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Stockreport

Oracle Leads Premarket Slide In AI Stocks After Earnings Miss [Forbes]

QUALCOMM Incorporated (QCOM)  More Company Research Source: Forbes
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
In premarket trading early on Thursday, Oracle's stock slumped to $197.33, down more than 11.5% from Wednesday's market close. Shares of Nvidia, the top AI chipmaker, dropped around 1.6% to $180.80 in early trading, while rival AMD's shares fell 1.73% to $217.60. Chipmakers Broadcom, Qualcomm, and Intel, were also affected by the selloff, with their shares falling 1.74%, 1.09%, and 1.47%, respectively. Other key AI stocks, Microsoft, Meta, Google and Amazon, dropped 0.70%, 1.16%, 0.6% and 0.8% respectively. The tech-heavy Nasdaq futures index dropped to 25,599.25 points, down 0.78% early on Thursday morning, while the benchmark S&P futures index fell 0.56% to 6,852.75 points. The market slump comes despite the Federal Reserve's decision to lower interest rates by a quarter-point to between 3.5% and 3.75%, down from 3.75% and 4%. The central bank forecasts suggest there could be another quarter-point interest rate cut in 2026, followed by one more in 2027. Bloomberg also rep [Read more]
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Stockreport

Oracle Leads Premarket Slide In AI Stocks After Earnings Miss [Forbes]

QUALCOMM Incorporated  (QCOM) 
More Company Research Source: Forbes
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
In premarket trading early on Thursday, Oracle's stock slumped to $197.33, down more than 11.5% from Wednesday's market close. Shares of Nvidia, the top AI chipmaker, dropped around 1.6% to $180.80 in early trading, while rival AMD's shares fell 1.73% to $217.60. Chipmakers Broadcom, Qualcomm, and Intel, were also affected by the selloff, with their shares falling 1.74%, 1.09%, and 1.47%, respectively. Other key AI stocks, Microsoft, Meta, Google and Amazon, dropped 0.70%, 1.16%, 0.6% and 0.8% respectively. The tech-heavy Nasdaq futures index dropped to 25,599.25 points, down 0.78% early on Thursday morning, while the benchmark S&P futures index fell 0.56% to 6,852.75 points. The market slump comes despite the Federal Reserve's decision to lower interest rates by a quarter-point to between 3.5% and 3.75%, down from 3.75% and 4%. The central bank forecasts suggest there could be another quarter-point interest rate cut in 2026, followed by one more in 2027. Bloomberg also rep [Read more]
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QCOM
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%
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%
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TICKS
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PERFORMANCE SINCE EVENT
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