
Technology
Qualcomm Beats on Revenue, Stumbles on Guidance
Qualcomm revenue of $10.44bn beat estimates but next-quarter guidance undershot, cutting its price targets and fuelling a chip rout.
Chinedu Nwosu
4 results for “spacex”

Qualcomm revenue of $10.44bn beat estimates but next-quarter guidance undershot, cutting its price targets and fuelling a chip rout.

SpaceX shares rose more than 3 percent after a report it is in talks to buy Dish Network Boost Mobile or use its network, opening a path into the $235 billion US wireless market.
SpaceX posts strong Q3 results with revenue up 161% to $14.6bn driven by Starlink and launch services.
S&P 500, Nasdaq and Dow gained as technology led and SpaceX surged on strong Q3 results.