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As Apple Weighs on Qualcomm's Earnings, 5G Can't Take Off Soon Enough

Eric Jhonsa

July 25 earnings call, the term "5G" was said 39 times. A look at the mobile chip and patent giant's December quarter sales and earnings guidance drives home why it's eager to talk so much about 5G phone and network rollouts that are expected to start in earnest next year. After the bell on Wednesday, Qualcomm reported September quarter (fiscal fourth quarter) revenue of $5.83 billion (down 2% annually) and non-GAAP EPS of $0.90, topping consensus analyst estimates, respectively, of $5.53 billion and $0.83.

  • Trump just sent the wrong message on a brutal day in the stock markets
    Finance
    Yahoo Finance

    Trump just sent the wrong message on a brutal day in the stock markets

    On a brutal day in the stock markets the last thing investors want to see is another attack on the Federal Reserve by President Donald Trump. Trump reportedly told a group of reporters on Tuesday that he would like to see lower interest rates from the Federal Reserve. The president added that the biggest problem right now isn’t the trade war with China (among other geopolitical issues), but rather the Jerome Powell led Federal Reserve.

  • Finance
    Investopedia

    The Worst is Yet to Come for Stocks: Morgan Stanley

    Investors looking for solace amid the wave of market sell-offs may argue that the S&P 500 has fallen only 9% from its all-time highs in September, hardly a devastating decline. “Not only does the price action this year suggest we are in the midst of a bear market—more than 40 percent of the stocks in the S&P 500 are down at least 20 percent—but it also trades like a bear market,” wrote the bank’s analysts.

  • Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash
    Business
    Cointelegraph

    Tom Lee Maintains $15,000 Year-End BTC Prediction Despite Market Crash

    Despite the present market crash, major Wall Street crypto bull Tom Lee has reiterated his recently reduced year-end price prediction for Bitcoin (BTC) at $15,000 in an interview with CNBC’s Squawk Box on Tuesday, Nov. 20. According to Lee, those two sides of the crypto community should find a way for “sort of interacting with each other” for crypto investors not to get burnt by crashes like this.

  • Business
    CNBC

    The sell-off can't end until these 10 problems are fixed, Jim Cramer argues

    CNBC's Jim Cramer pinpoints the 10 drivers of the stock market's sell-off. Ten things need to change for the stock market to come back from its Monday declines , CNBC's Jim Cramer said as high-profile technology stocks Facebook FB and Apple AAPL led the major averages lower. Here are the various reasons that stocks are falling and what it would take for them to turn, according to Cramer: 1.

  • What You Must Know About AT&T Inc’s (NYSE:T) Financial Strength
    Finance
    Simply Wall St.

    What You Must Know About AT&T Inc’s (NYSE:T) Financial Strength

    Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as AT&T Inc (NYSE:T) a safer option. Today we will look at AT&T’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth. Remember this is a very top-level look that focuses exclusively on financial health, so I recommend a deeper analysis into T here.

  • Advanced Micro Devices (AMD) Gains As Market Dips: What You Should Know
    Finance
    Zacks

    Advanced Micro Devices (AMD) Gains As Market Dips: What You Should Know

    This has lagged the Computer and Technology sector's loss of 5.96% and the S&P 500's loss of 2.57% in that time. AMD's full-year Zacks Consensus Estimates are calling for earnings of $0.46 per share and revenue of $6.54 billion. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

  • Alexandria Ocasio-Cortez Calls for Election Day to Become a National Holiday, Replacing Columbus Day
    Politics
    Fortune

    Alexandria Ocasio-Cortez Calls for Election Day to Become a National Holiday, Replacing Columbus Day

    Alexandria Ocasio-Cortez, the politician who soon will become the youngest woman to serve in Congress, proposed replacing Columbus Day with a national voting holiday on Election Day. In short order, David Martosko, U.S. political editor for Britain’s Daily Mail, weighed in to accuse Ocasio-Cortez of “angling for more vacation days.” That tweet struck many as a not-so-subtle reference to the inaccurate yet longstanding stereotype of Hispanics as lazy.

  • Finance
    CNBC

    There are a lot of great buys thanks to sell-off: Value investor David Katz

    "We think there are a lot of great buys here we would be buying if you have a 6- to 12-month" timeline, says David Katz, CIO of Matrix Asset Advisors. Katz says eBay, Schlumberger and Alphabet are buying opportunities. The market sell-off has created a buying opportunity for investors who can afford to be a little patient, noted value investor David Katz told CNBC on Tuesday.

