Qualcomm Results Beat Expectations, but Q2 Forecasts Disappoint

Qualcomm reported first-quarter results that beat analyst forecasts. However, second-quarter forecasts came in below expectations. Experts link this to global economic conditions and competition.

Qualcomm announced on Wednesday its first-quarter financial results, which beat expectations, but the company's forecasts for the second quarter fell short. Analysts had expected the company to show strong results, but not to such a significant extent. The report also mentions challenges the company may face in the second quarter. Experts believe these challenges are related to global economic conditions and market competition.

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2026-02-05T10:11:30+00:00

Hedge Funds Increase Bets on Software Stock Decline

Hedge funds are increasing their bets on a decline in software stocks, contributing to the strong selling the sector has seen so far this year. Investors are betting that high interest rates and economic uncertainty continue to pressure companies with high valuations. Experts note that this could lead to further volatility in the tech stock market in the near future.

Economy Country

2026-02-05T07:19:23+00:00

US VP unveils plan for critical minerals trade bloc

US Vice President J.D. Vance announced a new trade alliance for critical minerals, aimed at reducing reliance on China and boosting economic security for the U.S. and its allies.

Economy Politics Country

2026-02-05T07:19:16+00:00

Trump Says He Wouldn't Have Chosen Warsh as Fed Chair Without Rate-Cut Support

US President Donald Trump stated on Wednesday that he would not have chosen Kevin Warsh as a new Federal Reserve chairman if the latter had not been aligned with cutting interest rates. In his interview, Trump emphasized that his choice was based on Warsh's willingness to adhere to this policy.

Politics Economy Country

2026-02-05T07:18:38+00:00

Dollar Recovers Ahead of Rate Decisions

The dollar recovered at the start of Asian trading on Thursday, ahead of the expected interest rate decisions later today from the European Central Bank and the Bank of England.