Qualcomm Stock Momentum Faces A Midweek Stress Test — Apple, Tariffs To Blame?

Qualcomm Inc. QCOM will report its second-quarter earnings on Wednesday. As the company reports after market hours, Wall Street expects $2.81 in EPS and$10.65 billion in revenues.The stock is down 11.44% over the past year, 4.40% YTD. Despite the decline, Qualcomm stock has been an outperformer in the chip sector so far this year. The iShares Semiconductor ETF SOXX is down over 15% YTD while the VanEck Semiconductor ETF SMH is down 14%.Wednesday's post-close earnings will put that momentum to the test. Bey ...