Diamonds and Dogs

9/14/23

British chipmaker, Arm Holdings (ARM) rose over 15% after coming public once again. Arm licenses its proprietary chip designs to major semiconductor companies and device makers such as Apple and Nvidia. The company charges its customers an upfront fee and a percentage of revenue per unit sold.

RTX (RTX) is a dog down modestly after receiving three downgrades this week on issues with their commercial airline engines.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.