Good MorningU.S. stocks were mixed late Thursday, with the Dow holding gains while the tech-heavy Nasdaq lagged as Big Tech weakness weighed on sentiment. Micron stood out after a stronger-than-expected earnings report sparked a rally in memory-chip and storage stocks, with analysts pointing to AI data center demand, tight supply, and more durable pricing trends.
Elsewhere in technology, several high-profile growth names came under pressure. Palantir extended its June slide, The Trade Desk remained near recent 52-week lows, Netflix fell to its lowest level in roughly 20 months, and Alphabet slipped amid fresh concern over AI talent departures. Alibaba also dropped after Anthropic alleged the company used fake accounts to extract capabilities from Claude models. Qualcomm gained attention after raising longer-term targets tied to data center and edge AI opportunities.
Macro and consumer headlines remained in focus. Chicago Fed President Austan Goolsbee said core inflation was still too high, keeping rate-cut expectations sensitive to incoming data. Apple’s price increases and broader concerns about hardware costs added to worries that some inflation pressures may persist despite relief from cheaper energy. Crypto-linked assets weakened as bitcoin volatility pressured sentiment, though the ETF flow and liquidation details should be confirmed with a live crypto market source before publication. Featured: An event four years in the making (Ad) 
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Markets | |
Space infrastructure has rapidly transitioned from a playground for speculative venture capital to a strictly physical, cash-flow-driven defense business. For investors tracking this sector, the challenge is finding businesses that balance high-growth addressable markets with actual, sustainable pr... Read the Full Story |
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From Our Partners | | Porter Stansberry says a dollar reset is underway - one that has happened only once before in America's 250-year history, back in 1974 with a secret Saudi deal that reshaped an entire generation's wealth.
Today, a landmark treaty called Pax Silica - signed by 13 nations in December 2025 and barely covered in the press - is at the center of what Fortune calls 'the biggest change to the world's relationship with the dollar' in a generation. The stocks to buy, the assets to avoid, and the moves to consider are outlined in Stansberry's new briefing. | | Read the full briefing and see how to position yourself now |
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Consumer Discretionary | |
Carnival (NYSE: CCL) just reported its second fiscal quarter, and it’s clear from the numbers that the company is sailing in the right direction. But warning signs of rough waters ahead spooked investors.
Based on the latest figures, Carnival continues to execute one of the stronger post-pandemic r... Read the Full Story |
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Retail/Wholesale | |
Domino’s Pizza, Inc. (NASDAQ: DPZ) announced the retirement of Chief Executive Russell Weiner Monday afternoon, and investors weren't pleased.
The news sent the already struggling stock to a 52-week low and prompted several analysts to lower their price targets.
The announcement comes as Domino'... Read the Full Story |
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From Our Partners | | Biotech analyst Jeff Brown is going on record: a rare convergence of three forces is set to hit by July 23, triggering what he calls the next golden age of biotech. In the past 40 years, this has happened only three times - and each time, small plays doubled and tripled in days.
Already, early movers are posting gains of 292% in 9 days and 526% in 3 months. Brown is hosting a free briefing - The Biotech Moment - on Wednesday, July 1, at 8 p.m. ET, including details on three small biotech plays he believes could launch soon. | | Register free for The Biotech Moment briefing on July 1 |
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Technology | |
Microsoft (NASDAQ: MSFT) investors just got an answer to the question hanging over the artificial intelligence (AI) infrastructure trade. Where does the power come from?
On June 22, Chevron (NYSE: CVX) and Microsoft signed a 20-year power purchase agreement. The deal funds Project Kilby, a 2.67-gig... Read the Full Story |
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Technology | |
How do you value an empire of visual history in the age of artificial intelligence (AI)? For years, stock photo agencies operated as transactional utilities, licensing single images to advertisers and publishers. Today, the fundamental ground is shifting.
The multi-year display partnership between ... Read the Full Story |
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From Our Partners | | Biotech stocks have already posted gains of 25%, 108%, 256%, 453%, and even 850% in a matter of hours - and analyst Jeff Brown says the biggest move is still ahead.
Brown believes three powerful forces are converging to trigger the next golden age of biotech, beginning July 23. He is laying out the full case at a live event called The Biotech Moment on Wednesday, July 1, at 8 p.m. ET. | | Click here to register for The Biotech Moment on July 1 |
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Manufacturing | |
In a world where bigger is better, Cerebras Systems (NASDAQ: CBRS) seems to be well positioned. Instead of linking numerous AI cores together, creating data transfer bottlenecks along the way, Cerebras Systems chips are massive, comparable to dinner plates, housing thousands of cores in each.
The a... Read the Full Story |
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Technology | |
Micron’s (NASDAQ: MU) fiscal Q3 results and the strength of its outperformance highlight a persistent problem in today’s market: there is a fundamental misunderstanding of the AI trade. AI isn’t a niche; it's not a bubble. It is the evolution of technology, and that evolution is accelerating.
Lead... Read the Full Story |
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Technology | |
For years, the narrative surrounding artificial intelligence (AI) infrastructure focused on a single bottleneck of obtaining enough physical graphics processing units to train and run massive models. While hardware scarcity defined the early artificial intelligence boom, a structural shift is activ... Read the Full Story |
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Finance | |
European banks delivered their best performance in years in 2025, and investors have been tempted to take profits during the sector’s recent pullback. But this rally is no bubble, and there’s plenty of evidence international bank stocks are still undervalued compared to their domestic peers.
Europe... Read the Full Story |
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Technology | |
Paychex's (NASDAQ: PAYX) stock price declined following its fiscal Q4 earnings report, as macroeconomic headwinds, hiring woes, cautious guidance, and acquisition hurdles weighed on the price action.
However, those same macroeconomic headwinds and hiring woes have yet to be reflected in the jobs da... Read the Full Story |
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Friday's Early Bird Stock Of The Day Qualcomm Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and related products to the United States government agencies and their contractors. The company was incorporated in 1985 and is headquartered in San Diego, California. | Should I Buy Qualcomm Stock? QCOM Bull and Bear Case Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Qualcomm was last updated on Sunday, June 21, 2026 at 6:13 PM.
Qualcomm Bull Case -
The current stock price is around $193, which is significantly lower than its 1-year high of $259.92, suggesting potential for price appreciation.
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QUALCOMM Incorporated has a strong return on equity of over 42%, indicating effective management and profitability relative to shareholder equity.
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The company recently announced an increase in its quarterly dividend to $0.92, reflecting a commitment to returning value to shareholders, with a yield of 1.6%.
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QUALCOMM Incorporated is expanding into AI data center silicon, which positions the company to capitalize on the growing demand for AI technologies and infrastructure.
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The company has authorized a $20 billion share repurchase program, signaling confidence from management in the company's valuation and providing potential support for the stock price.
Qualcomm Bear Case -
QUALCOMM Incorporated's revenue for the latest quarter was down 3.5% year-over-year, indicating potential challenges in maintaining growth.
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The price-to-earnings (P/E) ratio of 24.58 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
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Despite a strong return on equity, the company has a relatively high price-to-earnings-growth (P/E/G) ratio of 27.97, which may indicate that future growth expectations are already priced in.
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Market volatility is reflected in the company's beta of 1.59, suggesting that the stock is more volatile than the market, which could pose risks for conservative investors.
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QUALCOMM Incorporated's net margin of 22.31% is solid, but any further decline in profitability could raise concerns about its competitive position in the semiconductor industry.
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