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News

TECHNOLOGY

Qualcomm planning investments in Chinese start-ups

Qualcomm Inc. (Nasdaq: QCOM) announced late Wednesday that it has committed to investing up to $150 million in Chinese startup companies across all stages.

Qualcomm profit forecast misses estimates, fueling China concern

Qualcomm Inc., the biggest maker of mobile-phone chips, forecast fiscal fourth-quarter profit that may fall short of analysts’ estimates, citing challenges to its technology-licensing business in China.

BofI Holding completes $50M stock offering, begins another

BofI Holding Inc. (NASDAQ: BOFI), parent company of BofI Federal Bank, reports completing its $50 million at-the-market common stock offering, which commenced in March 2013.

PERSONAL FINANCE

Dealstruck adds new senior leadership team

Daily Digest

Other Finance Headlines:

San Diego Stock Exchange

WTI Oil Declines After U.S. Gasoline Supplies Rise; Brent Steady

July 24 (Bloomberg) -- West Texas Intermediate declined after inventories of gasoline expanded for a third week in the U.S., the world’s largest oil consumer. Brent fell in London.

Crude oil futures down amid rising gas supplies

West Texas Intermediate crude declined with losses in gasoline as U.S. inventories of the fuel expanded for a third week, threatening to depress refining margins. Brent also fell.

Jobless Claims in U.S. Unexpectedly Decrease to Eight-Year Low

July 24 (Bloomberg) -- The number of Americans filing applications for unemployment benefit unexpectedly dropped last week to the lowest level in more than eight years.

Facebook surges, global tensions weigh heavy on trading

Corporate earnings reports continued to drive stock market activity Thursday. The balance between positive and negative reports led to a standoff on prices.

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