QCOM Stock Recent News

Qualcomm (QCOM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Several Wall Street analysts reiterated Qualcomm Inc QCOM after the company's 2024 investor day.

Qualcomm CEO Cristiano Amon says the company's push into new markets is going as planned. Speaking on "Bloomberg Technology," Amon also says he's confident the company will meet its targets and sees PC chip sales exceeding expectations.

Qualcomm CEO Cristiano Amon says the company's push into new markets is going as planned. Speaking on "Bloomberg Technology," Amon also says he's confident the company will meet its targets and sees PC chip sales exceeding expectations.

Qualcomm seems to be preparing for a world without Apple business, but one analyst thinks the company's PC targets look aggressive.

Arm Holdings shares are down 2.69% since the last time I wrote on them, likely due to increasing competition and risks from the Qualcomm lawsuit, making them too expensive. The Qualcomm lawsuit is critical as it could lead to Qualcomm moving to open-source chip designs, impacting Arm's revenue. ARM's valuation is high, with a forward P/E ratio 238.57% above the sector median, making shares overpriced.

Comcast (CMCSA) announced spin-offs for most of the company's networks. Delta Airlines (DAL) says the airline industry is healthy and backed its guidance during the company's investor day.

Qualcomm is aiming for an additional $22 billion in annual revenue from providing chips for PCs, vehicles and the Internet of Things,

Masayoshi Son recently suggested that investors are not pricing in Nvidia's future opportunities in the AI market.

Cristiano Amon, Qualcomm CEO, joins 'Closing Bell Overtime' to talk its investors day, growth targets, and more.