Qualcomm, Inc. is a leading technology company that specializes in designing and manufacturing semiconductors and telecommunications equipment. Known for its innovations in mobile broadband technology, Qualcomm develops advancements in wireless communication, particularly in the realms of 5G connectivity and mobile processors. The company plays a crucial role in enabling smartphones, tablets, and various connected devices with its chipsets and software solutions. Additionally, Qualcomm is involved in research and development to expand the capabilities of the Internet of Things (IoT) and automotive technology, driving the future of connectivity across different industries. Read More
Semiconductor giant Qualcomm Inc. made a bold bet on its future, involving diversification across lucrative new verticals, with AI as the foundational enabler for this expansion over the course of this decade.
CFO Akash Palkhiwala acknowledged the uncertainty around the impact of the global trade landscape on demand across the company’s businesses, according to Koyfin’s transcript.
The regular session of the US market on Wednesday is now over, but let's get a preview of the after-hours session and explore the top S&P500 gainers and losers driving the post-market movements.
As the regular session of the US market on Wednesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Wireless chipmaker Qualcomm (NASDAQ:QCOM) announced better-than-expected revenue in Q1 CY2025, with sales up 16.9% year on year to $10.98 billion. The company expects next quarter’s revenue to be around $10.3 billion, close to analysts’ estimates. Its non-GAAP profit of $2.85 per share was 1.2% above analysts’ consensus estimates.
Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company’s financial results for its second quarter of fiscal 2025 through an earnings release that is available on the Qualcomm Investor Relations website at https://investor.qualcomm.com/financial-information. The earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at http://www.sec.gov.
Wall Street traded lower on the final session of the month, heading for its third consecutive monthly loss as economic data began reflecting the impact of Trump tariffs.
Qualcomm Inc (QCOM) to report Q2 earnings. Stock down 11.44% over past year, but outperforming chip sector. Wall Street focused on Trump tariffs and potential loss of Apple's modem chip business.
U.S. stock futures are down Wednesday morning, despite major averages ending up on Tuesday, and the S&P 500 and Dow Jones notching their sixth-straight day in the green, the longest streak for the indexes in months.
Notwithstanding the resurgence seen since last week, the market is likely to end April with a monthly loss, with the S&P 500 down 0.90% with a session to go.
