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Inc. Stock Rises 3.8%, Outperforms Peers","url":"https://stock-news.laohu8.com/highlight/detail?id=2664646883","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664646883?lang=en_us&edition=fundamental","pubTime":"2026-09-01 04:35","pubTimestamp":1788208500,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Qualcomm Inc. rose 3.8% to $170.48 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.3% to 7,686.14 and Dow Jones Industrial Average falling 0.7% to 53,185.90.Qualcomm Inc. closed 34.4% below its 52-week high of $259.92, which the company reached on May 29th.The stock outperformed some of its peers, as NVIDIA Corp. rose 1.5% to $220.78, Broadcom Inc. rose 0.4% to $370.34, and Intel Corp. remained unchanged.Trading volume totaled 11.3 million, compared to the 50-day average of 14.7 million.Data source: Dow Jones Market Data, 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Meanwhile, global oil prices and US Treasury yields both surged, exacerbating pessimism in the stock market. Major US stock indexes fell, led by losses in cloud providers, while memory stocks rallied late in the session. At the close, the Dow Jones Industrial Average fell 0.70% to 53,185.90; the Nasdaq Composite Index slipped 0.12% to 26,370.89; and the S&P 500 Index declined 0.33% to 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This marks Nvidia's largest direct investment outside the United States to date. As the conversion price, maturity, and potential shareholding ratio have not been disclosed, the transaction should be understood as an investment in convertible bonds rather than Nvidia already holding direct equity in 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