Recent news reports indicate that Arm Holdings approached Intel about acquiring its product division but was rebuffed. According to Bloomberg News, an unnamed source stated that Arm did not express interest in Intel's manufacturing operations and the chipmaker declined the offer as the unit is not for sale. This development comes amidst challenges faced by Intel, prompting restructuring efforts within the company.
Meanwhile, Lithuania's foreign minister has called for Ukraine to be allowed to freely use arms provided by international allies. He expressed this view during an interview with Reuters on Thursday, stating his hope that Kyiv would be able to utilize weapons recently announced by Washington to strike deeper into Russia. This statement highlights the ongoing debate surrounding military aid and its potential impact on the conflict in Ukraine.
In other news, Morgan Stanley's private equity arm is reportedly exploring a sale of Sila Services, a residential services company valued at approximately $1.5 billion including debt. The exploration comes as investors seek opportunities within various sectors amidst fluctuating market conditions.
Arm Holdings stock experienced a decline of 5% on Tuesday following news about lower-than-expected sales for the new iPhone, which accounts for roughly half of Arm's royalty revenue. This highlights the interconnectedness of global tech giants and their reliance on each other's success.
* AI generated summary of articles
ARM News
7-Oct-2024 3:05 PM CST - Business Wire Arm Announces Earnings Release Date for Second Quarter Fiscal Year Ended 2025 Arm Holdings plc (NASDAQ: ARM) today announced it will report financial results for the second quarter of fiscal year 2025 on Wednesday, November 6, 2024, 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. Financial and other statistical information will be discussed on this conference call. The live audio we
2-Oct-2024 9:00 AM CST - Zacks Arm Holdings Stock Dips 19% in 3 Months: Is This a Buying Opportunity? Shares of Arm Holdings plc ARM have experienced a notable decline, dropping 19.1% in the past three months, while the broader industry has risen 5.1%. In the most recent trading session, ARM closed at $136.
1-Oct-2024 5:17 PM CST - The Motley Fool Why Arm Holdings Stock Lost 5% on Tuesday Arm makes roughly half of its royalty revenue from the iPhone, so it wasn't surprising to see the stock reacting poorly to the news. Arm stock closed down 4.9%, while Apple lost 2.9%. According to multiple analysts, sales of the new iPhone are down year over year after its first weeks on the market.
30-Sep-2024 10:15 AM CST - Benzinga A Look Into ARM Holdings Inc's Price Over Earnings In the current market session, ARM Holdings Inc. ARM stock price is at $142.22, after a 2.31% decrease. However, over the past month, the company's stock went up by 14.93%, and in the past year, by 175.
29-Sep-2024 6:41 PM CST - Action News Jax Railroad crossing arms stuck in Bostwick, Putnam County officials say Putnam County officials are warning Bostwick residents that railroad crossing arms are stuck in the down position at the intersection of Palmetto Bluff and US 17.Officials say it's a power issue and CSX is aware.
28-Sep-2024 5:19 AM CST - MSN Intel breaks silence on sale offers: Here's what company told 'chip company' ARM Arm recently made an inquiry to acquire Intel's product division that sells chips for PCs, servers, and networking equipment but was turned down. This development comes as Intel faces severe challenges and restructures its operations.
27-Sep-2024 1:49 PM CST - Yahoo Finance Morgan Stanley's private equity arm explores sale of HVAC firm Sila, sources say Morgan Stanley's middle-market buyout arm is exploring a sale of Sila Services that could value the residential services company at about $1.5 billion, including debt, people familiar with the matter said on Friday.
27-Sep-2024 1:40 PM CST - MSN Arm Rebuffed by Intel On Buying Unit Arm approached Intel about potentially buying the chipmaker's product division, only to be told that the business isn't for sale, according to a source, who points out that Arm didn't express interest in Intel's manufacturing operations.
