BlackBerry Falls 2% Despite Record QNX Quarter and Raised Full-Year Outlook; Mobileye Holds Steady
BlackBerry reported quarterly results that beat expectations, posted record QNX performance, and raised its full-year outlook, though its stock fell 2% to $8. The article notes that Mobileye held steady amid this news.
Why it matters — QNX is an automotive software platform, so its record quarter signals strength in the automotive software segment relevant to Mobileye's sector.