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May 2, 2024
Novo Nordisk hikes guidance as sales of weight-loss drugs surge, Qualcomm profit lifted amid high demand for AI on devices, and other news to start your day.
May 2, 2024
This is CNBC Pro's live coverage of Thursday's analyst calls and Wall Street chatter.
May 2, 2024
Howe & Rusling Inc. reduced its position in QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 38.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,675 shares of the wireless technology company’s stock after selling 23,053 shares during the quarter. Howe & Rusling […]
May 2, 2024
Sudden yen rallies and a 5.5 trillion yen ripple in Japan's money markets seem to put us in the midst of another round of intervention. Only this time, it did not follow any wild drop in the yen and came instead as markets drifted in the wake of Federal Reserve chair Jerome Powell's post-meeting news conference. The Fed held rates and Powell noted that fighting inflation was taking longer than expected.
May 2, 2024
Uncovering the Financial Dynamics and Strategic Directions
May 2, 2024
QUALCOMM (NASDAQ:QCOM – Get Free Report) had its target price raised by equities research analysts at Morgan Stanley from $158.00 to $172.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has an “equal weight” rating on the wireless technology company’s stock. Morgan Stanley’s target price suggests a potential upside of 4.81% […]
May 2, 2024
Canada's main stock index touched its lowest in nearly a week amid a broad sell-off, as investors remained cautious ahead of the U.S. Federal Reserve's interest rate decision later in the day. The TSX Composite decreased 62.52 points, or 1.4%, to ...
May 2, 2024
Natixis Advisors L.P. lifted its position in QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 790,750 shares of the wireless technology company’s stock after purchasing an additional 63,815 shares during the quarter. Natixis Advisors […]
May 2, 2024
U.S. stocks gained slightly in early trading, after Fed Chair Jerome Powell said that while recent inflation readings mean it will likely take longer than expected for central bank officials to become comfortable that inflation will resume its decline
May 2, 2024
More than halfway through its incentives spending, the US will have far greater scope to manage shocks