Qualcomm (QCOM) CEO says the Co. expects to exit FY26 with Automotive run rate above USD 6bln and a significant increase in the choice of new smart glasses starting H2'26
Qualcomm's CEO indicating a robust growth trajectory in their automotive segment, aiming for over $6 billion by FY26, signals confidence in the firm's innovation and demand in the sector.
US CENTCOM says the US navy has redirected 42 vessels from the blockade in the Strait of Hormuz and that the military is fully committed to enforcing the blockade
Alphabet (GOOGL) CFO says we expect Capex between USD 180-190bln (prev. guided USD 175-185bln) this year and to significantly increase in 2027 from 2026
Qualcomm (QCOM) CEO says the Co. expects to exit FY26 with Automotive run rate above USD 6bln and a significant increase in the choice of new smart glasses starting H2'26
Fire at PDVSA's Cardon refinery's FCC unit is reportedly under control
US Treasury Secretary Bessent says it is highly unusual for Powell to stay on the Fed board, calling it an insult and violation of norms; adds Warsh will be Fed Chair on time
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Additionally, the introduction of new smart glasses showcases diversification, which could attract investment and positively impact market sentiment around their tech offerings. This optimism may ripple through semiconductor stocks and related equities, potentially affecting sector valuations.
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