The legal victory of Qualcomm Inc. in a battle with high stakes with the US government brings up the opportunity for the smartphone chip giant to enjoy a period of relative calm and growth driven by increasing appetite for new 5G handsets. The company stems from what, by most industry …
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Text size Pau Barrena / AFP via Getty Images Shares of Cisco Systems fell Wednesday after hourly trading after the company posted a weaker-than-expected outlook for the company’s current quarter ending in October. For the fiscal fourth quarter ended July 25, the network giant posted revenue of $ 12.2 billion, …
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The rally in shares in Moderna Inc. jumped through news late Tuesday that the U.S. government ordered 100 million doses of its COVID-19 vaccine candidate on Wednesday as analysts waited for what the order meant for prices. Modern MRNA, + 1.94% is widely regarded as a front-runner in the race …
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Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
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Text size Pau Barrena / AFP via Getty Images Shares of mobile device maker Qualcomm jumped into trading on Tuesday after the U.S. Court of Appeals for the Ninth Circuit ruled against the Federal Trade Commission in a major anti-trust case. Qualcomm (ticker: QCOM) stock gained 3.6% to $ 110.24 …
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