Qualcomm Stock Jumps 8% Thanks to Deal with Amazon
Dow Jones09-08 21:21
Qualcomm stock was surging on Tuesday after the chip maker said it would partner with Amazon to build data-center infrastructure, including chips and optical networking products.
Shares of Qualcomm jumped 8.3% to $182.82 ahead of the opening bell. Amazon stock was 0.7% lower. Futures tracking the S&P 500 slid 0.1% as investors fretted about rising oil prices.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments