EARNINGS ALERT: QCOM, ARM

Qualcomm (QCOM) shares surge after better-than-expected 4Q numbers. The company announced a new $15B share buyback plan, along with guidance above street estimates. Meanwhile, Arm Holdings (ARM) slipped lower after a more modest beat in its 2Q report. Caroline Woods, Scott Durfey and Oliver Renick provide instant reaction to the latest semiconductor earnings.

Market On Close

06 Nov 2024

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