QCOM STOCK ROCKETS ABOUT 10% ON AI PROSPECTS
By Nigam Arora & Dr. Natasha Arora
QCOM is long from $47.13. It is trading at $180.20 as of this writing, up about 10%. This represents a gain of 282%.
Earnings
QCOM reported earnings better than the consensus and whisper numbers.
It is important to remember that stocks move based on the difference between reported numbers and whisper numbers.
Whisper numbers are the numbers that analysts privately share with their best clients. Whisper numbers are often different from the numbers that the same analysts publish.
Technology
QCOM owns patents on technology that powers today’s smartphones. QCOM also supplies chips. QCOM is also expanding in the business of automotive semiconductors.… Please click here or the title below to read more.
May 3, 2024