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South Korea issues 20-year government bonds at a yield of 3.610%, according to the finance...
Badr Jafar: Private sector must shoulder stability in times of war
Tesla Settles Last-Minute Over Fatal 2018 Model S Crash That Killed Florida Teen
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Asia stocks mixed amid Iran uncertainty; KOSPI hits record high on AI rally
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South Korean Battery Stocks Rally on Mercedes-Benz Partnership
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Three Ships Including an Iranian Vessel Attempt Hormuz Transits
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Coinbase Faces Legal Challenges Amid Board Restructuring
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Lululemon to Open Eight New Stores in Mexico as Part of North American Expansion
Cadence Design Systems Stock Rises Amid Geopolitical Concerns
Snowflake's Fair Value Estimate Reduced Amid AI Growth
Indonesia Exchange Chief Reports MSCI Acknowledgment of Proposals
Japan's Finance Minister Addresses Market Volatility
Middle East crisis: ‘Highly unlikely’ Iran ceasefire will be extended if no deal reached, Trump says
Indonesia exchange chief says MSCI has acknowledged its four proposals, which is...
Indonesia exchange chief says dialogue with global investors continues to strengthen the capital...
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Tim Cook Has Left 'Big Shoes' To Fill, Says Dan Ives — Gene Munster And Sam Altman React To The Handoff And John Ternus's Rise As Apple CEO
CCE 2026 Wrapped Up with Record-Breaking Global Participation and Innovation
AI Boom Propels Kospi to Record as Tech Giants Defy War Jitters
Fitch projects a slight narrowing in China’s fiscal deficit, which is expected to remain elevated...
SentinelOne Shares Rise Amid Geopolitical Tensions
Fitch Highlights China's Resilience to Energy Shocks Amid Domestic Demand Weakness
Fitch Reports Weak Consumer Confidence in China Affects Domestic Consumption
Fitch: China’s domestic consumption is unlikely to pick up meaningfully in the near term amid weak...
Global Stock Rally Resumes, Oil Dips on Iran Talks: Markets Wrap
Fitch: China is resilient to global energy shocks, though domestic demand continues to be...
Chesapeake Utilities to Host its First Quarter 2026 Earnings Conference Call and Webcast on May 7, 2026
Chinese Copper Output Hits Record on Tailwind From Sulfuric Acid
Robinhood CEO Discusses Personal Definition of Success
Walmart Updates Great Value Brand to Meet Demand for Affordable Options
Morgan Stanley Upgrades UnitedHealth Group to 'Top Pick' with $375 Price Target
Gold edges lower with US-Iran talks, Fed chair succession in focus
Fresh from the Trading Room: Priced for peace
Petronas and Terengganu sign MoU to collaborate on exploring nature-based solutions...
Samsung SDI stock rises sharply, up 14%....
Apple Inc. Set for Leadership Transition as Tim Cook Steps Down as CEO
Amazon.com Named One of the Top Dow Stocks by Bank of America
Marvell Technology Gains $5 Billion in Market Cap Amid AI Chip Partnership Talks
Adobe Launches CX Enterprise AI Platform for Enhanced Customer Experience
Delta Air Lines Adjusts Climate Goals Amid Fuel Supply Challenges
Guggenheim Increases Price Target for Johnson & Johnson
Oil Prices Decline Amid Anticipation of US-Iran Negotiations
Jefferies Increases Price Target for UnitedHealth Group
BNP Paribas Downgrades QUALCOMM Amid Smartphone Market Challenges
QUALCOMM Incorporated, a major player in the semiconductor industry, has been downgraded by BNP Paribas from Outperform to Neutral. This decision was made by analyst David O’Connor, who also reduced the company's price target from $180 to $120.
O’Connor highlighted ongoing difficulties in the smartphone market as a key factor influencing this downgrade. He indicated that there appears to be no immediate resolution to the challenges facing the smartphone sector, which could impact QUALCOMM's performance in the near future.
Despite the downgrade, QUALCOMM remains a part of a select group of high dividend stocks identified by billionaire investor Ray Dalio, reflecting its ongoing appeal to certain investors.
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Source: KLEA News