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
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
REalloys is establishing a comprehensive, non-Chinese rare earth supply chain in North America by integrating feedstock sourcing, proprietary metallization technology, and permanent magnet manufacturing
The chipmaker topped revenue estimates, but cautious guidance, supply constraints, and Apple headwinds weighed on investor sentiment.
(Bloomberg) -- A bipartisan group of US senators urged Apple Inc. to abandon any efforts to buy chips from blacklisted Chinese semiconductor suppliers CXMT Corp. and Yangtze Memory Technologies Co., warning that the iPhone maker risked becoming reliant on a US adversary for crucial components.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates Ag

Asking for a Trend Host Josh Lipton previews the biggest market catalysts for Thursday, July 30, including highly anticipated earnings from Apple (AAPL) and Amazon (AMZN) as well as the expected IPO debuts of Jersey Mike's and Reformation.
Klarna Group (NYSE:KLAR) has been selected as the leasing provider for Apple Upgrade, Apple's new hardware leasing program in the United States. The program supports financing for Apple hardware across in-store and online checkout channels. Klarna Group now sits inside a high-profile consumer hardware program with Apple Upgrade in the US. The stock closed at $18.71 and is down 1.7% over the past week, 7.8% over the past month, and 34.5% year to date. Those moves frame the Apple partnership...
(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
Fed Chair Kevin Warsh reassured markets about a resilient economy, but geopolitical uncertainty remains the major factor for most interested parties right now.

Yahoo Finance Markets and Data Editor Jared Blikre tracks options trading activity around Apple (AAPL) shares, specifically explaining how a covered call works. Apple will be reporting its fiscal third quarter earnings results after the closing bell on Thursday, July 30.
Qualcomm forecast fourth-quarter profit below Wall Street estimates on Wednesday, and said revenue from Apple products would decline faster than expected as supply constraints and rising costs weighed on its business. In an interview with Reuters, CEO Cristiano Amon said costs had risen not just for memory chips, but across the supply chain. Qualcomm plans to raise prices starting September 1 in an effort to return its margins to historical levels, he said.
Apple stock has had a strong five year run, yet Simply Wall St's valuation checks flag it as leaning expensive, with the Discounted Cash Flow (DCF) estimate indicating the shares trade at a premium to intrinsic value while market based multiples look closer to fair. Apple has returned 136.8% over the past five years, which sets a high bar for any further gains to be justified by future cash flows. Expectations around Apple Intelligence and wider AI deployment can support confidence in long...
UBS highlighted Berkshire's equity portfolio and possible buybacks after the shares substantially underperformed the S&P 500.
Amazon, Apple set to follow tomorrow with their own quarterly numbers; Nvidia’s due next month
Wall Street expects Apple's strongest June-quarter revenue growth since 2021 after the company held iPhone prices steady.
Nvidia holds a slight edge in this battle of tech titans, but both represent premier AI opportunities.
The stock's price has risen nearly 50% this year.

Bernstein managing director & senior analyst Stacy Rasgon and Lopez Research founder Maribel Lopez comment on Qualcomm's (QCOM) position in the AI data center landscape.
AAPL's fiscal Q3 sales may gain from strong iPhone 17 demand, while Mac growth offsets tougher iPad comparisons and supply limits.
LONDON, July 29 (Reuters) - Apple said on Wednesday that proposed UK rules governing its App Store would amount to price regulation, arguing that plans to loosen its control over in-app payments could undermine innovation and investment. In a submission to Britain's Competition and Markets Authority, the iPhone maker said proposed "steering" requirements would go beyond promoting competition and give the regulator a "highly intrusive" role in managing its business.
Robotaxis are projected to maintain a 71.9% CAGR through 2034, but the field is getting more crowded.
Apple is edging closer to ending Wednesday’s trading session with a market value above $5 trillion for the first time in the company’s history.
Apple customers may start upgrading more frequently, and the company providing the financing could be the big winner.
The Tim Cook era was a highly profitable one for Apple shareholders.
It felt a little like the 1990s on Tuesday, as Coca-Cola took center stage in the stock market after the soft-drink leader reported strong second-quarter earnings. It now trades with a higher valuation than Nvidia and other Magnificent Seven stocks. Coke stock rallied 5% to $88.27 on Tuesday after touching a record $90 earlier in the session, and was up 2.4% at $90.38 in early trading Wedneday.
Nvidia is now trading for just 16 times next year's profit target. Things could get even better.
Apple just crossed a threshold no American company has ever reached, and Wall Street is split on whether the stock can keep climbing from here or whether the milestone itself signals a ceiling.
Wall Street faces a twin set of risks on Wednesday, tied to Big Tech earnings and a Federal Reserve interest-rate decision, as stocks undergo a rare change of leadership ahead of the summer market doldrums. “The market’s response to both should provide a clearer indication of whether the current rotation continues or begins to develop into broader weakness,” said Zaheer Anwari, co-founder and CEO of the Luxembourg-based Revacy Fund.
Steady iPhone pricing and restrained AI spending could drive its strongest June-quarter growth in five years.
YouTube, Netflix, Spotify, Apple and others keep investing in the video podcast business. This activity also grows alongside "video shorts" platforms like YouTube Shorts, Reels and TikTok.
JPMorgan's BBUS just priced itself below VTI, but the fee advantage comes with a quiet omission that changes the whole comparison, and whether it costs you or pays you depends on where your money actually sits.