Qualcomm Stock Price Plummets 10 Percent After Ruling
Qualcomm Inc QCOM Stock Chart 5.23.19
Qualcomm stock price is tossed back into the uncertainty that the Apple settlement seemed to cure
Judge demands changes to most profitable business, but nobody seems to know what they will be.
Qualcomm Inc. investors thought some of its biggest legal issues were abating after the company’s recent agreement with Apple Inc., but a federal court ruling has tossed the chip maker right back into a sea of uncertainty.
U.S. District Court Judge Lucy Koh late Tuesday sided with the Federal Trade Commission, which filed an antitrust lawsuit against the company in 2017.
marketwatch.com/qualcomm-stock-price-plummets
China says trade talks can’t continue unless US addresses its ‘wrong actions’
The latest U.S. actions on trade are preventing negotiations with Beijing from proceeding, China’s Commerce Ministry said Thursday.
“The U.S. … crackdown on Chinese companies not only seriously damages the normal commercial cooperation between both countries, but it also forms a great threat to the security of the global industrial and supply chain,” Gao said.
