🔥Stock Prediction: How will ARM close Thursday 9/11 following their earnings?
Click to vote. Guess how will $Arm Holdings(ARM)$ close Thursday 9/11 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
$Arm Holdings(ARM)$ is set to post its earnings after the market close on Wednesday. Wall Street expects ARM to earn $0.26 per share on revenue of $750.667 million.
What to watch:
As this is the first earnings report since ARM went public, it is vital for investors to understand ARM's financial performance.
Shares of chip designer Arm rose on October 23 following the report by Reuters that Nvidia was using Arm's technology for the design of new PC chips. Advanced Micro Devices is also planning to use Arm's technology for the design of new PC chips.
A number of brokerages started coverage of Arm Holdingswith buy-equivalent ratings - including Goldman Sachs, Citi, Jefferies, Guggenheim, Deutsche Bank, and Mizuho Securities - about a month after the company's smashing market debut.
Goldman Sachs started Arm with a Buy rating and a $62 price target, centering its outlook not only on Arm's expansion in the smartphone market - driven primarily by increased royalty rates - but also the company's potential to extend its influence into areas where it currently has a smaller footprint, including data center, automotive, and IoT.
💰Event Details
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⏰Event Duration
The deadline for this event is 04:00 on 9 November 2023
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Stock Prediction: How will ARM close Thursday 9/11 following their earnings?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
come vote for 9/11 earnings!
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