Source summary (excerpt): “Qualcomm delivered better-than-expected results but issued a weak earnings forecast.”
Sourcing: single source, treat as unconfirmed until corroborated.
MarketsBRIEF
Qualcomm stock drops 7% on weak earnings forecast as memory shortage weighs on smartphone sales
CNBC reported on Wed Nov 4, 5:38 PM CT, unconfirmed by other outlets so far: Qualcomm stock drops 7% on weak earnings forecast as memory shortage weighs on smartphone sales.
What happened
Reported from CNBC. Site-only brief: it was not posted on X.