ARM

U.S. stock futures pointed in different directions Thursday morning, with chip stocks pulling the Nasdaq lower while a strong UnitedHealth earnings report lifted the Dow. Nasdaq 100 futures were off 0.7% and S&P 500 futures edged down 0.2%. Dow futures advanced about 145 points, or 0.3%, as UnitedHealth stock rose 4% following a better-than-expected earnings report. Oil prices held relatively steady, with Brent crude at $84.60 per barrel, down 0.4%. Chip stocks were among the hardest-hit sectors. The VanEck Semiconductor ETF gave up 2.2%, with Arm Holdings off 4% and Taiwan Semiconductor down 3.9%. The selling extended into Europe, as ST Microelectronics retreated 3%, Dutch firm ASMI lost nearly 2.9%, and Germany's Infineon Technologies declined 2.8%. The session's pressure originated in Asia, where SK Hynix cratered 11% in Seoul and the broader Kospi tumbled more than 6%. Taiwan Semiconductor's fifth consecutive quarter of record results offered little comfort to a sector already in retreat. Sandisk, Western Digital, and Micron were among the biggest decliners before the opening bell. Thursday's premarket pressure came after stocks broadly rallied on Wednesday. A U.S. producer price index report that came in below forecasts buoyed hopes that inflation is easing, and better-than-expected results from large banks gave investors further confidence in corporate profits. Easing Treasury yields made growth-oriented shares, particularly in technology, more attractive. Thursday brings additional data and corporate results. Retail sales figures and weekly jobless claims are due at 8:30 a.m. ET. U.S. Bancorp is also on the earnings calendar before markets open, with Netflix set to report after the close. The central question for markets remains whether economic momentum is decelerating sufficiently to restrain inflation without pushing the economy toward a sharper contraction. Michael Kantrowitz, chief investment strategist and head of portfolio strategy at Piper Sandler, said on CNBC's "Closing Bell: Overtime" that rates staying flat or falling is a prerequisite for a broader market rally. "In order for the market to broaden, I believe full stop that you need rates to either move sideways or decline," Kantrowitz said.

CAMBRIDGE, England, July 08, 2026--(BUSINESS WIRE)--Arm Holdings plc (NASDAQ: ARM) will report financial results for the first quarter of fiscal year 2027 on Wednesday, July 29, 2026, after market close. The company will host a conference call via audio webcast at 14:00 Pacific Time (17:00 Eastern Time / 22:00 British Summer Time) to review its financial results and business outlook. The live audio webcast will be available at: https://edge.media-server.com/mmc/p/odrefapr and a replay of the conference call can be accessed on http://investors.arm.com/ shortly afterwards. The replay will be available for four weeks. About Arm Arm is the foundational platform for AI, delivering power-efficient, high-performance computing that touches 100 percent of the connected global population. To meet the insatiable demand for compute, Arm’s platform spans core IP, advanced compute subsystems and purpose-built silicon, giving the world’s leading technology companies the flexibility to design, build and deploy AI at scale. Arm has the world’s largest computing ecosystem, including over 22 million developers, and together we are building the future of AI on Arm. All information is provided "as is" and without warranty or representation. This document may be shared freely, attributed and unmodified. Arm is a registered trademark of Arm Limited (or its subsidiaries or affiliates). All brands or product names are the property of their respective holders. © 1995-2026 Arm Limited. View source version on businesswire.com: https://www.businesswire.com/news/home/20260708344949/en/ Contacts Media Kristen [email protected] Investors Arm Investor [email protected]

