QCOM

A month has gone by since the last earnings report for Qualcomm (QCOM). Shares have added about 35.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Qualcomm due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Qualcomm Surpasses Q2 Earnings Estimates on Solid Auto, IoT DemandQualcomm reported strong second-quarter fiscal 2026 non-GAAP earnings of $2.65 per share, which declined 7% year over year but topped the Zacks Consensus Estimate of $2.57 by 3.11%. Non-GAAP revenues were $10.60 billion, falling 2% year over year and missing the consensus mark of $10.64 billion 0.2%. Diversification remained the key positive, with record automotive sales and continued IoT momentum helping offset handset-related pressure tied to a challenging memory environment and cautious build behavior among certain OEMs. QCOM Posts Mixed Top-Line Performance by End MarketHandsets were the main source of pressure. Qualcomm CDMA Technologies (QCT) handset revenues were $6.02 billion, declining 13% from the year-ago quarter as OEMs, particularly in China, remained cautious on builds amid memory supply and pricing dynamics and continued to draw down channel inventory. Automotive and IoT provided meaningful support. QCT automotive revenues rose 38% year over year to a record $1.33 billion, while QCT IoT revenues increased 9% to $1.73 billion, reflecting growth across consumer and industrial products. Qualcomm Shows Diversification in Segment ResultsQCT segment revenues were $9.08 billion, down 4% year over year, and QCT EBT margin contracted to 27% from 30% a year earlier, reflecting weaker handset revenues and mix. Within QCT, automotive strength and IoT growth helped partially cushion the handset decline. Qualcomm Technology Licensing (QTL) revenues totaled $1.38 billion, up 5% year over year, with QTL EBT margin expanding to 72% from 70%, indicating solid profitability in the licensing business during the quarter. QCOM Leans Into Auto Content and ADAS ExpansionManagement continues to frame automotive as a multi-year content expansion opportunity. Qualcomm highlighted that it exceeded $5 billion in annualized automotive revenues for the first time...

Interested in Marvell Technology, Inc.? Here are five stocks we like better. Marvell posted record first-quarter revenue of $2.418 billion, with non-GAAP EPS of $0.80, beating the midpoint of guidance. Data center was the dominant business, accounting for 76% of total revenue. The company lifted its outlook for fiscal 2027 and 2028, now expecting roughly $11.5 billion in fiscal 2027 revenue and about $16.5 billion in fiscal 2028. Management said the upgrade is being driven mainly by accelerating AI-related demand in data center and interconnect products. AI infrastructure remains the key growth engine, with record $1.83 billion data center revenue in Q1 and strong demand across optical interconnect, custom silicon and switching. Marvell also highlighted its expanded partnership with NVIDIA and several acquisitions aimed at strengthening its AI networking and photonics portfolio. Qualcomm's TikTok AI Chip Deal Rewrites the Rules Marvell Technology (NASDAQ:MRVL) reported record revenue for its first fiscal quarter of 2027 and raised its revenue outlook for both fiscal 2027 and fiscal 2028, citing accelerating demand across its data center portfolio and continued customer investment in artificial intelligence infrastructure. Chairman and Chief Executive Officer Matt Murphy said Marvell generated first-quarter revenue of $2.418 billion, up 9% sequentially and 28% from a year earlier. The result exceeded the midpoint of the company’s guidance, while non-GAAP earnings per share of $0.80 came in $0.01 above the midpoint of guidance. → Voya Financial Grows Earnings Across All 3 Business Segments A Deep Dive Into NVIDIA’s Latest Portfolio Moves “We are seeing strong demand and exceptional bookings across our entire data center portfolio,” Murphy said. Chief Financial Officer Willem Meintjes said data center was Marvell’s largest end market in the quarter, contributing 76% of total revenue. GAAP gross margin was 52.1%, while non-GAAP gross margin was 58.9%. GAAP earnings per diluted share were $0.04, and non-GAAP earnings per diluted share rose 29% year over year to $0.80. → SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% For the second fiscal quarter, Marvell expects revenue of $2.7 billion, plus or minus 5%, representing 12% sequential growth and 35% year-over-year growth at the mid...

Meta Platforms (NASDAQ:META) primarily generates revenue through advertising, and by offering digital communication applications and virtual reality hardware to users worldwide. It recently expanded an infrastructure partnership with Broadcom to develop custom hardware for its operations, and it reported an approximately 48% net income margin for the quarter ended March 31, 2026. Snap (NYSE:SNAP) operates a visual communication application and provides wearable camera products and advertising services globally. It announced a strategic agreement with Qualcomm to power future generations of its wearable hardware, while posting an approximately negative 6% net income margin for the quarter ended March 31, 2026. Revenue serves as a foundational metric that shows investors the total amount of money a business brings in before operating expenses are deducted. This helps investors gauge raw business scale and growth. Image source: The Motley Fool. Data source: Company filings. Data as of May 10, 2026. Comparing the revenue for Meta Platforms and Snap reveals insightful trends. Both operate in the social media space, rely heavily on digital advertising for income, and are experiencing rising revenue. Beyond that, their stories diverge. Meta is seeing spectacular sales growth. Its first quarter revenue of $56.3 billion represented a 33% year-over-year jump. Compare that to Snap’s 12% Q1 sales increase to $1.5 billion, which is a solid result, but not the outsized performance delivered by Meta. The Facebook parent’s enormous revenue increase shows its business strategies are working. Meta invested heavily in artificial intelligence in recent years, and its strong sales suggests AI is helping. The company has also extended its AI use into hardware with virtual reality headsets and AI-infused sunglasses. The latter saw the number of people using them triple year over year in Q1. Snap’s sales trend indicates the company is growing. Its daily active users rose 5% year over year in Q1. However, unlike Meta, Snap isn’t profitable, posting a Q1 net loss of $89 million. Its modest revenue gains contrasted against unprofitable operations is concerning when AI is expensive technology to implement. Snap’s sales trend reveals its use of AI to date hasn’t supercharged its income to the same degree as Meta. Unless revenue starts to accelerate, as an unprofitable enterprise, invest...

Calendar spreads are a versatile options strategy that allows traders to capitalize on time decay and changes in implied volatility. This strategy involves selling a short-term option while simultaneously buying a longer-term option at the same strike price, creating a position that benefits from the passing of time and potential volatility shifts. Palantir Shows Huge Unusual Call Options Buying - PLTR Could Be Cheap Here Lululemon Stock Just Hit Another 52-Week Low. History Tells Us It Could Lose Another $25 from Here. The VIX Butterfly Playbook for Volatility Spikes Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Calendar spreads are often used when traders expect limited price movement in the short term but anticipate increased volatility or a directional move later on. They can be structured with calls or puts, making them useful for both bullish and bearish outlooks. Let’s take a look at Barchart’s Long Call Calendar Screener for May 14th. I have added a filter for Market Cap above 40b and total call volume above 5,000 to remove small capitalization stocks. The screener shows some interesting calendar spread trades on popular stocks such as MRVL, CRM, QCOM, SNOW, PDD and NVDA. Let’s walk through a couple of examples. Let’s use the first line item as an example. With Marvell Technologies stock trading at $177.95, setting up a calendar spread at $170 gives the trade a neutral to slightly bearish outlook. Selling the May 29 call option with a strike price of $170 and buying the July 17, $170-strike call will cost around $9.30. That is also the most the trade can lose. The estimated maximum profit is $1,675, but that could vary depending on changes in implied volatility. The idea with the trade is that if Marvell Technologies stock remains trades around $170 for the next few days, the sold option will decay faster than the bought option allowing the trade to be closed for a profit. The breakeven prices for the trade are estimated at around $134 and $234, but these can also change slightly depending on changes in implied volatility. In terms of trade management if MRVL stock broke through either $134 or $234, I would look to adjust or close the trade. Note that Marvell Technologies is due to report earnings on May 27th after the closing bell. Let’s look at another example. With Salesforce stock tradin...

The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.29%. June E-mini S&P futures (ESM26) rose +0.18%, and June E-mini Nasdaq futures (NQM26) rose +0.28%. Stock indexes settled higher on Monday, with the S&P 500 and Nasdaq 10 posting new all-time highs amid strong corporate earnings results and resurgent optimism around artificial intelligence. Strength in chipmakers and AI-infrastructure stocks led the broader market higher on Monday. Gains in stocks were limited on Monday amid rising oil prices and bond yields after the US and Iran failed to reach terms to end the war in the Middle East. Global bond yields rose on concern that the continued standoff will keep energy prices elevated and could force the world’s central banks to tighten monetary policy. The 10-year T-note yield rose +5 bp to 4.41%. Dear D-Wave Quantum Stock Fans, Mark Your Calendars for May 12 Berkshire Hathaway Just Upped Its Stake in Sumitomo Stock. Greg Abel Says It’s Holding for the Long Term. This Analyst Just Raised the Price Target on Coherent Stock by 50%. What to Know. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! In the latest developments in the Middle East, President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. Iran offered to transfer some of its stockpile of highly enriched uranium to a third country, but rejected the idea of dismantling its nuclear facilities. Iran also demanded a lifting of the US naval blockade and sanctions relief, while maintaining a degree of control over traffic through the Strait of Hormuz. Despite the ceasefire in place since last month, a drone strike over the weekend set a cargo vessel ablaze off Qatar in the Persian Gulf. Also, the United Arab Emirates and Kuwait both said they intercepted hostile drones. Monday’s US economic news was slightly weaker than expected after Apr existing home sales rose +0.2% m/m to 4.02 million, below expectations of 4.05 million. Chinese trade news was better than expected, a positive factor for global growth. China Apr exports rose +14.1% y/y, stronger than expectations of +8.4% y/y. Apr imports rose +25.3% y/y, stro...

The S&P 500 Index ($SPX) (SPY) today is up +0.25%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.17%. June E-mini S&P futures (ESM26) are up +0.29%, and June E-mini Nasdaq futures (NQM26) are up +0.19%. Stock indexes are moving higher today, with the S&P 500 and Nasdaq 100 posting new all-time highs amid strong corporate earnings results and resurgent optimism around artificial intelligence. Gains in stocks are limited today amid rising oil prices and bond yields after the US and Iran failed to reach terms to end the war in the Middle East. Global bond yields rose on concern that the continued standoff will keep energy prices elevated and could force the world’s central banks to tighten monetary policy. The 10-year T-note yield is up +3 bp to 4.39%. Broadcom Hits a Bottleneck as OpenAI Revenue Concerns Claim Their First Casualty Dan Ives Can’t Make It Any Clearer: Palantir Stock Is Still a ‘Golden Goose’ Despite Q1 Earnings Fears Palantir Stock Has a ‘High-Class Problem’: Demand for Its Software Is Far Outpacing Supply Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. In the latest developments in the Middle East, President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. Iran offered to transfer some of its stockpile of highly enriched uranium to a third country, but rejected the idea of dismantling its nuclear facilities. Iran also demanded a lifting of the US naval blockade and sanctions relief, while maintaining a degree of control over traffic through the Strait of Hormuz. Despite the ceasefire in place since last month, a drone strike over the weekend set a cargo vessel ablaze off Qatar in the Persian Gulf. Also, the United Arab Emirates and Kuwait both said they intercepted hostile drones. Today’s US economic news was slightly weaker than expected after Apr existing home sales rose +0.2% m/m to 4.02 million, below expectations of 4.05 million. Chinese trade news was better than expected, a positive factor for global growth. China Apr exports rose +14.1% y/y, stronger than expectations of +8.4% y/y. Apr imports rose +25.3% y/y, stronger than expectations of 20.0% y/y. WTI crude oil prices (CLM26) are up by more than 2% today, as optimism that the US an...

The S&P 500 Index ($SPX) (SPY) today is up +0.17%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.06%. June E-mini S&P futures (ESM26) are up +0.19%, and June E-mini Nasdaq futures (NQM26) are up +0.05%. Stock indexes are moving higher today, with the S&P 500 and Nasdaq 10 posting new all-time highs amid strong corporate earnings results and resurgent optimism around artificial intelligence. Gains in stocks are limited today amid rising oil prices and bond yields after the US and Iran failed to reach terms to end the war in the Middle East. Global bond yields rose on concern that the continued standoff will keep energy prices elevated and could force the world’s central banks to tighten monetary policy. The 10-year T-note yield is up +3 bp to 4.39%. Broadcom Hits a Bottleneck as OpenAI Revenue Concerns Claim Their First Casualty Palantir Stock Has a ‘High-Class Problem’: Demand for Its Software Is Far Outpacing Supply Dan Ives Can’t Make It Any Clearer: Palantir Stock Is Still a ‘Golden Goose’ Despite Q1 Earnings Fears Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. In the latest developments in the Middle East, President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. Iran offered to transfer some of its stockpile of highly enriched uranium to a third country but rejected the idea of dismantling its nuclear facilities. Iran also demanded a lifting of the US naval blockade and sanctions relief, while maintaining a degree of control over traffic through the Strait of Hormuz. Despite the ceasefire in place since last month, a drone strike over the weekend set a cargo vessel ablaze off Qatar in the Persian Gulf. Also, the United Arab Emirates and Kuwait both said they intercepted hostile drones. Chinese trade news was better than expected, a positive factor for global growth. China Apr exports rose +14.1% y/y, stronger than expectations of +8.4% y/y. Apr imports rose +25.3% y/y, stronger than expectations of 20.0% y/y. WTI crude oil prices (CLM26) are up by more than 2% today, as optimism that the US and Iran would reopen the Strait of Hormuz was dashed after President Trump said Iran's latest peace proposals were "totally unacceptable." The strait remains essentially closed, as abo...

The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.84%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.35%. June E-mini S&P futures (ESM26) rose +0.79%, and June E-mini Nasdaq futures (NQM26) rose +2.37%. Stock indexes settled higher on Friday, with the S&P 500 and Nasdaq 100 posting new record highs. Chipmaker and AI-infrastructure stocks led the overall market higher on Friday, offsetting concerns about the Iran war. Stronger-than-expected corporate earnings are pushing stocks higher. Weakness in software stocks on Friday weighed on the Dow Jones Industrial Average. As CPUs Steal the Show, AMD Stock Just Got a New Street-High Price Target How Intel Stock Could Be the Biggest Winner from AMD’s Explosive Earnings Win Cathie Wood Dumps More AMD Shares Despite Its Massive 108% Rally. Here's Why. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Stock indexes also found support today on signs of resiliency in the US labor market after April nonfarm payrolls rose more than expected and March nonfarm payrolls were revised upward. Stocks rallied on Friday despite a larger-than-expected decline in US consumer sentiment to a record low. US Apr nonfarm payrolls rose by +115,000, stronger than expectations of +65,000, and Mar nonfarm payrolls were revised upward to +185,000 from the previously reported +178,000. The Apr unemployment rate was unchanged at 4.3%, right on expectations. US Apr average hourly earnings rose +0.2% m/m and +3.6% y/y, weaker than expectations of +0.3% m/m and +3.8% y/y. The University of Michigan’s US May consumer sentiment index fell -1.6 to a record low of 48.2 (data from 1978), weaker than expectations of 49.5. The University of Michigan US May 1-year inflation expectations rate unexpectedly eased to +4.5% from +4.7% in Apr, weaker than expectations of an increase to 4.8%. The May 5-10 year inflation expectations rate unexpectedly eased to +3.4%, weaker than expectations of no change at +3.5%. In the latest developments in the Middle East, Iran's semi-official Tasnim news agency said Iran seized an oil tanker on Friday in the Strait of Hormuz for "attempting to disrupt oil exports and the interests of the Iranian nation." Also, US forces targeted missile and drone launch sites and other milita...

JACKSONVILLE, FL / ACCESS Newswire / May 7, 2026 / ParkerVision, Inc. (OTCQB:PRKR) ("ParkerVision" or the "Company"), a developer and marketer of technologies and products for wireless applications, today announced results for the three months ended March 31, 2026. 2026 Summary and Recent Developments The Court of Appeals for the Federal Circuit ("CAFC") granted the Company's motion for an expedited schedule in its appeal of ParkerVision v. Qualcomm (CAFC case no. 26-1033) and oral arguments are scheduled for June 1, 2026. The Company appealed the May 30, 2025 claim construction ruling made by the district court (Middle District of Florida) which led to a stipulation of noninfringement of the Company's receiver patent claims. The district court severed and stayed the remaining transmitter patent claims in the case pending the decision of the appellate court. The briefings to the CAFC and the oral arguments on June 1, 2026 will address the merits of the appeal and a request for the case to be assigned to a new judge, as well as address whether the CAFC has proper jurisdiction based on a motion to dismiss the appeal filed by Qualcomm. The Company's first patent infringement trial against MediaTek in the Western District of Texas was postponed by the district court, just days prior to the scheduled trial, pending resubmission of expert reports and related briefings by the parties. A revised scheduling order has been issued for MediaTek providing for submission of amended expert reports by the Company by May 8, 2026, submission of MediaTek's responsive expert reports in June 2026, and final deadlines for pretrial motions by the end of July 2026. A trial commencement date has not yet been established. The Company's patent infringement trial against Realtek in the Western District of Texas, originally scheduled to commence in late April 2026, was postponed by the district court citing the same reasons as the MediaTek case. In April 2026, it was reported that Judge Albright, the district court judge assigned to each of ParkerVision's Texas cases, will be leaving the bench, and on April 24, 2026, Albright issued an order vacating all pending dates for a number of cases, including ParkerVision v. Realtek . Jeffrey Parker, CEO of ParkerVision, commented, "We are very appreciative that the CAFC has continued to move expeditiously with respect to our Qualcomm appeal, an...

Unmanned systems drove growth—embedded IoT sales rose 22% year‑over‑year, Lantronix raised fiscal 2026 drone revenue guidance to $10–$14M and expects unmanned systems to represent 15–20% of revenue in fiscal 2027. Q3 results were in line with guidance: revenue of $30.2 million and non‑GAAP EPS of $0.04; the company finished the quarter with $23.5M in cash (net cash ≈ $14.8M) and guided Q4 revenue $29–$33M and non‑GAAP EPS $0.03–$0.05 while forecasting double‑digit revenue growth in fiscal 2027. Lantronix expanded its multi‑silicon strategy by adding MediaTek alongside Qualcomm to broaden addressable and price‑sensitive markets, and is growing its software and services mix (now 8–9%) to support margin expansion toward ~45%. Interested in Lantronix, Inc.? Here are five stocks we like better. Lantronix (NASDAQ:LTRX) reported fiscal third-quarter results that were in line with management’s outlook, as the company pointed to continued momentum in embedded compute—particularly its unmanned systems initiatives—and an increasing contribution from software and services. Revenue for the quarter was $30.2 million, and non-GAAP earnings were $0.04 per share, both within the company’s guidance range, according to President and CEO Saleel Awsare. Chief Financial Officer Brent Stringham said results reflected “sequential and year-over-year growth driven by strength in embedded compute products, including our NDAA and drone programs, and continuing momentum in software and services revenues.” → 3 Emerging Markets ETFs to Maximize Exposure to High-Potential Countries Awsare said the company’s embedded IoT solutions portfolio grew 22% year-over-year, which he described as the main driver behind overall sequential and year-over-year revenue growth. He characterized Lantronix as “a critical onboard edge compute platform for unmanned systems,” and said demand for unmanned systems and drones remains strong, supported by industry and military tailwinds. Awsare also cited regulatory dynamics as beneficial to domestic and “trusted supplier platforms,” pointing to an FCC action in December 2025 that bars DJI and other foreign drone makers on a covered list from obtaining approval for new drone models in the U.S. He said Lantronix’s positioning as a U.S. partner that is NDAA- and TAA-compliant strengthens its competitive position for Group 1 and 2 drone ecosystems. → The Real SpaceX P...

Qualcomm Incorporated QCOM reported relatively modest second-quarter fiscal 2026 results, with adjusted earnings exceeding the Zacks Consensus Estimate, driven by healthy demand trends in IoT and automotive businesses. Revenues decreased year over year and missed the consensus mark by 0.2%, despite the strength of the business model, diversification initiatives and the ability to respond proactively to the evolving market scenario. Qualcomm is witnessing healthy traction in EDGE networking, which helps transform connectivity in cars, business enterprises, homes, smart factories, next-generation wearables and tablets. The company intends to harness artificial intelligence (AI) to meet increased demands for essential products and services that are the building blocks of digital transformation in a cloud economy. The automotive telematics and connectivity platforms, digital cockpit and C-V2X solutions are fueling emerging automotive industry trends such as the growth of connected vehicles, the transformation of the in-car experience and vehicle electrification. Automotive revenues rose 38% year over year in the fiscal second quarter to a record $1.33 billion, driven by increased content in new vehicle launches powered by its Snapdragon Digital Chassis platform. Automakers continued to deploy high-performance, low-power computing and connectivity chips to bring next-generation experience to consumers. Management noted that more than 1 million cars are operating ADAS and autonomy on Snapdragon Ride processors, while indicating that commercial shipments of its next-generation digital chassis platform are expected to begin by the end of the fiscal year. Despite significant automotive traction, handset revenues declined 13% year over year to $6.02 billion, as OEMs (particularly in China) remained cautious on builds amid memory supply and pricing dynamics and continued to draw down channel inventory. Management reiterated that QCT handset revenues from China-based customers are expected to bottom out in the third quarter and return to sequential growth in the following quarter as the inventory drawdown cycle eases. However, near-term visibility remains influenced by memory supply constraints and related pricing. Image Source: Zacks Investment Research To add to the woes, Qualcomm's margins have declined over the years due to high operating expenses and R&D (research...

Advanced Micro Devices (AMD) posted first quarter results that beat Wall Street estimates, reporting adjusted earnings of $1.37 per share (vs. estimates of $1.28) and revenue of $10.25 billion (vs. estimates of $9.89 billion). Futurum CEO Daniel Newman comes on Market Domination Overtime to dive into the AI chipmaker's earnings release and what it may signal about CEO Lisa Su's growth outlook and the company's tightening competition with Nvidia (NVDA). The stock is getting a lift in Tuesday's after-hours trading at the time of this video being posted.