Bloomberg Market Wrap 11/6: Russell 2000, Qualcomm, Nu Skin

The video discusses the performance of the Russell 2000 index, highlighting its recent trends and potential bullish signs. It also covers Qualcomm's financial results, noting a small beat in earnings and revenue, while expressing caution for the next quarter. The discussion includes Qualcomm's gross margins and the impact of 5G developments. Additionally, the video examines Nu Skin's market challenges, particularly in China, and the resulting stock decline, with Citibank's neutral rating due to regulatory pressures.

What level does the Russell 2000 need to surpass to indicate a bullish trend?

• 1700

• 1600

• 1500

• 1800

How did Qualcomm's fiscal fourth quarter results compare to analysts' expectations?

• They significantly exceeded expectations

• They were below expectations

• They met expectations

• They slightly exceeded expectations

What is a key concern for Qualcomm's future performance according to analysts?

• Rising production costs

• Declining market share

• 5G ramp-up

• Increased competition

What was a major factor in New Skin's stock decline?

• Regulatory environment in mainland China

• Product recalls

• Poor marketing strategy

• Increased competition

How much has New Skin's stock declined over the year?

• 25%

• 30%

• 35%

• 40%