Qualcomm Rises on New $10 Billion Buyback Plan

Shares of Qualcomm were up 2% in late trading after it said its board approved a new $10 billion buyback plan to replace the prior $15 billion plan, which is almost out of ammo. Some bulls have been hoping new buybacks will ease frustrations on the part of investors about the diminished financial outlook for the company.

Tech Today: Match Faces Facebook, Cutting Broadcom, Twilio Rising

Shares of Match slip as its chief addresses concerns about Facebook getting into the dating game, the Street is oddly quiet about Facebook's re-organization, Twilio and GoDaddy are two starts of the earnings reports Tuesday afternoon, Etsy and fiber-optic component makers and chip technology maker Ceva are losers of the reports, Micron shares get cut at Instinet because of declining wireless chip revenue prospects, and Morgan Stanley has some very conflicted feelings about Micron despite being positive on the chip maker overall.

Tech Today: Arista Storms Cisco’s Turf, Impinj Soars, Snap’s New Blood

Arista shares rose as analysts generally were enthusiastic about its decision to challenge Cisco in the switches that power corporate networks, Snap hired the former head of IR for Amazon as its new CFO, Qualcomm is ending its attempt to challenge Intel's server chips, shares of beaten-down wireless tag vendor Impinj soared after its results suggest it is on the mend, fellow tagging company Zebra surged on its own quarterly report, and Toshiba's attempt to sell its NAND flash chip business to private equity has run up against China's regulatory roadblocks.

Earnings Roundup: Arista Tanks; Pandora, Viavi Surge

Arista Networks tanked on an unimpressive forecast, Pandora surged as its results beat, as did shares of fiber-optic chip vendor Viavi, while GoPro's upbeat outlook couldn't keep the shares aloft, and Universal Display, maker of technologies for smartphone screens, traded lower on its muted outlook.

Ams CEO Everke Envisions a Vast Universe of Sensors

Alexander Everke wants to take Austria's Ams AG from being just a bit player in Apple's iPhone to being a powerhouse of sensors. He has pursued a slew of M&A deals to assemble what he believes is an unstoppable assortment of sensor chips under one roof.

Ams CEO Everke Envisions a Vast Universe of Sensors

Alexander Everke wants to take Austria's Ams AG from being just a bit player in Apple's iPhone to being a powerhouse of sensors. He has pursued a slew of M&A deals to assemble what he believes is an unstoppable assortment of sensor chips under one roof.

Tech Today: Tesla’s Bizarre Q&A, Xiaomi IPO, Defending Spotify

Tesla's Elon Musk's abrupt dismissal of analysts on his earnings Q&A is labeled as "truly bizarre" and "unorthodox" and sends shares down sharply, China smartphone maker Xiaomi files for Hong Kong listing, Square gets an upgrade to Buy at Stifel despite mixed results, Spotify is defended by bulls after its first-ever earnings report sent shares down, Qorvo shares are still reeling from weakness in mobile chips, and Logitech is one of the big bright spots in earnings.

Earnings Roundup: Sprint, Tableau Shine, Square, Fitbit Drop

Tesla shares sagged after the bell even though it vowed to be profitable next quarter, Spotify and Square were dogs of the afternoon on weak forecasts, Tableau Software surged as it said it increased its buyback war chest, and chip maker Qorvo was higher despite being caught in the soggy smartphone market.

Tech Today: Amazon Fizzles, Intel Shines, Microsoft Rebounds

Amazon lost much of its post-market gains from Thursday evening despite rave reviews for its earnings report, Intel caused the bears to rethink their assumptions, Microsoft rebounded from losses after its forecast came in higher than expected, and talks between Sprint and T-Mobile US are reportedly heating up.

Earnings Roundup: Amazon, Intel Shine; Microsoft, KLA Sag

Intel and Amazon's are the stars of Thursday afternoon's earnings reports, both surging in late trading as their quarterly results and outlook topped expectations. Microsoft stock sagged despite its better-than-expected report. Cypress Semi and Western Digital did alright, but KLA-Tencor and Maxim Integrated both traded down.