Tag Archives: QCOM

HP Enterprise, Qualcomm Shamble into Wednesday’s 52-Week Low Club

September 6, 2017: Here are four stocks trading with heavy volume among 74 equities making new 52-week lows in Wednesday’s session. On the NYSE, advancers led decliners by nearly 3 to 2 and on the Nasdaq advancers led decliners by about 4 to 3.

Hewlett Packard Enterprise Co. (NYSE: HPE) posted a new 52-week low of $13.60 on Wednesday, down about 3.1% from Tuesday’s closing....More>>>

The Race Is On For The AI Chip

Artificial Intelligence (‘AI’) is finally taking off, helped by big data cloud computing, and breakthroughs in neural networks (computer code that emulates large networks of very simple interconnected units, a bit like neurons in the brain) and deep learning (how we sharpen AI by structuring neural networks in multiple processing layers.)

It has been greatly boosted by....More>>>

BlackBerry: Have Shares Now Peaked?

On Tuesday, shares of BlackBerry (NASDAQ:BBRY) rallied to a new high after a pie in the sky analyst note. The analyst believes shares could soar in the coming years, but this analyst has had a very poor track record on this stock in the past. I also question part of the analyst’s note, and with the recent rally in BlackBerry shares reaching stretched technical levels, a pullback may....More>>>

3 Stocks to Watch on Wednesday: BlackBerry Ltd (BBRY), Etsy Inc (ETSY) and SPDR S&P 500 ETF Tru

Tuesday looked like it was going to be an exciting follow-up to Monday’s robust up-day, but early gains quickly deteriorated into losses, including a 0.07% dip for the S&P 500. And those losses look ready to accelerate as we head into Wednesday’s early action thanks primarily because of more tumult from the White House.

While the morning ramps up with news out of....More>>>

Dow Loses Support for First Time Since Election Day

U.S. equities finished lower in relatively quiet trading on Wednesday. Big picture: Stocks continue in their listless, ultra-tight, two-month consolidation range. But on a purely technical basis, something major did occur: The Dow Jones Industrial Average closed below its 50-day moving average, a key technical support level for the first time since November.

The catalyst for....More>>>

Qualcomm Countersues Apple as Global Legal Battle Escalates”

Qualcomm (NASDAQ:QCOM) isn’t going to sit quietly while Apple (NASDAQ:AAPL) lodges legal complaints against the company all around the world, including the U.S., China, the U.K., and Japan at last count. The mobile chip giant has now countersued the Mac maker in response to the lawsuit that Apple filed in January. This comes about a week after Qualcomm requested a federal judge to....More>>>

Why Nvidia Corporation (NVDA) Is a Big, Fat Question Mark Right Now

After some bumpy trading based on valuation concerns, shares of Nvidia Corporation (NASDAQ:NVDA) have rebounded, gaining 12% from lows earlier this month. Two-thirds of the gains in NVDA stock have come since the surprising acquisition of Mobileye NV (NYSE:MBLY) by Intel Corporation (NASDAQ:INTC). That deal was of tremendous importance to Nvidia, given its competition with Mobileye....More>>>

Why Nvidia Corporation (NVDA) Is a Big, Fat Question Mark Right Now

After some bumpy trading based on valuation concerns, shares of Nvidia Corporation (NASDAQ:NVDA) have rebounded, gaining 12% from lows earlier this month. Two-thirds of the gains in NVDA stock have come since the surprising acquisition of Mobileye NV (NYSE:MBLY) by Intel Corporation (NASDAQ:INTC). That deal was of tremendous importance to Nvidia, given its competition with Mobileye....More>>>

Why Nvidia Corporation (NVDA) Is a Big, Fat Question Mark Right Now

After some bumpy trading based on valuation concerns, shares of Nvidia Corporation (NASDAQ:NVDA) have rebounded, gaining 12% from lows earlier this month. Two-thirds of the gains in NVDA stock have come since the surprising acquisition of Mobileye NV (NYSE:MBLY) by Intel Corporation (NASDAQ:INTC). That deal was of tremendous importance to Nvidia, given its competition with Mobileye....More>>>

Cavium Inc.'s Thunder X2 Aims for Microsoft Corporation's Cloud”

Data center chipmaker Cavium (NASDAQ:CAVM) announced on March 8 that it is “collaborating with Microsoft (NASDAQ:MSFT) on evaluating and enabling a variety of cloud workloads running on [its] flagship Thunder X2 ARMv8-A Data Center processor for the Microsoft Azure cloud platform.”

The announcement goes on to say that Cavium and Microsoft are “demonstrating web....More>>>