Steve Mollenkopf, Qualcomm CEO, tells CNBC's Jon Fortt the company will continue to be a strong player in mobile and sees new opportunity in the server space. Mollenkopf also addresses issues in China.» Read More
FMHR traders Jon Najarian and Mike Murphy, debate the play on Qualcomm after the company missed on earnings.
Genworth, Qualcomm both slump following results. *Whole Foods rallies in bright spot for market. NEW YORK, Nov 6- U.S. stocks rose slightly in a volatile session on Thursday, with investors cheered that Europe would step in with more stimulus if needed, though continued weakness in energy shares and some lackluster results kept a lid on gains.
The "Squawk Alley" crew looks back on one of Qualcomm's first products: Omnitracs, launched in 1988.
Qualcomm says the FTC is looking into its business practices, and the company reported an earnings miss and weak outlook. CNBC's Jon Fortt and Re/code's Kara Swisher, provide perspective.
Qualcomm posted an earnings miss as the chipmaker's results were negatively impacted by challenges it faces in China.
*Genworth, Qualcomm both slump following results. *Whole Foods rallies in bright spot for market. Occidental Petroleum lost 1 percent to $85.60 on Thursday while Halliburton Co was off 1.6 percent to $51.51.
*Genworth plummets following results, conference call. NEW YORK, Nov 6- U.S. stocks were little changed near record levels on Thursday as Europe indicated support for additional measures to support the economy, if necessary, though some weak corporate results limited the market's advance. Genworth Financial plummeted 36 percent to $8.97 in heavy trading, its...
NEW YORK, Nov 6- U.S. stocks opened little changed on Thursday as weak earnings, including from Qualcomm and Genworth Financial, were offset by market-friendly comments by European Central Bank President Mario Draghi.
Wall Street looked set to open lower on Thursday, as caution over the ECB's forthcoming announcement overshadowed record gains on Wednesday.
*Whole Foods rallies in premarket after results. NEW YORK, Nov 6- U.S. stock index futures pointed to a slightly higher open on Thursday, indicating that equity markets would extend a rally that has taken them to repeated records on hopes for additional stimulus from Europe. Futures were flat for much of the premarket session but turned higher following comments...
Some of the names on the move ahead of the open.
NEW YORK, Nov 6- Whole Foods and Qualcomm Inc were among the biggest movers of Thursday's premarket session, with both seeing brisk trading in the wake of their quarterly results. Upscale grocer Whole Foods late Wednesday posted earnings that beat expectations, boosted by gains in its market share and new product launches. Qualcomm Inc slumped 6.1 percent to...
Tesla's earnings beat—when Wall Street analysts expected a loss—didn't make a buyer out of RiskReversal's Dan Nathan.
SAN FRANCISCO, Nov 5- Qualcomm Inc warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe. China's expanding high-speed 4 G network is driving demand for smartphones with leading-edge technology,...
SAN FRANCISCO, Nov 5- Qualcomm Inc gave a disappointing forecast for 2015 revenue on Wednesday after quarterly earnings missed expectations, as the wireless chipmaker continues to struggle with royalty collection and an antitrust investigation in China. China's expanding high-speed 4 G network is driving demand for smartphones with leading-edge...
Companies making headlines after the bell Wednesday: Qualcomm, Tesla, Zillow & more
SAN FRANCISCO, Nov 5- Qualcomm Inc gave a disappointing forecast for 2015 revenue after quarterly earnings missed expectations, as the wireless chipmaker continues to struggle in China with royalty collection and an antitrust investigation. Wall Street is worried: Qualcomm could face a fine of more than $1 billion in China and could be forced to make...
Qualcomm is reporting EPS miss of $1.26 adjusted on revenue miss of $6.69 billion, with CNBC's Josh Lipton.
The company reported earnings of $1.26 a share on revenue of $6.69 billion.
Markets are psyched for a Republican victory in Congress that gives the GOP control of the Senate in addition to the House.