Advanced Micro Devices, Inc. (NASDAQ:AMD) [Trend Analysis] knocking active thrust in leading trading session, shares raise of 2.96% to 8.71 with about 62.29 Million shares have changed hands in this session. AMD goes open source in newest ROCm platform update. Processor maker is going all in for developing and sharing GPU-related hardware and software for high-end computing use cases.
In days gone by, one rarely heard of IT companies getting involved in the open sourcing of hardware blueprints. It was always about software. This is happening more frequently all the time and making a important impact in many enterprises. It’s yet another seismic change that has hit the larger-picture IT world.
While, AMD ( NASDAQ:AMD) recently reported its upcoming financial conference schedule: Nov. 30, 2016, 9:30 a.m. MST – Lisa Su, president and chief executive officer, will present at the Credit Suisse 20th Yearly Technology, Media & Telecom Conference in Phoenix, AZ;
Nov. 30, 2016, 9:45 a.m. GMT – Ruth Cotter, chief human resources officer and senior vice president of corporate communications and investor relations will present at the Nasdaq 35th Investor Program in London, England; The stock is going forward its fifty-two week low with 397.71% and lagging behind from its 52-week high price with -0.68%. Same, the positive performance for the quarter recorded as 14.91% and for the year was 307.01%, while the YTD performance remained at 203.48%. AMD has Average True Range for 14 days of 0.46.
CEMEX, S.A.B. de C.V. (NYSE:CX) [Trend Analysis] retains strong position in active trade, as shares scoring -3.87% to $7.71 in a active trade session, while looking at the shares volume, about 16.32 Million shares have changed hands in this session. CEMEX (CX) as well as IBM (NYSE:IBM) reported that CEMEX will undertake a sweeping digital transformation deinked to improve its operations, substantially improve its consumer experience and raise business efficiencies. Startning in early 2017, CEMEX will launch a suite of custom apps deinked in alliance with IBM iX to create the best mobile-led consumer experience in the building materials supply industry.
CEMEX will follow a “speed-to-market” approach, launching a pilot project, followed by user testing, adjusting the solutions to meet the users’ needs, and then scaling the apps worldwide. For example, a new Foreman app that will enable construction foremen to manage many aspects of their ready-mix concrete orders in real-time is presently being field tested by select CEMEX consumers in several markets previous to global implementation. The firm has institutional ownership of 36.90%, while insider ownership included 60.00%. CX attains analyst recommendation of 2.40 with week’s performance of 3.77%. Investors looking additional ahead will note that the Price to next year’s EPS is 18.01%.