Why Qualcomm is outperforming the rest of the market today?

Qualcomm (NASDAQ: QCOM) is one of Tuesday’s biggest movers, climbing 4% even as most of Wall Street headed lower. The jump came after the chipmaker announced a major data center partnership with Amazon (NASDAQ: AMZN) Web Services. Qualcomm told the Securities and Exchange Commission that Amazon received warrants covering 25 million Qualcomm shares. Amazon can...