NIKKEI 225
38,236.07 -37.98 (-0.10%) HANG SENG
18,207.13 +444.10 (+2.50%) CRUDE OIL
78.73 -0.27 (-0.34%) GOLD FUTURES
2,309.40 -1.60 (-0.07%) DOW
38,025.44 +122.15 (+0.32%) Bitcoin GBP
47,266.36 +1,476.32 (+3.22%)
QCOM May 2024 200.000 call
| Previous close | 0.1600 |
| Open | 0.0600 |
| Bid | 0.0400 |
| Ask | 0.0700 |
| Strike | 200.00 |
| Expiry date | 2024-05-10 |
| Day's range | 0.0600 - 0.2400 |
| Contract range | N/A |
| Volume | |
| Open interest | 851 |
- Yahoo Finance Video
Qualcomm CFO details 'first steps' of AI integration in phones
Qualcomm Inc. (QCOM) has issued an upbeat sales outlook, boosted by the chipmaker's anticipation of a resurgence in smartphone demand from China. To delve deeper into this forecast, Qualcomm' Chief Financial Officer Akash Palkhiwala joins Yahoo Finance anchor Julie Hyman. Palkhiwala states that the company is "very happy" with the current dynamics in the smartphone market, citing a trend of Android users gravitating "toward more premium devices." Looking ahead, the CFO reveals that Qualcomm is embarking on its "first steps" to integrate generative AI capabilities into devices, with the aim to extend this technology into the company's automotive and PC sectors in the future. Palkhiwala highlights that the integration of generative AI has already started within the company's hardware offerings. However, the primary focus moving forward will be on enhancing use cases and features within premium devices. "We're at the front end of a multiyear trend, and we're excited about what the devices can do with this capability," Palkhiwala told Yahoo Finance. "There's an upside opportunity for us if this drives an upgrade cycle in smartphones." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Yahoo Finance Video
Apple earnings on tap, investors digest Fed decision: Yahoo Finance
It's a busy day on Wall Street with investors bracing for earnings from numerous top names, including Apple (AAPL), Coinbase (COIN), Block (SQ), DraftKings (DKNG), Peloton (PTON), Novo Nordisk (NVO), and Moderna (MRNA). Apple is in focus, with investors bracing for key sales numbers out of China. Traders are still digesting the Federal Reserve's decision to leave interest rates unchanged at a 23-year high of 5.25%-5.50%. During his press conference yesterday, Chair Jerome Powell hinted that the central bank's next move will unlikely be a rate hike. Yahoo Finance trending tickers include Carvana (CVNA), NIO (NIO), and Qualcomm (QCOM). Key guests include:9 a.m. ET - Gabriela Santos, J.P. Morgan Asset Management Chief Global Strategist for the Americas9:15 a.m. ET - Lars Fruergaard Jørgensen, Novo Nordisk CEO10 a.m. ET - Deepak Puri, Deutsche Bank CIO Americas10:15 a.m. ET - Akash Palkhiwala, Qualcomm CFO10:30 a.m. ET - John Rogers, Ariel Investments Co-CEO10:40 a.m. ET - Stéphane Bancel, Moderna CEO10:50 a.m. ET - Stephen Yalof, Tanger CEO11:15 a.m. ET - Michael Skipworth, Wingstop CEO
Insider MonkeyQUALCOMM Incorporated (NASDAQ:QCOM) Q2 2024 Earnings Call Transcript
QUALCOMM Incorporated (NASDAQ:QCOM) Q2 2024 Earnings Call Transcript May 1, 2024 QUALCOMM Incorporated beats earnings expectations. Reported EPS is $2.44, expectations were $2.33. QCOM isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, thank you for standing by. […]
