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via cnbc.comBusiness & Companies

Qualcomm slides 9% after earnings, leading post-election chip sell-off

FROM THE WIRE · CNBC.COM

Qualcomm slightly beat Q4 earnings estimates, but issued light guidance. Chip stocks were lower across the board amid post-election fears of a data center slowdown.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe Qualcomm and chip decline reflects fears of a data center slowdown and weak guidance.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Qualcomm slightly beat Q4 earnings estimates.
  2. 02It issued light guidance.
  3. 03Chip stocks fell across the board on fears of a data center slowdown.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
QUALCOMM IncorporatedQCOMStock152.65 USD-2.95%today -11.86%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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