Arm Holdings Plc shares rise 1.38% premarket as US equity futures mixed ahead of July inflation data.

Arm Holdings Plc rose 1.38% in premarket trading. The increase in stock price may be attributed to the overall positive sentiment in the equity market, as indicated by the strong returns in the financial sector reported by Norway's sovereign wealth fund. The fund's 5.7% return for the first half of the year was driven by good returns in the stock market, particularly in the financial sector. This positive performance in the broader market could have influenced investor sentiment towards Arm Holdings Plc, leading to the premarket price increase.