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Qualcomm Q3 Earnings Call Highlights
MarketBeat7d agoneutral
Qualcomm Q3 Earnings Call Highlights

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

Bloomberg7d agobullish
Senators Warn Apple Not to Buy Memory Chips From Chinese Firms

(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

Big Tech earnings meet IPO buzz: What to watch Thursday
Yahoo Finance Video7d agoneutralVIDEO
Big Tech earnings meet IPO buzz: What to watch Thursday

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 (NYSE:KLAR) Lands Apple Upgrade Role In New US Hardware Leasing Program
Simply Wall St.7d agobullish
Klarna (NYSE:KLAR) Lands Apple Upgrade Role In New US Hardware Leasing Program

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...

Bloomberg7d agoneutral
Qualcomm Gives Tepid Profit Forecast in Sign of Phone Woes

(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

Apple options trades: What's a covered call and how does it work?
Yahoo Finance Video7d agoneutralVIDEO
Apple options trades: What's a covered call and how does it work?

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 forecasts weak quarterly profit, expects Apple revenue drop to accelerate
Reuters7d agobearish
Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate

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 (AAPL) Stock Looks Above Fair Value On Cash Flow, Near Fair Value On Earnings
Simply Wall St.7d agoneutral
Apple (AAPL) Stock Looks Above Fair Value On Cash Flow, Near Fair Value On Earnings

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...

Apple says UK App Store proposal amounts to price regulation
Reuters7d agoneutral
Apple says UK App Store proposal amounts to price regulation

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.

Coca-Cola Has Is More Expensive Than Nvidia, Deservedly So
Barrons.com7d agoneutral
Coca-Cola Has Is More Expensive Than Nvidia, Deservedly So

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.

‘Big Wednesday’ Offers a Big Test for the Stock Market
Barrons.com7d agoneutral
‘Big Wednesday’ Offers a Big Test for the Stock Market

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.

MediaPost7d agoneutral
Video Podcast U.S. Ad Spending Estimated At $3B

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.