Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Qualcomm Shares Fall Most in Six Months After Weak...
Business & Finance

Qualcomm Shares Fall Most in Six Months After Weak Profit Forecast

Bloomberg Technology Thursday 05 November 2026, 15:15 UTC 1 min read
Key Points

Nov 5th, 2026 Qualcomm Shares Fall Most in Six Months After Weak Profit Forecast Qualcomm shares slid 14% at the open of trading on Thursday after the company gave a lackluster profit forecast. If the decline holds through the close of trading it would be its worst day since 2020. Bloomberg's Ryan Vlastelica reports.

Nov 5th, 2026 Qualcomm Shares Fall Most in Six Months After Weak Profit Forecast Qualcomm shares slid 14% at the open of trading on Thursday after the company gave a lackluster profit forecast. If the decline holds through the close of trading it would be its worst day since 2020. Bloomberg's Ryan Vlastelica reports.
Qualcomm (ORG) Bloomberg (ORG) Ryan Vlastelica (PERSON)
Originally published by Bloomberg Technology Read original →

Related Stories

Stocks Erase Post-Midterm Elections Rally, Dragged Down by Tech

The S&P 500 slumped to its worst daily decline in more than a year, dragged down by the technology sector as investors fretted about the durability of the A.I. build-out.

NYT Business 12m ago

State-Driven Data Center Backlash Reshaping the AI Trade

The Democratic sweep of Congress and a handful of governor races sent stock prices spiraling for so-called neoclouds. With contests swinging toward candidates promising tougher restrictions on building data centers and other infrastructure, investors and management teams are re-assessing the risk of increased cost and delayed timelines. Brad Warden, Senior Portfolio Manager of Science and Tech Funds at Nomura, discusses AI cycle rotations and where the AI buildout could diverge post-Midterms.

Bloomberg Technology 16m ago

This pancreatic cancer treatment is on track for ‘one of the best drug launches of all time’

Revolution Medicines’ brand-new treatment brought in far higher sales than expected in its first few weeks on the market.

MarketWatch 18m ago

Zillow Moves on Weak Results; Dutch Bros Reduces Guidance | Stock Movers

On this episode of Stock Movers: - Zillow (Z) is moving after it posted weaker-than-expected results and signaled that adjusted earnings in the next quarter could be the weakest in three years. - Expedia (EXPE) shares are dropping even after the online travel agency raised its outlook for the full year. Still, the midpoint of its fourth-quarter gross bookings forecast trailed the average analyst estimate.

Bloomberg Technology 19m ago