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Why Qualcomm Stock Is Soaring on Thursday [Globe and Mail, The (Toronto, Canada)]
Last qualcomm incorporated earnings: 4/29 04:01 pm
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US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
While down year over year, sales and earnings both topped analysts' expectations. The big driver of today's gain, however, is the company's impending entry into the data center processor market. Already recovering from a steep sell-off suffered during the first calendar quarter of the year, an encouraging quarterly update sent Qualcomm (NASDAQ: QCOM) shares soaring today. Indeed, with Thursday's 15.1% gain, as of 2:03 p.m. ET Thursday, this stock is now up 45% from its early April low. While the news and numbers behind the rally are bullish, don't be surprised if profit-taking cools this rally off for a short while, allowing the buyers as well as the sellers to regroup. It remains to be seen whether or not this will be a buying opportunity. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » More important th
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NEWS
- Wall Street Lunch: Hot PCE, Soft Growth, Red-Hot Jobs Signal Conflicting Trends [Seeking Alpha][Seeking Alpha]
- Why Qualcomm Stock Is Soaring on Thursday [Yahoo! Finance][Yahoo! Finance]
- Visa CEO sends blunt message on AI and blockchain [Yahoo! Finance][Yahoo! Finance]
- Qualcomm adds $15B in market value on bold outlook [Yahoo! Finance][Yahoo! Finance]
- Qualcomm CEO Cristiano Amon on expected China smartphone sales ‘bottom' this current quarter [CNBC][CNBC]
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QCOM
SEC Filings
SEC Filings
- 4/30/26 - Form 144
- 4/30/26 - Form SCHEDULE
- 4/29/26 - Form 10-Q
- QCOM's page on the SEC website
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