Core Viewpoint - Arm Holdings' stock declined despite reporting strong earnings, indicating that investor expectations for AI companies are exceptionally high in the current market environment [1] Earnings Results - Arm reported revenue of $1.24 billion for the fiscal third quarter, representing a 26% increase from the previous year and slightly exceeding analyst expectations of $1.23 billion [1] - Adjusted earnings per share were 43 cents, surpassing the FactSet consensus of 41 cents [1] Market Context - The decline in Arm's stock post-earnings reflects a broader trend where investors are scrutinizing AI companies more rigorously [1] - CEO Rene Haas mentioned that memory shortages could have a minor impact on the business, highlighting potential supply chain challenges [1]

Group 1 - Ciena, a manufacturer of networking and telecom equipment, is set to join the S&P on Friday [1]

Core Viewpoint - The article discusses the recent trends in the financial markets, highlighting the impact of economic indicators on investor sentiment and market performance [1] Group 1: Market Trends - The stock market has shown volatility due to fluctuating economic data, with significant movements in major indices [1] - Recent reports indicate a mixed outlook for corporate earnings, affecting investor confidence and market stability [1] Group 2: Economic Indicators - Key economic indicators, such as unemployment rates and inflation figures, are influencing market dynamics and investment strategies [1] - Analysts are closely monitoring these indicators to gauge future market performance and potential investment opportunities [1]

Supply shortages in the memory market have been a thorn in the side of technology companies, and Qualcomm is feeling the pain as well. The company QCOM on Wednesday pointed to memory constraints as the culprit for its lower-than-expected guidance for the current quarter. ...

Tomi KilgoreTomi Kilgore is MarketWatch's Managing Editor, Companies, and is based in New York. You can follow him on Twitter @TomiKilgore. ...

Core Viewpoint - The article discusses the growing concern among investors that advancements in AI technology may disrupt traditional business software models, leading to a selloff in shares of software companies [1]. Group 1: Market Reaction - Investors are increasingly selling shares of companies that provide enterprise software, fearing that AI capabilities from firms like Anthropic could negatively impact these businesses [1]. - The selloff of business software stocks has been ongoing, indicating a significant shift in market sentiment towards the software industry [1]. Group 2: Industry Trends - For over 15 years, business software has been a dominant force across various industry sectors, showcasing relentless advancement [1]. - The emergence of AI technologies is perceived as a potential threat to the established business software landscape, prompting concerns about the sustainability of current business models [1].

The sort of buying President Trump outlined from China seems "unlikely on many fronts, but neither can the possibility be ignored,†analyst says. ...

Core Viewpoint - E.l.f. Beauty's shares increased after the company raised its full-year sales and earnings outlook due to ongoing consumer demand for affordable cosmetics [1] Group 1: Financial Outlook - E.l.f. Beauty now expects full-year sales to be between $1.6 billion and $1.612 billion, an increase from the previous forecast of $1.55 billion to $1.57 billion [1] - The company anticipates adjusted earnings per share to range from $3.05 to $3.10, up from the earlier estimate of $2.80 to $2.85 per share [1]

Group 1 - Losses in the market may be partially attributed to the recent software rout, as suggested by an analyst [1]

Senate Banking Committee Chair Tim Scott indicated Wednesday that he expects the Department of Justice will resolve its criminal probe of current Federal Reserve chief Jerome Powell, clearing a path for the panel to advance President Donald Trump's nominee for the top Fed job, Kevin Warsh. ...