NIKKEI 225
38,270.59 -3.46 (-0.01%) HANG SENG
17,997.84 +234.81 (+1.32%) CRUDE OIL
79.37 +0.37 (+0.47%) GOLD FUTURES
2,331.50 +20.50 (+0.89%) DOW
37,903.29 +87.37 (+0.23%) Bitcoin GBP
45,683.68 -1,980.49 (-4.16%)
QUALCOMM Incorporated (QCOM.SW)
| Previous close | N/A |
| Open | N/A |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | N/A - N/A |
| 52-week range | 145.00 - 145.00 |
| Volume | |
| Avg. volume | 0 |
| Market cap | N/A |
| Beta (5Y monthly) | 1.34 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
Qualcomm results suggest supercycle is on the horizon: Analyst
Qualcomm Inc. (QCOM) reported its second quarter earnings results, beating analyst estimates on the top and bottom lines. The semiconductor giant's second quarter adjusted earnings were $2.44 per share, topping Street estimates of $2.32. Adjusted revenue of $9.39 billion was just slightly better than the $9.32 billion estimate. Joining Market Domination Overtime to discuss the results are Rosenblatt Securities Managing Director and Senior Research Analyst Kevin Cassidy and Moor Insights & Strategy Founder, CEO, and Chief Analyst Patrick Moorhead. While the quarter focused primarily on Qualcomm's handset sales, Moorhead highlights the company's automotive segment as "the biggest surprise" in the results. He notes that this sector witnessed a remarkable surge in its backlog, increasing from $30 billion to a staggering $45 billion over the course of 18 months, describing the feat as "pretty big." Asked about AI's implications, Moorhead says that with Qualcomm's new chips featuring "supersized AI" capabilities, he is "very optimistic" that a supercycle could emerge in the latter half of the year. Cassidy echoed Moorhead's sentiment, describing Qualcomm's results as "a relief" amid reports of weakening demand in the Android sector. He agrees with the notion of a potential supercycle, saying that Qualcomm's unique features and applications could support such a development. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
- Yahoo Finance Video
Fed stays on pause, Qualcomm, Etsy, Zillow report: Yahoo Finance
The Federal Reserve Open Market Committee has left its fed funds target range unchanged. In its statement, the Committee says there has been a "lack of further progress" in bringing inflation down to its 2% target. Earnings are also driving the action on Wall Street with the likes of Qualcomm (QCOM), Etsy (ETSY), MGM Resorts (MGM), and Zillow (Z) set to report. Trending tickers on Yahoo Finance include Starbucks (SBUX), Super Micro Computer (SMCI), and CVS Health (CVS). Top guests today include: 2:00 p.m. ET - Steven Wieting, Citi Wealth Chief Investment Strategist and Chief Economist 2:10 p.m. ET - Ann Berry, Threadneedle Ventures Founder, and Jeff Klingelhofer, Thornburg Investment Management Co-Head of Investments and Portfolio Manager 2:20 p.m. ET - Gary Stern, Former Federal Reserve Bank of Minneapolis President and CEO 3:20 p.m. ET - Michael Darda, Roth MKM Partners Chief Economist & Macro Strategist 4:20 p.m. ET - Mona Mahajan, Edward Jones Senior Investment Strategist 4:50 p.m. ET - Dave Stephenson, Airbnb Chief Business Officer
- Yahoo Finance Video
Amazon jumps on earnings, Fed decision nears: Yahoo Finance
Amazon (AMZN) shares are higher this morning after the company's first-quarter earnings topped expectations. The company reported net sales rose 13% year-over-year. On the earnings front, we hear from several other big names today, including Pfizer (PFE), CVS (CVS), Mastercard (MA), Qualcomm (QCOM), Etsy (ETSY), and MGM Resorts (MGM). It will all be overshadowed by the Federal Reserve decision at 2 p.m. ET. The central bank is expected to hold rates steady at a range of 5.25% to 5.5%. Yahoo Finance trending tickers include bitcoin (BTC-USD), Starbucks (SBUX), and Advanced Micro Devices (AMD). Key guests include:9:15 a.m. ET - Willem Sels, Global CIO, HSBC Global Private Banking9:30 a.m. ET - Brent Thill, Jefferies Tech Research Analyst9:40 a.m. ET - Rachel Ruggeri, Starbucks CFO9:50 a.m. ET - Kevin O'Leary, O’Leary Ventures Chairman10 a.m. ET - Vincent Reinhart, Dreyfus and Mellon Chief Economist & Fmr. Fed Economist10:45 a.m. ET - Matt Darin, Curaleaf CEO11:15 a.m. ET - Alex Timm, Root Insurance CEO
