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0.000169101084161236 0.00145490744108583 -0.000149957565199626 -0.00150595682498357 -0.00198454479902498 -0.00182501547434455 0.00368034152037826 0.0071086267077614
Stock impact report

US STOCKS-Dealmaking in chip sector lifts Nasdaq to record level [Reuters]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: Reuters
Dealmaking in chip sector lifts Nasdaq to record level | Reuters 3 Min Read (Reuters) - The Nasdaq rose to hit a new intraday high on Monday, buoyed by the news of a potential $103-billion megadeal in the chip sector, while gains on the S&P and the Dow were capped by losses in the telecom sector. Shares of Qualcomm ( QCOM.O ) rose 3.1 percent and were the biggest boost to the tech-heavy index after Broadcom ( AVGO.O ) offered to buy the smartphone chip supplier in what could be the biggest merger in the tech sector. Broadcom was off 0.3 percent. “The fact that the deal is on the table is huge,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “We have not seen much in the way of dealmaking this year. So this might jumpstart some of the dealmaking ahead of the tax policy changes.” Shares of Sprint ( S.N ) fell as much as 14.2 percent to a more-than-a-year low after the wireless provider and T-Mobile ( TMUS.O ) called off their planned merger. The tel Show less Read more
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