Qualcomm beat analysts’ expectations for fourth-quarter revenue and profit on Wednesday, helped by demand from Chinese smartphone makers targeting emerging markets and a newer licensing model for its wireless technology that has soothed relations with some big customers. Shares of the company rose 1.5 percent in extended trading on Wednesday. Qualcomm is the world’s biggest
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With Congress now split between Democrats and Republicans, consumer-related legislation is likely to be caught in the crosshairs. “You shouldn’t expect much coming out of Washington that will directly affect your personal finances,” said Ric Edelman, the chairman of financial education and client experience at Edelman Financial Engines. At stake are regulations around lending, student
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CNBC’s Jim Cramer is such a passionate supporter of the stock of Apple that, sometimes, even he knows it’s worth getting a second opinion. So, on Tuesday, he got technician Carolyn Boroden’s take. After inspecting Apple’s charts, Boroden, who runs FibonacciQueen.com and is Cramer’s colleague at RealMoney.com, came out “cautiously optimistic” on the stock’s near-term
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A pair of charts suggests stocks will stage a significant rally, no matter what happens with the midterm elections. According to J.P. Morgan’s Jason Hunter, investors could be on the cusp of solid gains following the October correction. “We feel comfortable thinking this is a late-cycle correction and not a bear market,” he said Tuesday
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Nobel laureate Robert Shiller isn’t using midterm election patterns to help construct his latest market forecasts. The Yale University economics professor sees this electionas an expression of voter confidence about President Donald Trump. He suggests it’s unwise to use the vote as way to predict economic and market trends. “This is a very different midterm
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Negotiating a pay raise can be tough. Whether you’re starting a new job, or looking for a boost from your current employer, you need to tread carefully. Go in too hard and you may burn your bridges; go in too soft and you could miss your chance. Yet, experts suggest now could be the time
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Shares of cybersecurity firm Symantec have fallen nearly 30 percent this year, but CNBC’s Jim Cramer thinks that it’s worth taking a second look at the beaten-down stock. In August, hedge fund Starboard Value invested $670 million into Symantec and nominated five new board members. Starboard Value has “a really consistent long-term track record,” Cramer
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Check out the companies making headlines after the bell: E.L.F. Beauty shares soared 22 percent during after-hours trading as the beauty company beat estimates in its quarterly earnings Monday. The company reported earnings of 17 cents per share, while analysts estimated 8 cents a share. The company also beat on revenue, reporting $63.9 million versus
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