[ad_1] Like most technology companies, Qualcomm, Inc. (NASDAQ: QCOM) benefited from the COVID-driven digital transformation and high demand for smartphones until recently. The chipmaker’s mixed first-quarter report has raised speculation about its performance this year, given the fading pandemic boom and economic uncertainties. The Stock Qualcomm’s stock had a positive start to 2023 and gained … Read more
[ad_1] Alphabet, Inc. (NASDAQ: GOOGL, GOOG), the company that owns internet search behemoth Google, last week reported weaker-than-expected quarterly results for the fourth time in a row amid continuing economic uncertainties and a general reduction in ad spending. Alphabet’s stock remained flat soon after the earnings announcement but declined later, in a sign that the … Read more
[ad_1] © Reuters. Germany stocks mixed at close of trade; DAX down 0.21% Investing.com – Germany stocks were mixed after the close on Friday, as gains in the , and sectors led shares higher while losses in the , and sectors led shares lower. At the close in Frankfurt, the fell 0.21%, while the index … Read more
[ad_1] AutumnSkyPhotography Qualcomm (NASDAQ:QCOM) shares slipped around 2.5% in early trading on Friday as the semiconductor company reported mixed fiscal first-quarter results and in-line guidance, prompting Wall Street analysts to say that there is an uneven road ahead. Susquehanna analyst Christopher Rolland, who has a neutral rating on Qualcomm (QCOM), noted that the company’s “little … Read more
[ad_1] Amazon stock (NYSE: AMZN) is trading lower in premarkets after it reported its earnings for the fourth quarter of 2022. While the company’s performance in the quarter was mixed, it spooked markets with its guidance. Amazon and other tech stocks soared yesterday after Meta Platforms’ earnings release. However, Amazon, Apple, and Alphabet disappointed markets … Read more
[ad_1] Japan +0.39%. Japan final January services PMI 52.3, a 3 month high (prior 51.1). China -0.53%. China Caixin Services PMI for January 52.9 (vs. 51.6 expected). Travel between mainland China and Hong Kong as well as Macao will fully resume on Feb. 6, China’s Hong Kong and Macao Affairs Office of the State Council … Read more
[ad_1] 400tmax/iStock Unreleased via Getty Images Amazon.com Inc. (NASDAQ:AMZN) stock wavered in Thursday’s extended trading as the market digested a mixed Q4 earnings report. Headlining the quarterly results was a big revenue beat, with $149.2B in revenue exceeding analyst estimates by $3.43B. However, AWS sales came in slightly slower than already tempered estimates, hitting $21.38B … Read more
