Should You Buy the 3 Best Nasdaq 100 Stocks So Far in 2024?
- Artificial intelligence has been the primary force behind the gains made by the Nasdaq exchange in 2024. While the S&P 500 had risen 16% by July 4, and the Dow Jones Industrial Average was only 4% higher, the Nasdaq 100 soared 20% for the year.
- 07/23/2024
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Nvidia Stock Is Overdue for a Breather. Buy These 3 Chip Stocks Instead.
- Nvidia (NASDAQ: NVDA ) got caught up in the volatility of the hailstorm hitting the semiconductor market these past few weeks. And though this double-digit percent plunge off recent highs will probably end up nothing more than a blip in the one-year chart next summer, investors who are overly anxious about buying on weakness may wish to consider some of the alternative growth plays on the market right now.
- 07/22/2024
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Analyst: Arm Stock Fundamental to Edge AI's Success
- Shares of chipmaker Arm Holdings (NASDAQ:ARM) are 2.7% higher in premarket trading, following a bull note at Morgan Stanley.
- 07/19/2024
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Surge Copper Commences 2024 Field Program and Closes Top-Up Subscription by ARM
- Vancouver, British Columbia, July 19, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce the commencement of field operations for its 2024 work program at its 100%-owned Berg copper-molybdenum-precious metals project located in central British Columbia. Additionally, the Company announces that African Rainbow Minerals Limited (“ARM”) has exercised in full its rights in respect of the Company's recently completed private placement (see April 2, 2024 press release and June 21, 2024 press release ), and has subscribed for a total of 1,582,353 common shares of the Company at a price of $0.15 per common share for gross proceeds of approximately $237,353 (the “Top-Up Offering”).
- 07/19/2024
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Why ARM Stock Remains a Top Contender in the AI Chip Race
- Despite a microchip sector pullback, Arm Holdings (NASDAQ: ARM ) stock is one of the best technology stocks investors can own. A buy-the-dip opportunity appears to have opened with Arm stock.
- 07/19/2024
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3 Chip-Related Stocks to Buy After Export Restriction Fear Sparks Sell-Off
- With demand remaining strong, the recent sell-off in Nvidia stock looks like a buying opportunity. Arm Holdings should be a beneficiary of a hardware upgrade cycle and a push into the PC market.
- 07/19/2024
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Should You Buy Arm Stock Before July 31?
- Arm Holdings licenses its technology to some of the most notable semiconductor companies in the world.
- 07/19/2024
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Arm Holdings: Surprise Potential For Q1 (Rating Upgrade)
- ARM Holdings is experiencing significant top line growth due to the AI boom in the semiconductor industry. Strong demand for Arm's processor and semiconductor designs in Data Centers are driving revenue growth. Arm's business performance in Q1 could reasonably result in a beat-and-raise quarter.
- 07/17/2024
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3 Stocks to Buy if Nvidia Pulls Back
- Over the last couple of months, there have been a few wobbles here and there in Nvidia (NASDAQ: NVDA ) stock's trading stability. Part of this could be a result of institutional investors taking profits or insiders making gains on their positions, but ultimately it underlines the reality that at any given time the speculation around Nvidia stock could change in the opposite direction.
- 07/17/2024
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3 Explosive Stocks Set for a Massive Bull Run
- Identifying stocks that may experience massive growth is an art and a science in investing. Under current economic shifts and technological advancements, three companies emerge as prime candidates to capitalize on demand trends in the digital era.
- 07/16/2024
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Ocado upgrades technology arm, sending shares soaring
- Britain's Ocado lifted its annual guidance on Tuesday, citing an improvement in the profitability of its warehouse technology business, reassuring investors and sending its shares up by 18%.
- 07/16/2024
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How Arm Holdings Stock Soared 118% in the First Half of 2024 -- and Why July 31 Could Bring Its Next Move Up
- The chip designer stock's surge in the first half of 2024 was driven by two strong quarterly earnings releases and investors' continued robust demand for AI stocks. The company's next earnings release is scheduled for Wednesday, July 31.
- 07/15/2024
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Stocks to Watch: 7 Under-the-Radar Companies Quietly Building Empires
- There are many under-the-radar stocks quietly building empires that stock investors should know about. These are the types of relatively unknown firms that create wealth for investors.
- 07/13/2024
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Why Arm Stock Jumped Today
- Arm is expected to detail its new data center strategy at the end of this month. Nvidia has been the clear leader in high-performance computing growth, but there are opportunities for other semiconductor specialists.
- 07/12/2024
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2 Tech Stocks Heading in Opposite Directions So Far in 2024
- Arm Holdings and Tenable are two technology companies with leading market shares, but their stock prices are moving in opposite directions. Arm Holdings' high forward P/E ratio is a reason for concern, whereas Tenable is getting closer to profitability.
- 07/12/2024
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Graphcore backers get most of their cash back
- SoftBank's $600 million acquisition of UK chipmaker Graphcore has had a trickle-down impact for two of its investors. Chrysalis Investments has confirmed it will receive $56 million of the acquisition proceeds, which is a 25% premium to the stake's current carrying value.
- 07/12/2024
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Arm Holdings backer SoftBank swoops in for UK chipmaker Graphcore
- SoftBank has acquired UK-based chipmaker Graphcore as part of its significant investment in artificial intelligence. Graphcore, founded in 2016, will join SoftBank's portfolio alongside Arm Holdings PLC (NASDAQ:ARM).
- 07/12/2024
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2 Popular Artificial Intelligence (AI) Stocks to Sell Before They Plunge 64% and 67%, According to Certain Wall Street Analysts
- Rishi Jaluria at RBC Capital Markets expects Palantir shares to plunge 67%, and Javier Correonero at Morningstar thinks Arm shares will fall 64%. Palantir has been recognized as a leader among AI/ML platform providers by certain industry observers, but others question its place in the AI value chain.
- 07/11/2024
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Arm Holdings (ARM) Hits 52-Week High: What's Next for Investors?
- Given the recent surge in Arm Holdings (ARM) shares, we evaluate the stock's current position to determine whether it presents a good investment opportunity at this time.
- 07/10/2024
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Nvidia Chipmaker Taiwan Semi, Arm Stock Among Best Global Stocks To Watch
- Arm stock and Nvidia chipmaker Taiwan Semiconductor are among the best global stocks to buy and watch on the stock market today.
- 07/10/2024
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Dear ARM Stock Fans: Mark Your Calendar for July 31
- Arm Holdings (NASDAQ: ARM ) has more than tripled in valued since its Sept. 14 initial public offering.
- 07/09/2024
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Arm Holdings: A Complementary Investment To Nvidia
- ARM is expanding its presence in AI data centers, with projected revenue reaching $13 billion by 2028, representing 27% of the market. ARM's Neoverse platform offers high-performance computing and AI capabilities, challenging Intel and AMD in the data center sector. In the PC edge AI market, ARM's relationship with Apple and the integration of Armv9 architecture in future M-series chips will be a catalyst for ARM.
- 07/08/2024
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3 Overlooked Giants-in-the-Making for Patient Investors
- Investing requires patience and a long time horizon to generate sizable profits. It's no secret that the most successful investors are people such as Warren Buffett, who are infinitely patient and hold stocks in their portfolios for decades.
- 07/08/2024
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Arm Holdings Stock Soars: Powering the Edge AI Revolution with v9
- U.K.-based semiconductor company Arm Holdings plc NASDAQ: ARM stock is up 141% year-to-date (YTD). The artificial intelligence (AI) revolution is driving big gains as it becomes more apparent that Arm will continue to be a large benefactor from AI tailwinds.
- 07/08/2024
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Why Arm Holdings Stock Soared 36% Last Month
- Arm Holdings rose 35.8% in June 2024, driven by the AI boom and an improving economy. Inclusion in the important Nasdaq-100 Index also reinforces Arm's growing stature in the tech ecosystem.
- 07/07/2024
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Three-Stock Lunch: Amazon, Arm & Macy's
- Victoria Greene, G Squared Private Wealth CIO, joins 'Power Lunch' to discuss stock plays for these three stocks: Amazon, Arm & Macy's.
- 07/05/2024
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3 Overvalued Stocks Set for a Brutal Reality Check
- The tech sector witnessed record highs on Tuesday, driven by continued interest in companies focused on artificial intelligence (AI). However, there are concerns about overvalued stocks as investors show exuberance around certain companies' prospects.
- 07/05/2024
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Arm Stock: This AI Chip Leader Rallies Above Its Latest Buy Point
- Arm stock: The artificial intelligence chip leader is above its latest buy point after recent gains.
- 07/05/2024
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Better Chip Stock: Arm Holdings vs. Intel
- Arm's shares have more than tripled since the company's IPO last year. Intel's shares have declined amid concerns about its long-term growth.
- 07/05/2024
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'We're not the Soviet Union': UK Finance proposal blasted by British business
- Trade association UK Finance is calling for British startups to return taxpayer-funding support and tax reliefs should they choose to list their companies on non-British stock markets. In a policy paper published this week, UK Finance suggested a “two-way commitment” framework to encourage British companies to list their share domestically.
- 07/04/2024
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3 Early-Stage Tech Plays That Could Create Generational Wealth
- It's no secret that catching a stock early has the potential to promise investors massive gains over a long-term time horizon. It's always difficult to identify the IPOs with solid fundamentals that will continue to grow year-on-year.
- 07/04/2024
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ARM Stock Analysis: Too Hot to Handle or Too Good to Miss?
- Leading semiconductor designer ARM Holdings (NASDAQ: ARM ) stock remains a top chip pick many investors are watching right now. To some, this company appears to be significantly overvalued, with a price-earnings ratio of 568-times and a high PEG ratio of 6.9.
- 07/04/2024
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Nvidia Owns 4 Artificial Intelligence (AI) Stocks, and These 2 Have Soared the Most
- Nvidia's market capitalization has leaped from $360 billion to $3.1 trillion over the past 18 months. Two of the stocks Nvidia bought have already soared.
- 07/04/2024
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SoftBank stock hits its first record high in 24 years — Arm and AI helped it get there
- SoftBank shares closed at a record high of 11,190.00 Japanese yen on Thursday, eclipsing the previous intraday high of 11,000 yen reached on Feb. 15, 2000. The Japanese giant has been given a boost by the public market success of British chip designer Arm, in which it has a majority stake.
- 07/04/2024
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Forget Nvidia: Prominent Billionaires Are Selling It and Buying These 2 Hypergrowth Stocks Instead
- Quarterly filed 13Fs allow investors to track what stocks top-tier billionaire investors have been buying and selling. In the March-ended quarter, eight successful billionaire asset managers sent shares of artificial intelligence (AI) leader Nvidia to the chopping block.
- 07/02/2024
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ARM Stock Price Prediction: Why Investors Could See a $160 to Sub-$100 Plunge
- A couple of years ago, many American investors probably had never heard of British chip designer Arm (NASDAQ: ARM ), which has become a Wall Street darling on the artificial intelligence hardware trend. Ignore the temptation to jump in now; it's too late as ARM stock is grossly overvalued.
- 07/01/2024
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Wall Street Thinks These High-Flying Artificial Intelligence (AI) Stocks Are Headed Lower (Hint: Nvidia Isn't 1 of Them)
- Arm Holdings could sink 29% over the next 12 months if analysts are right. Despite strong prospects for its AI Platform product, Wall Street thinks Palantir Technologies stock could fall 15%.
- 07/01/2024
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Arm Holdings Has Significant Upside Potential With Arm Neoverse
- Arm Holdings has a significant opportunity as Neoverse is adopted across the hyperscalers to bolster data retrieval with lower power requirements. ARM anticipates significant growth opportunities beyond smartphone market with ARMv9 adoption with more content/chip and CSS chips. ARM CPU + Nvidia GPU may navigate hyperscalers away from the x86 for CPU, allowing for ARM to take on new market share.
- 06/30/2024
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2 AI Semiconductor Stocks Surged 150% and 122% in the First Half of 2024. Wall Street Says 1 Could Crash in the Second Half
- Semiconductor stocks Nvidia and Arm led the Nasdaq-100 higher during the first half of 2024, but Wall Street is less optimistic about their prospects in the second half. Nvidia is the market leader in data center GPUs and AI chips, and the company has burgeoning side businesses in CPUs, networking equipment, and software.
- 06/29/2024
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Bubble Trouble? Identifying 3 Overvalued Stocks Before They Burst.
- The Buffett Indicator signals a significantly overvalued U.S. Stock Market and has drawn much attention to overvalued stocks to watch. With market cap over GDP at 192.6%, analysts expect returns to be only 0.6% a year including dividends from this level of overvaluation.
- 06/28/2024
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2 Semiconductor Stocks That Could Outperform the S&P 500 Over the Next 5 Years
- Arm benefits from growing demand for energy-efficient chips in the data center market. The growing investment in AI infrastructure caused a sharp acceleration in growth for Broadcom's networking and software business.
- 06/27/2024
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Still awful: An update on the small-cap IPO cycle
- As 2024 unfolds, headlines are abuzz with the revival of the IPO market. While prominent IPOs like Arm Holdings PLC (NASDAQ:ARM), Reddit (NYSE:RDDT), and Birkenstock Holding PLC (NYSE:BIRK) grab the spotlight, the significant activity in small-cap IPOs has garnered less attention.
- 06/26/2024
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Arm Holdings and Micron: Top 2 AI Stocks to Buy and Hold
- The semiconductor industry is the bedrock of the digital age. Semiconductors have provided the essential building blocks for computers, smartphones, and countless other electronic devices that power our modern world.
- 06/25/2024
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Analysts underestimated how quick AI would grow: Arm CEO
- Arm Holdings (ARM) was added to the Nasdaq 100 (^NDX) on Monday as shares are up nearly 140% since its public debut in September. Arm Holdings CEO Rene Haas joins Market Domination Overtime to discuss the milestone and the British semiconductor company's outlook.
- 06/25/2024
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3 Tech Stock Giants to Load Up on Now: June 2024
- There's more to the current rally in technology stocks than Nvidia (NASDAQ: NVDA ). Nvidia stock continues to get the lion's share of attention from the financial press.
- 06/25/2024
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Defence's ARM-X Anti-Cancer Vaccine Inhibits Growth of Pre-Established Ovarian Cancer Resulting in Complete Responses in Treated Animals
- Vancouver, British Columbia--(Newsfile Corp. - June 25, 2024) - Defence Therapeutics Inc. (CSE: DTC) (FSE: DTC) (OTCQB: DTCFF) ("Defence" or the "Company"), a Canadian biopharmaceutical company developing novel immune-oncology vaccines and drug delivery technologies, is pleased to announce that its second-generation ARM-X anti-cancer vaccine is therapeutically effective against pre-established ovarian cancer (ID8 model) when combined with the anti-PD-1 immune-checkpoint inhibitor. Figure 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8000/214171_cc2e2f8084a9e943_002full.jpg Using Defence's Accum® platform, the Company previously demonstrated that AccuTOX® treatment of MSCs results in the induction of antigen cross-presentation capacity (ARM-X cells), which can mount potent anti-tumoral responses in animal pre-clinical models.
- 06/25/2024
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Arm CEO Rene Haas talks the impact of AI and smartphone demand
- Rene Haas, Arm Holdings CEO, joins 'Closing Bell Overtime' to talk performance since IPO, AI partnerships, smartphone demand and more.
- 06/24/2024
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2 Semiconductor Stocks to Buy and Hold for Great Long-Term Potential
- Arm's lucrative royalty-based business benefits from the exploding demand for energy-efficient chips. Data centers need lots of memory capacity for AI to work properly, and that favors Micron Technology.
- 06/24/2024
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SoftBank CEO Plans 'Super' AI. Why Arm Stock Can Benefit.
- The chip-design company is likely to be at the heart of Masayoshi Son's efforts to dominate the next wave of artificial intelligence.
- 06/21/2024
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Best AI Stocks: Palantir Stock vs. Arm Stock
- Artificial intelligence is the hottest investing trend in 2024.
- 06/20/2024
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ARM Holdings' Stock Meteoric Rise: Is It a Buy or Overbought?
- As ARM Holdings NASDAQ: ARM continues its impressive climb, market participants, be they investors, traders, or speculators, increasingly wonder if the stock's rapid rise is sustainable or has surged too quickly.
- 06/20/2024
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Arm Holdings Stock Analysis: Buy, Sell, or Hold?
- Arm Holdings' stock price has soared in the last month.
- 06/19/2024
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Stock Market Holds Strong Despite Weak Retail Sales; Nvidia, Arm Hit Fresh Milestones
- Money flowed into bonds again, while Nvidia passed Microsoft as the most valuable U.S.-listed company.
- 06/18/2024
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ARM, Micron poised to benefit from Edge AI trends: analysts
- Analysts at Bank of America have upped their price objectives on two stocks they consider to be their top picks in the emerging market for AI features for on-device, also known as Edge AI: Arm Holdings PLC (NASDAQ:ARM) and Micron Technology Inc (NASDAQ:MU). They raised their price target on ARM to $180 from $150 and for Micron they lifted their price objective to $170 from $144.
- 06/18/2024
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ARM Is A Well Positioned A.I. Play
- Arm Holdings stock is trading higher today following the price target hike from $150 to $180 by Bank of America. The analyst stated that more licensees adopt the technology to deliver power efficient processors for client and data center.
- 06/17/2024
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Better Artificial Intelligence Stock: Nvidia vs. Arm Holdings
- Nvidia is the bona fide chip leader in artificial intelligence. Arm Holdings will collect royalties on the AI revolution.
- 06/15/2024
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Arm Holdings To Join the Nasdaq-100 Index
- Arm Holdings (ARM) could get a boost after the Nasdaq announced that the British semiconductor and software design company would be added to the Nasdaq-100 Index.
- 06/14/2024
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Arm Stock Hits Record Highs on NDX Inclusion
- Publicly traded since September, Arm Holdings PLC (NASDAQ:ARM) stock is hitting record highs today, after reports that it will join the Nasdaq-100 Index (NDX), effective June 24, 2024.
- 06/14/2024
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Dear ARM Stock Fans, Mark Your Calendars for June 24
- Arm (NASDAQ: ARM ) stock is preparing for a major catalyst later this month that investors in the U.K. semiconductor company will want to keep an eye on! This has Arm joining the Nasdaq 100 index before markets open on June 24.
- 06/14/2024
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Hasbro, Tutor Perini, Arm Holdings And Other Big Stocks Moving Higher On Friday
- U.S. stocks were mostly lower, with the Dow Jones index falling around 300 points on Friday.
- 06/14/2024
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Arm's latest bit of good news? Respect from a high-profile index.
- Arm Holdings PLC's has grown its stature during its short time back on the public market, and now it's getting some respect from a high-profile index.
- 06/14/2024
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Arm Holdings promoted into Nasdaq 100
- Arm Holdings PLC's (NASDAQ:ARM) elevation to ‘tech royalty' was confirmed yesterday with the UK-based but US-listed chip designer being added to the Nasdaq 100 and a clutch of other indices. The British semiconductor and software design will replace Sirius XM in the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index.
- 06/14/2024
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3 Chip Stocks to Buy After the Nvidia Stock Split
- It turned out that Nvidia (NASDAQ: NVDA ) shareholders needn't have worried. After the new regime of 10-to-1 stock split took place on Monday, NVDA shares ended up over 1% at the end of the day.
- 06/14/2024
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Arm Holdings to Replace Sirius XM in Nasdaq 100 Index
- The change, which comes as Sirius' market value falls below 0.1% of the index's capitalization, will take place before the start of trading on June 24.
- 06/13/2024
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What's Going on With Arm Stock?
- Arm stock is up 90% this year.
- 06/13/2024
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Why Nvidia, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Rallied Wednesday Morning
- Investors are eager for the Fed to begin cutting interest rates. Inflationary pressures eased in May, but how the Fed will respond remains to be seen.
- 06/12/2024
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Exclusive: MediaTek designs Arm-based chip for Microsoft's AI laptops, say sources
- Taiwanese chip design giant MediaTek is developing an Arm-based personal computer chip that will run Microsoft's Windows operating system, according to three people familiar with the matter.
- 06/11/2024
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3 Stocks to Dump Now Before the Market Takes a Dive
- Three equities stand out among the constantly shifting market trends as possible candidates for top stocks to sell. Even though each has seen some success in the past, current events point to alarming market and financial weaknesses that might cause their stock prices to decline significantly.
- 06/11/2024
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Arm Holdings Wants 50% of the PC Market. It Probably Won't Happen
- Arm is shooting to steal 50% of the PC CPU market within five years. While Arm-based PC CPUs from Qualcomm look powerful and efficient, winning over laptop buyers won't be easy.
- 06/11/2024
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Will the Equity Bull Market Continue?
- Five bullish catalysts suggest that stocks will be higher into year-end, including election year seasonality, AI leadership and potential interest rate drops.
- 06/10/2024
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Arm Is A Top Secular Pick Along With Nvidia: Analyst
- Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Arm Holdings Plc with a price target of $180. The stock is trading higher on Monday. Mosesmann considers the stock a top secular pick alongside Nvidia Corp NVDA.
- 06/10/2024
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AI Stock Arm Holdings Hits Subtle Buy Point
- AI stock Arm Holdings is giving investors a new entry to buy shares. Shares reclaimed a level of support and gained over 80% year to date.
- 06/10/2024
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Arm, Qualcomm legal battle seen disrupting AI-powered PC wave
- A two-year legal battle pitting two tech titans threatens to disrupt an emerging wave of new personal computers powered by artificial intelligence, tech industry executives and experts say.
- 06/10/2024
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Should You Buy Arm Holdings Right Now or Wait for a Pullback?
- Arm Holdings is the toast of Wall Street right now, doubling its IPO price in nine months. Its results and business model are terrific, but the stock price is questionable.
- 06/09/2024
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Could Arm Holdings Stock Help You Retire a Millionaire?
- Arm Holdings occupies a fundamental position in the chip market and generates 95% margins. Increasing demand for CPUs will drive its growth.
- 06/09/2024
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Nvidia Owns These 4 Stocks. Here's How They're Doing.
- Nvidia has been one of the best-performing stocks on Wall Street since 2023, amassing holdings in four companies along the way.
- 06/08/2024
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2 Red-Hot Growth Stocks to Buy in 2024 and Beyond
- C3.ai shares seem set to go on a bull run following its latest earnings report. Arm Holdings is building a solid long-term revenue pipeline thanks to the AI-driven growth in the semiconductor market.
- 06/08/2024
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Arm Holdings Takes Aim at Intel and PC Market. Time to Buy the Stock?
- Arm Holdings currently dominates the smartphone market. The company is now looking to take a big share of the PC market.
- 06/08/2024
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3 Recent IPOs to Buy Now: Reddit, ARM, IBIT Bitcoin ETF
- The IPO market is displaying signs of a resurgence. Arm Holdings, Reddit, and IBIT are stocks to watch.
- 06/06/2024
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Growth Stock Goliaths: 7 Picks That Will Tower Over the Competition
- Growth stocks continue to drive the market and investor portfolios higher. Several companies with strong catalysts are seeing their sales and profits rise, and that is pushing their share prices to new heights.
- 06/06/2024
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Why Semiconductor Stocks Broadcom, Arm Holdings, and Lam Research Rallied Today
- The May jobs report showed a softening in hires and wage growth, raising prospects for a "soft landing." Meanwhile, the world's largest chip foundry is going ahead with a purchase of an advanced EUV tool, suggesting AI investment remains in full swing.
- 06/05/2024
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Nvidia, Cava, Arm Form Cadre Of 21 'Perfect' Stocks
- Featuring Nvidia, Arm, Cava, Chipotle and more, this stock screener highlights top-rated stocks to watch right now.
- 06/05/2024
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3 Top Tech Stocks to Buy Right Now
- ASML has significant pricing power and perhaps an even stronger competitive position than Nvidia. Arm holdings is an intriguing company with two distinct revenue streams.
- 06/04/2024
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Expect A.I.-Ready Arm Holdings (ARM) Devices Worldwide By 2025
- Arm Holdings (ARM) CEO notes to expect A.I.-ready Arm devices worldwide by the end of 2025.
- 06/03/2024
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Arm eyes 50% market share in brave new AI-led PC market
- British semiconductor designer Arm Holdings PLC (NASDAQ:ARM) has made some lofty predictions to coincide with the Computex 2024 forum kicking off in Taipei today. Speaking to Reuters, Haas said he expects microchip designer Arm to capture 50% of the Windows PC market in five years' time, supposedly at the sacrifice of incumbent leaders Intel and AMD.
- 06/03/2024
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2 Millionaire-Maker Artificial Intelligence (AI) Stocks
- The AI revolution is still picking up steam. Arm Holdings has a unique business model and a competitive advantage in chip design.
- 06/01/2024
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Cramer's Stop Trading: Arm Holdings
- CNBC's Jim Cramer explains why he is keeping an eye on shares of Arm Holdings PLC.
- 05/31/2024
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Arm offers new designs, software for AI on smartphones
- Arm Holdings on Wednesday unveiled new chip blueprints and software tools to help smartphones handle artificial intelligence tasks, along with changes to how it delivers those blueprints that could help speed their adoption.
- 05/29/2024
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Arm Looks To Add AI To Mobile Devices With New Framework
- Chip designer Arm Holdings introduced a new computing platform for mobile devices optimized for artificial intelligence.
- 05/29/2024
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The AI Dominators: 5 Stocks That Could Become the Next Trillion-Dollar Plays
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 05/29/2024
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Arm Holdings: An Asymmetric Opportunity
- Asymmetric reward-to-risk investments are the closest thing to a "holy grail" that exists. Arm Holdings has all the attributes of a potential big winner.
- 05/28/2024
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3 Overpriced AI Stocks That Will Only Hit You Where It Hurts
- Artificial intelligence is generally considered to be the “can't miss” opportunity of the 2020s and beyond. I've seen estimates of compound annual growth ranging from 19% through 2032 to a much higher 37% through 2030.
- 05/24/2024
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7 Tech Stocks That Could Be Millionaire-Makers: May Edition
- If you're wondering which tech stocks to buy this month, look no further. Technology stocks continue to offer investors big growth opportunities.
- 05/23/2024
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UK watchdogs fine Citi trading arm £60m after trader's fat finger error
- Citigroup Inc's (NYSE:C) Global Markets arm (CGML) has been fined over £60 million by City of London regulators after its slow reaction to a mistake by one of its traders led to US$1.4 billion of equities "being sold in European markets when they should not have been" and a sharp drop in some European market indices. The Financial Conduct Authority said its fine of £40 million, reduced to just under £28 million due to early payment, was for "failures in systems and controls" over the actions of a CGML trader in May 2022.
- 05/22/2024
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Future Millionaire's Alert: 3 Chip Stocks Set to Make You Rich in 10 Years
- Artificial intelligence (AI) breathed new life into the semiconductor industry. Reminiscent of the early days of the PC wars when chip stocks battled each other for supremacy by outdoing the latest advance by a rival, AI now has spawned new challengers to the old guard.
- 05/21/2024
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Could ARM Holdings Dethrone Nvidia?
- Alphabet recently announced an Arm-based CPU that is tailor-made for AI workloads. Arm and Nvidia are also partners.
- 05/21/2024
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2 Unstoppable Artificial Intelligence (AI) Growth Stocks You Can Buy and Hold for the Next Decade
- Top chipmakers like Nvidia and Apple build their most popular products on top of Arm Holdings' architecture. Palantir Technologies might just have the most intriguing AI platform on the market.
- 05/21/2024
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3 Artificial Intelligence (AI) Stock Picks With Incredible Potential (Hint: They're Not Nvidia)
- Voice-enabled ordering will soon be the standard at quick-service restaurants, and SoundHound AI is a leader in the space. Alphabet is remaking itself around AI technology.
- 05/20/2024
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Viking Holdings, IBD Stock Of The Day, Breaks Out; Cruise Lines Sail On Norwegian Guidance
- Viking Holdings is the IBD Stock Of The Day for Monday. Shares of the newly publicly traded parent of Viking Cruises are breaking out of a short IPO base. Viking and other cruise stocks sailed higher after Norwegian Cruise Line Holdings (NCLH) hiked its outlook. Los Angeles-based Viking Holdings (VIK) debuted on the New York Stock Exchange on May 1 at 24 per share. The IPO raised about $1.5 billion, making it the largest public offering since Arm Holdings (ARM) launched in September, according to data from IPO research firm Renaissance Capital. Viking was founded in 1997 and operates a fleet of nearly 100 smaller ships for luxury river, ocean and lake cruises across the globe. The company focuses primarily on Europe and the Mediterranean with niche, upscale experiences that feature art, science, history, culture and cuisine to target an older, wealthier audience. Viking's European river vessels have an average capacity of about 190 passengers and its ocean liners hold about 930 passengers. The company's typical passenger load pales in comparison to the 3,000 load of average cruise ships. Meanwhile, cruise demand is expected to grow from 31.5 million cruise travelers in 2023 to 35.7 million in 2024, according to Expedia Cruises. Viking shares on Monday surged 4.2% to 29.68, breaking out past an official 29.46 buy point for a new IPO base on the weekly chart, MarketSurge data shows. However, Viking releases its Q1 results early on May 29. That will be its first report as a public company. FactSet estimates are not yet available for the report. Investors can take a position in VIK stock, but won't have a lot of time to build a cushion before earnings. Viking stock ranks 17th in the Leisure-Services Group, according to IBD Stock Checkup. Royal Caribbean (RCL) leads the IBD industry group, which ranks 108th out of the 197 groups tracked by IBD. VIK stock's relative strength line has climbed in recent weeks. The stock has a 70 RS Rating out of a best-possible 99. Norwegian Cruise Line Holdings hiked its outlook Monday ahead of its investor day presentation. The Miami-based cruise line announced its new "Charting the Course" strategy, which includes investment initiatives in the company culture and employees, guest product offerings, Norwegian's growth platform, as well as optimizing performance. By the end of 2026, Norwegian expects to achieve adjusted earnings of $2.45 per share, representing a two-year compound annual growth rate of over 30% from 2024 to 2026. Norwegian plans to achieve an adjusted operational EBITDA margin of about 39% to approach historical levels. The company by the end of 2026 also intends to reduce its greenhouse gas emissions by 10% from 2019 baseline levels. "We have continued to see very strong demand and record bookings," CFO Mark Kempa said in the release. "We are now thrilled to launch this financial plan by setting long-term targets with increased 2024 guidance, putting ourselves on solid footing to enhance shareholder value in the coming years." Norwegian also raised its 2024 outlook based on its 2026 targets. The company now expects adjusted earnings to surge 103% to $1.42 per share, up from its prior forecast of $1.32 per share. Norwegian guided net yield growth to rise 7.2%, compared with the prior guidance of 6.4% growth. Norwegian now sees 2024 adjusted EBITDA increasing 23.6% to $2.3 billion. The cruise line guided adjusted EBITDA of $2.25 billion with its first-quarter results on May 1. Norwegian maintained its occupancy guidance of around 105.1% capacity. NCLH stock leapt 8.3% Monday to rebound back above its 21-day exponential moving average and 10-day lines. Shares are trading just shy of their 200-day line. Norwegian stock had fallen 14.8% in 2024. Royal Caribbean spiked 5% Monday on the Norwegian Cruise Line announcement. RCL stock is extended above a buy zone for a cup base following a late March breakout. Monday's move offered current investors an add-on entry as RCL cleared a few weeks of resistance. Royal Caribbean shares have rallied 15% year to date. Carnival (CCL) jumped 7% Monday to bounce strongly above its 50-day and 200-day lines. CCL stock is off 13.7% so far this year. You can follow Harrison Miller for more stock news and updates on X/Twitter @IBD_Harrison YOU MAY ALSO LIKE: Best Growth Stocks To Buy And Watch: See Updates To IBD Stock Lists Looking For The Next Big Stock Market Winners? Start With These 3 Steps Join IBD Live And Learn Top Chart Reading And Trading Techniques From Pros Learn How To Time The Market With IBD's ETF Market Strategy
- 05/20/2024
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Church & Dwight to Present at the dbAccess Global Consumer Conference
- EWING, N.J.--(BUSINESS WIRE)--Church & Dwight Co., Inc. (NYSE: CHD) will participate in a fireside chat at the dbAccess Global Consumer Conference on Tuesday, June 4 at 11:15 a.m. CEST (5:15 a.m. EST). A link to the broadcast will be provided through the Investors section of the Church & Dwight’s website. Church & Dwight Co., Inc. (NYSE: CHD) founded in 1846, is the leading U.S. producer of sodium bicarbonate, popularly known as baking soda. The Company manufactures and markets a wide range of personal care, household, and specialty products under recognized brand names such as ARM & HAMMER®, TROJAN®, OXICLEAN®, SPINBRUSH®, FIRST RESPONSE®, NAIR®, ORAJEL®, XTRA®, L’IL CRITTERS® and VITAFUSION®, BATISTE®, WATERPIK®, ZICAM®, THERABREATH® and HERO®. For more information, visit the Company’s website.
- 05/20/2024
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Prescient Therapeutics seeks to provide new tools for clinicians in combating cancer
- Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process.
- 05/20/2024
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Peninsula Energy uniquely placed as uranium junior with long term sales extending until 2030
- Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process.
- 05/20/2024
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Anson Resources confirms new Bosydaba#1 Well at Green River is rich in lithium and bromine
- Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF) has fielded strong assay results from brine testing at the new Bosydaba#1 well of the Green River Lithium Project in Utah, US, confirming the Mississippian Units on the tenure are rich in lithium and bromine. The brine assayed up to 139 parts per million (ppm) lithium and 4,604 ppm bromine, offering similar results to that of the nearby Paradox Lithium Project’s JORC-compliant mineral resource. According to Anson, the Mississippian Units at Green River stretch about 790 metres thick, with lower salt concentrations (low in iron, magnesium, calcium, potassium and boron) that should be beneficial to the lithium extraction process. The latest round of drilling also confirmed Anson’s modelling and interpretations, demonstrating the presence of a massive, supersaturated brine aquifer with high pressure of about 5,100 pounds of force per square inch (psi). The well will remain open for testing and production of samples for off-take partners, to be provided at the Green River Sample Demonstration Plant. Anson intends to feed these samples into a production flow sheet design while also creating large amounts of battery-grade material for testing and partnership negotiations. The significance of the availability of fresh brine from Bosydaba#1 well is that it is expected that the test results to be fed into the production flow sheet design will be more accurate as the brine will be as near as possible to that to be used in production. In addition, it will also be possible to produce larger amounts of battery-grade material for testing by offtake partners. The lithium value is 40% higher than the assay used as the minimum value in the lithium grade range and the bromine grade is 177% higher than the maximum value in the bromine grade range used in the initial exploration target calculations for the Green River Lithium Project. In addition, the thickness of the Mississippian is 263% higher than what was used in the calculation. Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process.
- 05/20/2024
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Venture Minerals appoints Philippa Leggat as managing director on resignation of Andrew Radonjic
- Andrew Radonjic, the long-term Venture Minerals Limited (ASX:VMS, OTC:VTMLF) managing director, has tendered his resignation, effective today, and former non-executive director Philippa Leggat will assume the role. Radonjic had been at the helm since 2006 and his tenure with Venture included the pivotal discovery of the Jupiter Rare Earths Project in Western Australia. In his 17-year period with the company, Radonjic navigated the business through some challenging economic periods, such as the global financial crisis and the COVID-19 pandemic, while expanding Venture's exploration portfolio. New MD Leggat, who joined the board in late 2023, led the board renewal process, which brought significant talent to the company, including Tim Lindley and Nick Cernotta. The initial drilling results from the Jupiter project highlighted its substantial potential, helping Venture attract high-calibre candidates. With more than 20 years of experience in the mineral industry, Leggat brings a wealth of knowledge gleaned from roles as an executive director and advisor to several ASX-listed companies, where she has been instrumental in capital raising, exploration, development and project evaluation. Leggat has a proven track record in negotiating value-accretive project acquisitions and effectively communicating an organisation’s competitive advantages to enhance its profile. In addition to advisory roles, Leggat has held key positions in various ASX-listed companies, including CEO of Comet Resources, executive director of Geopacific Resources and non-executive director of Kula Gold and Ensurance Ltd. She also serves as a non-executive director of Harena Resources, a private company focused on developing a significant ionic clay rare earths project in Madagascar. Non-executive chair Tim Lindley said: “We are excited to be appointing Philippa Leggat as managing director at this pivotal time for the company, where there is a clear opportunity to significantly advance the Jupiter Rare Earths Project, restructure the company to best position VMS for opportunities in critical minerals, and create substantial shareholder value. “We have a vision to make Venture one of the best rare earths and critical minerals companies in Australia. Philippa’s appointment is the next key step in that journey. "We strongly believe Philippa has the skills, capabilities and tenacity to drive the company forward through the next important phases for Venture Minerals. “We acknowledge Andrew’s 17 years of service as technical director and managing director. We thank him particularly for his valuable contribution in securing Jupiter for Venture shareholders and wish him all the best in his future endeavours.” Managing director Philippa Leggat said: “In Tim and Nick we have secured expert guidance that is founded on decades of delivering shareholder returns through capital markets and resource expertise. “I hope investors recognise how unusual it is to see people like these venturing into the junior end of the market. This is not their natural habitat and the implication of that for shareholders should set hearts racing. “We will be moving quickly in the coming weeks to focus our efforts on Jupiter, an asset with world-class potential, and we thank Andrew for bringing the opportunity to Venture. “It is my privilege to be handed the reigns of this incredible opportunity with Nick and Tim’s support. Venture has a once-in-a-lifetime opportunity; the asset, the people and the timing at the bottom of the pricing cycle. Welcome to the Jupiter journey.” Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process.
- 05/20/2024
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Palantir Stock or Arm Stock: Which Is the Best Artificial Intelligence (AI) Stock to Buy Now in May?
- Spending on artificial intelligence is soaring, and Palantir and Arm Holdings are poised to benefit from the increase.
- 05/20/2024
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Maximus Resources lands Foreign Investment Review Board approval for Lefroy lithium JV with Korean entity
- The Australian Foreign Investment Review Board (FIRB) has given Maximus Resources Ltd (ASX:MXR, OTC:MXRRF) the go-ahead to proceed on a joint venture with the Korea Mine Rehabilitation and Mineral Resources Corporation (KOMIR). KOMIR will invest US$3 million (around A$4.5 million) in exploration to earn a 30% interest in Maximus' Lefroy Lithium Project, in Western Australia's Eastern Goldfields lithium corridor. The Lefroy Lithium Project spans granted mining tenements in the Eastern Goldfields Lithium-Cesium-Tantalum (LCT) Province, near Mineral Resources’ Mt Marion and Bald Hill lithium mines. Maximus holds a diversified portfolio of gold, lithium and nickel exploration projects in the Kambalda region, with over 335,000 ounces of gold resources. Maximus managing director Tim Wither said: “Receiving FIRB approval is an important milestone for the strategic lithium partnership, allowing the company to progress the Lefroy Lithium Project, fully supported with KOMIR’s US$3 million investment. “We have made some significant progress during the FIRB review process, utilising a US$200,000 non-refundable deposit to build our geological understanding and identifying some very promising prospective targets at Kandui, Yilmia and Landor through the first-phase soil geochemistry mapping and a successful initial 3,000 metres RC drill program. “In November 2023, we successfully intersected several shallow high-grade spodumene-bearing pegmatites at our Kandui prospect, which will be the focus for the upcoming drill program, whilst drill testing the Yilmia and Landor prospects.” The first drilling program at Lefroy intersected multiple high-grade spodumene-bearing pegmatites, bearing out the company’s geological interpretation and confirming spodumene as the dominant lithium-bearing mineral, with results such as: In parallel with the first-phase drill program, Maximus collected 3,300 soil samples across the entire Lefroy lithium tenement package. The upcoming second phase drill program, set to commence shortly, will focus on the Kandui target. Maximus retains a 70% interest in the Lefroy Lithium Project at the end of the farm-in period, maintaining significant upside potential. A separate Memorandum of Understanding (MOU) with LG Energy Solution Ltd offers the option to acquire KOMIR's 30% interest and negotiate the purchase of up to 70% of the Lefroy Lithium Project’s future lithium product. With FIRB approval secured and supported by KOMIR's substantial investment, Maximus is now primed to advance the Lefroy Lithium Project. Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process.
- 05/20/2024
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Keywords Studios up 62% after EQT approach; could the ante be upped?
- Keywords Studios PLC (AIM:KWS, OTC:KYYWF) saw its shares jump 62% in early trading after confirming a £2.2 billion bid approach from EQT Group. The proposed deal, which offers £22.50 per share, represents a more than 50% premium to Keywords' last closing price. Shareholders would also receive a final dividend payment if the acquisition proceeds. Keywords, which provides services to the gaming industry, stated this bid was one of several from the private equity firm. However, the board indicated this particular offer might be recommended. EQT, managing around £200 billion in assets, has until June 15 to make a formal offer. The company, which serves clients like Activision Blizzard and Tencent, has faced challenges with its share price dropping nearly 50% since September 2021 due to concerns over AI replacing some of its services. Despite this, the board remains confident in its growth strategy, which EQT supports. In early trading, the stock was up 904p at £23.74 - £1.24 above the indicative offer (and suggesting the bid may go higher). Shore said the current deal surpassed its fair value for the stock, which was around £18. Peel Hunt said the offer represented 12 times underlying earnings (EBITDA), which was essentially the level at which Keywords shares were trading before confidence was undermined by the threat posed by generative AI. The broker points out that recent gaming platform take-outs have completed at an average of 16 times EBITDA. Sumo Group, a company very similar to Keywords, was acquired at a multiple of 32 times n 2021, while Codemasters, a publisher and developer of its own games, was acquired at a multiple of 31 times in December 2021, Peel Hunt noted. Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process.
- 05/20/2024
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IQ-AI boosted with second FDA rare pediatric disease designation for GaM
- IQ-AI Ltd (LSE:IQAI, OTCQB:IQAIF) told investors that its subsidiary, Imaging Biometrics, has received a second US FDA Rare Pediatric Disease Designation (RPDD) for its lead drug candidate, oral gallium maltolate (GaM). The designation is for the treatment of pediatric-type diffuse high-grade glioma (HGG), a cancer with poor prognosis due to the early dissemination of cancer cells and challenges in surgical resection, it noted. Such designations provide significant strategic and financial benefits, including eligibility for Priority Review Vouchers (PRVs) which can expedite FDA review processes, or can be sold to other companies. "This second Rare Pediatric Disease Designation for IB-003 reflects our commitment to address the needs of children affected by these conditions," Q-AI chief executive Trevor Brown said in a statement. "Building upon these designations, we are exploring ways to accelerate and expand the application of IB-003." HGG comprises four distinct subtypes as classified by the 2021 World Health Organization (WHO) CNS5. These subtypes are diffuse midline glioma, diffuse hemispheric glioma H3 G34-mutant, diffuse pediatric high-grade glioma H3 wildtype and IDH wildtype, and infant-type hemispheric glioma. The FDA defines rare pediatric diseases as serious or life-threatening conditions affecting fewer than 200,000 individuals under 18 years of age. GaM's RPDD follows an earlier designation for the treatment of atypical teratoid rhabdoid tumor (ATRT), leveraging pre-clinical data that showed growth inhibition and extended survival in treated groups. Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process.
- 05/20/2024
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Chariot kicks off OBA well drilling
- Chariot Ltd (AIM:CHAR, OTC:OIGLF) told investors it has started drilling the OBA-1 well, on the Dartois prospect located in the Loukos Onshore licence, in Morocco. The Dartois target holds an estimated recoverable prospective resource of 12 billion cubic feet (Bcf). It is targeting a different trapping style compared to the Gaufrette prospect drilled by the RZK-1 well. Success at Dartois could potentially unlock additional prospects with a combined resource estimate of 20 Bcf. "We are pleased to be underway with our second well in this drilling campaign, having spud the OBA-1 well within short order of completing operations at Gaufrette,” Chariot technical director Duncan Wallace said in a statement. “We are now testing an independent prospect at Dartois, which is in a different reservoir fairway and along trend from an existing gas discovery, and we look forward to providing an update on the results in due course." Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process. ARway.ai (CSE:ARWY, OTCQB:ARWYF) Chief Product Officer Shadnam Khan joined Steve Darling from Proactive to announce two new strategic partnerships with Ershad Technologies and Walkk. Ershad Technologies, based in Saudi Arabia, is a technology agency specializing in advanced augmented reality (AR) technologies. They focus on delivering immersive AR experiences on mobile platforms, providing comprehensive implementation services aimed at improving visitor experiences and enhancing marketing solutions through the strategic use of AR technology. Walkk, a 3D and AR-focused technology startup based in Oman, has joined ARway as a developer. Walkk is set to develop and deploy an indoor navigation app for the Comex 2024 Global Technology Show, taking place from May 27-30 in Oman. The partnership aims to showcase the capabilities of Walkk and ARway to secure new projects in the Oman market.
- 05/20/2024
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AFC forms partnership to supply fuel cell modules with Niftylift
- AFC Energy PLC (AIM:AFC, OTC:AFGYF) has won a contract to supply its hydrogen-powered S Series fuel cell modules to Niftylift, one of the largest providers of mobile elevated work platforms (MEWP) in Europe. The AIM-listed company said a collaboration has been agreed whereby it will sell the fuel cell modules packaged specifically for Niftylift’s hydrogen-electric ‘H2E’ range of powered access MEWPs. Sales will begin in early 2025, it said, with Milton Keynes-based Niftylift, which also has offices in German, the Netherlands and the USA, will integrate the modules into their H2E platforms before “assessing opportunities to scale the fuel cells into larger MEWPs”. AFC said Niftylift’s existing level of sales for its zero-emission H2E series in Europe, the US and Middle East “already highlights the immediate opportunity and scale of the market”. One of its existing customers is construction market specialist Speedy Hire, with which AFC already has another partnership. AFC chief executive Adam Bond said: “The agreement builds on our H-Power generator offering by opening new opportunities for system integration with heavy plant and equipment. “Combining the volume of fuel cell modules deployed in H-Power generators with new partners such as Niftylift, builds on the economies of scale available through our supply chain, driving down costs to end users.” Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process.
