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Arm Holdings Rises 1.77% on Anticipation of Strong Q3 Earnings Report

Arm Holdings plc is experiencing a rise in its stock price today as investors anticipate the company's third-quarter earnings report, which is set to be released after the market closes. Analysts are expecting Arm to report earnings of 34 cents per share, up from 29 cents per share in the same period last year, with projected revenue of $948 million, a significant increase from $824 million a year ago. The anticipation of strong earnings results is likely contributing to the positive sentiment around the stock.

The current price of Arm Holdings plc is $165.08, reflecting a 1.77% increase from its previous close of $162.20 and a 1.31% rise from its opening price of $162.94.