Steve Mollenkopf, CEO of Qualcomm, at the Mobile World Congress in Barcelona on February 23, 2016. Brad Quick | CNBC Qualcomm stocks rose more than 4% on Tuesday after a U.S. Court of Appeals reversed the Federal Trade Commission’s 2019 anti-victory against the world’s largest smartphone modem chipmaker. The ruling …
Read More »Cisco revenue to show how coronavirus affects small and large businesses differently
Cisco Systems Inc. will expect to benefit from technical expenditures of large companies despite the COVID-19 pandemic, but the struggle of smaller companies could take its toll. Cisco CSCO, -1.13% is scheduled to report fourth-quarter fiscal revenue on Wednesday afternoon, always a crucial barometer for IT spending, which turned out …
Read More »Inovio shares tumble as analysts say COVID-19 vaccine update leaves more questions than answers
Inovio Pharmaceuticals Inc. shares tumbled 22% Tuesday, a day after the company reported a broader-than-expected second-quarter loss and offered a limited update on its COVID-19 vaccine candidate that is currently in clinical trials. The stock INO, -22.88% is still up 343% year-on-year after winning early in the coronavirus pandemic in …
Read More »NIO Beat expectations about profit. Here’s why his forehead falls.
Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
Read More »Inovio shares tumble as analysts say COVID-19 vaccine update leaves more questions than answers
Inovio Pharmaceuticals Inc. shares tumbled 22% Tuesday, a day after the company reported a broader-than-expected second-quarter loss and offered a limited update on its COVID-19 vaccine candidate that is currently in clinical trials. The front INO is still up 343% year-on-year after winning early in the coronavirus pandemic in hopes …
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