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Qualcomm Down 4.42%13h ago
Why is it down?
Qualcomm shares retreated following its fiscal third-quarter earnings release. Although revenue of $9.9 billion beat expectations, adjusted EPS of $2.21 fell slightly short of consensus. Investor sentiment was further dampened by a challenging memory cost environment, margin pressure, and a weaker-than-expected fourth-quarter earnings guidance alongside a downward revision in Apple-related revenue outlooks.
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This briefing reflects the point in time when it was written and may differ from current prices. It is informational content, not investment advice.