Biggest Movers of Tech Sector: Broadcom Corporation (NASDAQ:BRCM), Advanced Micro Devices (NYSE:AMD), Cisco Systems (NASDAQ:CSCO), Microsoft Corporation (NASDAQ:MSFT)

Broadcom Corporation (NASDAQ:BRCM) Revenues for first quarter 2014 were $1,984 million, down 1.0% year over year. However, quarterly revenues were above the Zacks Consensus Estimate of $1,962 million. Broadcom Corporation (NASDAQ:BRCM) shares after opening at $29.68 moved to $30.19 on last trade day and at the end of the day closed at $29.76. Company price to sales ratio in past twelve months was calculated as 2.10 and price to cash ratio as 5.94. Broadcom Corporation (NASDAQ:BRCM) showed a negative weekly performance of -1.13%.

The challenge for Advanced Micro Devices, Inc. (NYSE:AMD) is to adapt to a post-PC world. But can a company which made its name competing making microprocessors and competing with Intel Corporation (NASDAQ:INTC) change and change sufficiently fast to make up for a consistently declining PC market with new growth areas such as chips for gaming devices and for servers. Advanced Micro Devices, Inc. (NYSE:AMD) shares fell -5.37% in last trading session and ended the day on $4.05. AMD return on equity ratio is recorded as 9.30% and its return on assets is 1.00%. Advanced Micro Devices, Inc. (NYSE:AMD) yearly performance is 51.12%.

Cisco Systems, Inc. (NASDAQ:CSCO) Fund hatches Project Spring Roll, which adds “augmented collaboration” tools to the high-end video conferencing service. Cisco Systems, Inc. (NASDAQ:CSCO) shares moved down -1.41% in last trading session and was closed at $23.00, while trading in range of $22.88 – $23.32. Cisco Systems, Inc. (NASDAQ:CSCO) year to date (YTD) performance is 4.21%.

Microsoft Corp (NASDAQ:MSFT) is rushing to fix a bug in its widely used Internet Explorer web browser after a computer security firm disclosed the flaw over the weekend, saying hackers have already exploited it in attacks on some U.S. companies. Microsoft Corporation (NASDAQ:MSFT) weekly performance is -0.25%. On last trading day company shares ended up $39.91. Microsoft Corporation (NASDAQ:MSFT) distance from 50-day simple moving average (SMA50) is 2.27%. Analysts mean target price for the company is $41.08.