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QUALCOMM, Inc. (NASDAQ:QCOM) Technologies and ZTE demonstrated 5G-powered cloud gaming

QUALCOMM, Inc. (NASDAQ:QCOM) Technologies and Chinese telcommunications equipment provider ZTE have demonstrated 5G-powered cloud gaming, on a live 5G network, utilising cloud gaming solutions from Tencent Instant Play on 5G smartphones from OnePlus, Vivo, Xiaomi and ZTE. The demonstrations are taking place at MWC Shanghai, formerly known as Mobile World Congress Shanghai, and aimed at demonstrating that console-quality mobile gaming experiences are achievable over live 5G networks and show the growth opportunity for the cloud-gaming ecosystem.

QUALCOMM, Inc. (NASDAQ:QCOM) shares slumped -0.83% to finally closed at $72.55 in last active session. 

QCOM’s distance from 20 day simple moving average is 4.81% and distance from 50-Day simple moving average is -4.48%.

Analyst’s mean target price for QCOM is $88.77 while analysts mean recommendation is 2.20. Stock value has moved between $49.02 – 90.69 in last one year. Stock has got OUTPERFORM rating from 11 of Thomson Reuters analysts, 12 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Analyst’s mean target price for QCOM is $88.77 while analysts mean recommendation is 2.20. 

QUALCOMM, Inc. (NASDAQ:QCOM) yearly performance is 24.02% and net profit margin is 11.60%. Annual EPS Growth of past 5 years is -22.60%. The current share price indicates that stock is -19.69% away from its one year high and is moving 47.76% ahead of its 52-week low. 



On 25 June 2018, Applied Materials, Inc. (NASDAQ:AMAT) shares slumped -0.83% and ultimately finalized to $41.98 in last traded day. Stock has got OUTPERFORM rating from 10 of Thomson Reuters analysts, 8 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Analyst’s mean target price for AMAT is $52.25 while analysts mean recommendation is 2.10. 



At the movement KeyCorp (NYSE:KEY) is under coverage by number of analysts. Buy rating has been given by 9 analysts to the company stock whereas 1 given UNDERPERFORM rating to stock and 7 given HOLD rating. The consensus recommendation by Thomson Reuters analysts is 0.44 and their mean rating for the stock is 2 on scale of 1-5. Analysts mean target price for KeyCorp (NYSE:KEY) is $19.09 while their mean recommendation is 2.20 (1=Buy, 5=sell). 

If we look at stock performance in last active day trading, we see that stock has moved slumped -0.41% to end the day at $17.03. The current share price indicate that stock is -22.27% away from its one year high and is moving 24.72% ahead of its 52-week low. 

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