(Bloomberg) -- Chip stocks are heading for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go. Most Read from Bloomberg Yen Hits Four-Decade Low in Historic Slide That’s Rattled Japan Trump’s U-Turn on Iran Sanctions Would Unravel Decades of Curbs WhatsApp Opens Username Reservations to 3 Billion Users US Stocks Get Tech Boost After AI-Fueled Selloff: Markets Wrap Prabowo Risks Prompt Global Banks to Pull Cash Out of Indonesia “The story of the past six months is the market going all-in on AI infrastructure, but now people are asking if this is sustainable and if we should be worried,” said CJ Muse, senior managing director and technology analyst at Cantor Fitzgerald. The Philadelphia Stock Exchange Semiconductor Index has soared 81% in the second quarter, putting it on track for its best quarter ever with one day to go. The gauge is up 94% in 2026, which if it holds would mark its best year since the dot-com boom in 1999. In contrast, the tech-heavy Nasdaq 100 Index has gained 25% in the second quarter, while the S&P 500 Index has risen 14%. But just as the celebration is getting going, last week’s selloff provides a sobering wakeup call. The semiconductor index plunged 7.9% for its worst weekly decline since April 2025 as Wall Street increasingly questions the durability of the demand for chips. And there was more volatility on Monday, as the gauge swung from being down 3.2% to close up 3.8%. “The biggest concern is about whether hyperscalers will sustain and grow their investments beyond 2026,” said Muse, who doesn’t expect the spending spree to end anytime soon. Turbulence in chip stocks is nothing new, considering the group is highly cyclical with regular booms and busts. This latest run has been powered by AI demand, which remains robust. So far, the biggest spenders — Microsoft Corp., Amazon.com Inc., Alphabet Inc. and Meta Platforms Inc. — are sticking to their aggressive plans. On the flipside, however, hardware makers like Apple Inc. have been forced to raise prices to account for the high cost of memory chips, pressuring their stocks as analysts worry about potentially weakening demand. And OpenAI is reportedly considering delaying its initial public offer...

The S&P 500 Index ($SPX) (SPY) today is down -0.15%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.30%. June E-mini S&P futures (ESM26) are down -0.17%, and June E-mini Nasdaq futures (NQM26) are up +0.24%. Stock indexes are mixed today, with the Dow Jones Industrials posting a new all-time high. Strength in chipmakers is leading the overall market higher. Stocks also garnered support on better-than-expected US economic reports on US May retail sales, a sign of resilient consumer demand, and May pending home sales. Weakness in telecommunication and trucking stocks is limiting gains in the overall market. Rocket Lab vs. Redwire: 1 Stock Has the Stronger Growth Story for the Next Decade Dear SpaceX Stock Fans, Mark Your Calendars for June 16 Dear Western Digital Stock Fans, Mark Your Calendars for June 22 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Stocks also have carryover support from Monday after the US and Iran agreed to end their war and reopen the Strait of Hormuz, knocking crude oil prices down to a 3.5-month low and stoking risk-on sentiment in asset markets. The market’s focus will be on the conclusion of today’s 2-day FOMC meeting, the first under the leadership of new Fed Chair Kevin Warsh. While the Fed is expected to keep interest rates unchanged, the spotlight will be on how Mr. Warsh navigates the post-meeting press conference and the outlook for inflation. US MBA mortgage applications fell -3.8% in the week ended June 12, with the purchase mortgage sub-index down -3.4% and the refinancing mortgage sub-index down -4.5%. The average 30-year fixed rate mortgage was unchanged from last week at 6.60%. US May retail sales rose +0.9% m/m, stronger than expectations of +0.6% m/m. Also, May retail sales ex-autos rose +0.8% m/m, stronger than expectations of +0.6% m/m. US May pending home sales rose +3.8% m/m, stronger than expectations of +0.9% m/m and the biggest increase in 20 months. WTI crude oil prices (CLN26) recovered from a 3.5-month low today and are moving higher as prices consolidate following this week’s plunge. The eventual resumption of vessel traffic through the Strait of Hormuz could lead to the release of more than 100 laden ships ca...

