Business

Stock Market Moves in Tech Sector

Updated 2026-06-24 22:25 UTC 1 source Positive

Qualcomm's stock is soaring due to new revenue targets and a partnership with Meta Platforms, while Cerebras' stock has dropped more than 50% from its peak.

Coverage timeline — 2 articles

MarketWatch

Qualcomm’s stock is soaring as these big numbers excite Wall Street

Shares of Qualcomm soared on Wednesday after the company announced new revenue targets and a partership with Meta Platforms.

2026-06-24 22:06 UTC

MarketWatch

Cerebras’s stock sinks below IPO price in a major blow to early investors

The once-high-flying AI chip maker’s stock has now dropped more than 50% from its all-time intraday high hit six weeks ago.

2026-06-24 22:06 UTC