The focus of Arm Holdings, a major British semiconductor com...

yoruageha wrote a post · Jul 26, 2024 06:22

The focus of Arm Holdings, a major British semiconductor company, on its earnings report for the April-June quarter of 2024, which will be released after the closing of the American stock market on the 31st, is whether the full-year performance outlook will be upwardly revised. In the previous earnings report in May, the full-year outlook fell below market expectations and the stock price declined. Since then, the stock price has recovered sharply, but if the announcement disappoints investors again, there is a risk of a significant decline in the stock price. Speculation about the US presidential election is also looming as a downside pressure on semiconductor stocks, and there is a possibility that the confusion will escalate.

Arm's earnings for the April-June quarter are expected to increase by 34% in total revenue.

Arm: Upward revision of growth outlook? Earnings report on the 31st, also affecting the confusion of semiconductor stocks.

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