These Are the Winners and Losers in the Apple-Qualcomm Settlement

More than two years after the two titans of the smartphone era, Apple and Qualcomm, went to war, peace broke out suddenly and surprisingly on Tuesday. Apple and Qualcomm announced that they had settled all of the patent and royalty lawsuits they had filed against each other. They also said they had agreed to a […]

Qualcomm’s Shares Jump 23% After Settling Feud With Apple

Shares of chipmaker Qualcomm soared 23% on Tuesday after announcing that it had settled a long-running legal feud with Apple over licensing fees. Qualcomm’s shares gained $13.27 to close at $70.45 in regular trading, marking the stock’s best day since 1999. While lifting Qualcomm’s shares, the settlement didn’t help Apple’s stock, which was largely unchanged […]