Two Tech Stocks Are Just So Hot Right Now: Microsoft Corporation (MSFT), NVIDIA Corporation (NVDA)
Microsoft Corporation (MSFT) ended last trading session with a change of -0.34 percent. It trades at an average volume of 23.42M shares versus 19.56M shares recorded at the end of last trading session. The share price of $64.71 is at a distance of 37.28 percent from its 52-week low and down -1.23 percent versus its peak. The company has a market cap of $498.51B and currently has 7.7B shares outstanding. The share price is currently 0.4 percent versus its SMA20, 1.93 percent versus its SMA50, and 11.54 percent versus its SMA200. The stock has a weekly performance of 0.68 percent and is 4.77 percent year-to-date as of the recent close.
On March 06, 2017 Steelcase and Microsoft Corporation (MSFT) have joined forces to explore the future of work, developing a range of technology- enabled spaces designed to help organizations foster creative thinking and better collaboration. These spaces seamlessly integrate the best of Microsoft Surface devices with Steelcase architecture and furniture. The companies unveiled five new “Creative Spaces” showcasing how Steelcase and Microsoft can help organizations unlock creativity for every employee.
NVIDIA Corporation (NVDA) recently recorded 2.75 percent change and currently at $101.85 is 224.94 percent away from its 52-week low and down -15.66 percent versus its peak. It has a past 5-day performance of 4.28 percent and trades at an average volume of 19.27M shares. The stock has a 1-month performance of -12.37 percent and is -4.46 percent year-to-date as of the recent close. There were about 585.55M shares outstanding which made its market cap $59.64B. The share price is currently -1.87 percent versus its SMA20, -4.37 percent versus its SMA50, and 33.77 percent versus its SMA200.
Mar 8, 2017 — NVIDIA Corporation (NVDA) with Microsoft unveiled blueprints for a new hyperscale GPU accelerator to drive AI cloud computing.
Providing hyperscale data centers with a fast, flexible path for AI, the new HGX-1 hyperscale GPU accelerator is an open-source design released in conjunction with Microsoft’s Project Olympus.
HGX-1 does for cloud-based AI workloads what ATX — Advanced Technology eXtended — did for PC motherboards when it was introduced more than two decades ago. It establishes an industry standard that can be rapidly and efficiently embraced to help meet surging market demand.