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Stockreport

Why Qualcomm (QCOM) Stock Is Down Today [Yahoo! Finance]

Intel Corporation (INTC)  More Company Research Source: Yahoo! Finance
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
smartphone market by the end of the decade during its IoT and Automotive Diversification Investor Day event. However, the stock's reaction suggests markets are struggling to digest the short-term hit to revenues as Qualcomm shifts its focus from producing chips for the smartphone market—including big players like Apple. Qualcomm added that Apple could stop buying its chips as early as 2027. Some Wall Street analysts have weighed in on the update. Susquehanna analyst Christopher Rolland added, "We continue to have confidence in CEO Amon's ability to move Qualcomm beyond a modem and cellular IP company to become a true broad-based semis player… That said, if there was one knock, we think the loss of Apple will weigh until 2027." Additionally, there could be concern about Qualcomm's ability to meet some of the new milestones it has set for itself. To generate an additional $22 billion in yearly revenues by 2029, Qualcomm is expanding its target markets to include segments such as per [Read more]
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Stockreport

Why Qualcomm (QCOM) Stock Is Down Today [Yahoo! Finance]

Intel Corporation  (INTC) 
More Company Research Source: Yahoo! Finance
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
smartphone market by the end of the decade during its IoT and Automotive Diversification Investor Day event. However, the stock's reaction suggests markets are struggling to digest the short-term hit to revenues as Qualcomm shifts its focus from producing chips for the smartphone market—including big players like Apple. Qualcomm added that Apple could stop buying its chips as early as 2027. Some Wall Street analysts have weighed in on the update. Susquehanna analyst Christopher Rolland added, "We continue to have confidence in CEO Amon's ability to move Qualcomm beyond a modem and cellular IP company to become a true broad-based semis player… That said, if there was one knock, we think the loss of Apple will weigh until 2027." Additionally, there could be concern about Qualcomm's ability to meet some of the new milestones it has set for itself. To generate an additional $22 billion in yearly revenues by 2029, Qualcomm is expanding its target markets to include segments such as per [Read more]
IMPACT SNAPSHOT
EVENT TIME:
INTC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS