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Qualcomm (NASDAQ:QCOM) Shares Steady as Broader Portfolio Cushions 61% Handset Decline
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Qualcomm (NASDAQ:QCOM) Shares Steady as Broader Portfolio Cushions 61% Handset Decline
NEW YORK, August 3, 2026, 13:21 EDT The stock gained roughly 1.0% to $149.10 in early trading on Monday. Growth in Automotive and IoT segments compensated for 60.6% of the reduction in handset revenue. The midpoint of fourth-quarter adjusted EPS guidance falls 8.9% short of Wall Street’s forecast. (Reuters) Growth in automotive and IoT offset…
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