Qualcomm (QCOM) Stock Trades Up, Here Is Why [Yahoo! Finance]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
Next quarter's revenue guidance came in higher than Wall Street's estimates. On the other hand, its inventory levels increased. Overall, this quarter's results seemed fairly positive and shareholders should feel optimistic. Is now the time to buy Qualcomm? Access our full analysis report here, it's free What is the market telling us: Qualcomm's shares are quite volatile and over the last year have had 6 moves greater than 5%. But moves this big are very rare even for Qualcomm and that is indicating to us that this news had a significant impact on the market's perception of the business. The biggest move we wrote about over the last year was 8 months ago, when the stock gained 9.3% on the news that the company announced an agreement with Apple to provide Snapdragon® 5G Modem-RF Systems for smartphone releases in 2024, 2025, and 2026. Qualcomm is the leading supplier of 5G modems, and this deal with Apple further cements its position in the market. Analysts have been concerned t
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- 2/21/24 - Beat
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