Shares of Microsoft Corporation (NASDAQ:MSFT) ended Wednesday session in green amid volatile trading. The shares closed up +0.08 points or 0.14% at $58.03 with 20.54 million shares getting traded. Post opening the session at $57.88, the shares hit an intraday low of $56.68 and an intraday high of $58.06 and the price vacillated in this range throughout the day. The company has a market cap of $460.54 billion and the numbers of outstanding shares have been calculated to be 7.79 billion shares.
On Sept. 26, 2016 Adobe and Microsoft Corp. announced plans for a strategic partnership to help enterprise companies embrace digital transformation and deliver compelling, personalized experiences through every phase of their customer relationships. Together, the two companies will enable businesses to dramatically strengthen their brands through solutions with Microsoft Azure, Adobe Marketing Cloud and Microsoft Dynamics 365.
“Business leaders in every industry are focused on how to better engage their digital customers, wherever they are,” said Satya Nadella, CEO of Microsoft. “Together, Adobe and Microsoft are bringing the most advanced marketing capabilities on the most powerful and intelligent cloud to help companies digitally transform and engage customers in new ways.”
“Customers expect a well-designed, personalized and consistent experience every time they engage with a brand,” said Shantanu Narayen, president and CEO of Adobe. “Adobe and Microsoft will bring together the cloud horsepower and end-to-end capabilities brands need to design and deliver great digital experiences.”
Shares of Micron Technology, Inc. (NASDAQ:MU) ended Wednesday session in red amid volatile trading. The shares closed down -0.56 points or -3.11% at $17.44 with 42.72 million shares getting traded. Post opening the session at $18.16, the shares hit an intraday low of $17.15 and an intraday high of $18.16 and the price vacillated in this range throughout the day. The company has a market cap of $18.78 billion and the numbers of outstanding shares have been calculated to be 1.04 billion shares.
Micron Technology, Inc. (MU) provides semiconductor systems worldwide. It operates in four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. The company offers DDR4 and DDR3 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for mobile phones, tablets, embedded, computers, and other mobile consumer device applications; DDR2 DRAM, DDR DRAM, GDDR5 DRAM, SDRAM, reduced latency DRAM, and pseudo-static DRAM products for use in networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and HMC semiconductor memory devices for use in networking and computing applications.