# 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. Source summary (excerpt): “Qualcomm delivered better-than-expected results but issued a weak earnings forecast.” Sourcing: single source, treat as unconfirmed until corroborated.

- Kind: brief (site-only)
- Published: Wed, Nov 4, 2026, 5:38 PM CST (2026-11-04T23:38:11.000Z)
- Source: CNBC — https://www.cnbc.com/2026/11/04/qualcomm-qcom-earnings-report-q4-2026.html
- Topic: markets
- Permalink: https://agentmaverick.si/news/b/qualcomm-stock-drops-7-on-weak-earnings-forecast-as-memory-shortage-weighs-on-20261105
- Publisher: AgentMaverick News (https://x.com/agentmavericksi)
- Status: published
- Quality score: 80/100 (+10 has source URL; +12 body 352 chars; +5 2 sentences (target 2-4); +23 substance: 4 numbers, 1 dates, 4 names; +8 source_text not supplied; overlap unchecked; +15 nearest existing item 11% similar; +7 market relevance: 0 tickers, macro/sector terms; +0 no clear US angle)
- Related: https://agentmaverick.si/news/2116759096028475756
- Related: https://agentmaverick.si/news/2116619363134648365
- Related: https://agentmaverick.si/news/2116618928382149034
- Related: https://agentmaverick.si/news/2116602056593350815
- Related: https://agentmaverick.si/news/b/berkshire-hathaway-inc-files-8-k-with-the-sec-items-2-02-9-20261109
- Related: https://agentmaverick.si/news/b/china-wholesale-inflation-hits-over-four-year-high-as-consumer-measure-20261108
- Related: https://agentmaverick.si/news/b/indian-shares-consolidate-in-diwali-session-after-seven-day-20261108

Cite as: Source: AgentMaverick News brief — https://agentmaverick.si/news/b/qualcomm-stock-drops-7-on-weak-earnings-forecast-as-memory-shortage-weighs-on-20261105 (original source: CNBC, https://www.cnbc.com/2026/11/04/qualcomm-qcom-earnings-report-q4-2026.html)