What happened: Semiconductor stocks, including Intel (INTC), AMD (AMD), and Arm Holdings (ARM), trimmed losses on Thursday after the broader chip sector came under pressure following a disappointing outlook from custom AI chip designer Broadcom (AVGO). High-flying memory and storage names Micron (MU) and Sandisk (SNDK) tumbled more than 7% and 3%, respectively, as investors rotated out of semis and into sectors such as Healthcare and Financial Services. Marvell Technology (MRVL) stock, which had opened in the red, flipped into green territory, rising as much as 5%. What's behind the move: A weaker-than-expected AI chip outlook from Broadcom, coupled with the company's decision to reiterate rather than raise its 2026 guidance, sent the Palo Alto-based company's shares plunging as much as 15% during the session. The sell-off rippled across most of the semiconductor sector, with investors heading for the exits after a blistering rally that pushed many chip stocks to record highs. What else you need to know: Semiconductors have led the broader stock market advance to all-time highs, with many names posting outsized gains in recent weeks. Micron was among the sector's biggest winners last month, surpassing $1 trillion in market capitalization for the first time. Earlier this week, Marvell stock surged nearly 40% over two trading sessions after Nvidia CEO Jensen Huang described the AI accelerator designer as the "next trillion-dollar company." Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre. Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance

Broadcom shares fell Thursday despite a better-than-expected earnings report, leading several chip stocks lower. Analysts said investors may be disappointed Broadcom didn't lift its 2027 forecast of at least $100 billion in AI chip sales. Broadcom's latest quarterly results and forecasts topped Wall Street's estimates. So why is the stock slumping, and leading other chip stocks lower? Broadcom (AVGO) shares were down nearly 15% in recent trading, leading decliners on the Nasdaq, despite solid earnings. Several other chip stocks, including Marvell Technology (MRVL) Advanced Micro Devices (AMD), Nvidia (NVDA), Intel (INTC), and Arm Holdings (ARM), also lost ground, weighing on the major indexes. Some analysts suggested some investors may have been disappointed that Broadcom didn't raise its long-term outlook, given a string of strong results from other semiconductor firms. The chipmaker forecast third-quarter revenue of $29.4 billion, ahead of estimates, but kept its long-term forecasts steady. The pullback in Broadcom's stock following better-than-expected results could speak to how closely earnings from big names in the AI trade are being watched following the recent tech rally. William Blair analysts said investors may have been looking for Broadcom to provide a new target beyond its previous forecast of over $100 billion in AI chip sales next year. Still, the analysts said they remain confident "that Broadcom can maintain its robust growth trajectory." Broadcom reported adjusted earnings per share of $2.44 on a 49% year-over-year jump in revenue to $22.19 billion for its fiscal second quarter. Both figures topped consensus projections compiled by Visible Alpha. William Blair also suggested some investors could be concerned about worsening margins as Broadcom relies more on selling custom chips. Broadcom's gross margins, which came in ahead of estimates at 77% for the second quarter, are expected to decline to about 74% in the current quarter, as Broadcom's business shifts further towards custom chips that compress margins. Even with Thursday's slump, however, Broadcom shares are still up about 18% since the start of the year. They closed at a record high Tuesday, ahead of the company's results. Read the original article on Investopedia

