Shares of UK chip designer Arm fell after its revenue forecast for the current quarter left Wall Street underwhelmed, the US’s top diplomat has provided Washington’s most detailed plan for the postwar future of Gaza, Portugal’s corruption scandal is spelling trouble for the government’s economic plans, and US President Joe Biden got some pretty conflicting news for his re-election campaign this week.
Mentioned in this podcast: UK chip designer Arm’s shares fall after disappointing revenue forecast US calls for Palestinian Authority to run Gaza and West Bank after the war with Hamas Portugal’s economic plans in disarray after PM resignation Portuguese PM António Costa resigns as corruption crisis erupts Democratic wins in US state votes boost Joe Biden ‘People are frustrated’: Gaza war opens rift among US Democrats Access 50 per cent off of a digital subscription FT.