Qualcomm Inc.

Jim Cramer's 10 most important things to watch in the Friday market: Hot jobs, chip issues, FedEx looks OK

Jim Cramer’s 10 most important things to watch in the Friday market: Hot jobs, chip issues, FedEx looks OK

My Top 10 Things to Watch Friday, December 2, 2022 1. US stock futures point to a weaker open as bond yields rise on stronger-than-expected job growth and wage inflation in November. Non-farm payrolls increased by 263,000. The country’s unemployment rate remains, as expected, at 3.7%. Average hourly earnings up 0.6% month-over-month and 5.1% year-over-year, …

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US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run

US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run

It’s understandable why the United States felt the need to act quickly to keep powerful semiconductors out of the hands of the Chinese government. It’s best to move from a position of strength before it’s too late. However, as chip stock shareholders, it still hurts. As you may recall, Club holding Nvidia (NVDA) was particularly …

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