Qualcomm pushes 5G tech into chips for cheaper phones

Qualcomm pushes 5G tech into chips for cheaper phones

San Diego-based Qualcomm is the biggest supplier of processors for smartphones and the modem chips that connect the phones to wireless data networks. The company's chips featuring fifth-generation (5G) cellular telecommunications technology are currently in many premium-priced smartphones such as Samsung Electronics Co Ltd's Galaxy devices....

Beyond Meat (BYND) Remains Promising, but the Stock Is Too Expensive

Beyond Meat (BYND) has been one of 2020’s star performers. A sparkling recent earnings report, and several promising international deals have acted as catalysts for the stock’s outstanding performance. To wit, shares have increased by 100% since the turn of the year.The company’s CEO Ethan Brown recently presented at William Blair’s 40th Annual Growth Stock Conference and firm analyst Jon Andersen was there to get the lowdown.In a challenging macro environment, Beyond’s products appear to be holding up well.For the four-week period leading up to May 17, the company’s sales grew by 134%, compared to the overall plant-based category’s also rather impressive 64% uptick.In the same period, BYND held the top four best-selling SKUs (stock keeping units) in all of plant-based meat, while market share increased to 19% (or 560 basis points).In the summer, the company will expand its product line, when it will introduce value packs with 10 plant-based patties costing half...

Oracle Expects Flat Sales on Fewer Corporate Software Deals

(Bloomberg) -- Oracle Corp. projected stagnant revenue in the current quarter, signaling the company may not see a revival of new license sales after clients in the hospitality and retail industries delayed software purchases amid the coronavirus pandemic.Sales will be in a range of a 1% gain to a 1% decline year-over-year in the period ending in August, Chief Executive Officer Safra Catz said Tuesday in a conference call. The midpoint of no revenue growth matched analysts’ estimates, according to data compiled by Bloomberg. Excluding some items, profit will be 84 cents to 88 cents a share, with the midpoint again in line with analysts’ projections.Catz and Executive Chairman Larry Ellison have sought to renew growth at Oracle, the world’s second-biggest software maker, which has expanded to cloud applications, servers and public cloud services. The shift to internet-based computing caught the 43-year-old tech giant off guard and it’s still struggling to...