Qualcomm shares shares closed 23.21% higher on Tuesday, adding over $16 billion to its market cap in just over an hour, after settling a long-running legal dispute with Apple over patent royalties.
The bottom line: Wall Street cheered the chipmaker's removal of a very dark cloud.
A braver man than me holds a speciment of the Asian giant hornet. Photo: Karen Ducey/Getty Images
Entomologists in Washington state on Thursday discovered the first Asian giant hornet nest in the U.S.
Why it matters: You may know this insect species by its nom de guerre: "the murder hornet." While the threat they pose to humans has been overstated, the invading hornets could decimate local honeybee populations if they establish themselves.
Illustration: Aïda Amer/Axios
Joe Biden. Photo: Sean Rayford/Getty Images
After spending an additional $45.2 million on political ads this week, former Vice President Joe Biden has become the highest-spending political candidate on TV ads ever, according to data from Advertising Analytics.
By the numbers: In total, the Biden campaign has spent $582.7 million on TV ads between 2019 and 2020, officially surpassing Michael Bloomberg's record spend of roughly $582 million. Biden's spend includes his primary and general election advertising.