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Nasdaq futures opened up 2% on Friday, boosted by after-hours gains in chip stocks such as Micron Technology (MU.O).
NATO Secretary-General Rutte: Germany and other allies are increasing their efforts to increase defense spending.
"Fed Speaker" Nick Timiraos: Some forecasters who convert US PPI and CPI data into May PCE expect that the US core PCE will record a strong reading, and the gap (divergence) between it and the CPI is large. It is expected that the core PCE growth rate will reach 3.4% year-on-year when it is released on Thursday.
US President Trump: Iran war powers vote is meaningless.
US President Trump: Oil companies are not lowering gasoline prices enough; spoke to oil companies today.
Qualcomm (QCOM.O) CFO: The company has the opportunity to increase annual revenue to US$100 billion.
Qualcomm (QCOM.O): The company aims to achieve personal AI and computing business revenue of approximately US$6 billion in fiscal 2029.
Qualcomm (QCOM.O): The goal is to achieve approximately US$8 billion in industrial, network and robotics business revenue in fiscal 2029.
Qualcomm (QCOM.O): The total estimated value of automotive business orders (Design-win Pipeline) has expanded to US$65 billion.
Qualcomm (QCOM.O): By fiscal 2029, the mobile phone business is expected to account for about one-third of its core semiconductor business unit revenue.
U.S. Vice President Vance: U.S. officials are reviewing Türkiye’s compliance with U.S. laws in purchasing Russian S-400 missile defense systems.
US President Trump: Exxon Mobil, Chevron and other companies are under investigation due to soaring natural gas prices.
Qualcomm (QCOM.O): The company aims to achieve Internet of Things (IoT) revenue of more than $14 billion in fiscal 2029.
Qualcomm (QCOM.O): Targets non-GAAP earnings per share (EPS) of more than $18 in fiscal 2029.
Qualcomm (QCOM.O) CFO: The company aims to achieve approximately US$10 billion in automotive business revenue in fiscal 2029.
Qualcomm (QCOM.O) CFO: Two ultra-large-scale custom chip customers will bring in $1 billion in revenue in fiscal 2027.
Qualcomm (QCOM.O) CFO: The company aims to achieve data center revenue of more than US$15 billion in fiscal 2029.
Qualcomm (QCOM.O): It has raised its non-mobile phone business revenue target for fiscal year 2029 to US$40 billion; approximately twice the previous fiscal year 2029 target.
Qualcomm (QCOM.O) U.S. stocks rose more than 14% after the market closed. Qualcomm’s CFO stated that it aims to achieve US$5 billion in AI data center business revenue in fiscal year 2027.
US President Trump: Progress has almost been made in communication with NATO Secretary-General Mark Rutte.