On CNBC's “Halftime Report Final Trades,” Jim Lebenthal, partner at Cerity Partners, said Qualcomm Incorporated (NASDAQ:QCOM) has had a little bit of a lackluster year, but seems to be making a “run for the roses right now.”
Qualcomm and Google Cloud announced on Sept. 8 that they have expanded their relationship to help automakers deliver enhanced in-car experiences through agentic AI.
Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, named Vertiv Holdings Co (NYSE:VRT) as his final trade.
Vertiv, on Aug. 26, announced it has acquired Waylay NV, a Belgium-based leader in hyperautomation and generative AI software platforms.
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SoFi’s Liz Young Thomas picked iShares China Large-Cap ETF (NYSE:FXI), saying she still expects stimulus coming over in China.
Joe Terranova, senior managing director for Virtus Investment Partners, said Northern Trust Corporation (NASDAQ:NTRS) is expected to break out to the upside.
On Sept. 16, Northern Trust announced that Jessica Donohue has joined as head of Product Management for Asset Servicing.
Price Action:
- Qualcomm shares rose 0.7% to close at $165.26 on Wednesday.
- Vertiv Holdings gained 0.1% to close at $136.83 on Wednesday.
- Northern Trust shares gained 0.2% to close at $129.46 during the session.
- iShares China Large-Cap ETF gained 1.4% on Wednesday.
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