Diamonds and Dogs


Does the President like Qualcomm? Chipmaker, Qualcomm is up 3% on news President Trump may allow chipmakers to once again sell components to China's second-largest telecommunication company, ZTE. Qualcomm performed well last week after announcing a $10 billion buyback. Adding the cherry to the top, China which blocked a deal between Qualcomm and NXP Semiconductor will now review the merger once again.

Betting is now legal. The Las Vegas casinos are lower including the Wynn-less Wynn Resorts (WYNN) after the U.S. Supreme Court ruled that states can legalize sports betting. No need to go to Sin City anymore, but for some reason I think many people will still seek out Las Vegas.

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