- 05/20/2024
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Keywords Studios confirms £2.2bn private equity bid approach
- Keywords Studios PLC (AIM:KWS, OTC:KYYWF) has confirmed the receipt of a bid approach from EQT Group worth around £2.2bn. Dublin-based games services specialist Keywords said it was one of a series of potential deals tabled by the private equity firm, but this one being at the value the "board would be minded to recommend". EQT, which has around £200 billion under management, has until the close of business on June 15 to table a formal offer. If the acquisition goes ahead, Keywords investors would receive £22.50 a share - a 53% premium to Friday's closing price - plus they'd be entitled to the final dividend payment. Since hitting a high of more than £33 in September 2021, the shares have almost halved in value amid worries that AI may be used to carry many of the games industry tasks outsourced to the company by customers such as Activision Blizzard and Tencent. In the last year, the share price has tumbled 36%. In a statement to the stock exchange Keywords: "The board remains confident in the company's growth strategy of building the only truly global platform providing solutions to the video games and entertainment industries, both organically and through acquisitions, and EQT is supportive of this strategy. The company employs 13,000 people in 26 countries and has grown from a £50 million market capitalisation when it debuted on AIM in 2023. Ocado Group PLC (LSE:OCDO) is in the midst of an identity crisis. Ocado, via its ocado.com joint venture with Marks & Spencer Group plc, operates its own online grocery store in the UK. This we all know; Ocado vans are a mainstay of Britain’s congested traffic lanes. But at its heart, Ocado is – or is at least trying to position itself as – a technology company. Not everyone has got the memo though, particularly Britain’s investment class, which has refused to price Ocado’s shares in alignment with other tech stocks. This has led rumours swelling that Ocado is poised to handle its identity crisis in the same fashion as many other British technology companies before it- by moving its primary listing stateside. Some have completely dismissed these rumours, including Shore Capital Markets’ Clive Black, who in April called it a “stunt from wherever to boost the heavily loss-making British ‘tech’ company’s share price”. But is there a legitimate point behind the rumours and if so, what would be the justification for Ocado seeking a more welcoming investment class outside of the Square Mile? By the numbers Technology is without a doubt Ocado’s fastest-growing sales line. In full-year results published in February, technology sales grew 44% year on year while retail grew just 7%. Tech is still a significantly smaller segment though, bringing in £429 million worth of sales in 2023 compared to retail’s £2.4 billion-plus. Any potential divorce between the two would make Ocado a substantially smaller operation. It would also make Ocado “higher quality, with higher margins, more recurring revenue and much lower capex”, said one investment analyst speaking with Proactive on the matter. As of 17 May, Ocado’s share price is effectively a 1:1 ratio of all combined operations on a price-to-sales basis. If using Ocado’s forward guidance of mid-to-high single-digit revenue growth, the PS ratio dips below 1:1. Not unheard of in the low-margin retail space, but criminally cheap in the tech space. Undervalued, underappreciated Simply put, Ocaco is objectively undervalued as a tech company. But according to the analyst, this is “not necessarily a lack of understanding” among the investment community. “It might be more about a lack of belief in the business model, especially compared to North American investors who are more open to futuristic bets.” Ocado also has a history of disappointing financial results, breeding further scepticism among Square Mile investors. Garyth Stone, managing director of investment bank Houlihan Lokey (NYSE:HLI)’s consumer, food and retail group, said: “The UK market focuses more on cash flow, profitability, and dividend stability… If (Ocado moved its listing) to the NASDAQ, it might get a fresher perspective from US investors.” True, British tech companies do command superior valuations stateside (hello Arm Holdings PLC (NASDAQ:ARM)), but there is a key difference between Ocado and Arm, or indeed other British companies that have made the move, such as Darktrace and non-tech companies like Flutter. These companies that have moved stateside have done so partially because that is where most of their sales come from. Ocado, on the other hand, is still a UK-centric business. Stone agreed that US investors prefer companies with significant US sales, “but listing on the NASDAQ, which is more internationally focused than the New York Stock Exchange, could still be beneficial. It's not a magic bullet, but it could be a sensible move”. Spinning out Listing change or no listing change, some analysts see a spinning out of Ocado’s retail operations as a very logical next step that is likely being considered by management. AJ Bell analyst Russ Mould echoed this sentiment: "In doing so, Ocado would no longer be associated with the little vans that deliver loaves of bread to Mrs Miggins. That act in itself would be an important first step in trying to get the market to look at the business in a different way." This may have already been foreshadowed with the recent addition of Gavin Patterson to the board. As former chief executive of BT and former president and chief finance officer of Salesforce, Patterson ticks all of the boxes- B2B, tech and US capital markets. It’s almost too convenient. Commenting on his addition to the board, Patterson called Ocado “a true technology pioneer… It has developed and proven applications of AI and robotics that solve some of the most complex supply chain challenges in grocery and logistics. I look forward to working with the board and the leadership team at this exciting time”. Whether this ‘exciting time’ is an allusion to a stateside move will be determined in due course. One thing is for certain- the recent controversy over Ocado’s chief executive Tim Steiner’s salary won’t have sweetened London’s appeal. Dissenting shareholders (comprising nearly a fifth of total votes) were vexed at Steiner’s potential £15 million remuneration package, given shares are off 88% since the pandemic-era Halcyon days. Shareholder advisory firms, meanwhile, criticised Ocado’s refusal to pay a real living wage. All valid points that nonetheless feed into the thesis for listing in a place where middling issues like 1,800% bonus multipliers and fair hourly wages aren’t as contentious. Putting the ‘how’ aside, there is little doubt that Ocado needs to make big changes to turn the ship around and recover lost value. Don’t be massively surprised if the Square Mile loses another member in the process.
- 05/20/2024
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What's Going On With Arm Stock?
- Arm Holdings recently launched a next-generation technology that is driving increasing customer adoption.
- 05/18/2024
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Arm Holdings' New Planned Artificial Intelligence (AI) Chip Could Jump-Start Revenue Growth. Is Now the Time to Jump in and Buy the Stock?
- Arm Holdings turned in strong fiscal 2024 Q4 results as revenue soared during the quarter. The company added subscription customers, who are being drawn to it as they look to build out technology for AI.
- 05/18/2024
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Huge Artificial Intelligence (AI) News for 3 Tech Companies This Week -- None of Which Are Named Nvidia
- Arm Holdings announced it would make its own AI accelerator in a break with its current licensing model. Google unveiled its new generation of TPUs and associated Google-branded AI services.
- 05/18/2024
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Is Arm Holdings Stock a Buy Now?
- Arm Holdings' guidance for the current fiscal year was slightly below expectations. The robust demand for AI chips has given Arm's future revenue pipeline a nice boost.
- 05/17/2024
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Arm Stock Has 20% Downside, According to 1 Wall Street Analyst
- Arm Holdings reported fantastic quarterly growth last week, but its full-year 2024 results were pretty ho-hum. 2025 forecasts look similar to 2024: Good, not great performance, leading investment bank Bernstein to rate the stock a sell.
- 05/17/2024
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What's Going On With Arm Holdings Stock?
- Arm Holdings is forecasting robust revenue growth for several years amid rising demand for artificial intelligence.
- 05/17/2024
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Investors eye these 4 top-performing semiconductor stocks for quick returns
- Semiconductor stocks have been the front and centre of all financial debates as investors and analysts alike continue to focus on artificial intelligence this year. Having said that, here are the top 4 top-performing semiconductor stocks for quick returns.
- 05/15/2024
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Is Artificial Intelligence (AI) Stock Arm Holdings a Buy Right Now? 3 Things You Need to Know
- Arm posted strong fourth-quarter results, but the stock still fell. The stock is expensive at a forward price-to-sales ratio of 27, but it's among the leaders in the AI boom.
- 05/15/2024
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1 Stock (Not Nvidia) Could Be a Massive Winner From Data Center AI Chips
- Arm Holdings shared various updates investors should know during its latest earnings call.
- 05/14/2024
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What Artificial Intelligence (AI) Investors Should Know About Arm Reportedly Entering the AI Chip Race
- Arm Holdings may be preparing to enter the AI Chip market.
- 05/14/2024
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Forget Nvidia: 2 Super Semiconductor Stocks to Buy Hand Over Fist, According to Certain Wall Street Analysts
- Nvidia is the poster child for the artificial intelligence (AI) revolution thanks to its industry-leading AI processors. Some investors are looking for alternatives to the godfather of AI chips.
- 05/14/2024
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1 Reason to Buy Arm Holdings Stock and 1 Reason to Stay Away
- Arm has great long-term growth prospects as Arm-based chips proliferate outside of smartphones and embedded applications. Cloud giants are increasingly designing their own Arm-based server chips.
- 05/14/2024
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A Bull Market Is Here: 2 Artificial Intelligence Stocks Down 27% and 60% to Buy Right Now
- Intel is facing some powerful near-term headwinds, but the stock has explosive comeback potential. Favorable demand trends look poised to drive strong gains for Arm stock.
- 05/13/2024
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Now Even Apple Wants to Make Data Center Chips! Which Are the 3 Best Chipmaker Stocks to Buy?
- Apple (NASDAQ: AAPL ) is best known for its consumer electronic products that develop a cult-like following. In fact, the tech stock is a formidable chipmaker.
- 05/13/2024
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Tech Stocks on the Move Today: Squarespace, Arm, and More
- Tech stocks rose in intraday trading Monday, with the S&P 500 Information Technology Sector Index 0.6% higher as of noon ET, while the tech-heavy Nasdaq was 0.2% higher. The broader S&P 500 was flat.
- 05/13/2024
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Countdown to Nvidia earnings and Arm Holdings setting up an AI chip unit
- CNBC's Kristina Partsinevelos joins ‘Halftime Report' to discuss the latest news on ARM Holdings setting up an AI chip unit.
- 05/13/2024
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Arm working on AI-based chip designs, according to reports
- Arm Holdings PLC (NASDAQ:ARM) plans to introduce artificial intelligence-focused chips by 2025, according to a report by Nikkei. The British tech giant, which floated on the Nasdaq in 2023, aims to integrate these chips into smartphones and other devices to enhance performance and efficiency.
- 05/13/2024
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Arm Stock Pops on Artificial Intelligence Chip Plans
- Wall Street newbie Arm Holdings PLC (NASDAQ:ARM) is 2.8% higher to trade at $111.91 at last glance, after Nikkei Asia reported the semiconductor name hopes to launch its first artificial intelligence (AI) chip next year.
- 05/13/2024
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Is Arm Holdings Stock a Buy Before Nvidia's Earnings?
- ARM stock is up over 50% this year.
- 05/13/2024
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Arm Holdings expanding into AI chips: Right time to buy the stock?
- Arm Holdings plc (NASDAQ:ARM) has set the stage for a seismic shift in the semiconductor industry with its bold entry into the realm of artificial intelligence (AI) chips. Recent reports from Nikkei Asia indicate that Arm, a UK-based chip designer under the umbrella of SoftBank Group Corp.
- 05/13/2024
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Arm to Launch AI Chips Soon, Report Says. The Stock Is Rising.
- The company, which listed in New York last year but is still controlled by Japan's Softbank, is setting up an AI division and will have a prototype in the spring of next year, Japan's Nikkei news agency reported.
- 05/13/2024
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SoftBank's Arm to reportedly launch AI chips by 2025 to capture explosive demand
- The U.K.-based chip designer, in which SoftBank has a 90% stake, will set up an AI chip unit to build a prototype by spring 2025, according to the report.
- 05/12/2024
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Arm Stock in Focus After Reportedly Planning to Launch AI Chips
- Shares in UK-based chip design giant Arm Holdings (ARM) will be in focus on Monday after Nikkei Asia reported Sunday that the company plans to develop artificial intelligence (AI) chips, aiming to launch its first porotype in early 2025.
- 05/12/2024
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Arm aims to launch AI chips in 2025: report
- Chip designer Arm Holdings is seeking to develop its first artificial-intelligence chips, with an eye on launching them in 2025, according to a report Sunday.
- 05/12/2024
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Arm Holdings plans to launch AI chips in 2025, Nikkei reports
- SoftBank Group's Arm Holdings , plans to develop artificial-intelligence chips, seeking to launch the first products in 2025, Nikkei Asia reported on Sunday.
- 05/11/2024
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Top 4 "Secret" Artificial Intelligence (AI) Stocks You Should Know
- There are tons of AI stocks outside of Nvidia. They range from small caps to trillion-dollar companies and span many industries.
- 05/11/2024
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Is Arm Holdings Stock a Good Investment?
- Arm Holdings disappointed investors with a less-than-stellar forecast for 2024.
- 05/11/2024
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Is Arm Holdings Stock Going to $145? 1 Wall Street Firm Thinks So.
- Arm recently reported better-than-expected financial results for the March-ending quarter, but the stock still fell. Evercore ISI kept an outperform (buy) rating on the shares but lowered its price target to $145.
- 05/09/2024
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Arm Holdings (ARM) is Not the Beneficiary of A.I. Right Now
- It doesn't look like Arm (ARM) is the beneficiary of A.I. right now, notes Kim Forrest.
- 05/09/2024
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Arm's stock dips after earnings, but here's the case for optimism
- Arm Holdings PLC shares were paring losses Thursday, but still poised to end the session in the red after a report that failed to live up to Wall Street's high expectations for the chip-design name.
- 05/09/2024
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Chipmakers' lackluster earnings raise concerns about the future of AI
- Chip company Arm Holdings' (ARM) disappointing 2025 forecast could be signaling slowdowns in AI demands. Big Tech companies like Meta (META), Microsoft (MSFT), and Alphabet (GOOG, GOOGL) have all announced major investments in building out their AI infrastructures.
- 05/09/2024
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Arm stock under pressure following disappointing revenue outlook
- Arm Holdings (ARM) shares are under pressure after its full-year revenue forecast missed Wall Street expectations. The chip company did, however, beat analyst EPS and revenue expectations in its fiscal fourth quarter.
- 05/09/2024
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Arm Holdings (ARM) Falls on Poor Revenue Guidance
- Arm Holdings (ARM) falls on poor revenue guidance. Kevin Green discusses this as ARM's 4Q adjusted EPS came in at $0.36 versus an estimated $0.30 and revenue came in at $928.00M versus an estimated $884.96M.
- 05/09/2024
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A.I. Stocks Hitting Turbulence?
- It appears, A.I. stocks are hitting a little turbulence during earnings season.
- 05/09/2024
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Arm's Earnings Stumble Could Create A Golden Entry Point
- After popping more than 100% after their last earnings report in February, expectations would have been high for shares of Arm Holdings plc NASDAQ: ARM to continue rallying into the summer. The UK-headquartered semiconductor and chip software company was riding high off the back of a red-hot IPO and an AI-driven surge in demand for its products.
- 05/09/2024
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Chip designer Arm's shares plunge 8% after disappointing revenue guidance
- Shares of Arm fell 8% in premarket trading on Thursday, as disappointing revenue guidance from the firm clouded a positive sales quarter driven by AI demand.
- 05/09/2024
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Arm's stock was 'very clearly priced for perfection': Musketeer Capital Partners
- Josh Koren, chief investment officer at Musketeer Capital Partners, discusses what's behind Arm's valuation.
- 05/09/2024
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British chipmaker Arm fails to impress with lukewarm forecast
- British microchip designer Arm Holdings PLC (NASDAQ:ARM) failed to impress with its fourth-quarter results. The US-listed technology giant posted record revenues of $928 million for the quarter, up 47% year on year, with full-year revenues increasing 21% to $3.23 billion.
