Qualcomm stock rallies more than 6% as handset sales drive record results, strong outlook

Qualcomm Inc. shares rallied in the extended session Wednesday after the chip maker’s record quarterly results and strong outlook blew past Wall Street estimates and the company assured analysts that demand continues to outstrip supply. Qualcomm QCOM, + 1.20% said it expects adjusted earnings of $ 2.75 to $ 2.95 a share in the third … Read more

The Nasdaq is down more than 10% this year. Here are Wall Street’s top picks to buy the dip

As tech stocks endure a broad sell-off this year, Wall Street analysts name some of their top stocks to buy right now. .

These stocks in Goldman’s ‘quality’ portfolio feature high margins and strong balance sheets

Here are 10 stocks investors can pick to weather the current market volatility, according to Goldman Sachs. .

Qualcomm stock slips following strong earnings and outlook

Qualcomm Inc. shares slipped in the extended session Wednesday as the chip maker’s quarterly results and outlook topped Wall Street estimates, but certain business segments fell short of expectations. In its forecast for the second quarter, Qualcomm QCOM, + 6.25% said it expects adjusted earnings of $ 2.80 to $ 3 a share on revenue … Read more