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via finance.yahoo.comTech & AI

Arm shares fall 7% despite better-than-expected earnings

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Arm Holdings (ARM) delivered better-than-expected quarterly earnings, but weaker royalty growth highlighted the challenges facing its smartphone business, according to its fiscal second-quarter earnings release. Shares plunged 7% early…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWeaker smartphone royalty growth weighs on the stock despite beating earnings estimates.AI-generated summary
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Arm Holdings plc American Depositary SharesARMStock168.26 USD-0.22%today -12.27%Negative QUALCOMM IncorporatedQCOMStock152.58 USD-2.83%today -11.90%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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