Holdings

Qualcomm CEO Defends Company in High-Stakes Licensing Trial Against Arm

3 days ago

In a recent courtroom showdown, Qualcomm's CEO, Cristiano Amon, has firmly pushed back against allegations made by Arm Holdings regarding licensing disputes. The case, which is garnering significant attention in the tech industry, centers on Qualcomm's use of Arm's architecture in its chips. This dispute isn't just about monetary compensation; it plays a critical role in the competitive landscape of the semiconductor market.

Grab Holdings Reports Impressive Quarter, Analysts Optimistic About Future Stock Performance

7 days ago

In a notable financial report released recently, Grab Holdings, a leading Southeast Asian technology company known for its ride-hailing and food delivery services, showcased significant growth in its latest earnings quarter. This surge has caught the attention of financial analysts, many of whom are now optimistic about the company's potential for further stock gains.

Futu Holdings Faces Challenges as Global Expansion Slows, Leading to Workforce Reductions

29 days ago

Futu Holdings, a notable Hong Kong-based brokerage known for its online trading platform, has recently made headlines after announcing a significant reduction in its workforce due to slowed growth in its global expansion efforts. The company has opted to cut approximately 5% of its staff, a decision reflecting broader challenges faced by financial technology firms in an increasingly competitive and uncertain market.

Booking Holdings Announces Job Cuts Amid Major Organizational Overhaul

1 month ago

In a significant move reflecting the changing dynamics within the travel industry, Booking Holdings has revealed plans to implement job cuts as part of a wider restructuring initiative. The announcement signals a pivotal moment for the company as it adapts to evolving market demands and the ongoing impacts of global travel trends.

Qualcomm and Arm’s Benchmark Results Signal Inequities in the Phone Industry’s Recovery

2 months ago

In recent weeks, Qualcomm Inc. and Arm Holdings Plc have unveiled their latest financial and operational results, revealing a mixed picture regarding the recovery of the smartphone industry. Despite a slight resurgence in demand, the sector appears to be rebounding unevenly, with significant implications for manufacturers, suppliers, and consumers alike.

Arm Holdings Issues Somber Forecast Amidst Weak Chip Demand

2 months ago

In a disheartening announcement, Arm Holdings has revealed a disappointing financial forecast that suggests a troubling trend in the semiconductor industry. The company, renowned for its chip designs crucial to mobile devices and other electronic infrastructure, expressed concerns regarding a deceleration in chip demand. This outlook has raised alarms among investors and industry analysts alike, painting a bleak picture for the future of tech hardware.

ARM Holdings Sees a Stunning 90% Surge, Sparking Debate on Valuation in a Low-Growth Era

2 months ago

ARM Holdings, a pivotal player in the semiconductor industry, has experienced an impressive stock rally, surging approximately 90% since its recent market debut. This dramatic increase is raising questions among investors and analysts alike regarding the sustainability of such high valuation multiples, particularly in the context of a market characterized by low growth expectations.

Thai Tycoon’s Power & Telco Arms Skyrocket as Holders Approve Merger

3 months ago

Shareholders approved the merger of Thai billionaire Sarath Ratanavadi's telecom and power companies in a milestone chapter for Thai corporate history, paving the way for a sharp surge in shares of both companies. The complex deal represents one of the major corporate restructurings of Ratanavadi's diverse interests and promises to alter the business landscape.

Intel Rebuffs ARM Acquisition as China’s Tech Stocks Experience Significant Surge

3 months ago

In a dramatic turn of events, Intel Corporation is opting out of the proposed acquisition of ARM Holdings, a British semiconductor and software design company. The move is amidst the heated environment in technology that is enjoying an unparalleled surge, most especially regarding the Chinese tech stocks.

Arm’s Attempt to Sell Product Unit to Intel Rejected

3 months ago

Of late, an effort by Arm Holdings Ltd. to sell off one of its product units has hit a roadblock. The UK semiconductor giant has reportedly approached Intel Corporation to buy the concerned unit, which the latter has rejected. The move is part of a larger effort by Arm to reshape its business by divesting fringe operations and focusing on its core business.