  • Investors are concerned about Fed’s plan to raise rates: Stephen Moore
    Business
    Fox Business Videos

    Investors are concerned about Fed’s plan to raise rates: Stephen Moore

    Trump 2020 surrogate Stephen Moore discusses how the Federal Reserve’s rate hikes are hurting the U.S. economy.

  • Where Will Home Depot Be in 5 Years?
    Business
    Motley Fool

    Where Will Home Depot Be in 5 Years?

    For longtime Home Depot Inc. (NYSE: HD) investors, third-quarter 2018 was more of the same. Net sales rose to $26.3 billion, a 5.1% increase year over year, and diluted earnings per share (EPS) grew to $2.51, a 36.4% jump year over year, as reported by the company earlier this month. Shareholders are used to the giant home-improvement retailer realizing strong quarterly results, yet shares of Home Depot are now down about 7% year to date, trailing the S&P 500 index by about 10% over the same period.

  • Why Oil Stocks Are Getting Pummeled Today
    Business
    Motley Fool

    Why Oil Stocks Are Getting Pummeled Today

    The bear-market mauling of crude oil prices continued on Tuesday, with oil falling another 7% on the day, which pushed the U.S. oil benchmark price, WTI, to around $53 per barrel. Among the biggest decliners were Seadrill (NYSE: SDRL), Weatherford International (NYSE: WFT), Oasis Petroleum (NYSE: OAS), Denbury Resources (NYSE: DNR), and Baytex Energy (NYSE: BTE), which all dropped double digits by midafternoon.

  • The tech-stock selloff is a golden opportunity to buy Microsoft, Apple, Netflix and Tesla
    News
    MarketWatch

    The tech-stock selloff is a golden opportunity to buy Microsoft, Apple, Netflix and Tesla

    Target, which is still up substantially this year, is no General Electric (GE) sorting through underperforming businesses and realizing that it wasted so much money on stock buybacks that the ex-icon of America’s Industrial Might has a negative tangible book value. Or, put it this way: How much sense did it make when the market’s reaction to a weak report on home-builder sentiment and foot traffic at new-home communities was to sell off technology stocks? Julius was Julius Westheimer, who in my own misspent youth was a Baltimore stockbroker and denizen of the Baltimore Sun, where he was a columnist to my cub reporter, and a regular on Wall $treet Week, a public-TV stock-market show produced at Maryland Public TV.

  • Don't buy this dip, says Morgan Stanley's top strategist
    Business
    CNBC Videos

    Don't buy this dip, says Morgan Stanley's top strategist

    Mike Wilson, Morgan Stanley, says this isn't a buy the dip market. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Pete Najarian, Dan Nathan and Guy Adami.

  • 7 High-Yield Safety Stocks to Buy for 2019
    Finance
    InvestorPlace

    7 High-Yield Safety Stocks to Buy for 2019

    Given the heavy weighting these tech stocks enjoy in the market-cap weighted indices such as the S&P 500, the pain is being felt broadly with the October lows at risk of being violated. Watch for a possible move back to the high set in December 2017, which would be worth a gain of more than 9% for D stock from here.

  • The Smartest People on Wall Street Are Buying These 3 Stocks -- Should You Follow?
    Business
    Motley Fool

    The Smartest People on Wall Street Are Buying These 3 Stocks -- Should You Follow?

    To get a leg up on average returns, many investors follow what Wall Street's best and brightest are doing. Chuck Saletta (Berkshire Hathaway): Warren Buffett has earned a spot among the ranks of the world's greatest investors through decades of market trouncing returns at the helm of Berkshire Hathaway.

  • Apple is finding out that not everyone likes giant, expensive phones
    Finance
    Yahoo Finance

    Apple is finding out that not everyone likes giant, expensive phones

    For weeks now, reports have trickled out that Apple is having trouble with iPhone XR demand. Analysts and other Apple watchers frequently parse through the tea leaves left by Apple suppliers and assemblers throughout the supply chain, and the Wall Street Journal wrote on Monday that that Apple slashed production plans by a third from the 70 million or so units it had been expecting to produce between September and February with its suppliers. At the same time, however, the iPhone 8 — and 8 Plus — have been experiencing strong demand, according to a report from the Nikkei Asian Review.

