Qualcomm said it would provide Apple with its 5G smartphone modems through 2026.

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Stocks Close Near Session Lows as Investors Digest Russia-Ukraine Conflict
Stocks closed near session lows Thursday as investors continue to digest the Russia-Ukraine conflict. Wall Street also continues to watch inflation as energy prices and other costs rise across the board, ahead of the Federal Reserve's March meeting, widely anticipated to bring a quarter-point rate hike. Reva Shakkottai, senior vice president and financial advisor at RBC Wealth Management, joins Closing Bell to discuss today's market close, the Fed's movement on inflation amid Chairman Jerome Powell's congressional testimony, market valuation, and more.
Zoom CFO on Post-Pandemic Offerings Without Price Increases
Video conferencing service Zoom rolled out a flurry of announcements that included a new Zoom Phone, Zoom Events, and Zoom Contact Center in an effort to transition the company from a pandemic darling to a post-pandemic business — while keeping the product accessible. Kelly Steckelberg, CFO of Zoom, joined Cheddar News to talk about the transition while still remaining affordable. "We currently have no plans to raise our prices," she said. "We focus on bringing as much value as possible to our customers. We often add new features and functionality without any incremental prices across the board."
Comcast on Internet Usage Growing More Than Ever in 2021, Future of 10G
Even as pandemic restrictions slowly began winding down through 2021, cable and internet provider Comcast's 2021 Network Report showed that average internet consumption increased. Activities like content streaming and online gaming grew between 10 and 20 percent, according to the study. Elad Nafshi, chief network officer for Comcast, joined Cheddar News to share what he thinks will happen with our new online habits in a post-pandemic world. "Beyond, the traditional game downloads, streaming gaming, which falling into the purposes is just like streaming 4K video for us, is starting to pick up and, and certainly we'll watch that consumer behavior continue," he said. Nafshi also discussed the company's investments in 10G technology, its future generation of network speed.
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