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Two stocks hitting fresh 52-week highs today that may be catching investors' attention are T-Mobile (TMUS) and Qualcomm (QCOM).
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Qualcomm reported strong Q2 earnings, surpassing analyst expectations with adjusted per-share earnings of $2.44 and adjusted revenues of $9.39 billion. The company's handset sales and automotive segment showed strong growth rates, while IoT revenues shrank by 11%. The stock's surging bullish momentum could continue, based on technical indicators and positive quarterly earnings and investors should consider buying on short-term declines.
It's understandable why most of investor attention in the chips space right now goes to Nvidia (NASDAQ: NVDA ). The company continues to blow out earnings expectations and is the king of this space — no doubt.
Qualcomm has been getting great positive results from the automotive market, but now laptops could be a brand-new area to generate sales. Profit margins have remained positive throughout the bear market.
Qualcomm (NASDAQ: QCOM ) stock recently announced a groundbreaking partnership with Microsoft to power the next generation of AI-powered personal computers. This strategic alliance marks a significant milestone for both companies.
Metaverse stocks to buy have emerged as compelling investment opportunities. Despite the controversy surrounding them, these companies are at the forefront of redefining how we interact with the internet and shaping the future of online experiences.
Qualcomm (QCOM) is set to power Microsoft's (MSFT) next generation of Windows PCs with its artificial intelligence chips. Qualcomm COO and CFO Akash Palkhiwala joins Market Domination Overtime to break down the company's latest AI moves.
It was clear last fall that Qualcomm (NASDAQ: QCOM ), the longtime leader in phone modems, needed a new growth story. Qualcomm stock had a terrible 2023.
Qualcomm (QCOM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.