Apple Inc. is planning a 4-for-1 stock split and has major implications for the Dow Jones Industrial Average, of which it is a key component. The iPhone maker announced Thursday that its board approved the stock split. The division will affect registered owners beginning August 24 and Apple AAPL shares, …
Read More »Qualcomm shares top $ 100 as Huawei deal clears last barrier to 5G license
Qualcomm Inc.’s share price surpassed its previous high of $ 100 set two decades ago on Thursday after the chipmaker revealed that it resolved a license dispute with the world’s largest smartphone maker, clearing the way for as the new 5G standard is implemented. Qualcomm QCOM, + 15.46% The shares …
Read More »Qualcomm shares rise to record levels after Huawei deal raises earnings forecast
Shares of Qualcomm Inc. soared to record levels in the extended session on Wednesday after the chip company projected a huge jump in profit and revenue in the current quarter thanks to a deal with Chinese tech giant Huawei Technologies Co. Qualcomm QCOM, + 1.72% Shares rose as much as …
Read More »Apple reports earnings tomorrow. This is what to expect.
Text size Street’s consensus is $ 52.1 billion in revenue and profit of $ 2.09 per share. Justin Sullivan / Getty Images This could be the quarter that Apple‘s earnings don’t really matter. Well, okay, they matter. But the truth is that Apple investors (ticker: AAPL) are uniquely focused on …
Read More »AMD Shares Rise to Record Level After Prospects Contrast with Intel’s ‘Faceplant’
Shares of Advanced Micro Devices Inc. rose to new records on Wednesday after the chip company’s strong position and second-quarter forecast signaled a radical change in the semiconductor market following delays announced by Intel Corp. of Next generation chips last week. AMD AMD, + 12.55% The shares rose to a …
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