- 05/09/2024
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Arm Holdings sees $7bn wiped from its value as guidance underwhelms
- Around $7bn was wiped from the value of Arm Holdings PLC (NASDAQ:ARM) overnight after the US-listed UK chip designer disappointed the Street with below-par revenue guidance. Despite a strong fourth-quarter performance, where revenue surged 47% to $928 million, surpassing the expected $875.6 million, and earnings reached 36 cents per share, the outlook remained underwhelming.
- 05/09/2024
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JPMorgan's Australia arm fined $509,000 for allowing suspicious client orders
- JPMorgan's Australian arm has been fined A$775,000 ($509,252.50) for allowing suspicious client orders to be placed on wheat futures trading designed to manipulate the market, the country's corporate regulator said on Thursday.
- 05/08/2024
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Another Flat Day with Big Afternoon Earnings: ARM, ABNB & More
- Over the past week or so of trading, the major indices have been treading water.
- 05/08/2024
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ARM Holdings Plc (ARM) Q4 2024 Earnings Call Transcript
- ARM Holdings Plc (NASDAQ:ARM ) Q4 2024 Earnings Call Transcript May 8, 2024 5:00 PM ET Company Participants Ian Thornton - VP, IR Rene Haas - CEO Jason Child - CFO Conference Call Participants Ross Seymore - Deutsche Bank Vivek Arya - Bank of America Securities Matt Ramsay - TD Cowen Mehdi Hosseini - Susquehanna International Group Charles Shi - Needham & Company Toshiya Hari - Goldman Sachs Ananda Baruah - Loop Capital Gary Mobley - Wells Fargo Lee Simpson - Morgan Stanley Timm Schulze-Melander - Redburn Atlantic Harlan Sur - JPMorgan Operator Good day, and thank you for standing by. Welcome to the ARM Fourth Quarter Fiscal Year Ending 2024 Conference Call.
- 05/08/2024
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Arm Holdings, Robinhood, Airbnb, Bud Light parent ABInbev – Markets Defused
- Markets Defused aims to give an easy-to-understand and straightforward recap of the day's most engaging stock market news. Arm outlook underwhelms traders Robinhood revenues see big crypto boost Airbnb stock slips on softer spring forecast Bud Light owner is shaking off boycott impact Arm ‘smashed' forecasts but stock slumped on softer outlook Arm Holdings Plc's (NASDAQ:ARM) forecasts for its new financial year underwhelmed, despite the most recent quarter easily exceeding expectations.
- 05/08/2024
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TTD, ARM, ABNB, CART: Earnings Just Released
- The Trade Desk (TTD), Arm Holdings (ARM), Airbnb (ABNB), and Instacart (CART) earnings were recently released. Caroline Woods and Kevin Green discuss these earnings.
- 05/08/2024
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Arm Stock Plunges Despite Revenue, Earnings Beat as Guidance Misses Expectations
- Arm Holdings (ARM) shares tumbled over 6% in extended trading Wednesday after the British semiconductor chip designer's better-than-expected results for the fiscal fourth quarter were overshadowed by guidance for fiscal 2025 that missed estimates.
- 05/08/2024
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ARM Q4 earnings breakdown, plus outlook for chip stocks
- Shares of Arm Holdings (ARM) are falling Wednesday despite surpassing expectations on both the top and bottom lines in its fourth quarter results. To shed light on this unexpected market reaction, New Street Research Analyst Rolf Bulk joins Yahoo Finance.
- 05/08/2024
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Next Bull Wave: 7 Stocks Ready to Dominate in the Upcoming Rally
- If you're on the hunt for stocks to buy for the next bull market, look no further. Uncovering opportunities is essential in tech and finance to take advantage of the upcoming wave of industry expansion.
- 05/08/2024
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Sabadell's UK arm TSB plans fresh job cuts, branch closures
- TSB, the UK banking arm of Spain's Sabadell , is seeking 250 job cuts and 36 branch closures, a spokesperson for the bank and employee union Unite said on Wednesday, as the lender accelerates a restructuring push to save costs.
- 05/08/2024
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Will Top-Line Improvement Aid Arm Holdings' (ARM) Q1 Earnings?
- We expect Arm Holdings (ARM) to witness strong growth across businesses in the fourth quarter of fiscal 2024.
- 05/07/2024
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Should You Buy ARM Holdings (ARM) Ahead of Earnings?
- ARM Holdings (ARM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/07/2024
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Should You Buy Arm Holdings (ARM) Ahead of Q4 Earnings?
- We expect Arm Holdings (ARM) to report strong top and bottom lines in the fourth quarter of fiscal 2024.
- 05/06/2024
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Why Arista Networks, Advanced Micro Devices, and Arm Holdings Fell in April
- Inflation fears re-emerged in April after a hot March CPI report. Two semiconductor bellwethers had imperfect earnings reports, sending the sector down.
- 05/06/2024
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Robinhood Stock Falls. SEC Recommends Enforcement Action Against Crypto Arm.
- The regulator has made a “preliminary determination” to recommend the SEC file an enforcement action against the company, according to a securities filing.
- 05/06/2024
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Where Will Arm Holdings Stock Be in Five Years?
- Like many tech stocks, Arm Holdings is soaring on optimism surrounding its potential in artificial intelligence. The company's inflated valuation has become hard to justify.
- 05/05/2024
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3 Artificial Intelligence (AI) Stocks to Buy With $715 and Hold for Decades
- ARM Holdings is the fundamental base layer for much of the world's technology. Tesla is betting billions on its success in autonomous driving.
- 05/05/2024
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4 Service Firms Poised to Beat Estimates This Earnings Season
- Here, we have picked four business service stocks that are likely to beat earnings estimates, namely, Arm Holdings (ARM), AppLovin Corporation (APP), Maximus (MMS) and Envestnet (ENV).
- 05/02/2024
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Why Nvidia, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Slumped on Wednesday
- Excitement regarding the prospects for artificial intelligence (AI) has driven many stocks higher. Results by one company in the space, while robust, were weaker than investors had hoped.
- 05/01/2024
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My Top Tech IPO to Buy in April
- Arm Holdings has an attractive business model that generates a lot of recurring revenue. AI is the next big growth opportunity for the company.
- 04/28/2024
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Why Arm Holdings, SoundHound AI, and Bigbear.ai Holdings Rallied This Week
- AI stocks rebounded this week after a month-long swoon. Big tech's enthusiastic spending plans for AI were enough to overcome fears of higher interest rates.
- 04/26/2024
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Semiconductor Shakeout: Finding Potential Amidst Turmoil
- The semiconductor sector, usually a beacon of market strength, found itself in a storm last Friday. Shares of NVIDIA Corp. NASDAQ: NVDA closed the day down 10%, wiping out nearly $200 billion in market capitalization.
- 04/26/2024
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Alarm Bells: 3 Overvalued Tech Stocks to Sell Before the AI Bubble Bursts
- As the days pass and the market slowdown continues, many analysts are wondering if the artificial intelligence (AI) bubble has finally popped. From a logical perspective, several companies have disproportionately benefited from the AI moniker and related marketing.
- 04/25/2024
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Why BigBear.ai, Super Micro Computer, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Surged on Tuesday
- The adoption of AI continues, but AI stocks have been volatile. Nvidia announced a key strategic partnership that could boost its fortunes and benefit several of its collaborators.
- 04/23/2024
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Why Nvidia, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Rallied on Monday
- Several AI stocks are rebounding from a beating over the past couple of weeks. Volatility will continue as the adoption of AI plays out, not over months, but years.
- 04/22/2024
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Abandon the AI Bandwagon? 3 Stocks Flashing Sell Signals
- Last Friday saw an absolute bloodbath for some of the market's hottest AI stocks. Market darling Nvidia (NASDAQ: NVDA ) nosedived 10% in a single session.
- 04/22/2024
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Nvidia Stock Was Not the Only Semiconductor Stock to Plummet on Friday -- Time to Buy?
- Arm Holdings stock dropped over 16% on Friday. Is now the time to buy?
- 04/22/2024
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Is Arm Holdings Stock a Buy?
- Arm Holdings is a force in chip design. The company is taking market share across all its primary end markets.
- 04/21/2024
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Silicon Valley's Next Unicorns: 3 Tech Disruptors to Buy on Weakness
- In his book “100 Baggers,” investors Christopher Mayer describes rare stocks that return $100 to shareholders for every $1 of capital invested. These type of multi-bagger stocks, or heavy compounders, are often referred to as “unicorns” on Wall Street because they are so rare.
- 04/20/2024
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Why Arm Holdings Stock Plunged Today
- Super Micro Computer failed to pre-report revenue, which one analyst saw as a warning sign. The overall AI stock bubble is deflating.
- 04/19/2024
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Arm Stock Tumbles on Downgrade Ahead of Earnings
- The chip design firm's stock is off more than 20% this week, during a rough stretch for tech overall.
- 04/19/2024
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Why Arm Holdings, Indie Semiconductor, and Logitech International All Slumped This Week
- Chip bellwethers ASML and TSMC threw some cold water on early-year semiconductor optimism. Outside of the data center, AI has yet to spark a rally in smartphones, PCs, and edge devices.
- 04/19/2024
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3 Semiconductor Stocks to Buy Now: Q2 Edition
- Semiconductors have become so ubiquitous and important in our modern lives that people refer to the tiny electronic wafers as the “oil of the 21st century.” McKinsey & Co. has labeled the 2020s the “semiconductor decade” and forecast that the global industry will be worth $1 trillion by 2030.
- 04/19/2024
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Could Arm Holdings Stock Help You Become a Millionaire?
- Arm's market cap is already well above $100 billion. Many "millionaire-maker" stocks started as small-cap stocks.
- 04/19/2024
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Arm Holdings Stock Has 45% Upside, According to 1 Wall Street Analyst
- The advent of generative AI has been a boon to Arm stock, and the trend is just getting started. The expansion of AI into smartphones, data centers, and the Internet of Things will further boost demand.
- 04/19/2024
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Keep Your Distance! Arm Stock Doubled, but Now It's in a Bubble.
- Share-price momentum is fine, but it's not the be-all and end-all. Sensible investors should also consider a company's valuation, and Arm (NASDAQ: ARM ) is a perfect example of this.
- 04/19/2024
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7 Under-The-Radar Growth Stocks to Buy for Multibagger Returns by 2030
- Whenever I find good growth stock ideas for long term investing, I always check on the social media interest. There are stories being widely discussed with multibagger targets.
- 04/18/2024
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Why Arm Holdings Stock Took a Dive Today
- AI stocks fell broadly on ASML's update. Arm is more expensive than most AI stocks.
- 04/17/2024
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Arm Stock Eyes This Segment As Software Will Become 'Survival' For Automakers | IBD
- Since its blockbuster return to the public market in September 2023, chip designer Arm has dazzled investors with its strong price history. And while the company is known for its mobile phone technology, CEO Rene Haas has signaled that Arm's automotive segment is a key area of focus as the era of smart cars has upped the demand — and price — for the high-performing chips powering our vehicles.
- 04/17/2024
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Here Are My 2 Top Artificial Intelligence (AI) Stocks to Buy Right Now
- Many AI stocks have taken a breather, but there's still a lot of potential in the sector. TSMC is well-positioned to benefit from increased demand for AI chip manufacturing.
- 04/17/2024
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Bank of America delivers earnings beat after best opening quarter for trading arm
- Bank of America Corp (NYSE:BAC) shares fell in pre-market trading even though first-quarter earnings fell less than expected. The lender reported an 18% fall in net income to $6.7 billion for the first three months of 2024, on revenue down 2% to $25.8 billion.
- 04/16/2024
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Semiconductor Stocks Q4 Overview: AI Gains Heat Up
- Semiconductor stocks are standout performers so far in 2024, with investor appetite for AI stocks remaining elevated as AI chip leader Nvidia continues its streak of high growth. Nvidia and Micron are leading the way with 82.7% and 58.1% estimated revenue growth for the current fiscal year. As building blocks for AI and other developing megatrends, semiconductors remain a vital sector to track for tech investors, due to their position at the forefront of AI.
- 04/16/2024
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Is There An AI Bubble? Ask This Instead, Plus 4 AI Stocks I Own
- Predictions about transformative technologies often miss the mark (here are some crazy examples). Artificial intelligence (AI) is carrying the market, and many ask if we are in another bubble.
- 04/14/2024
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Better Artificial Intelligence (AI) Stock: Nvidia vs. Arm Holdings
- Nvidia has been a top AI stock over the past year or so and a look at its potential growth suggests that it is built for more upside. Arm Holdings is a key technology provider that's all set to take advantage of the growing demand for AI chips.
- 04/14/2024
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Apple stock or ARM stock? Analyst weighs in
- In another installment of Yahoo Finance's Good Buy or Goodbye, RSE Ventures Co-Founder and CEO Matt Higgins joins Josh Lipton to share his insights into iPhone maker Apple (AAPL) and chip company Arm Holdings (ARM). Higgins names Apple shares as his good buy, stating that the tech leader may be on the up-and-up after the stock slid in 2024's first quarter.
- 04/12/2024
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Opportunities in European-Based Stocks
- The economy is the doldrums, but interest rate cuts are on the horizon, notes Michael Field. He discusses what ECB's latest rate pause means for investors.
- 04/11/2024
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7 Must-Buy Growth Stocks That are Blue-Chips in the Making
- Blue-chip growth stocks are not made overnight. These stocks represent companies that have built their business over years or decades.
- 04/10/2024
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AI Leaders Retreat: Generational Buying Opportunity?
- Amateur investors often hope for a pullback but never pull the trigger when it occurs. That said, a pullback in AI stocks may offer a juicy reward-to-risk zone to take advantage of.
- 04/10/2024
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Is AI Chip Leader Arm Stock A Buy After Surging 152% From An Entry?
- AI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?
- 04/10/2024
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Why Arm Holdings Stock Lost 11% in March
- Weak guidance from some semiconductor peers weighed on Arm stock. The company got past its post-IPO lockup expiration without a major sell-off.
- 04/09/2024
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Google's Arm-based chip is a 'flexing the muscles' moment, says Wedbush's Dan Ives
- Dan Ives, Wedbush Sr. Equity Research Analyst, joins 'Closing Bell Overtime' to discuss Google's new Arm-based chip, Alphabet hitting record highs, Apple's recent performance and more.
- 04/09/2024
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ARM CEO: A.I. Could Consume 25% of U.S. Power by 2030
- Google (GOOGL) unveils an Arm (ARM)-based Axion chip. Alex Coffey and Jenny Horne discuss this as Microsoft (MSFT) and Amazon (AMZN) also use Arm framework to develop in-house chips.
- 04/09/2024
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Why Taiwan Semiconductor Stock Was Up on Tuesday, While Arm Holdings and Micron Stocks Slumped
- There were positive business developments in the semiconductor industry today, despite mixed price movements. These stocks appear to be taking a breather after significant moves higher over the past year.
- 04/09/2024
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Google announces its new Arm-based 'Axion' chip
- Google (GOOG, GOOGL) has announced the development of a new custom-built server chip based on Arm Holdings (ARM) technology. The CPU dubbed "Axion" is a chip that the tech giant has designed in-house.
- 04/09/2024
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Arm stock could be cut in half over the next 12 months – analyst warns
- Arm Holdings PLC (NASDAQ: ARM) has nearly doubled since the start of this year but a Morningstar analyst warns its current valuation is not sustainable.
- 04/09/2024
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Google unveils Arm-based data center processor, new AI chip
- Google on Tuesday revealed the details of a new version of its data center artificial intelligence chips and announced an Arm-based , based central processor.
