Arm plc(ARM)
Search documents
Arm stock just doubled, here are the next candidates
MarketBeat· 2024-02-14 12:19
Key PointsArm stock doubled in true NVIDIA fashion to deliver the momentum that comes with being associated with A.I.You should read this list if you are looking for the following candidates who could also double on this sentiment.The odds are better on this stock; analysts and markets agree, do you?5 stocks we like better than ARMToday’s market is led by one of the most confusing dynamics seen in the latest cycle; markets are hitting all-time highs while most stocks seem to be struggling to reach even thei ...
Arm's stock suffers its worst day on record as AI euphoria cools
Market Watch· 2024-02-13 22:28
Arm Holdings PLC’s blockbuster stock rally cooled Tuesday, as shares logged their worst daily performance on record. The stock ARM, -19.46% closed down more than 19% in Tuesday trading, which made for its largest single-day percentage loss in the five months since the company went public again. Arm shares previously had yet to record a single-session double-digit percentage decline. See also: Arm’s Thursday stock surge burns short sellers, to the tune of $445 million in paper losses Arm’s stock nearly doubl ...
Arm stock has doubled since its debut – a green light for tech IPOs?
Invezz· 2024-02-13 18:44
Arm Holdings PLC (NASDAQ: ARM) sure has found huge success ever since its debut in September of 2023 – but it may not be an all-clear signal for tech IPOs, says Avery Marquez of Renaissance Capital.Marquez shares her view on the IPO marketCopy link to sectionShares of the chip design company has nearly doubled in recent days after reporting a solid quarter. $ARM also cited artificial intelligence as it issued a rather impressive guidance for the future last week. Still, Avery Marquez said in a recent interv ...
Wall Street sets ARM stock price for the next 12 months
Finbold· 2024-02-13 11:06
It is hard to imagine a chipmaker stock that is currently performing better than Nvidia (NASDAQ: NVDA), but Arm Holdings (NASDAQ: ARM) is up by more than 116% since 2024 started, which is double when compared to NVDA’s gain of almost 50%.The AI boom has spearheaded most of the stocks in the semiconductor industry, with profits and guidance reported by ARM seemingly driving its gains a week after their quarterly earnings reports were released.Investors liked what they saw, with ARM gaining 93.44% since the q ...
British chipmaker Arm adds another 30%
Proactive Investors· 2024-02-13 08:18
British fabless semiconductor chipmaker Arm Holdings PLC (NASDAQ:ARM) scored a more than 29% gain to $148.97 on the US markets yesterday, meaning it’s doubled in value since the start of the year. It’s a stellar performance for the company and a vindication of the group’s decision to list in the US instead of on home territory. Arm, which makes CPUs for basically every mobile phone on the planet, touted its expertise in artificial intelligence applications in last week’s record quarterly trading update. Tot ...
Arm's frenzied stock rally continues as AI chase trumps valuation
Market Watch· 2024-02-13 01:12
Shares of Nvidia Corp. NVDA, +0.16% are up 240% over the past year and shares of Super Micro Computer Inc. SMCI, +4.42% are ahead 760%. With moves like that, investors seem eager to get in on whatever could be the next blowout play on the artificial-intelligence trend. And judging by the explosive moves in Arm Holdings PLC’s stock ARM, +29.30% over recent days, Wall Street may have pegged the chip designer as that next big winner. The stock gained 29% in Monday’s session and has nearly doubled since the ...
Why Is Arm Holdings (ARM) Stock Up 30% Today?
InvestorPlace· 2024-02-12 20:39
The semiconductor sector is seeing a bifurcation building in today’s session. Leading the pack today is Arm Holdings (NASDAQ:ARM), with ARM stock surging 30% in afternoon trading. This move has dwarfed that of rivals Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), which were actually in red at the time of writing. Interestingly, ARM is moving on very heavy volume (more than 10 times the stock’s average daily volume) today. This high-volume move appears to be related to last week’s earnings rep ...
Exit Now! 3 AI Stocks to Sell in February 2024
InvestorPlace· 2024-02-12 19:56
The trade in artificial intelligence (AI) is starting to get frothy. So far in 2024, the VanEck Semiconductor ETF (NASDAQ:SMH) that is comprised of all the major chipmakers involved in AI is up 20% versus a 6% gain in the benchmark S&P 500 index. Many stocks that are associated with AI have seen their share prices more than double in the last 12 months. The huge gains have some analysts beginning to talk about a bubble forming in AI stocks, one that will eventually pop. Some AI stocks are already flashing “ ...
Why Arm Holdings Stock Soared Again Today
The Motley Fool· 2024-02-12 18:49
Shares of Arm Holdings (ARM 21.04%) were flying higher again today, just two sessions after the stock jumped nearly 50% on its earnings report last week.There was no company-specific news in particular, but the broader sense of euphoria in the semiconductor and AI hardware sectors seemed to propel the stock higher, as it was trading on extraordinarily high volume. As of 12:47 p.m. ET, the stock was up 26.1%. Arm is the latest AI rock starArm's third-quarter earnings report made it clear that the company is ...
Arm shares jump 25% as post-earnings rally extends to second week
CNBC· 2024-02-12 18:34
Arm shares rose more than 24% on Monday, extending last week's rally as investors continue to applaud the chipmaker's better-than-expected third-quarter earnings and its position in the artificial intelligence boom.Arm is now up over 90% since it reported quarterly financials on Feb. 8, though without any clear catalyst for Monday's move. The stock is up 142% since Arm's initial public offering in September and is now worth about $148 billion.Last week, Arm said it could charge twice as much for its latest ...