Qualcomm China Investigation; Applied Digital Rises; Levi Lower
On this episode of Stock Movers:- Qualcomm (QCOM) is lower on news China is probing Qualcomm for suspected violation of the anti-monopoly law, according to a statement from the State Administration for Market Regulation. Qualcomm failed to meet China’s anti-monopoly requirement of reporting acquisition of Autotalks, a direct vehicle-to-everything communication solutions provider, to the regulator, the statement says.- Applied Digital (APLD) is higher after the firm said it’s now in advanced discussions with a hyperscaler client for its second data center campus in North Dakota…
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