
Qualcomm shares drop 11% despite beating earnings, hit by weak profit outlook and handset sales slump.
Qualcomm reported Q4 FY2026 earnings that beat Wall Street estimates with EPS of $2.17 and revenue of $10.32 billion. However, the stock fell 11% due to a soft profit outlook and a 26% year-over-year decline in handset revenue, which overshadowed rec...




