Hot List: Sky-mobi Ltd (NASDAQ:MOBI), Akamai Technologies (NASDAQ:AKAM), NVIDIA Corporation (NASDAQ:NVDA), Glu Mobile (NASDAQ:GLUU)

Posted by on Mar 26, 2014

Sky-mobi Ltd (ADR) (NASDAQ:MOBI) retreated from its earlier session’s rally. The mobile application store operator has recently announced that it has partnered with China Unicom. Sky-mobi has effected this partnership through its holding company called Mopin Technology, which signed an agreement with the  ChinaUnicome’s official app store called the Wo Store. As per the agreed terms of the deal, Sky-mobi Ltd (ADR)(NASDAQ:MOBI) will deliver custom-made software services for the telecom’s physical stores. Initially, Sky-mobi will service the physical stores of China Unicom in the areas such as Guangxi, Zhejiang and Shandong provinces, and in the second stage, these services will cover broader areaslike Hunan, Heilongjiang, Hubei, Guangdong and Shanghai,in the year 2014. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) stock opened today at $9.52 and is currently trading at $9.47. The stock showed a neagtive weekly performance of -16.83%.

Investment analysts at Credit Agricole hoisted their price objective on shares of Akamai Technologies (NASDAQ:AKAM) from $66.00 to $70.00 in a note issued to investors on Wednesday, Stock Ratings Network.com reports. Credit Agricole’s price target would indicate a potential upside of 20.98% from the stock’s previous close. Akamai Technologies, Inc. (NASDAQ:AKAM) stock opened at $58.65, in current trading session and currently is at $57.96, by gaining 0.17%.The 52 week range of $32.63-$63.15. Company’s market capitalization is $10.35 billion.

NVIDIA Corporation(NASDAQ:NVDA) promises its Pascal GPU architecture, the successor to its recently-launched Maxwell, will deliver a 5x-12x improvement in GPU-to-CPU and GPU-to-GPU transfer speeds by leveraging the chipmaker’s NVLink interconnect. Pascal, due in 2016, will also support 3D memory chips, something it expects will improve densities by 2.5x and memory energy efficiency by 4x.Pascal will underpin mobile processors and HPC GPUs in addition to PC GPUs. CEO Jen-Hsun Huang goes as far as to say it will enable new machine learning/A.I. apps.Nvidia, which is hosting both its investor day (webcast) and its annual GPU conference (live blog) today, has also: unveiled Titan Z, a flagship dual-GPU graphics card solution (relies on Nvidia’s Kepler architecture) that will retail for a whopping $3K. Nvidia’s current flagship (the GTX Titan Black) only goes for $999, and AMD’s top-of-the-line R9 290X (previous) has a $549 MSRP. NVIDIA Corporation (NASDAQ:NVDA) stock is currently trading at $18.55 .The EPS of the stock is 0.74. Company’s market capitalization is $10.28 billion.

Glu Mobile (NASDAQ:GLUU) has received an average rating of “Buy” from the thirteen ratings firms that are presently covering the company, AnalystRatings.NET reports. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $4.82. Glu Mobile Inc. (NASDAQ:GLUU) stock opened the session at $4.94, and now is at $4.78. The 52 week range of the GLUU stock remained $2.10-$5.65 and the day range was $4.75-$5.00.

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