Qualcomm CFO Says Deal With Amazon Positions Qualcomm To Deliver Strong YoY Rev Growth From FY27 To FY28

S&P 500, Nasdaq Slip as $98 Brent Reignites Inflation Fears: Stock Market Today

Crude near $98 pushes the 10-year Treasury yield above 4.8% for the first time since 2023, hammering the Dow as traders price a Fed rate hike next week.

HSBC Reiterates Buy on Apple, Maintains $366 Price Target

How To Trade SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA

Good Morning Traders! Today’s economic calendar kicks off the shortened trading week with limited scheduled data. The primary economic release comes at 11:00AM ET with the New York Fed’s 1-Year Inflation

Stock Market Today, Sept. 8: Stocks Slide Amid Surging Oil Prices, Persistent Geopolotical Tenisons

Major stock indices declined on September 8, 2026, as rising crude oil prices approaching $100/barrel and geopolitical tensions weighed on markets. The Dow fell 1.18%, S&P 500 dropped 0.58%, and Nasdaq declined 0.31%. Notable movers included Intel gaining 9% on pricing plans, Corning rising 7% on a Verizon fiber deal, while Amgen and Novartis fell sharply following a drug trial setback. Qualcomm signed a major AI chip deal with Amazon worth up to $60 billion.

Why Qualcomm Stock Is Up Today

Qualcomm shares rose 8.7% following a partnership announcement with Amazon to develop custom AI chips for AWS data centers. Amazon also obtained a warrant to purchase up to 25 million Qualcomm shares at $161.26 per share, contingent on up to $60 billion in chip orders. The deal positions Qualcomm to capitalize on the AI data center buildout as smartphone market growth slows.

Qualcomm CFO Says Co. Has Strong Engagement With Another Hyperscaler Beyond Amazon