- 04/09/2024
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EMJ's Eric Jackson shares his top stocks plays of 2024
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 04/08/2024
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1 Wall Street Analyst Thinks Arm Holdings Stock Is Going to $135. Is It a Buy?
- KeyBanc boosted its price target on Arm stock based on the company's opportunity in markets outside smartphones. Arm's presence in AI chips from Nvidia and PC chips from Qualcomm are major long-term opportunities.
- 04/08/2024
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Arm is facing an ‘innovation versus profit paradox' - analyst
- Investors are severely overestimating Arm Holdings PLC (NASDAQ:ARM)'s equity story and placing a too-high premium on the British microchip designer's artificial intelligence exposure, reckon Morningstar analysts. Since going public last September for the second time in its lifetime, this time in New York in a snub to London, Arm's share price has more than doubled.
- 04/08/2024
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China Sinopec to appoint new head for trading arm Unipec, sources say
- China's Sinopec Corp is set to promote its Asia trading chief Wang Yahang to become general manager of its trading arm Unipec, several senior trading sources said.
- 04/08/2024
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Where Will Arm Holdings Stock Be in 2030?
- Arm Holdings is gaining popularity because of Nvidia's interest in it as a strategic investment.
- 04/07/2024
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3 Under-the-Radar Technology Stocks to Buy for Multibagger Returns
- The technology sector is more dynamic than ever. Companies not investing enough in research and development will likely go into oblivion.
- 04/04/2024
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Arm Announces Earnings Release Date for Fourth Quarter Fiscal Year Ended 2024
- CAMBRIDGE, England--(BUSINESS WIRE)--Arm Holdings plc (NASDAQ: ARM) today announced it will report financial results for the fourth quarter of fiscal year 2024 on Wednesday, May 8, 2024, after market close. The company will host a conference call via audio webcast at 14:00 Pacific Time (17:00 Eastern Time / 22:00 British Summer Time) to review its financial results and business outlook. Financial and other statistical information to be discussed on this conference call. The live audio webcast w.
- 04/04/2024
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Will Arm Holdings Be a Trillion-Dollar Stock by 2035?
- Arm's stock has more than doubled since its second public debut. Its growth is accelerating as it rolls out new AI chip designs.
- 04/04/2024
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Why Advanced Micro Devices, C3.ai, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Slumped on Tuesday
- Inflation remains remarkably stubborn. The Federal Reserve has signaled it's in no hurry to cut interest rates.
- 04/02/2024
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3 Advantages of Buying Pullbacks (& 3 Pullbacks to Buy Now)
- Pullbacks to the 5-day or 10-week moving average offer investors several advantages. Stock Strategist Andrew Rocco explains why and unveils 3 juicy pullback set ups.
- 04/01/2024
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Is It Too Late to Buy Arm Holdings Stock Now?
- Arm's stock price has more than doubled since its IPO six months ago. Its valuations have been inflated by the buying frenzy in AI stocks.
- 03/31/2024
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Are These Recent IPOs Worth Investors' Attention?
- Several exciting IPOs have emerged over the last year, reflecting renewed confidence in the investment landscape overall. 2021 was a record year for IPOs, although the trend has slowed considerably since.
- 03/28/2024
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Arm sales to jump as AI chips hit new sectors, say Morgan Stanley
- Arm Holdings PLC (NASDAQ:ARM), the semiconductor manufacturer, is expected to experience higher sales and profits over the medium term because of new deals in China and payments from Apple, analysts reckon. Morgan Stanley (NYSE:MS) lifted Arm's 2026 sales guidance from US$4.85 billion to US$4.92 billion, while also raising earnings per share estimates from US$2.15 to US$2.18.
- 03/28/2024
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Will Arm Holdings Be a Trillion-Dollar Stock by 2030?
- Arm Holdings got a nice shot in the arm thanks to the proliferation of AI. The company's bottom line should grow rapidly in the next few years due to the secular growth of the semiconductor market.
- 03/27/2024
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Arm Holdings Stock Elevating on AI, Cloud, Automotive Tailwinds
- Arm Holdings plc NASDAQ: ARM is a British semiconductor company with a virtual lock on most mobile computer chips produced worldwide. Estimates indicate that Arm has a 90% market share in mobile processors used in smartphones, tablets and smartwatches.
- 03/26/2024
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Where Will Arm Holdings Stock Be in 2024?
- Arm Holdings is poised to benefit from the rising effectiveness of artificial intelligence.
- 03/25/2024
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Is ARM stock primed to break out this week?
- Despite gloomy forecasts regarding Arm Holdings' (NASDAQ: ARM) future and its stock following the IPO lock-up expiration, which anticipated significant sell-offs, the past week has shown an upward trend in ARM stock. It appears poised for considerable upward movement with substantial potential.
- 03/25/2024
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7 Up-and-Coming Tech Stocks That Could Be the Next Superstars
- The tech sector continues to soar as artificial intelligence gains ground. That isn't the only story but it is one of the primary reasons that up and coming tech stocks could become the next superstars.
- 03/25/2024
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A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold Forever
- Generative AI has been all the rage and could generate trillions of dollars in increased productivity. Arm Holdings has positioned itself to prosper from the opportunity.
- 03/24/2024
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3 Stocks With the Most Potential to Upstage the Magnificent 7 in 2024
- Not all Magnificent Seven stocks have been pulling their fair share of the weight this year. Undoubtedly, the artificial intelligence (AI) boom may still be in its early stages.
- 03/22/2024
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AI Momentum: 3 Top Ranked Stocks Breaking Out Now
- Broad markets are breaking out to new highs, and so are the leading Artificial Intelligence stocks. Although some investors may think of the providers of AI software like Microsoft MSFT or Alphabet GOOGL , the real winners of this new trend are the semiconductor producers.
- 03/21/2024
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3 Turbocharged Stocks to Buy for the Next S&P 500 All-Time High
- Investors have been whipsawed over the past four years. The S&P 500 has swung between bull markets and bear markets for several years running.
- 03/20/2024
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Better AI Stock: Arm Holdings vs. Advanced Micro Devices (AMD)
- Arm's new AI-enabled chip designs are gaining a lot of attention. AMD is producing more AI-oriented GPUs to challenge Nvidia.
- 03/18/2024
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Beyond the "Magnificent Seven": 3 Brilliant Artificial Intelligence (AI) Growth Stocks With Explosive Upside Potential
- The Magnificent Seven were some of the best-performing stocks of last year. All seven stocks have ties to AI, though there are other compelling AI opportunities outside the group.
- 03/16/2024
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The Luck of the Investor: 3 Stocks for a Pot o' Gold Portfolio
- Opportunities abound in the current market. With the rally stretching into its second year, the share prices of many stocks are flying high.
- 03/16/2024
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Not just Soundhound, these AI stocks are also riding Nvidia wave
- Following Nvidia's investment disclosure, SoundHound AI's shares have dramatically increased, tripling in value and boosting its market capitalization to $2.75 billion. The company's success is attributed to its innovative AI voice technology used across various industries, from fast-food to automotive.
- 03/16/2024
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Trade Alert: Bill Baruch sells Arm Holdings, buys Phillips 66 and buys more Southern Copper
- Bill Baruch, Blue Line Capital founder, joins CNBC's 'Halftime Report' to detail his latest portfolio moves.
- 03/13/2024
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4 Things Many Investors Might Not Know About Arm Holdings -- Including Certain Nvidia and Apple Ties
- Arm and Apple have many ties, including that Apple was involved in founding Arm. Arm's energy-efficient CPU architecture is widely considered one of the key technologies that enabled the smartphone revolution.
- 03/13/2024
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Arm's shares rise as Wall Street eyes IPO lock-up expiration
- Shares of Arm Holdings , the British chip designer backed by Softbank Group , gained 1.6% to $128.77 on Tuesday as markets braced for increased trading activity following the expiration of the lockup period tied to its blockbuster initial public offering (IPO).
- 03/12/2024
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Arm faces lockup expiration
- CNBC's Deirdre Bosa joins 'The Exchange' to report on SoftBank's stake in Arm Holdings.
- 03/12/2024
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Arm faces lockup expiry test
- CNBC's Deirdre Bosa reports on SoftBank's stake in Arm Holdings.
- 03/12/2024
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ARM: Everything You Need To Know About The Lock-Up Expiry (Rating Upgrade)
- Arm Holdings plc's recent pullback in stock price presents an opportunity to invest in the company's AI prospects, which remain intact. The expiration of Arm Holdings' lock-up agreement raises concerns about a potential selloff, but there is likely limited incentive for SoftBank to exit its position. The following analysis will provide an overview of Arm Holdings' IPO lock-up agreement, and discuss potential alternatives to a selloff that would unlock greater upsides for both SoftBank and Arm.
- 03/12/2024
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Why Are Airline Stocks Down Today?
- Airline stocks are down today as investors deal with several bits of bad news for the industry on Tuesday! Starting off the negative news today is Delta Air Lines (NYSE:DAL) with its latest quarterly outlook.
- 03/12/2024
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Arm Stock Faces Lockup Expiry, and Other Technology News Today
- Arm Holdings stock was wavering as the lockup period following its IPO expired. OpenAI hit back at a lawsuit from Elon Musk.
- 03/12/2024
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ARM Stock Alert: Brace Yourself for a Selloff as Arm Lock-Up Expires
- Shares of computer chip designer Arm Holdings (NASDAQ: ARM ) are expected to sell off as the lock-up period expires. The lock-up period restricted sales by company insiders at the time of the initial public offering last year and ran for 180 days.
- 03/12/2024
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Even a small sale by Softbank could lead to a huge decline in Arm shares, says Ben Harburg
- Ben Harburg, Managing Partner at MSA Capital, discusses Arm's post-IPO lockup period expiration.
- 03/12/2024
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Why Arm Holdings Stock Was Sliding Today
- AI stocks have soared this year, but investors seem to think the rally deserves a breather. Arm's post-IPO lockup period will expire tomorrow, which could lead to a big swing.
- 03/11/2024
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Here's why tomorrow could be the worst day for ARM stock
- The semiconductor industry has seen significant expansion following the rise of artificial intelligence, setting the tone for its trajectory in the coming years. This growth has created opportunities for new players to enter the market, such as Arms Holdings (NASDAQ: ARM), whose value has surged by 116% since its IPO.
- 03/11/2024
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Arm Holdings Faces a Huge Test This Week. Will the Hot AI Stock Fly or Die?
- Lockup expirations typically cause volatility in high-profile stocks like Arm. Softbank holds 90% of Arm stock, but the company wants to keep Arm's share price elevated.
- 03/10/2024
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Excess Liquidity; Pockets Of Opportunity In Energy + Industrials
- David Trainer says the Fed and liquidity are key drivers of the market, with excess liquidity potentially leading to smarter retail investing. There is a shift towards investing in traditional businesses that create shareholder value, particularly in the energy and industrials sectors.
- 03/09/2024
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5 Stocks With Recent Price Strength to Tap Wall Street Rally
- Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are ARM, EME, GOGL, TILE, AYI.
- 03/06/2024
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5 Stocks Surging on AI Mania
- In March 2000, networking giant Cisco Systems (NASDAQ: CSCO ) became the most valuable company in the world. No firm had yet mastered making money from the internet, and Cisco's LAN network switches were the closest thing investors could find.
- 03/05/2024
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3 Overhyped Stocks to Avoid in March 2024
- While the current rally in equities looks to have legs, there are certain pockets of the market that are starting to get frothy. Stocks associated with artificial intelligence (AI) and cryptocurrencies have seen massive runs since the start of the year and look as though they could be in for a pullback if not a full-blown correction.
- 03/05/2024
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Arm's Chip Future Is ‘Gaining Momentum,' but Volatility Looms, Says Analyst
- TD Cowen analyst Matthew Ramsay has “confidence in the momentum of both fundamentals and financials” for Arm stock, but noted the IPO lockup is ending soon.
- 03/05/2024
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Nigeria's Dangote wants to set up trading arm for Lagos mega refinery
- Africa's richest man Aliko Dangote is planning to set up an oil trading arm, likely based in London, to help run crude and products supply for his new refinery in Nigeria, six sources familiar with the matter said.
- 03/05/2024
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Q&A With Wall Street: Arm Holdings Stock Analysis
- Arm Holdings is in an excellent position to capitalize on the growing implementation of artificial intelligence (AI).
- 03/04/2024
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Is It Too Late to Buy Arm Holdings Stock?
- Arm Holdings stock has been on fire, currently more than 176% above its IPO price of $51. The accelerating adoption of AI and a wave of data center upgrades could supercharge future results.
- 03/03/2024
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U.S.-China tensions over Taiwan threaten to derail Nvidia and other tech giants
- The concentration of advanced semiconductor manufacturing in Taiwan has raised fears in the United States about the vulnerability of this supply chain should China blockade or invade the island. The U.S. CHIPS and Science Act seeks to address that vulnerability with $52 billion in subsidies to encourage semiconductor manufacturers to relocate to America.
- 03/02/2024
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Arm Stock Has 26% Downside, According to 1 Wall Street Analyst
- Since its IPO just five months ago, Arm stock has soared as much as 186%. One analyst believes its valuation has gotten ahead of itself.
- 03/02/2024
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What Would George Soros Do? 7 Stocks the Billionaire's Fund Bought & Sold in Q4
- George Soros stocks will always remain relevant for savvy investors. As one of the most successful financiers in history, George Soros's investment strategies attract a massive audience worldwide.
- 02/28/2024
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Massive News for Arm Holdings Stock Investors
- Arm Holdings is benefiting as enterprises unleash demand for artificial intelligence capabilities.
- 02/28/2024
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FTC chair Lina Khan takes victory lap on blocking Nvidia-Arm merger
- Federal Trade Commission Chair Lina Kahn cited the surging stock prices of Nvidia and Arm as a example of how blocking mergers can lead to increased innovation.
- 02/27/2024
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Why Arm Holdings Stock Is Skyrocketing Again Today
- Arm has joined a new partnership with major hardware and software providers to advance AI in the telecom industry. The stock also received bullish coverage from an analyst.
- 02/26/2024
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Bullish on ARM, Bearish on TSLA, Neutral on SQ
- Arm Holdings (ARM), Tesla (TSLA), and Block (SQ) are today's big three stocks. Mike Shorr and Kevin Green discuss how to trade and the technical trends of these names.
- 02/26/2024
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These High-Flying Artificial Intelligence (AI) Stocks Could Sink 20% or More Over the Next 12 Months, According to Wall Street
- Arm Holdings stock has more than doubled over the last 12 months thanks largely to AI demand. AI has provided a big tailwind for Palantir Technologies too with its shares soaring nearly 50%.
- 02/25/2024
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Here's why this AI stock is a must-have
- The momentum of the artificial intelligence (AI) trend remains robust, with no signs of slowing down, as evidenced by Nvidia's (NASDAQ: NVDA) recent earnings report. While attention is focused on NVDA stock, Arm Holdings (NASDAQ: ARM) stock is quietly making substantial gains in the background.
- 02/23/2024
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Outside of the Mag 7, Arm is a great way to invest in AI, says Tiffany McGhee
- Tiffany McGhee, CEO and CIO of Pivotal Advisors, discusses the Magnificent 7, portfolio management, and her top stock picks.
- 02/23/2024
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Missed Out on Nvidia and Arm? This AI Stock Still Looks Cheap
- AI stocks have been red hot, but one that may still have a lot of room to run is TSMC. As a leading third-party chipmaker, TSMC is likely to play a crucial role in the tech industry's growth.
- 02/22/2024
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Slow Down, Big Shifter! 3 Stocks That Are Moving Too Far, Too Fast.
