Here are analysts' top stocks to buy in the first quarter.The S&P 500 closed out 2020 at all-time highs on optimism surrounding additional government stimulus measures and a potential global economic rebound in 2021. Honor is working with Qualcomm to develop 5G smartphones that are expected to hit the market in May or June, sources said, adding that the partnership will first focus on mid-range products. The underlying index lost 0.4% in the cash session, with investors growing concerned about the path for Federal Reserve policy now that signs of faster inflation are emerging.In Europe, the Stoxx Europe 600 Index followed through, dropping as much as 0.7%, dragged lower by energy and mining shares. “And that is before the remake America bills come through with the almost certain increases in taxes.”The record climbs in stocks have stretched valuations to levels not seen in two decades, prompting warnings of a bubble that will lead to a rapid selloff. SoftBank“We, SoftBank have already been providing a few XR services for 5G and 4G customers today,” said Yoshiaki Adachi Vice President, Product Division, SoftBank Corp. “We are excited that XR viewers enabled by Qualcomm Technologies will further enrich the user experience of those services in this year or beyond.”. ZTE has always kept open and positive attitude toward XR strategy, dedicated to providing ultimate 5G experience for consumers,” said Luo Wei, Vice President of ZTE Corporation and Director of Product Operation Center of ZTE Mobile Devices. H.C. Wainwright analyst Ram Selvaraju points in the direction of Sorrento Therapeutics (SRNE), as one such company. JPMorgan also released loan-loss reserves for the second straight quarter.Also in Wells Fargo’s fourth-quarter results:Revenue fell 10% to $17.9 billion, missing analysts’ estimates of $18.1 billion.The bank’s efficiency ratio, a measure of profitability, worsened to 83% from 81% in the third quarter. China Mobile will work with Qualcomm Technologies and other companies to continuously explore the technological innovation and deployment strategies of 5G + XR applications. Sorrento owns roughly 8.2 million shares of the clinical-stage immunotherapy company. The ESG mega-trend sent trillions of dollars pouring in last year. Lower figures indicate that operating expenses account for a smaller share of revenue. Deutsche Telekom will be contributing to the XR ecosystem with critical network enablers, from edge computing to 5G to best home connectivity and combining it with great content such as music, concerts, sports events as well as gaming. Qualcomm® XR Optimized Certification Program helps to make XR Viewers a 2020 reality, Lightweight, head-worn devices that connect to a smartphone powered by Qualcomm® Snapdragon™ 855 or 865 Mobile Platforms, XR viewers are glasses tethered to a 5G-enabled smartphone via USB-C cable. China Unicom “The 5G-enabled high bandwidth and low latency, combined with the immersive and interactive experience provided by XR, will bring remarkable changes to the entire industry. Deutsche Telekom works with leading partners to unleash the full potential of XR, including XR viewer company Nreal, in conjunction with Qualcomm Technologies’ to ensure compatibility and interoperability between smartphones and XR viewers. But the real boom could be set to take off beginning January 20th. We are working on an exciting integrated XR service – stay tuned.”, HTC“At HTC VIVE we view the pairing of 5G and XR technologies as a foundational aspect of the next wave of technology development,” said Steve Wang, Vice President, Vive Wave Ecosystem. "The NUVIA team are proven innovators, and like Qualcomm, have a strong heritage in creating leading technology and products. Lenovo has a 5G laptop based on Qualcomm technology, but Samsung, a close partner of Qualcomm, on Wednesday unveiled its first 5G laptop -- without Qualcomm chips. (To watch Selvaraju’s track record, click here) So, what’s behind the optimistic outlook? We are very pleased to combine our advantages in 5G and cloud network collaboration with Qualcomm Technologies’ leading XR technology, giving full play to technical expertise from both sides, to jointly drive the deployment of 5G and XR in industrial, medical, education and consumer fields in 2020,” said Chen Li, Deputy General Manager of Tianyi Telecom Terminals Company Limited. Â, Black Shark “Currently, the most popular mobile games are all one-dimensional, which limits the immersive gaming experience to players, especially when with control, audio, and visual experiences. Qualcomm’s longtime CEO Steve Mollenkopf plans to retire on June 30, 2021, and the company’s board of directors has selected Cristiano Amon as the next CEO. 5G technology is now packed into a … Playtika, a developer of casino and mobile games, raised $1.9 billion with an initial public offering that gave it a valuation near $11 billion. QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report, Comtech Telecommunications Corp. (CMTL) : Free Stock Analysis Report, NIO Inc. (NIO) : Free Stock Analysis Report, Sonim Technologies, Inc. (SONM) : Free Stock Analysis Report. We are now excited to explore XR viewers, which is a great accessory to unlock immersive experiences to our 5G-enabled smartphones and we are happy with the Qualcomm XR Optimized Certification Program to ensure compatibility between Smartisan devices