Home » Morning News: Qualcomm’s first-quarter results exceeded expectations, Liu Qiangdong donated 14.5 billion JD.com stock_Dezhou_Company_Business

Morning News: Qualcomm’s first-quarter results exceeded expectations, Liu Qiangdong donated 14.5 billion JD.com stock_Dezhou_Company_Business

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Original title: Morning News: Qualcomm’s first-quarter performance exceeded expectations, Liu Qiangdong donated 14.5 billion Jingdong shares

Author: bigmouth catfish

Qualcomm’s first-quarter results easily beat expectations

Global mobile chip giant Qualcomm (QCOM.NASD) released its quarterly report after the U.S. stock market closed on Wednesday, and its first-quarter results easily beat market expectations. The company has slightly overweighted its second-quarter performance guidance, which means that its business climate is still improving. In the first quarter ended December 26, the company’s revenue reached $10.7 billion, compared with an expected $10.42 billion, an increase of 30% year-on-year; net profit (non-GAAP) was $3.686 billion, a year-on-year increase of 47%, adjusted Earnings per share came in at $3.23, compared with expectations of $3.01, up 49% year over year. (Financial Association)

Liu Qiangdong donated 14.5 billion Jingdong shares

On February 2, JD.com announced that Liu Qiangdong, chairman and CEO of the company’s board of directors, will donate 62,376,643 Class B ordinary shares to charitable organizations for charitable purposes. As of the close of U.S. stocks on February 2, Jingdong Group fell 2.49% to $73.21 per share. The value of the donated shares was close to $2.3 billion (about 14.5 billion yuan) (Securities Times)

Largest bitcoin miner in Texas closes ahead of cold air

Crypto miner Riot Blockchain shut down most of its large bitcoin-producing operations in Texas to save electricity. It was the strongest cold air since the Texas grid collapsed last year. The company voluntarily began reducing power usage for bitcoin mining servers at its Whinstone plant in northeast Austin, spokeswoman Trystine Payfer said in an email. As of Wednesday, the mining site’s energy consumption had been reduced by about 98 percent. The mining site uses enough electricity to power 60,000 homes in the state. (Financial Association)

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Zuckerberg: Plans to launch a mobile version of the virtual reality experience ‘Horizon World‘ this year

Zuckerberg, CEO of META PLATFORMS, said that it plans to launch a mobile version of the virtual reality experience “horizon world” this year; the impact of IOS will continue until 2022, the company focuses on video content and attracting young people; global monthly Over 150 million users browse business directories on whatsapp. (Financial Association)

In order to stabilize the stock price of China Telecom, sell the plan

On January 27, China Telecom (601728.SH) announced that the controlling shareholder China Telecom Group plans to increase its holdings by no less than 500 million yuan within 12 months from January 28, 2022. This increase will not set a price range. The source of funds for the increase in holdings is its own funds. The 4 billion yuan shareholding increase plan disclosed by the company on September 22, 2021 is still within the implementation period, and will be implemented separately from this stable share price increase plan. Since its listing in August 2021, China Telecom’s stock price has been in a state of decline, and it will break the net after it breaks. As of the close on January 28, the company’s share price was reported at 4.16 yuan per share. (Financial Association)Return to Sohu, see more

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