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Goldman Cuts ARM To Sell On Shocking Smartphone Weakness
Goldman Cuts ARM To Sell On Shocking Smartphone Weakness
Arm Holdings ADRs sank nearly 9% in premarket trading, on track for the largest intraday decline in almost a year, after the chip-architecture company reported softer-than-expected fiscal fourth-quarter royalty revenue tied to a slowdown in the smartphone industry, while assuring investors that data center demand can offset the slump.
During an earnings call, Wells Fargo analyst Joe Quatrochi asked Arm CEO Rene Haas:
"Clearly, data centers are very strong and accelerating, but then how do you think about consumer electronics, smartphones, et...
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Jun 10, 2026 / Tyler Durden
EU Targets Head Of Russian Orthodox Church With Sanctions
EU Targets Head Of Russian Orthodox Church With Sanctions
What is there left to sanction in Russia? Apparently the European Union still sees plenty of opportunity to punish Russia over the Ukraine war, and is set to go after even religious leaders, now in year five of the conflict and many sanctions packages later.
The head of the Russian Orthodox Church, Patriarch Kirill, is among many names to be targeted in the EU's latest anti-Moscow sanctions proposal. Kirill has long been accused of justifying the war based on his several patriotic-themed...
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Sep 22, 2026 / Kyle Anzalone
UK to Provide Military Support to Saudi Arabia in War With Ansar Allah
The UK will deploy an RAF midair refueling aircraft to support Saudi Arabia as it wages a war against Ansar Allah in Yemen. “Following a request from the Saudi Arabian Government, the UK has agreed to provide an RAF Voyager air-to-air refueling aircraft to support Saudi defensive activity in support of the legitimate government of […]
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Jul 17, 2026 / Tyler Durden
Why Washington Is Challenging The International Criminal Court
Why Washington Is Challenging The International Criminal Court
Authored by William Brooks via The Epoch Times,
Secretary of State Marco Rubio’s recent announcement of a “whole-of-government” campaign to challenge the International Criminal Court (ICC) has generated predictable discourse worldwide.
The Trump administration is applying diplomatic pressure on allied governments to reconsider their support for the Court. Washington is calling for expanded sanctions against ICC officials, visa restrictions, and renewed insistence that the Court has no lawful authority over citizens of sovereign nations.
For the usual globalist critics, this is just another example of...
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