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Arm Holdings shares fell Wednesday evening despite the chip designer reporting a better-than-expected quarter and giving an upbeat outlook for its data center CPU business. Revenue for the company’s fiscal 2026 fourth quarter ended March 31 increased 20% year-over-year to $1.49 billion, ahead of the LSEG-compiled analysts’ consensus estimate of $1.47 billion. Non-GAAP earnings per share (EPS) increased 9% to 60 cents, beating the 58 cents expected. ARM YTD mountain Arm Holdings YTD Shares of Arm dipped roughly 6% in after-hours trading, giving back about half the gains they had during the regular session. We pointed out in Wednesday’s Morning…

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NEWYou can now listen to Fox News articles! Secretary of State Marco Rubio previewed a high-profile trip to Rome from the White House briefing room Tuesday, delivering sharp warnings to Iran and flashing easy command of the podium that drew praise from conservative allies online.”The trip is really not tied to anything other than the fact that it would be normal for us to engage, and other secretaries of State have done that in the past,” Rubio said at the White House press conference on Tuesday of his trip to Italy. The briefing came two days before Rubio is set to…

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NEWYou can now listen to Fox News articles! A slick pair of alleged thieves pulled off a high-end heist, swiping a $4,000 bottle of rare cognac from a posh Arizona steakhouse, shocking staff who say they’ve never seen anything like it.Surveillance video from the Three Thirty Three Restaurant in Tempe shows the moment the couple allegedly made their move on May 4, calmly lifting a prized bottle of Louis XIII cognac.In the video, the woman is seen lifting the bottle of cognac, which retails for $4,000, and sneaking it into a purse.”You didn’t need to rob us,” restaurant veteran John…

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Modi’s Hindu nationalist government used Sindoor, the Hindi word for the red powder which married Hindu women wear on their foreheads, as a sign that it was to avenge those widowed in the April 22 attack.”They gave a fitting response to those who dared to attack innocent Indians at Pahalgam. The entire nation salutes our forces for their valour,” he said in a statement.More than 70 people were killed on both sides.Pakistan claims to have shot down five Indian fighter jets, including three advanced French Rafale aircraft, all of which were in Indian airspace at the time. India has not…

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This month-long journey cannot be meaningfully sped up. Ships can sail faster, but that risks safety and uses more fuel, raising costs. Once the oil reaches land, the refining, loading and transit speeds are constrained by the existing infrastructure.Japan is fortunate enough to have strategic energy reserves and a robust distribution system that can help it weather the energy crisis. Not every country has those advantages. In those with less developed refining, port or pipeline infrastructure, getting fuel to consumers can take even longer.And countries that rely on others to refine their petroleum may now face even more delays because…

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Arm Holdings (NASDAQ: ARM) delivered the kind of earnings report that sends a high-flying chip stock higher.The revenue beat estimates, profit beat estimates and demand for its new AI data-center chip looked strong.But in after-hours trading on Wednesday, the celebration turned into a sell-off.Arm stock jumped as much as 13% right after the numbers, then reversed hard after CEO Rene Haas said the company could only secure supply for half of the demand it is seeing for the new chip.By late after-hours trading, the stock was at $222.12, down 6.4% from a regular-session record close of $237.30.Arm Q4 earnings: The…

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Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated:  May 6, 2026 Bitcoin price 31% recovery from under $63,000 to over $80,000 is…

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