27-Sep-2024 11:09 AM CST - tom's Hardware Questionable report claims Arm approached Intel to buy products group and got rejected Arm Holdings reportedly approached Intel Corp. with interest in acquiring Intel's product division, which develops and sells processors for PCs, servers, and networking gear. Intel declined, stating the division is not for sale,
Recent news reports indicate that Arm Holdings approached Intel about acquiring its product division but was rebuffed. According to Bloomberg News, an unnamed source stated that Arm did not express interest in Intel's manufacturing operations and the chipmaker declined the offer as the unit is not for sale. This development comes amidst challenges faced by Intel, prompting restructuring efforts within the company.
Meanwhile, Lithuania's foreign minister has called for Ukraine to be allowed to freely use arms provided by international allies. He expressed this view during an interview with Reuters on Thursday, stating his hope that Kyiv would be able to utilize weapons recently announced by Washington to strike deeper into Russia. This statement highlights the ongoing debate surrounding military aid and its potential impact on the conflict in Ukraine.
In other news, Morgan Stanley's private equity arm is reportedly exploring a sale of Sila Services, a residential services company valued at approximately $1.5 billion including debt. The exploration comes as investors seek opportunities within various sectors amidst fluctuating market conditions.
Arm Holdings stock experienced a decline of 5% on Tuesday following news about lower-than-expected sales for the new iPhone, which accounts for roughly half of Arm's royalty revenue. This highlights the interconnectedness of global tech giants and their reliance on each other's success.
* AI generated summary of articles
ARM News
7-Oct-2024 3:05 PM CST - Business Wire Arm Announces Earnings Release Date for Second Quarter Fiscal Year Ended 2025 Arm Holdings plc (NASDAQ: ARM) today announced it will report financial results for the second quarter of fiscal year 2025 on Wednesday, November 6, 2024, 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. Financial and other statistical information will be discussed on this conference call. The live audio we
2-Oct-2024 9:00 AM CST - Zacks Arm Holdings Stock Dips 19% in 3 Months: Is This a Buying Opportunity? Shares of Arm Holdings plc ARM have experienced a notable decline, dropping 19.1% in the past three months, while the broader industry has risen 5.1%. In the most recent trading session, ARM closed at $136.
1-Oct-2024 5:17 PM CST - The Motley Fool Why Arm Holdings Stock Lost 5% on Tuesday Arm makes roughly half of its royalty revenue from the iPhone, so it wasn't surprising to see the stock reacting poorly to the news. Arm stock closed down 4.9%, while Apple lost 2.9%. According to multiple analysts, sales of the new iPhone are down year over year after its first weeks on the market.
30-Sep-2024 10:15 AM CST - Benzinga A Look Into ARM Holdings Inc's Price Over Earnings In the current market session, ARM Holdings Inc. ARM stock price is at $142.22, after a 2.31% decrease. However, over the past month, the company's stock went up by 14.93%, and in the past year, by 175.
29-Sep-2024 6:41 PM CST - Action News Jax Railroad crossing arms stuck in Bostwick, Putnam County officials say Putnam County officials are warning Bostwick residents that railroad crossing arms are stuck in the down position at the intersection of Palmetto Bluff and US 17.Officials say it's a power issue and CSX is aware.
28-Sep-2024 5:19 AM CST - MSN Intel breaks silence on sale offers: Here's what company told 'chip company' ARM Arm recently made an inquiry to acquire Intel's product division that sells chips for PCs, servers, and networking equipment but was turned down. This development comes as Intel faces severe challenges and restructures its operations.
27-Sep-2024 1:49 PM CST - Yahoo Finance Morgan Stanley's private equity arm explores sale of HVAC firm Sila, sources say Morgan Stanley's middle-market buyout arm is exploring a sale of Sila Services that could value the residential services company at about $1.5 billion, including debt, people familiar with the matter said on Friday.
27-Sep-2024 1:40 PM CST - MSN Arm Rebuffed by Intel On Buying Unit Arm approached Intel about potentially buying the chipmaker's product division, only to be told that the business isn't for sale, according to a source, who points out that Arm didn't express interest in Intel's manufacturing operations.
27-Sep-2024 11:09 AM CST - tom's Hardware Questionable report claims Arm approached Intel to buy products group and got rejected Arm Holdings reportedly approached Intel Corp. with interest in acquiring Intel's product division, which develops and sells processors for PCs, servers, and networking gear. Intel declined, stating the division is not for sale,
