Qualcomm beats Q2 estimates, authorizes new $20B share buyback, but Q3 guidance falls short. Q2 rev $10.60B vs est $10.56B, adj EPS $2.65 vs $2.55. Q3 rev guide $9.2B-$10.0B (est $10.26B), adj EPS $2.10-$2.30 (est $2.43).

Japan conducts yen-buying operation, Nikkei reports. The intervention marks a significant move in currency markets to support the Japanese yen.

Japan has conducted a yen-buying operation, according to a report by Nikkei.

Samsung projected to outearn Apple, Microsoft, and Alphabet this year; two more memory giants expected in top-10 profit list.

Samsung is projected to outearn Apple, Microsoft, and Alphabet this year, with two additional memory companies expected to join the top-10 profit list.

Adam Wyden's hedge fund offers to buy Meineke owner Driven Brands for nearly $3 billion, WSJ reports.

Adam Wyden's activist hedge fund has offered to acquire Meineke owner Driven Brands for nearly $3 billion, according to a letter viewed by The Wall Street Journal.

Brazil posts largest budget deficit since pandemic last month, far worse than expected. Government made court-ordered payments and ramped up stimulus before October election.

Brazil posted its largest budget deficit since the pandemic last month, much worse than expected, as the government made court-ordered payments and ramped up stimulus before October’s election.