Arm's first post-IPO earnings: Revenue guidance falls short

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Arm Holdings (ARM) reported its second-quarter results the first one since their market debut. The company says it reported its highest quarterly revenue...

) reported its second-quarter results the first one since their market debut. The company says it reported its highest quarterly revenue ever in the quarter, however, the stock is trading lower on disappointing third-quarter revenue guidance. The chip company says that analysts are expecting some recovery in the industry, but that"the trajectory of the recovery is not clear, and the industry remains vulnerable to changes in the external macroeconomic environment.

-- Indonesia sold $2 billion in the form of a US-currency sukuk, its first such issuance in 18 months against the backdrop of a global rise in borrowing costs.

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