  • Best Amazon Black Friday and Cyber Monday deals so far
    News
    The Telegraph

    Best Amazon Black Friday and Cyber Monday deals so far

    As supreme ruler of the online retail landscape, Amazon has built quite the reputation for extraordinary Black Friday deals. Last year alone the selection was so generous and diverse that the website went on to handle 54.9% of all online Black Friday transactions, according to Hitwise data cited in Dealerscope. The weekend was so successful for the company, in fact, that Cyber Monday went on to become the biggest shopping day in the company’s history.

  • Micron (MU) Dips More Than Broader Markets: What You Should Know
    Finance
    Zacks

    Micron (MU) Dips More Than Broader Markets: What You Should Know

    This has lagged the Computer and Technology sector's loss of 5.96% and the S&P 500's loss of 2.57% in that time. The company is expected to report EPS of $2.90, up 18.37% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $8.03 billion, up 18.04% from the prior-year quarter.

  • 3 Top Large-Cap Stocks to Buy in November
    Business
    Motley Fool

    3 Top Large-Cap Stocks to Buy in November

    Large-cap stocks typically provide investors with consistency and stability, two features investors are sorely lacking from the rest of the market these days. While not a guarantee against suffering whipsaws in volatility, large-cap stocks can provide investors with a bit more than a modicum of reassurance that they will be around tomorrow when all is said and done. Three Motley Fool contributors selected AbbVie (NYSE: ABBV), 3M (NYSE: MMM), and Netflix (NASDAQ: NFLX) as large-cap stocks to buy in November.

  • Big tech stocks are getting crushed — here's the simple explanation why
    Finance
    Yahoo Finance

    Big tech stocks are getting crushed — here's the simple explanation why

    Reality continues to rain down on formerly high-flying big tech stocks. Sales growth in 2019 will probably be less explosive than 2018. Blame slowing user growth at the likes of Facebook (FB) or more competition for Amazon (AMZN) from the increasingly digitally savvy Target – the fact is the sales growth environment for big tech is taking a turn for the worse.

  • Finance
    InvestorPlace

    Is Citigroup Stock Too Cheap To Ignore?

    Banking on Citigroup (NYSE:C) stock has turned out to be a bad move. For the year so far, the return of Citigroup stock is an awful -17.3%. During the past ten years, C stock has posted an average annual return of -3.27%.

  • The Pattern in AAPL Stock Bears a Striking Resemblance to 2012
    Finance
    InvestorPlace

    The Pattern in AAPL Stock Bears a Striking Resemblance to 2012

    Like many other tech oriented companies, Apple (NASDAQ:AAPL) has been trending lower since the beginning of October. At this point, AAPL stock is facing its eighth straight week of losses, and that’s the longest losing streak for the stock since a similar drop from September to November of 2012. In 2012, AAPL stock tried to find support at its 52-week moving average, and it did manage a small bounce over a couple of weeks after reaching that moving average.

  • AT&T (T) Gains As Market Dips: What You Should Know
    Finance
    Zacks

    AT&T (T) Gains As Market Dips: What You Should Know

    Heading into today, shares of the telecommunications company had lost 6.8% over the past month, lagging the Computer and Technology sector's loss of 5.28% and the S&P 500's loss of 2.43% in that time. For the full year, our Zacks Consensus Estimates are projecting earnings of $3.51 per share and revenue of $175.11 billion, which would represent changes of +15.08% and +9.07%, respectively, from the prior year. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

  • Goldman Thinks Apple Missed the Mark With iPhone XR
    Business
    Motley Fool

    Goldman Thinks Apple Missed the Mark With iPhone XR

    Apple (NASDAQ: AAPL) just can't get a break from souring investor sentiment. Evidence continues to mount that demand for the newest iPhones may be tepid, and investors remain intensely focused on unit sales even as the company keeps trying to get shareholders to appreciate the services business more. Apple said earlier this month that it will no longer disclose unit volumes.

  • Bank of America (BAC) Flat As Market Sinks: What You Should Know
    Finance
    Zacks

    Bank of America (BAC) Flat As Market Sinks: What You Should Know

    Bank of America (BAC) closed the most recent trading day at $27.75, making no change from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.66%. At the same time, the Dow lost 1.56%, and the tech-heavy Nasdaq lost