low light or any light, and catch action shots as they happen with Smartburst. Once you’ve captured the moment, full-resolution photos and videos are instantly backed up to Google Photos over the Verizon network for safekeeping, sorting and sharing on your favorite social network.

Your battery, charged fast.

Pixel and Pixel XL won’t leave you in a lurch when your battery is running low. When you need a quick charge, the USB Type-C charger gets you seven hours of battery life in just 15 minutes. To conserve battery when you aren’t using your phone, the Android-exclusive Doze function automatically puts it into a deep sleep state to extend your battery life.

 

 

About Anthony Davis

Anthony Davis has been a contributor on technology for us since from day one. Anthony Davis has provided his services independently. His educational background in technology has given him a broad base of writing columns on technology.

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