TD Cowen raises Qualcomm’s (QCOM) price target to $235 from $200 and keeps its buy rating. Bernstein names Broadcom (AVGO) a best idea. Alphabet (GOOGL) and Microsoft (MSFT) both announce layoffs and Alphabet’s layoffs are impacting several teams in Google’s Cloud Unit. Caroline Woods weighs in on these stories. Tune in to find out more about the stock market today.

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