Adobe and Qualcomm said on Wednesday they are partnering with Humain, the artificial intelligence firm backed by Saudi Arabia's sovereign wealth fund, to help the AI company develop tools for generating content in Arabic and for the broader Middle East.
Shares of Qualcomm Inc. NASDAQ: QCOM were down another 2% early on Tuesday, Nov. 18, sliding below $163 as the broader market sell-off began to gain momentum. The move meant they had now erased all post-earnings gains from last month's breakout, leaving the stock down more than 20% from its highs.
The U.S.-Saudi Arabia investment forum to take place in Washington during the visit of Saudi Crown Prince Mohammed bin Salman this week is expected to include CEOs from Chevron, Qualcomm, Cisco, General Dynamics and Pfizer, according to a source familiar with the event.
Artificial intelligence continues to dominate investor attention—and with good reason. But as valuations swell and pullbacks emerge, smart money is shifting toward the infrastructure names quietly powering the trend behind the scenes.
Qualcomm Inc.'s NASDAQ: QCOM chart captures 2025's market tension perfectly. The semiconductor giant spent much of the past six months climbing steadily on optimism around AI, automotive chips, and diversification beyond smartphones.
Q3 Earnings growth continues to improve, with 91% of constituents reporting thus far, S&P 500® EPS growth for Q3 2025 accelerated to 13.1%. This week we get results from an onslaught of recent IPOs such as Gemini Space Station, Via Transportation, Figure Technology, StubHub and more. This marks the final peak week of the Q3 earnings season with 2,697 companies set to release results.
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