QUALCOMM Incorporated (NASDAQ:QCOM) [Trend Analysis] surged reacts as active mover, shares a gain 0.31% to traded at $65.40 and the percentage gap between open changing to regular change was 1.01%. Verizon and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (QCOM), are accelerating innovation in the Internet of Things (IoT) with the introduction of ThingSpace-ready modules from Quectel and Telit using Qualcomm Technologies’ MDM9206 Category M1 (Cat-M1) LTE modem. To further facilitate the creation of IoT solutions using Verizon’s ThingSpace platform on the MDM9206 LTE modem, Verizon is making accessible a development kit. The modules and development kit are expected to be accessible in early 2017.Verizon’s ThingSpace client has been pre-integrated and tested on the MDM9206 LTE modem and is designed to allow manufacturers to easily and seamlessly develop, as well as manage IoT devices for quicker time-to-commercialization. Using the integrated application processor in the MDM9206 LTE modem, OEMs can develop cost-effective and small-footprint devices and incorporate the benefits of LTE connectivity into many new IoT applications. The firm’s current ratio calculated as 3.10 for the most recent quarter. The firm past twelve months price to sales ratio was 4.14 and price to cash ratio remained 5.23. As far as the returns are concern, the return on equity was recorded as 18.70% and return on investment was 11.90% while its return on asset stayed at 11.20%. The firm has total debt to equity ratio measured as 0.37.
Microsoft Corporation (NASDAQ:MSFT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.71% to close at $62.58 with the total traded volume of 20.31 Million shares. With Bitcoin popularity soaring like never before, Microsoft plans to add support for the crypto currency in Excel for both mobile and desktop versions. According to the official Office 365 roadmap, updated in December, Microsoft engineers are currently working on adding Bitcoin as one of the currency formats supported in Excel installations.
The feature is expected to roll out somewhere in 2017, with no exact timeline accessible. In a separate LinkedIn post, Martin Butler, Account Executive, Globals at Microsoft, has confirmed the company’s plans. The firm has institutional ownership of 72.50%, while insider ownership included 2.40%. Its price to sales ratio ended at 5.73. MSFT attains analyst recommendation of 2.10 with week performance of -2.22%.