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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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May 19, 2026 / Adam Dick
NPR is Doing Alright Without US Government Funding
National Public Radio (NPR) show All Things Considered aired a report Monday concerning how NPR is doing after the elimination of United Sates government funding. The overall assessment came in roughly as “Things are going alright.” David Folkenflik reported in the segment that NPR is suffering from an eight million dollars shortfall, amounting to a […]
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Mar 13, 2026 / Tyler Durden
Italian Diplomatic Sources Deny Talks With Iran To Open Hormuz
Italian Diplomatic Sources Deny Talks With Iran To Open Hormuz
Update(1140ET): Italy denies talks with Iran, but still nothing official on a public level from government ministers:
No negotiations are under way with Iran to guarantee safe passage through the Hormuz Strait for Italian ships or oil tankers, an Italian Foreign Ministry source has told Reuters, denying a report in The Financial Times.
“In their diplomatic contacts, Italian leaders want to favour the conditions for a general military de-escalation, but there is no under-the-table negotiation aimed at preserving only some merchant ships...
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Jul 11, 2026 / Kurt Nimmo
Trump’s 1,000 Missiles Locked and Loaded
If the Art of the Deal fails, threaten them with total destruction. That’s what Trump did Friday night with another irrational post to his Truth Social. 1000 Missiles are Locked and Loaded and aimed at the Islamic Republic of Iran, with thousands of more to immediately follow, should the Iranian Government act on its threat, […]
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