11 AI News and Ratings You Should Not Miss

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9. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 100 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. On November 5, the firm posted earnings for the fourth fiscal quarter, reporting earnings per share of $2.69, beating market estimates by $0.12. The revenue over the period was $10.2 billion, up more than 18% compared to the revenue over the same period last year and beating analyst expectations by $310 million. The firm also issued guidance numbers for the first quarter of next year, saying it expected revenue of $10.5 billion-$11.3 billion, versus $10.61 billion consensus, and Non-GAAP diluted EPS of $2.85-$3.05, versus $2.87 consensus.

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