Qualcomm (QCOM.O): Progress in PC business exceeded internal targets.

Market news: Families of Boeing (BA.N) plane crash victims asked a US judge to reject their plea agreement.

The average daily active users of Meta Platforms (META.O) APP "family" in Q2 2024 was 3.27 billion, a year-on-year increase of 7%.

Arm (ARM.O) expects second-quarter revenue of $780 million to $830 million, while the market expects $806.2 million; it expects second-quarter operating expenses to be approximately $500 million, while the market expects $472.7 million.

Arm (ARM.O) shares fell 10% in after-hours trading in the U.S.

Arm (ARM.O) maintained its full-year revenue forecast at $3.80 billion to $4.10 billion, while the market expected $4 billion; it maintained its full-year adjusted EPS forecast at $1.45 to $1.65, while the market expected $1.56.

Meta Platforms (META.O) had advertising revenue of US$38.33 billion in the second quarter of 2024, a year-on-year increase of 22%.

Meta Platforms (META.O) had a net profit of US$13.47 billion in Q2 2024, compared with US$7.788 billion in the same period last year and the market expected US$12.38 billion.

Meta Platforms (META.O) expects infrastructure costs to be the main driver of expense growth through 2025.

Meta Platforms (META.O): For the Reality Labs division, we still expect a loss in 2024.

Meta Platforms (META.O): Capital expenditure is expected to increase significantly in 2025.

Meta Platforms (META.O) expects full-year capital expenditures of $37 billion to $40 billion, compared with its previous forecast of $35 billion to $40 billion and market expectations of $37.53 billion.

Arm (ARM.O) expects second-quarter revenue of $780 million to $830 million, compared with market expectations of $806.2 million.

After the financial report was released, Arm (ARM.O) US stocks fell 4% after the market.

Qualcomm (QCOM.O) expects fourth-quarter revenue of $9.5 billion to $10.3 billion, compared with market expectations of $9.7 billion.

Qualcomm (QCOM.O) had a net profit of US$2.129 billion in Q3 of fiscal year 2024, in line with market expectations of US$2.2 billion and compared with US$1.803 billion in the same period last year.