The stock market round-tripped big initial gains as AI plays such as Nvidia retreated. Carvana soared late on earnings.
QCOM earnings call for the period ending March 31, 2024.
Qualcomm (QCOM) delivered earnings and revenue surprises of 6.09% and 0.74%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?