and the rest of the ecosystem. What is at least slightly different about Vanguard’s perspective is that its model suggests that investors have been correct in shunning value stocks, at least until the last few years. His bill sets aside $20 billion for a national vaccine program and $50 billion to expand testing capacity.Signs of froth abound, though. Today, you can download 7 Best Stocks for the Next 30 Days. Selvaraju rates SRNE a Buy along with a $30 price target, which implies a 275% upside from current levels. We share the same vision that XR will soon transform the way we interact fundamentally,” says Sean Seaton, SVP Group Partnering and Devices, Deutsche Telekom. Verizon“Our 5G Ultra Wideband network will create transformational experiences for our customers, and our work with Qualcomm Technologies to push the XR ecosystem forward is one example of how that takes shape,” said Brian Higgins, Verizon senior vice president of consumer device marketing & product. Notably, the alliance will not only enhance NIO’s premium vehicle with improved driving experiences but also highlight the importance of Qualcomm’s expertise in connectivity and computing to meet the rising demand of autonomous vehicles amid smart mobility scenarios.Headquartered in Shanghai, China, NIO is a well-known automobile company that specializes in the manufacture of smart EVs and autonomous vehicles. The advance of AR/VR device, such as the popularization of 6 DoF VR headsets or competitive AR glass, will be one of the main drivers to accelerate the market rapidly, and we are sure that Qualcomm Technologies’ 5G solutions and XR viewers will facilitate the proliferation of AR/VR use cases and user base,” said Jeon Jin-soo, Vice President and Head of 5GX Service Business Group, SK Telecom. Lucas, Executive Vice President Customer Equipment & Partnerships, Orange, “Panasonic has demonstrated the world's first HDR Capable & Ultra-high definition VR glasses prototype at CES 2020 in Las Vegas and it was very well received by the industry", said Michiko Ogawa, CTO, Appliances Company, Panasonic Corporation. “With 5G-enabled phones that can take advantage of high bandwidth and low latency, users will be able enjoy the next level of immersive content experiences in the XR ecosystem. With a combination of 5G connectivity and compact, lightweight, ultra-high image quality VR glasses, we hope to deliver highly immersive experiences for live music & sports events in 2021 and beyond.”, “Qualcomm Technologies and Pico have a long and deep history of cooperation starting with our first-generation VR AIO to the current Pico Neo 2 VR headset, powered by Snapdragon XR Platforms,” said Henry Zhou, CEO, Pico. Make 5G + VR / AR enter consumer life faster,” said Xiong Wen, CEO, iQiYi Smart Tech co., ltd. “We have been envisioning 5G and XR as key pillars in KDDI’s business strategy for years and we are eager to integrate telecommunications and life designs to make it a consumer reality in 2020,” said Shinya Muramoto, Deputy General Manager, Business & Services Development Division, Personal Business Sector, KDDI CORPORATION. In a concerted effort to reinforce the growing influence of electric vehicles (EVs) globally, Qualcomm Incorporated QCOM recently collaborated with NIO Inc. NIO. Markedly, the deliveries of the same are slated to begin in 2022.Backed by such indigenous products and technology collaborations, the San Diego, CA-based wireless technology company is focused on three areas — computing, connectivity and electrification. Qualcomm Announces Expiration of Registered Exchange Offer for Notes Issued in Connection with Prior Private Exchange Of... Qualcomm Announces Expiration of Registered Exchange Offer for Notes Issued in Connection with Prior Private Exchan.... Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, today at Augmented World Expo (AWE), celebrates the milestone of partnering with global operators, smartphone OEMs and XR viewer manufacturers to deliver XR viewers to consumers and enterprises within the next year. As part of the expense trimming, he’s embarked on workforce reductions that could ultimately number in the tens of thousands. But Qualcomm won't just use Nuvia's high-performance and battery efficient technology for data centers. Since Qualcomm Technologies’ device category introduction of XR viewers tethered to 5G smartphones, fifteen global operators including China Mobile, China Telecom, China Unicom, Deutsche Telekom, EE, KDDI, KT, LG Uplus, NTT DOCOMO, Orange, SK Telecom, SoftBank, Telefonica, Verizon and Vodafone have shared plans to sample and commercialize XR viewers to provide immersive, never … Virgin Galactic and other space stocks jumped Thursday on hopes for a new space-focused exchange traded fund. The Playtika IPO exceeded expectations. ©2021 Qualcomm Technologies, Inc. and/or its affiliated companies. About Qualcomm Qualcomm is the world’s leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G.  When we connected the phone to the internet, the mobile revolution was born.  Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly. Currently, we are actively working with the three major Chinese operators and multiple smartphone OEMs, in order to launch the upcoming 3Glasses X1S in Q3 2020 and make it connect to more 5G smartphones,” said Wang Jie, CEO and Founder, 3Glasses. This will bolster future-proof automotive innovation technologies while delivering immersive interactive experiences to its users.It is worth mentioning that Qualcomm is known for providing several auto giants with best-in-class digital cockpit technologies in the era of 5G intelligent and connected vehicles. However, some operate at the opposite end of the spectrum, and could yet offer investors untapped opportunities. In a statement, Qualcomm … Connecting an XR Viewer to a 5G smartphone can prove the ‘MY NETWORK’ concept and demonstrate 5G’s high-speed and ultra-low latency. Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.4% per year.These 7 were selected because of their superior potential for immediate breakout.See these time-sensitive tickers now >>, Want the latest recommendations from Zacks Investment Research? The firm earned $9.3 billion in net interest income for the quarter, compared with the $9.4 billion analysts expected. AA Partners. Zacks Investment Research. In lieu (au) of hosting its annual Snapdragon Tech Summit in Maui, Qualcomm today took the event virtual, unveiling its upcoming premium-tier Snapdragon 888 5G Mobile Platform to a global audience and looking to the future of 5G with partners, including Verizon, NTT DoCoMo, Sony Mobile Communications, OnePlus and more. Using ultra-thin optical technology to realize the ultra-light wearing experience of glasses, opening up the content of IQIYI platform and multi-screen scenes such as web pages / documents / movies / mobile games / mailbox / WeChat video chat, etc. Qualcomm is the world’s leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G.  When we connected the phone to the internet, the mobile revolution was born.  Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly. Its 5G NR mmWave distributed radio unit for Rakuten’s 5G network uses Qualcomm’s FSM100xx 5G chipset. Shares of this Zacks Rank #2 (Buy) company have soared 72.2% compared with the industry’s growth of 39.2% in the past year. “We believe that the incentive to facilitate the large-scale and indeed ubiquitous deployment of the COVI-TRACE test is extremely high and governments worldwide may seek to implement this in their respective regions,” the 5-star analyst opined. With research and development facilities based in Beijing, Munich, Shanghai, San Jose, London along with six other locations, the company is also involved in the first single-seater, all-electric racing series — FIA Formula E Championship.Interestingly, NIO is also known for launching one of the world’s fastest electric cars, the EP9, in 2016. Qualcomm said it expects commercial products based on the RB5 platform to be available in 2020. If you aren’t doing this already, you need to start. (Bloomberg) -- Wells Fargo & Co. posted worse-than-expected expenses in the fourth quarter and took charges of more than $1 billion for restructuring and addressing old account scandals as the bank struggles to cut costs in the midst of the pandemic.Non-interest expenses fell 5.2% to $14.8 billion, roughly half the decline analysts predicted, as firms across industries grapple with heightened costs tied to Covid-19. ... i3 Equity Partners. In this way, it can satisfy the multiple scenarios demands of consumers, operators, and industry customers, creating a prosperous ecosystem in the era of 5G pan-intelligence.”. The bank said Friday that 2021 net interest income will be flat to down 4% from the annualized fourth-quarter level, which was $36.8 billion.Rival JPMorgan Chase & Co. also reported fourth-quarter results Friday, posting record profit after a surge in trading and investment-banking fees helped its Wall Street unit close out its most profitable year ever. Written by Nandagopal Rajan | New Delhi | Updated: October 22, 2020 8:23:46 pm. Partners look forward to Qualcomm RB5 platform. “The potential of AR is near limitless and we look forward to helping grow the ecosystem in collaboration with Qualcomm Technologies to bring new experiences to the users. Qualcomm’s Latest Flagship Snapdragon 888 5G Mobile Platform to Power the New Samsung Galaxy S21 Series, Qualcomm and NIO Bring Immersive Driving Experiences with Intelligent Cockpit and 5G Technologies to NIO ET7, Qualcomm Announces Cristiano Amon Appointed Chief Executive Officer-Elect. The Qualcomm XR Optimized Certification Program includes:Â. Qualcomm has lined up a number of customers and partners in support of the new Snapdragon 888 platform: carrier partners Verizon and NTT DoCoMo, and handset makers Sony, OnePlus, and Xiaomi. Are any pot stocks good buys now amid profitability challenges? However, as they were both Buys, the word on the Street is that SRNE is a Moderate Buy. The company plans to use Qualcomm’s 5G RAN platforms through its network vendors and device partners. Qualcomm cited several studies in its announcement of the RB5 platform. (Updates shares in 10th paragraph. While Comtech sports a Zacks Rank #1 (Strong Buy), Sonim carries a Zacks Rank #2. Honor and Qualcomm didn’t comment on Caixin’s inquiries about the matter. Materials that are as of a specific date, including but not limited to press releases, presentations, blog posts and webcasts, may have been superseded by subsequent events or disclosures. We are excited to further work with Qualcomm Technologies, our long-valued partner, in exploring new possibilities like these in the 5G era.”, “At OPPO, we continue to expand our diverse