- The stock market rally that has been ongoing for nearly a year suddenly looks fragile. Hotter-than-expected inflation reports and strong economic data have pushed out expectations for the timing of interest rate cuts by the U.S. Federal Reserve.
- 02/21/2024
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All Eyes on Nvidia Earnings: Here's What to Expect
- Investors are eager to see how the chip giant performed in the latest quarter.
- 02/21/2024
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SQM venture arm invests $9.4 mln in UK EV battery recycling firm Altilium
- SQM Lithium Ventures has invested $9.4 million in British electric vehicle battery recycler Altilium to help the company scale up its operations, the two firms said on Wednesday.
- 02/21/2024
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What's Next for Tech Stocks? (3 Upcoming Catalysts to Watch)
- Over the past year, the tech-heavy Nasdaq 100 ETF ( QQQ ) is up a robust 44.38%. The Nasdaq and the rest of the major market indices bottomed in late 2022, against all odds and amidst a cloudy macroeconomic backdrop.
- 02/20/2024
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Insiders spill: The next big tech stock set to explode in value
- 2023 proved to be a rather fruitful year for tech investors, with NASDAQ finishing 43% up compared to the disappointment that was 2022.
- 02/20/2024
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Why Palantir Technologies, Arm Holdings, and Other Artificial Intelligence (AI) Stocks Have Skyrocketed 50% or More in February
- A number of AI stocks have been on a tear, rising between 55% and 121% since the start of February. While better-than-expected results, pushed some of the stocks higher, a significant vote of confidence from a major player in the field sent others soaring.
- 02/19/2024
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Even A Depressed IPO Market Can Produce (AI) Stars
- Even A Depressed IPO Market Can Produce (AI) Stars
- 02/18/2024
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3 Stocks I Can't Wait To Buy On A Dip
- The stock market is incredibly exuberant right now, and a dip will come. Patience and a wish list are critical to maximizing long-term profits.
- 02/18/2024
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Missed Out on Nvidia? Be Careful Before Checking Out This Other Semiconductor Stock.
- Arm Holdings is a semiconductor company that went public in late 2023. Its performance over the past couple of years has been shaky, but its latest earnings report indicates that AI euphoria is spurring a new phase of growth.
- 02/18/2024
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Is Arm's Massively Soaring Share Price Proof That AI Stocks Are in a Bubble?
- Shares of Arm Holdings have jumped significantly this month. The company posted an earnings beat and issued guidance that left investors extremely bullish on the stock.
- 02/18/2024
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Is Arm Holdings the Next Nvidia After Smashing Earnings Estimates?
- Arm Holdings stock exploded after its earnings release. Many investors aren't familiar with the company.
- 02/18/2024
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Worried About an Artificial Intelligence (AI) Stock Bubble? Consider This Billionaire Investor's Advice.
- There are some signs that an AI stock bubble could be forming. Stock volatility is an opportunity to make money.
- 02/17/2024
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Arm Holdings Is Up 110%, but This Looming Event Could End the Fun
- Arm Holdings is benefiting from growing CPU demand for AI and other industries. But the stock is way ahead of its fundamentals.
- 02/17/2024
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I Was Dead Wrong About Arm Holdings and Its Artificial Intelligence (AI) Prospects. Here's Why.
- When Arm Holdings first went public, the company touted its AI opportunity. I understood its dominance in the smartphone industry, but didn't fully appreciate how it would profit from the AI boom.
- 02/17/2024
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Letting Winners Run - Steven Cress On Alpha Picks' Outperformance
- Steven Cress discusses how Seeking Alpha's Alpha Picks portfolio has achieved a return of 114% compared to the S&P 500's 32% since its launch in July 2022. Alpha Picks is a quantamental portfolio that selects the 2 best stocks from Seeking Alpha's Quant Strong Buys on a monthly basis.
- 02/16/2024
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Nvidia (NVDA) “Cornerstone Investor” In Arm Holdings (ARM)
- Nvidia (NVDA) discloses a stake in SoundHound (SOUN) and Arm Holdings (ARM). Renita Young discusses how Nvidia is a “cornerstone investor” in Arm Holdings.
- 02/16/2024
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Nvidia Has Invested in Arm Holdings and a Few Other Artificial Intelligence (AI) Stocks -- Should Investors Follow?
- Nvidia released its 13F for the first time and caused numerous stocks to skyrocket.
- 02/16/2024
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Forget Nvidia: 2 Artificial Intelligence (AI) Stocks to Buy Now
- Arm Holdings joined the AI bandwagon following its latest earnings report,. Micron Technology is supplying a key component that could help it take advantage of the growing proliferation of AI.
- 02/16/2024
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My Oh My, 3 Strong Buys
- I emphasize the importance of evaluating the quality and valuation of REITs before investing. I highlight the risks of buying overvalued or under-qualified stocks and emphasize the need for individual analysis and due diligence. I recommend three undervalued REITs: Alexandria Real Estate Equities, Inc., Mid-America Apartment Communities, Inc., and Camden Property Trust.
- 02/16/2024
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13F Season: 3 Whales to Follow
- Tracking 13F filings is crucial for market participants seeking to understand trends, identify potential investment opportunities, and monitor the transactions of Wall Street's most influential investors. Stock Strategist Andrew Rocco breaks down the 3 most important filings this 13F season.
- 02/15/2024
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Nvidia discloses investments in smaller AI firms
- Nvidia (NVDA) has disclosed investments made in several emerging AI companies, sparking rallies across these stocks. Among the names benefiting include Soundhound (SOUN), Arm (ARM), and Nanox (NNOX).
- 02/15/2024
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Sell These 3 Over-Hyped Stocks Before It's Too Late
- The stock market rally that began in earnest last spring is starting to get frothy. Some stocks are now making parabolic moves and rising at what appear to be unsustainable rates.
- 02/15/2024
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Don't Get Burned: Dump These 3 Overvalued Stocks Today
- The stock market has had a good rally since the third quarter of 2023. Despite a downturn in January, major market indices, including the S&P500 and Nasdaq, are trading upward, adding to the significant gains accrued last year.
- 02/15/2024
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Shares of Smaller AI Firms Rise After Nvidia Discloses Investments
- Shares of smaller artificial intelligence (AI) firms reportedly experienced a rally Thursday (Feb. 15) after Nvidia, the world's leading AI chipmaker, disclosed its stake in them as of Dec. 31. This move by Nvidia offers insights into its growth strategy and highlights its growing influence in the AI world, Reuters reported Thursday.
- 02/15/2024
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Small AI Companies Soar After Chip Giant Reveals Stake
- Through its SEC disclosure, Nvidia provided investors with more evidence of its long-term growth plan.
- 02/15/2024
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The Ultimate Artificial Intelligence (AI) Growth Stock to Buy Right Now With $1,000
- Arm Holdings' AI business is gaining traction as chipmakers are looking to manufacture more advanced chips. The company has significantly raised its revenue and earnings guidance.
- 02/15/2024
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Nvidia Is Betting Big on ARM Stock
- Arm (NASDAQ: ARM ) stock is up on Thursday after investors in the semiconductor company learned that graphics card company Nvidia (NASDAQ: NVDA ) holds a large stake in it. A recent filing with the Securities and Exchange Commission (SEC) reveals that Nvidia holds 1,960,784 shares of ARM stock.
- 02/15/2024
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Arm Holding Stock Rockets Higher; Is AI Just the Beginning?
- Arm stock has been off to the races since its latest earnings update. AI is featuring prominently in this upcoming growth cycle for the company.
- 02/15/2024
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Is It Too Late to Buy Arm Holdings Stock?
- Arm Holdings reported excellent quarterly results that sent the stock price soaring.
- 02/15/2024
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Nvidia Discloses Stakes In Arm, SoundHound AI, Nano-X And More
- Nvidia disclosed investments in Arm Holdings, SoundHound AI and more in its first-ever 13F SEC filing late Wednesday. ARM rose while SOUN stock soared.
- 02/14/2024
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Exit Now! 7 Nasdaq Stocks to Sell in February 2024.
- The Nasdaq continues to lead the three major stock indices and is currently near its all-time high. In fact, year-to-date, the Nasdaq is up 5%.
- 02/14/2024
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Arm stock rally continues as investors bet on AI
- Shares of Arm Holdings (ARM) are surging Wednesday following increased AI demand noted in the company's fourth quarter earnings results last week. KeyBanc Capital Markets Research Analyst John Vinh joins Yahoo Finance Live to discuss the drivers.
- 02/14/2024
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The 3 Best AI Stocks to Buy in February 2024
- Despite the significant progress made in artificial intelligence ( AI ) over the past decade, we are still on the cusp of a profound transformation. AI integration will occur across all sectors of society and industry.
- 02/14/2024
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A Low-Risk Way to Bet on Arm Holdings and AI as the Stock Skyrockets
- Buying Arm stock is risky due to a sky-high valuation. Thankfully, there's a safer option.
- 02/14/2024
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Volatility Ahead: 5 Signs
- The bulls remain in control of equity markets for now. However, five signals point to increased volatility ahead.
- 02/14/2024
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Arm stock just doubled, here are the next candidates
- Today'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 their 52-week highs. Bond yields are going up in trader bets that the FED interest rate cuts will not be here as soon as the market had priced them in to come.
- 02/14/2024
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Arm is an extreme example of 'froth' in this market, says Jim Cramer
- 'Mad Money' host Jim Cramer talks today's market sell-off and how investors should be positioning themselves.
- 02/13/2024
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Arm's stock suffers its worst day on record as AI euphoria cools
- Arm Holdings PLC's blockbuster stock rally cooled Tuesday, as shares logged their worst daily performance on record.
- 02/13/2024
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Arm stock has doubled since its debut – a green light for tech IPOs?
- 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.
- 02/13/2024
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Arm Stock Falls Back, OpenAI's Altman Talks AI Safety, and Other Tech News Today
- Short squeeze, AI FOMO or just investing in a long-term technology winner? Arm Holdings stock is suddenly center of attention following the chip designer's explosive rally over the last week.
- 02/13/2024
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Wall Street sets ARM stock price for the next 12 months
- 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%.
- 02/13/2024
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British chipmaker Arm adds another 30%
- 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.
- 02/13/2024
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Arm's frenzied stock rally continues as AI chase trumps valuation
- 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.
- 02/12/2024
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Investors buying Arm at this price point 'truly have no idea what they're doing', says Jim Cramer
- 'Mad Money' host Jim Cramer takes a look at the bull market run and what could derail it or keep it going.
- 02/12/2024
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Arm stock up 26% extending gains following earnings
- Shares of Arm Holdings (ARM) continue rallying after the chip design company reported better-than-expected fiscal third-quarter earnings results last Wednesday. The company expects at least $850 million in revenue in its fourth-quarter guidance, exceeding analyst forecasts.
- 02/12/2024
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Why Is Arm Holdings (ARM) Stock Up 30% Today?
- 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.
- 02/12/2024
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Exit Now! 3 AI Stocks to Sell in February 2024
- 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.
- 02/12/2024
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Arm Shares Extend Rally. SoftBank Comes Along for the Ride.
- The huge run-up in Arm shares has been a windfall for SoftBank Group, the Japanese technology holding company, which had owned all of Arm before last year's stock offering.
- 02/12/2024
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Arm Holdings jumps over 40%, adds to staggering AI-powered rally
- Shares of Arm Holdings surged more than 40% on Monday, adding to a staggering rally fueled by optimism around artificial intelligence.
- 02/12/2024
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Why Arm Holdings Stock Soared Again Today
- Arm stock jumped as much as 42% today, even though there was no news out on the stock. The surge comes after the stock jumped 48% last Thursday on earnings.
- 02/12/2024
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Arm shares jump 25% as post-earnings rally extends to second week
- Arm's strong growth forecast has led investors to declare it an artificial intelligence darling.
- 02/12/2024
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Raspberry Pi reportedly mulls retail offer as part of IPO
- Raspberry Pi is considering offering shares to its global fan base of computer hobbyists as part of its London IPO, according to the Daily Telegraph. Eben Upton, CEO, mentioned the possibility of a retail offer, highlighting the company's success in selling 58 million units of its microcomputers, ranging from £3.90 to under £60, the paper said.
- 02/12/2024
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The 3 Best Stocks to Buy With $100 Right Now
- The secret to successful investing is buying great companies and holding onto them for years. By giving your investments the time they need to grow you can create generational wealth.
- 02/11/2024
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3 Tech Stocks to Buy for the Next Bull Run: February 2024
- Technology stocks continue to lead the market higher. Especially companies associated with artificial intelligence (AI).
- 02/11/2024
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2 Key Things From Arm's Earnings Call That Investors Should Know
- A virtuous circle has helped propel Arm's hardware and software ecosystem to become the world's largest open computing system. The company is profiting mightily as customers transition from its v8 to v9 CPU architecture.
- 02/11/2024
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Why I Wouldn't Touch ARM Stock With a 10-Foot Pole
- ARM stock soared 50% after the company reported earnings, but should semiconductor investors believe the hype?
- 02/11/2024
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2 Stocks I'm Avoiding as Markets Hit New All-Time Highs
- People like to throw around the term bubble a lot when the market goes up a large amount in a short time. But is it really a bubble or did they just miss out on the action? I usually say it's the latter.
- 02/10/2024
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Arm CEO Rene Haas Calls AI the "Most Profound Opportunity in Our Lifetimes." 1 Stock I'll Be Buying Hand Over Fist if He's Right.
- Recent advances in artificial intelligence (AI) could generate trillions of dollars in productivity gains. Investors are keen to profit from this secular tailwind.
- 02/10/2024
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5 Signs of an IPO Resurgence
- After a string of disappointing years, the IPO market is on the mend. The IPO resurgence is a healthy sign for equity market and will provide investors with more early-stage growth opportunities in 2024.
- 02/09/2024
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ARM Earnings & Semiconductor Outlook
- Arm Holdings' (ARM) adjusted EPS came in at $0.29 versus an estimated $0.25 and revenue came in at $824.00M versus an estimated $765.19M. Kim Forrest and Olivier Blanchard discuss semiconductors, as well as the takeaways from Arm Holdings earnings.
- 02/09/2024
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Powering the AI Boom: Is It Too Late to Buy Semiconductor Stocks?
- Unless you live under a rock, you have probably been hearing about and seeing some of these unbelievable moves in Semiconductor stocks.
- 02/09/2024
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Trade Tracker: Bill Baruch buys Arm
- Bill Baruch, Blue Line Capital founder, joins CNBC's 'Halftime Report' to explain why he is buying Arm Holdings, which is up 60% this week alone.
- 02/09/2024
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Artificial Intelligence (AI) Is Pushing Arm Stock to New Heights, but Is It Too Late to Buy This Semiconductor Giant?
- Arm Holdings jumped nearly 50% on Thursday after the company reported earnings, but should semiconductor investors rush to buy?
- 02/09/2024
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Arm Stock Is Expensive. Reasons to Be Careful with the Latest AI Favorite.
- Arm Holdings is now firmly among the hottest artificial-intelligence stocks in the U.S. market. Its success validates its hefty valuation when the chip designer went public last year but raises the question of how far it can go.
- 02/09/2024
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Arm's AI acceleration delivered a ‘very impressive beat' - analyst
- Arm Holdings PLC (NASDAQ:ARM)'s record quarterly revenues of $824 million (£652 million) caught the attention of Citi Bank analysts today, who said there were multiple drivers for the result, but “AI acceleration stands out”. In a research note with a heavily shoehorned-in pun titled ‘rAIse your Arm agAIn', Citi analysts wrote: “Arm delivered a very impressive beat and raise, even by already high semiconductor industry standards.
