The Latest Breaking News from QCOM

Exxon Mobil leads blue chips near buy points as market rally gains momentum.

The stock market turned lower in afternoon trading Friday as Wall Street weighed more earnings reports and a hot job growth in January.

Futures fell after the stock market sold off Wednesday on Fed chief Jerome Powell hinting at slower rate hikes but also a higher peak rate.

Wireless-chip giant Qualcomm matched earnings estimates in its fiscal fourth quarter on slightly higher-than-expected sales.

Despite the current blip in demand, the semiconductor industry is poised to benefit from the megatrend of digitization and rising disposable income. Furthermore, growing corporate investments and government support should drive the industry’s growth. Thus, fundamentally sound semiconductor stocks Taiwan Semiconductor Manufacturing (TSM), Qualcomm (QCOM), and STMicroelectronics (STM) could be…

Someone with a lot of money to spend has taken a bearish stance on Qualcomm (NASDAQ:QCOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The semiconductor industry is currently witnessing a slowdown in demand due to rising inflation and the Fed’s monetary policy tightening, leading to several chip stocks slumping in price. However, lucrative government investments and a growing chip market should drive the industry’s long-term growth. So, we think investors could consider buying…

Although the semiconductor industry is experiencing obvious macro challenges, lucrative federal investments and robust demand are expected to keep the sector buoyed. Given the favorable long-term prospects of the industry, we think quality chip stocks QUALCOMM (QCOM) and Photronics (PLAB) could be ideal buy-and-hold options. Read on….

Someone with a lot of money to spend has taken a bearish stance on Qualcomm (NASDAQ:QCOM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.