portfolio of technological offerings by delivering new 5G experiences,” said Levin Liu, OPPO Vice President, Head of OPPO Research Institute. Today, you can download 7 Best Stocks for the Next 30 Days. This is a critical achievement to ensure large usage across device ecosystem,” said Ph. “Collaborating with Qualcomm Technologies, KT wants to provide IPTV customers more immersive and vivid experiences through 5G and VR technology.”, "In 2019, we commercialized VR HMDs connecting to 5G smartphones and offered over 1,500 VR experiences including 3D VR videos and 4K ultra high-definition videos with content spanning; gaming, performances, live sports, movies, educational content and more,” said Daewon Song, Vice President of Future Device Unit, LG Uplus. It works in conjunction with state-of-the-art technologies like cellular vehicle-to-everything and dual SIM dual active platform that will aid NIO to develop differentiated telematics products for the new-age connected vehicles supported by innovative applications.Meanwhile, Qualcomm’s 3rd Generation Snapdragon Automotive Cockpit Platform has a unified software framework with high-end AI competences that features immersive graphics, rear seat entertainment, in-car or external camera processing capabilities and premium audio, among other benefits. “In collaboration with Qualcomm Technologies, Motorola’s 5G smartphones are now available at over 100 partners across the globe. By: Tech Desk | New Delhi | Updated: February 27, 2019 3:39:24 pm Qualcomm is also working with various other smartphone manufacturers like Xiaomi, LG, Oppo and … Multiple XR viewer manufacturers are in development including 3Glasses, iQIYI, Nreal, OPPO, Panasonic, Pico and Shadow Creator are going through the certification process to be able to quickly deploy with Snapdragon-powered devices in the coming months. These platforms are designed to enable network vendors to speed up the deployment and commercialization … "5G, the convergence of computing and mobile architectures, and the expansion of mobile technologies into other industries are significant opportunities for Qualcomm," said Cristiano Amon, president and CEO-elect at Qualcomm. Other Covid-19 candidates include COVIGUARD - a SARS-CoV-2 neutralizing antibody, COVI-AMG - an affinity-matured version of the COVIGUARD neutralizing antibody, a neutralizing antibody cocktail named COVI-SHIELD and COVIDTRAP, an ACE2 receptor decoy, intended to imitate the mammalian ACE2 receptor that acts as the primary portal for the SARS-CoV-2 virus to penetrate human cells. With the boom of global 5G industry, we continue to develop possibilities of XR technology, including the XR viewer and release the power of 5G ecosystem to our consumer in new ways,” said Fred Wong, General Manager of Smart Devices, vivo. However, the high bandwidth and low latency brought by 5G, Black Shark believes games enhanced by XR technology will bring unprecedented experiences and hold great appeal for gamers starting in 2020,” said Mr. William Song (Song Gang), Vice President of Black Shark Product Center. Citing people familiar with the matter, the WSJ report said several people involved in valuing the asset complained that they were being forced to use unrealistic assumptions about how quickly the company could drill wells in the Permian Basin to arrive at a higher value. Celularity is expected to go public later this year via a SPAC merger with GX Acquisition Corp. Want the latest recommendations from Zacks Investment Research? Magic Leap. It is very important to do your own analysis before making any investment. At the beginning of the 5G era, NTT DOCOMO is advocating the ‘MY NETWORK’ Concept where a smartphone is the hub and provides the 5G connectivity for various peripheral devices and services such as an XR device,” said Seiji Abe, Vice President and General Manager of Product Department, NTT DOCOMO, Inc. “XR has the potential to change the current paradigm and create a new communication culture in the 5G era. “The Qualcomm XR Optimized Certification Program helps us connect our ultra-thin VR glasses with 5G smartphones, making the form factor most suitable for consumers in the 5G era. There are two certifications, one for smartphone and one for the XR viewer to allow the OEMs (both smartphone and viewers) to verify optimization between multiple phones and multiple viewers without requiring them to conduct one-on-one optimization. Qualcomm And Partners Unveil Cutting-Edge Mixed Reality Viewers For 5G Connected Experiences Marco Chiappetta Contributor Opinions expressed by Forbes Contributors are their own. Honor, the budget smartphone unit sold by Huawei Technologies Co in November as part of its response to US blacklisting, is working with American chip supplier Qualcomm on 5G devices, according to Chinese media.A former consumer brand run by Huawei, Honor is expected to launch smartphones with Qualcomm 5G chipsets in May or June this year, local media Caixin reported on … The major U.S. equity-indexes are hovering around all-time highs, and a question that frequently pops up these days, is whether some companies’ valuations might be overstretched. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. Some better-ranked stocks in the industry are Comtech Telecommunications Corp. CMTL and Sonim Technologies, Inc. SONM. 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