Shares of Sprint Corp (NYSE:S) ended Thursday session in green amid volatile trading. The shares closed up +0.02 points or 0.32% at $6.20 with 13.40 million shares getting traded. Post opening the session at $6.18, the shares hit an intraday low of $6.16 and an intraday high of $6.25 and the price vacillated in this range throughout the day. The company has a market cap of $24.83 billion and the numbers of outstanding shares have been calculated to be 3.98 billion shares.
On September 2, 2016 Sprint Corp (S) and DraftKings have joined forces to connect millions of Americans to their favorite sports and each other by pre-loading all eligible Sprint Android smartphones with the DraftKings mobile app.
Sprint Android customers will now have instant access to the DraftKings mobile app, which offers the most engaging fan experience in sports entertainment, connecting fans to the sports and teams they love. Through the app, users can compete in free and paid contests for cash prizes.
“Our mission as a sports entertainment company is to bring fans closer than ever to the games they love,” said Janet Holian, DraftKings chief marketing officer. “This is an exciting and natural partnership for DraftKings. Sprint connects its customers to their friends and family and now, through our DraftKings app, they can also connect with their favorite teams and athletes.”
“Sprint is always looking for new, fun and unique experiences for our customers,” said Roger Solé, Sprint chief marketing officer. “With the majority of daily fantasy sports interaction done on a mobile device, collaborating with DraftKings and pre-loading our Android smartphones with the app made perfect sense. We are excited to be giving our customers more on-the-go entertainment options.”
Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) ended Thursday session in red amid volatile trading. The shares closed down -0.05 points or -0.68% at $7.35 with 22.28 million shares getting traded. Post opening the session at $7.18, the shares hit an intraday low of $7.09 and an intraday high of $7.44 and the price vacillated in this range throughout the day. The company has a market cap of $5.78 billion and the numbers of outstanding shares have been calculated to be 795.56 million shares.
Advanced Micro Devices, Inc. (AMD) on Aug 29, 2016 announced that Senior Vice President and Chief Technology Officer Mark Papermaster will deliver a keynote address, “Race to Reality — The Next Billion-People Market Opportunity,” on Saturday, September 3, 2016 at 1:00 p.m. Central European Time (7:00 AM Eastern Time) in CityCube Berlin at IFA consumer electronic shows in Berlin.
“Examples of virtual reality are just starting to show us what is possible. Key improvements in computing hardware, displays and sensors will occur over the next two to five years that will deliver improvements in performance, affordability, mobility of virtual reality solutions and form the foundation for a breadth of exciting new applications of the technology,” said Papermaster. “Virtual and augmented reality have the potential to radically change many industries — from entertainment to education to healthcare — as it ushers us into a new era of innovation. The building blocks are all there, now the industry just needs to focus on improving hardware, visualization and software.”
The market potential is substantial. A new report from research firm IDC states that the total revenue for virtual reality and augmented reality is projected to increase from $5.2 billion in 2016 to over $162 billion in 2020.