To The Moon

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Qualcomm’s outlook was really disappointing and more negative than market’s expectation, which lead to its share price falling 7% post-market trading. FY2Q23 Results in-line… Qualcomm's revenue was better than market’s expectations, thanks to strong flagship model launches. Revenue reached $9.3 billion, surpassing consensus estimate of $9.1 billion and within its prior guidance range of $9.2 to $10.0 billion. QCT revenue was $7.9 billion, exceeding consensus estimate of $7.7 billion and within guidance range of $7.7 to $8.3 billion. QTL revenue was $1.3 billion, falling short of consensus estimate of $1.4 billion and its guidance range of $1.45 to $1.65 billion. The QCT EBT margins were 26.5%, slightly missing the consensus estimate of 27.2% and its midpoint guidance range of 26% to 28%.

At 2:00 pm Eastern Time on May 3, the Fed raised interest rates by 25 basis points to 5.00%-5.25% as scheduled, in line with expectations, announcing that this round of interest rate hike cycle is basically over.Every time the market uses the official announcement of the Fed to try to figure out the connotation of Powell's reply in the question session. The question on the 3rd is very transparent. The following are the main points of his reply:1) Future interest rate policy towards a "data dependent" approach;2) This meeting did not make a clear decision on whether to stop raising interest rates;3) More data is needed to see whether the Fed funds rate is sufficiently restrictive;4) More rate hikes are still possible if greater monetary policy constraints are required;5) It is too early to

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