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Meta, Qualcomm, other tech shares down as results indicate recession fears

Meta Platforms fell over 3% after the Facebook owner posted its first-ever quarterly drop in revenue and issued a gloomy forecast, echoing a warning last week from ad tech rival Snap.

Qualcomm posts strong earnings, as demand for chips stays high

Handset sales remain the main driver of chip company’s top-line growth; CEO pursues diversification

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