The Latest Breaking News from Qualcomm

Talk about the bear market turning the S&P 500 upside down. More than a few growth stocks are now actually cheaper than value.

The Portal, from Chinese company Pimax, is a $299 Android handheld with accessories that turn it into a VR headset.

There are good days and bad days to report earnings. A poor report before or after a good day in the market may soften the blow of an investor's response. And a poor earnings report on a bad day may increase the damage inflicted on the issue.

The stock market fell Thursday despite weaker-than-expected labor costs. Qualcomm and Roku dragged stocks lower.

The Dow Jones Industrial Average dropped Thursday amid jobless claims numbers and other key economic data. Roku stock dived on earnings.

"What we have seen in the smartphone markets is a combination of weak demand and prolonged Covid in China," said CEO Cristiano Amon.

Stock futures lower as markets re-set Fed rate destination; eBay surges after earnings beat, solid holiday outlook; Roku plummets on bleak holiday outlook amid fall ad sales; Qualcomm slumps as muted smartphone outlook clouds Q3 earnings beat and Starbucks earnings likely to focus on China growth, U.S. Wage talks.

Futures fell after the stock market sold off Wednesday on Fed chief Jerome Powell hinting at slower rate hikes but also a higher peak rate.

Wireless-chip giant Qualcomm matched earnings estimates in its fiscal fourth quarter on slightly higher-than-expected sales.