Hi everyone,
Im not a financial advisor and this is not financially advised.
Qualcomm has really held up really despite all the corrections, I still believe it will fall due to Qualcomm being high growth tech, and im assuming FEDs will increase the interest rate, or at least come up with a plan of how they will raise it. this will have a big compact on the growth companies since they need to debt to grow rapidly.
Im not a financial advisor and this is not financially advised.
Qualcomm has really held up really despite all the corrections, I still believe it will fall due to Qualcomm being high growth tech, and im assuming FEDs will increase the interest rate, or at least come up with a plan of how they will raise it. this will have a big compact on the growth companies since they need to debt to grow rapidly.
Comment:
feds didnt raise interest rate as much, 0,25% and that why im not very bearish on qualcomm anymore. but now we have to observe for a couple of days, see how investors react with this interest rate since interest rate raise its kind of fatal for a tech growth company
Comment:
its seems like the interest rate have had a big impact on tech companies, im still bearish on this one until Earning & Revenue