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Qualcomm pivots to data center and automotive amid handset contraction.

Aug 6 (Reuters) - S&P 500 and Dow futures were steady on Thursday after this week's record-breaking rally as investors awaited details on a Middle East peace deal, while Nasdaq futures slipped as

The S&P 500 Index ($SPX ) (SPY ) today is up +0.31%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.03%. September E-mini S&P futures (ESU26 ) are up +0.33%, and September E-mini Nasdaq futures...

Anyone who has shopped for a new phone, laptop, or VR headset this summer probably noticed something odd. The usual discount that comes with an aging model never showed up. Prices held steady, and in some cases climbed. Apple just did it, and the trend is spreading everywhere. That is backward. A ...

Apple (AAPL) stock is stumbling in Thursday's after-hours since reporting fiscal third quarter earnings and revenue that topped estimates, carried by strong iPhone sales. New Street Research technology Infrastructure analyst Antoine Chkaiban explains the problem areas that could emerge down the line for Apple tied to the memory chip shortage.

Qualcomm expands AI, automotive and data center plans while targeting $40 billion in non-handset revenues by fiscal 2029.

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Futures pointed higher Thursday as investors also weighed the Fed's decision to hold rates and rising Treasury yields

Investors are weighing up a batch of Big Tech earnings reports, which could help power a market rebound.

Qualcomm shares fell about 5% in premarket trading on Thursday after the chipmaker's warning about higher memory costs ‌and a steeper decline in Apple revenue raised concerns about near-term ‌profit growth. A surge in AI infrastructure spending has tightened semiconductor supply chains, driving up costs ​for memory, wafers, packaging and testing. Qualcomm plans to pass on those increases to customers through double-digit price hikes.

Qualcomm Inc (QCOM) navigates memory-driven handset weakness with record automotive growth and a new data center revenue stream, while raising its automotive outlook to $7 billion.

The Federal Reserve held benchmark interest rates steady for a fifth consecutive session.

Qualcomm (NASDAQ:QCOM) reported fiscal third-quarter revenue of $9.9 billion and non-GAAP earnings per share of $2.21, with revenue reaching the high end of the company’s guidance range. The company said record automotive sales and growth in Internet of Things products helped offset pressure in its

Jay Goldberg, Seaport Research Partners senior analyst, semiconductors and electronics, reacts to Qualcomm's weak profit forecast for the current quarter and Arm Holdings Plc's sales outlook that also failed to impress investors. He speaks on "Bloomberg The Close."

The semiconductor company gave a soft outlook for the current quarter and warned of price increases.

(Bloomberg) -- Qualcomm Inc., the largest maker of smartphone processors, gave a weak profit forecast for the current quarter, signaling that component shortages and rising costs are taking a toll on its main market. Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainApple Set to Make Big Smart Home Push With Siri AI at CenterSK Hynix Profit Dis

Arm Holdings forecast second-quarter revenue above Wall Street estimates on Wednesday, signaling strong demand for ‌its energy-efficient chip designs for AI data centers. Demand for Arm's chip architecture has ‌surged as companies like Alphabet and Amazon.com build custom AI chips, boosting the company's licensing revenue and ​royalties as more complex chips are shipped to data centers. Revenue from royalties, which Arm collects on each chip shipped using its technology, rose 22% to $715 million in the first quarter, while licensing revenue grew 23% to $574 million.

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Qualcomm Stock Faces Make-or-Break Earnings as Options Signal 9% Swing

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Qualcomm announced its Q3 earnings after the bell on Thursday.

Qualcomm announced its Q3 earnings after the bell on Thursday.

Qualcomm will report its third quarter earnings after the bell on Wednesday.

Wall Street expects Qualcomm to report $9.6 billion in revenue and earnings per share of $2.22 for the fiscal third quarter.

The main US stock measures were mostly trending higher in Wednesday's premarket activity as traders

Today Federal Reserve meeting: Fed Chairman Kevin Warsh will hold a press conference at 2:30 p.m. ET, following the FOMC interest-rate decision at 2 p.m. Earnings (a.m): Procter & Gamble, Humana, L3Harris, Biogen, General Dynamics, Teva Pharmaceuticals, Airbus Earnings (p.

Qualcomm stock in focus ahead of Q2 earnings on July 29. Barchart data recommends caution in playing QCOM shares heading into the quarterly print.

The 41-year-old company has given back the stock gain it made in the first half of the year and is sitting 35% below its peak. And it's heading into an earnings report that needs to answer some hard questions. Qualcomm (QCOM) closed July 27 at $170.04, up 1.84% on the session but a long way from ...

Wireless chipmaker Qualcomm (NASDAQ:QCOM) will be reporting earnings this Wednesday after the bell. Here’s what to expect.

Qualcomm Earnings Loom as Wall Street Braces for AI Reality Check