Qualcomm's fiscal Q1 results exceeded expectations with $12.25B revenue, but disappointing Q2 guidance citing memory supply shortages triggered a 9% pre-market stock decline, exposing vulnerabilities in the semiconductor supply chain and raising questions about the company's growth trajectory.
Match Group exceeded Wall Street expectations with Q4 revenue of $878 million and net income up 32% to $210 million, despite a 5% decline in paying users. The results suggest the company's youth-focused turnaround strategy is gaining traction, sending shares up 7% after hours.
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