June S&P 500 E-Mini futures (ESM26) are trending up +0.18% this morning as investors became more confident that the U.S. and Iran are nearing a deal. The U.S. and Iran have reportedly reached a tentative deal to extend the ceasefire by 60 days, which would include the reciprocal reopening of the Strait of Hormuz during the first 30 days. It would mark the first phase of a multistage framework, which the U.S. hopes will result in Iran scaling back its nuclear program for decades. “We perhaps have the makings of a deal here,” Treasury Secretary Scott Bessent said on Thursday. A deal is reportedly awaiting approval from U.S. President Donald Trump. The price of WTI crude fell over -1% on Friday. ARM Stock Is Valued for Eternity, But Silicon Has an Expiration Date Ford Stock Is Moving Like Tesla Now. Its Results Can’t Justify the Premium. S&P 500 and Nasdaq 100 Post Record Highs on US-Iran Truce Reports Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! “If a deal is agreed upon, we should see another leg higher in risky assets and lower in rates. Positioning suggests that the rates market should see a greater reaction than equities,” said Mohit Kumar at Jefferies. Sentiment was also supported by some positive corporate news. Dell Technologies (DELL) popped over +37% in pre-market trading after the hardware maker posted upbeat Q1 results and raised its full-year revenue guidance amid surging demand for servers that power AI workloads. Also, Okta (OKTA) climbed more than +7% in pre-market trading after the company reported stronger-than-expected Q1 results and boosted its annual guidance. In yesterday’s trading session, Wall Street’s major indices closed higher, with the S&P 500 and Nasdaq 100 notching new record highs. Chip stocks climbed, with Arm Holdings (ARM) jumping more than +10% and Advanced Micro Devices (AMD) rising over +4%. Also, Snowflake (SNOW) popped over +36% after the data warehousing company reported strong Q1 results, raised its full-year product revenue guidance, and expanded its collaboration with Amazon Web Services. In addition, Agilent Technologies (A) surged more than +16% and was among the top percentage gainers on the S&P 500 after the company posted upbeat FQ2 results and raised its full-year guidance. On th...

Stock Market Today: The Dow Jones index and the other major indexes posted hefty gains on Wednesday. Small caps outperformed the major indexes.

June S&P 500 E-Mini futures (ESM26) are down -0.41%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.30% this morning, pointing to a lower open on Wall Street as oil prices continue to rise amid the stalemate between the U.S. and Iran. The price of WTI crude rose over +1% on Monday amid prospects of a prolonged closure of the Strait of Hormuz. U.S. President Donald Trump said on Sunday on his social media platform that “For Iran, the Clock is Ticking, and they better get moving, FAST, or there won’t be anything left of them.” The remarks heightened concerns that the conflict could shift back into a more active military phase, delaying any normalization of traffic through the waterway. Iran’s Islamic Republic News Agency quoted the Defense Ministry spokesman as saying the Iranian Armed Forces are “fully prepared to confront any new potential attack by the U.S. and the Israeli regime against the country.” Meanwhile, a drone ignited a fire in a power station at the United Arab Emirates’ Barakah nuclear plant on Sunday, while Saudi Arabia said it had intercepted three drones. Nokia Shares Jumped After Cisco’s Strong Quarterly Results. NOK Could Be the Next Networking Winner. Dear Dell Stock Fans, Mark Your Calendars for May 28 NVDA Earnings, Alphabet Conference and Other Can't Miss Items this Week Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! The 10-year T-note yield rose one basis point to 4.61% on Monday as higher oil prices fueled inflation concerns. Investors now see a 70% chance of a 25 basis point Fed rate hike by year-end and are fully pricing in a move by March 2027. Investor focus this week is on an earnings report from chip giant Nvidia, the minutes of the Federal Reserve’s latest policy meeting, and a fresh batch of U.S. economic data. In Friday’s trading session, Wall Street’s major equity averages closed sharply lower. Chip stocks sank, with Arm Holdings (ARM) slumping over -8% to lead losers in the Nasdaq 100, and Micron Technology (MU) sliding more than -6%. Also, cryptocurrency-exposed stocks slid after Bitcoin dropped more than -2%, with Coinbase Global (COIN) falling over -7% and MARA Holdings (MARA) declining more than -6%. In addition, travel stocks fell as oil prices climbed, with United Airlines (UAL)...

