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Qualcomm (NASDAQ: QCOM) Announces Secondary Offering of 17,826,566 Shares

Qualcomm (NASDAQ: QCOM) disclosed that selling shareholders will collectively resell 17,826,566 shares of its common stock, each with a par value of $0.0001. The prospectus supplement was filed on July 31, 2026, marking a notable secondary distribution for the chipmaker and expanding the publicly …

Vinay Lochav | 03 August 2026

Quantum Computing Could Realize $437B Bitcoin Exposure by 2028

IBM anticipates that its investments in quantum computing will begin having a measurable impact on its earnings between 2028 and 2029. The company's CEO, Arvind Krishna, indicated that the push into quantum technology is aligned with projections suggesting a trillion-dollar market value by the …

Vinay Lochav | 03 August 2026

Record Kospi Gain Fuels 20% Jump in Samsung, Hynix Stock

South Korea's chip giants, SK Hynix and Samsung Electronics, experienced their largest stock rally ever, soaring over 20% on Friday following a record gain in the Kospi index. The Kospi achieved its best-ever daily performance, a stark contrast to the tumultuous recent history marked …

Vinay Lochav | 03 August 2026

Reddit's Strategy Shift as Google's AI Reshapes Traffic Dynamics

Reddit is managing a challenging environment as CEO Steve Huffman revealed that Google’s AI Overviews are unable to replace the traditional search results, often referred to as the "10 blue links," which previously drove substantial referral traffic to the site. Huffman highlighted the decline …

Vinay Lochav | 03 August 2026

Renesas Electronics Highlights Growth Strategies During Q2 Earnings Call

Strategic Initiatives Highlighted in Q2 Earnings Call

Vinay Lochav | 03 August 2026

Alnylam (NASDAQ:ALNY) Sinks 28% on an Amvuttra Guidance Cut, Is the RNAi Commercial Supercycle Stalling?

Alnylam (Nasdaq:ALNY) reported second-quarter 2026 results on 30 July, filed with the SEC as Exhibit 99.1 to an 8-K that day. The stock closed the session at $205.48, down 28.31% from the prior close of $286.62, onVolumeof 9.75 million shares, roughly seven times the …

Nitish Kishor | 03 August 2026

Amgen (NASDAQ:AMGN) Slips From a Record Ahead of Q2 Earnings, but the Pipeline Test That Matters Is Still Months Away

Amgen (Nasdaq:AMGN) ended at $385.16, a little under 2% below the record close of $393.10 it set on 28 July, according to aggregated market data data. That 28 July session was the year's most violent: shares leapt roughly 4.5%, though vendors put the figure …

Nitish Kishor | 03 August 2026

Arrowhead Pharmaceuticals (NASDAQ:ARWR) Has Already Re-Rated: Can RNAi Partnerships Turn Scientific Promise Into Durable Revenue?

Pharmaceuticals (Nasdaq:ARWR). Arrowhead's transformation from a licensing shop into a commercial company has a date on it: when the FDA approved REDEMPLO (plozasiran) as an adjunct to diet to reduce triglycerides in adults with familial chylomicronemia syndrome. It is dosed as a subcutaneous injection …

Nitish Kishor | 03 August 2026

Ascendis Pharma (NASDAQ:ASND) Falls 2.9%: Can Its Endocrine Franchise Turn Breakthrough Science Into Scale?

Ascendis Pharma (Nasdaq:ASND) closed at $243.91 at last closing, down $7.16, or 2.85%, on the day. That single session sits inside a longer fade: the American depositary shares have given back roughly 12% since closing at $277.18 on 8 July, and now trade nearer …

Nitish Kishor | 03 August 2026

Axsome (NASDAQ:AXSM) Slides 7.1% on Profit-Taking, and the Sunosi ADHD Program Is Further Off Than It Looks

Axsome Therapeutics (Nasdaq:AXSM) closed at $217.99 at last closing, down $16.65 or 7.10% on the session, according to aggregated market data. The drop more than erased the prior day's 3.17% gain and capped a week in which the stock fell from $241.00 on 24 …

Nitish Kishor | 03 August 2026
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