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Qualcomm predicted sales and adjusted profit with a midpoint of $9.30 billion and $2.30 per share for the current fiscal second quarter ending in March. The outlook compares with analyst estimates of $9.30 billion and $2.25 per share, according to data from LSEG.
On Tuesday, Google-parent Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) and Microsoft Corporation (NASDAQ: MSFT) reported their quarterly results. While Alphabet disappointed Wall Street as its holiday-season advertising sales were short of expectations, Microsoft topped analyst estimates. On Wednesday, Microsoft also became the second-ever company worth $3 trillion, joining Apple Inc (NASDAQ: AAPL) with its value topping that of France’s GDP. 2024’s Fiscal Second Quarter For the quarter ended on D
But Microsoft shares were down 1% after-hours as investors absorbed news about rising costs to develop these AI features.
By Helena Smolak Banco Santander said it expects higher profitability in 2024 after the bank reported an increased net profit for the fourth quarter. The Spanish lender said Wednesday it...
By Helena Smolak Banco Santander said it expects higher profitability in 2024 after the bank reported an increased net profit for the fourth quarter. The...