Bank of America raised its price objective on Arm Holdings after the chip-design company posted a stronger March quarter, but the firm stopped short of turning more bullish on the stock as investors continue to price in a larger artificial-intelligence opportunity. In the Bank of America note, analyst Vivek Arya reiterated a Neutral rating on Arm and raised the firm’s price objective to $245 from $180. The new target implies about 3.2% upside from the stock’s listed price of $237.30 in the note. Bank of America said Arm’s agentic AI CPU opportunity in both intellectual property and chiplets remains on track, though much of that opportunity may already be reflected in the company’s valuation. Arm’s latest quarter gave investors more support for the long-term AI story, especially as demand for data center and AI-related computing continues to rise. The company reported March-quarter revenue of $1.49 billion, which was above Bank of America’s $1.47 billion estimate and Street expectations of $1.47 billion in the note. Non-GAAP diluted EPS came in at 60 cents, above Bank of America’s 58-cent estimate and Street expectations of 58 cents. Bank of America said Arm’s March quarter was in line with modestly better than expected, driven by continued share and content gains in AI and data center, partly offset by near-term smartphone weakness. The firm pointed to Arm’s positioning across agentic CPUs, including key compute subsystem products and a chiplet opportunity tied to large AI customers. The AI and data center strengths showed up in the company’s numbers. In the Bank of America note, the firm said data center revenue rose more than 100% year over year in the March quarter. It also said Arm reached about 50% share across cloud servers, inclusive of CPUs, switches, and network interface cards. Morgan Stanley raises price targets across semiconductor sector Cathie Wood sells another $15.6M of surging semiconductor stock Analysts rerate Taiwan Semiconductor stock after earnings The firm said royalty content gains, moving from about 50 cents per core to $1 per core, should continue through fiscal 2027, helped by more cores per chip and broader adoption of Arm-based designs. Bank of America also said Arm’s full silicon and chiplet opportunity for artificial general intelligence could contribute more than $8 billion to $10 billion in sales by fiscal 2031. Arm’s own vie...

Arm Holdings plc ARM reported fourth-quarter fiscal 2026 revenues of $1.49 billion, up 20% year over year and above expectations. Adjusted earnings per share came in at 60 cents, beating the Zacks Consensus Estimate by 2 cents. The company also delivered its highest quarterly revenue in history, underscoring the accelerating adoption of Arm-based architectures across cloud, AI and edge computing workloads. Image Source: ARM For the full fiscal year, revenues climbed 23% year over year to a record $4.92 billion. Licensing revenues increased 25% to $2.31 billion, while royalty revenues rose 21% to $2.61 billion. Non-GAAP EPS reached a record $1.77. A major contributor was continued strength in cloud AI deployments. Management noted that data-center royalty revenues more than doubled year over year, fueled by hyperscaler adoption of Arm-based server CPUs, networking chips, DPUs and SmartNICs. ARM also highlighted that it now commands nearly 50% share among top hyperscaler cloud compute deployments. Licensing revenues rose 29% year over year during the quarter to $819 million, reflecting strong customer demand for next-generation compute architectures and ARM’s Compute Subsystems (CSS). Annualized contract value, a key indicator of underlying licensing momentum, grew 22% year over year. Management signed two additional next-generation CSS agreements during the quarter, including one tied to smartphone chips and another for data-center networking silicon. The company also expanded strategic partnerships globally, including an AI technology collaboration with the Indonesian government. Importantly, Arm Holdings’ licensing momentum suggests customers are increasing long-term commitments around AI infrastructure, custom silicon and edge AI deployments. The biggest strategic development this quarter was the growing traction surrounding the Arm AGI CPU platform. Management revealed customer demand across fiscal 2027 and 2028 now exceeds $2 billion, more than double the level discussed during the company’s March Arm Everywhere event. The AGI CPU platform is designed specifically for agentic AI workloads, where CPUs increasingly coordinate tasks, move data, manage memory, enforce security and orchestrate AI accelerators. Management believes data centers may eventually require more than four times the current CPU capacity as agentic AI scales globally. Arm Holdings expec...

The S&P 500 and Nasdaq hit new highs on Iran deal hopes. Nvidia leads new buys with Arm a big earnings mover late.