- 02/09/2024
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Can Arm's earnings ever justify its huge stock price surge?
- In one of the biggest stories in tech this week, Arm Holdings ARM, +47.89%, a company that only recently returned to being a public company last September, saw a huge spike in its stock, nearly 60% at one point, after its quarterly earnings report. As recently as the end of October, Arm shares traded below $50, yet broke $120 on Thursday.
- 02/09/2024
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3 Sorry Cloud Computing Stocks to Sell in February While You Still Can
- Cloud computing stocks represent companies affecting a revolutionary development for the software industry. Being able to host many services through a central hub has brought down costs and made it far easier to deliver service at scale.
- 02/09/2024
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Arm's gains are SoftBank's gains
- Not so long ago, things were looking bleak for SoftBank, the investment holding company headed by eclectic — and controversial — tech mogul Masayoshi Son. The Vision Fund, SoftBank's venture arm, posted a $6.2 billion loss in Q2 2023, tied to WeWork and other unfortunate bets. But — thanks in no small part to chip design house Arm — SoftBank's fortunes appear to be turning around. While consensus remains mixed on the Vision Fund's long-term prospects, it's on the upswing for now — and what an upswing it is.
- 02/08/2024
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Arm stock soars 49% on strong AI charged forecast
- Shares of Arm Holdings (ARM) are jumping to all-time highs, as the company posted its fourth-quarter earnings that beat Wall Street expectations on both the bottom and top lines, with solid revenue growth of 14% to $824 million. The company also released its forecast for its first quarter looking for a revenue growth of 38% at the midpoints of its range.
- 02/08/2024
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Arm CEO talks growth as stock rallies on AI-fueled demand
- Arm CEO Rene Haas joined FOX Business' "The Claman Countdown" Thursday as the chip design firm's stock saw its biggest day ever after beating Wall Street earnings estimates.
- 02/08/2024
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Arm's stock surge burns short sellers, to the tune of $445 million in paper losses
- Arm Holdings PLC's stock easily had its best day on record Thursday, and its 48% daily surge scorched short sellers in the process.
- 02/08/2024
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Arm's post-earnings pop leaves stock trading at over 100% premium to Nvidia
- While analysts like Arm's backlog and royalties business, it's the company's role in AI that's pushing up its market multiple.
- 02/08/2024
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AI drives broad gains in chips
- CNBC's Kristina Partsinevelos joins ‘Halftime Report' to discuss the latest news on AI driving broad gains in the semiconductor sector.
- 02/08/2024
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Why Arm Stock Absolutely Destroyed the Market Today
- Arm easily beat estimates on the top and bottom lines. New AI applications are lifting demand.
- 02/08/2024
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ARM & DIS Rally On Strong Earnings
- Arm Holdings (ARM) rallies on strong earnings and guidance. Its 3Q adjusted EPS came in at $0.29 versus an estimated $0.25 and revenue came in at $824.00 versus $765.19M.
- 02/08/2024
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Arm CEO on Earnings Outlook, AI, Nvidia as Partner
- Arm Holdings Plc CEO Rene Haas says strategies put in place years ago are really just coming to fruition. The chip designer issued a surprisingly bullish earnings forecast sending the stock surging.
- 02/08/2024
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Arm's stock explodes 50% higher as company proves itself an early AI winner
- An enviable part of Arm Holdings PLC's business model shone in the latest quarter, and analysts are feeling increasingly upbeat about the company's future — so much so that the stock was shooting some 50% higher in Thursday morning action.
- 02/08/2024
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Chip Stock Soars to Record Highs After Earnings
- Wall Street newcomer Arm Holdings PLC (NASDAQ:ARM) is trading at record highs today following its fiscal-third quarter earnings report.
- 02/08/2024
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A call to Arm: British chipmaker's AI rally goes unabated
- Cambridge, England-based fabless chipmaker Arm Holdings PLC (NASDAQ:ARM) continued raging higher on the Nasdaq exchange on Thursday, with nearly 40% added to its share in the opening few hours. Arm's market valuation now stands at more than $105 billion, having added a walloping $27 billion today alone.
- 02/08/2024
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Arm shares soar after reporting strong earnings and forecast
- Shares of Arm climbed almost 30% in extended trading Thursday morning after the company reported better than expected earnings and a strong forecast.
- 02/08/2024
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Dow Jones Today: Stock Futures Dip; Arm, Disney Soar on Earnings
- Stock futures dipped slightly in premarket trading on Thursday as investors digested earnings from entertainment giant Disney and chip designer Arm.
- 02/08/2024
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Arm Stock Soars 20% on AI-Powered Earnings Beat and Annual Guidance Raise
- Fiscal Q3 revenue grew 14% year over year, sprinting by the 5% Wall Street expectation. Adjusted earnings per share (EPS) surged 32%, racing by the 14% growth that analysts had projected.
- 02/08/2024
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Arm Joins the AI Party. What's Driving the Stock Higher After Earnings.
- Chip designer Arm Holdings is the latest company to join the circle of designated early winners from investment in artificial intelligence.
- 02/08/2024
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Immigration may answer two big mysteries of the U.S. economy
- The resilience of the U.S. economy has been a surprise to Wall Street, and the Federal Reserve, for well over a year now, and the latest GDPNow estimate from the Atlanta Fed suggests the first quarter could once again handily beat Wall Street's estimates.
- 02/08/2024
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The 7 Most Undervalued Sleeper Stocks to Buy in February 2024
- There will be investing buying Nvidia (NASDAQ: NVDA ) even at current levels. However, after a big rally of 223% in the last 12 months, there might be a case for correction and consolidation.
- 02/08/2024
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Arm hits record quarterly revenues, but sky-high expenses weigh heavy
- British central processing unit (CPU) designer Arm Holdings PLC (NASDAQ:ARM)'s second quarter as a Nasdaq-listed company brought in record quarterly revenues for the group, with earnings exceeding the top end of guidance. Total revenues came to $824 million (£652 million), up 14% year on year, with royalty revenue up 11% and licensing revenue up 128%.
- 02/08/2024
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SoftBank shares jump after Arm's stock surges on better guidance
- SoftBank Group shares rose sharply after U.S.-listed shares of chip-designer unit Arm Holdings surged overnight following a better-than anticipated outlook.
- 02/07/2024
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Arm Rides AI Wave to Record Revenue, Stock Jumps More Than 20%
- Arm Holdings Plc (ARM) stock soared more than 20% in after-hours trading Wednesday after reporting strong earnings and a rosy outlook amid increasing demand for artificial intelligence processing.
- 02/07/2024
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ARM Holdings Plc (ARM) Q3 2024 Earnings Call Transcript
- ARM Holdings Plc (ARM) Q3 2024 Earnings Call Transcript
- 02/07/2024
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Arm stock soars 40% on a solid Q4 and impressive guidance
- Arm Holdings PLC rallied a whopping 40% in extended hours on Wednesday after reporting blockbuster results for its third financial quarter. Arm stock up on upbeat guidance The stock is being rewarded also because the chip design company issued impressive guidance on strong demand for artificial intelligence.
- 02/07/2024
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Arm stock soars 25% as chip maker see ‘signs of recovery' in broader market, raises guidance for the year
- U.S.-listed shares of Arm Holdings PLC rallied more than 25% in extended trading Wednesday after the chip designer raised its guidance for the year, saying it is seeing green shoots in the semiconductor market.
- 02/07/2024
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Arm shares spike after chip designer gives strong forecast, says AI is increasing sales
- Arm's intellectual property is in nearly every smartphone, many PCs, and thousands of miscellaneous other chips.
- 02/07/2024
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Arm forecast beats estimates as AI spurs chip upgrades
- Arm Holdings on Wednesday forecast fiscal fourth-quarter sales and adjusted profit above Wall Street expectations as customers aim to design new chips for artificial intelligence work (AI), generating higher royalties for the British technology firm.
- 02/07/2024
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Arm Holdings tipped to highlight AI and boost Softbank
- ARM Holdings tonight publishes its second set of numbers since its much-heralded IPO with owner Softbank set to bask in the chip designer's strong performance since listing in New York. Assets should show a healthy gain thanks to the 40% rise in Arm's share price since the float, which will buoy the value of Softbank's Vision Fund where the largest NAV rise since June 2021 is being forecast.
- 02/07/2024
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7 Surprising Growth Stocks Ready to Crush Earnings Expectations in February
- The biggest growth stocks – Meta (NASDAQ: META ), Amazon (NASDAQ: AMZN ), etc – posted top-tier earnings to kickstart 2024, sending the S&P 500 climbing back to all-time highs. But, of course, a major criticism is that most of the overall market today is held aloft by those same top tech stocks.
- 02/06/2024
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Intel Foundry Scores an Arm Chip Win
- Intel's collaboration with Arm is starting to bear fruit. A company will use the upcoming Intel 18A process for a 64-core server chip that will act as a foundation for custom chips for its customers.
- 02/06/2024
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India's NTPC plans to take green energy arm public in FY 2024/25 - exec
- India's largest power producer NTPC Ltd expects its green energy arm to go public in the fiscal year ending in March 2025, a senior company executive said on Tuesday.
- 02/05/2024
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Beyond The Surface: What Led Me To Buy Arm Holding
- The stock is currently trading at $71, indicating that the market perceives it as priced for perfection. Using a newly developed methodology called the Dominance Company Method, I have calculated a market value of $82, suggesting a potential upside of 15%. ARM is poised to revolutionize computing in the coming years, and investors stand to benefit from its leadership in the chip market and its enduring business model.
- 02/02/2024
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7 IT Stocks to Upgrade Your Portfolio in 2024
- Global GDP growth depends on various factors of productivity and efficiency. An important driver of growth is the focus on technology and innovation.
- 01/25/2024
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Big Tech's Big Bubble is distorting the global equity market
- The world runs on technology, and right now, the capital markets are no different. Such is the power of America's Magnificent Seven, namely Google parent Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla, that the S&P 500 index just hit another all-time high, thanks to runaway valuations of these globally influential megacorporations.
- 01/25/2024
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Arm Announces Earnings Release Date for Third Quarter Fiscal Year Ended 2024
- CAMBRIDGE, England--(BUSINESS WIRE)--Arm Holdings plc (Nasdaq: ARM, “Arm”) today announced it will report financial results for the third quarter of fiscal year 2024 on Wednesday, February 7, 2024, after market close. The company will host a conference call via audio webcast at 14:00 Pacific Time (17:00 Eastern Time / 22:00 Greenwich Mean Time) to review its financial results and business outlook. Financial and other statistical information to be discussed on this conference call. The live audi.
- 01/09/2024
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Reddit, Shein and Stripe may lead a revived IPO market in 2024
- The U.S. market for initial public offerings is expected to stage a recovery in 2024 from the drought of the last two years, buoyed by expectations the Federal Reserve will switch to a rate-cutting cycle and boost market conditions.
- 01/05/2024
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Can Arm Holdings Stock Soar Higher in 2024?
- Arm Holdings stock finished 2023 hot. Investors are optimistic about a big rebound for the chip industry, and Arm revenue could continue to rally.
- 01/03/2024
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7 Investments To Avoid In 2024
- 7 Investments To Avoid In 2024
- 01/01/2024
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Arm Stock Extends Rally, Hits Record Highs
- Wall Street newbie Arm Holdings PLC (NASDAQ:ARM) is trading at record highs today.
- 12/28/2023
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Arm Holdings owner Softbank ends year on high with T-Mobile US boost
- SoftBank, the owner of UK chip maker Arm Holdings, got a boost as it received shares worth US$7.6bn in T-Mobile US. The Japanese tech investor got the 48.75 million shares due to conditions set out when its US telco Sprint merged with T-Mobile being met, it said.
- 12/27/2023
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Shares Of Chip Designer Arm Hit New All-Time High—Outclassing 2023 IPO Peers
- British chip designer Arm's stock rallied Tuesday to its highest level since it began trading in September, riding the wave of optimism surrounding generative artificial intelligence to a rare win for recent initial public offerings on the stock market.
- 12/26/2023
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The 2023 IPO scene: Biggest hits and misses
- After navigating treacherous waters in the preceding year, the US initial public offering (IPO) market embarked on a path of recovery in 2023, signaling the inception of a new upcycle.
- 12/25/2023
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IPO Watch: 2 Stocks to Buy
- IPOs can offer compelling opportunities in the equities market due to their potential for high growth. Take advantage of these two, innovative new comer stocks.
- 12/19/2023
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Arm Layoffs 2024: What to Know About the Latest ARM Job Cuts
- Arm (NASDAQ: ARM ) layoffs are a hot topic on Tuesday as investors react to the company cutting jobs in China. Recent reports from insiders claim that Arm is cutting 70 software engineer jobs in the country.
- 12/19/2023
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Hidden Value: 3 Growth Stocks Set to Outshine in 2024
- From monetary policy tightening in 2022 and 2023, the world is moving towards expansionary monetary policies next year. The Bank of America (NYSE: BAC ) expects that central banks globally will cut rates 152 times in 2024.
- 12/18/2023
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Carl Icahn's investing arm issuing additional 9.75% six-year bonds after stock closes at a 20-year low
- Icahn Enterprises LP IEP, -0.13% said Friday it's planning to offer additional 9.750% senior notes that mature in 2029 in a private placement. The company earlier this week closed a $500 million offering of the notes.
- 12/15/2023
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ARM CEO Says China is a "big market for us"
- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Emily Chang here: https://www.youtube.com/playlist?list=PLfAX25ZLrPGRzfILkSd-YiWfsoloCETAe Get the latest in tech from Silicon Valley and around the world here: https://www.bloomberg.
- 12/12/2023
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ARM CEO says it's still hard to hire good talent #technology
- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Emily Chang here: https://www.youtube.com/playlist?list=PLfAX25ZLrPGRzfILkSd-YiWfsoloCETAe Get the latest in tech from Silicon Valley and around the world here: https://www.bloomberg.
- 12/12/2023
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3 New Stock Listings That Can Deliver Multibagger Returns
- The U.S. IPO market has been relatively sluggish this year with 149 IPOs. At the same time, disappointing stories outnumbered businesses that created value.
- 12/11/2023
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3 Stocks That Ryan Cohen Should Buy for GameStop ASAP
- GameStop (NYSE: GME ) must be getting desperate because it is employing a bold new strategy. Specifically, the company has opted to allow CEO Ryan Cohen to use its cash to purchase equities.
- 12/08/2023
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How Arm Holdings Stock Gained 25% Last Month
- Arm Holdings' stock surged 24.8% in November 2023, reversing September's painful price drop. Key customer Nvidia's soaring third-quarter results sparked a significant uptick in Arm's stock.
- 12/08/2023
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3 Must-Own Stocks as Demand for AI Chips Soars
- Demand for artificial intelligence microchips shows no signs of slowing down. According to market research firm Gartner, by 2027, global AI chips revenue is expected to be more than double the size of the market in 2023, growing to $119.4 billion.
- 11/30/2023
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2023's most anticipated IPOs weren't always the big winners
- So far in 2023, 146 companies have gone public in the U.S. markets, down 16.09% from the same time last year. Although the IPO market has been choppy amid higher interest rates and broad equity market uncertainty, the new companies as a whole have outperformed the S&P 500.
- 11/29/2023
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Scandi funds step up as British pension groups shun start-ups
- Nordic-based pensions groups are putting more into British start-ups than their homegrown counterparts, a new survey has found. Funds in Denmark, Finland, Iceland, Norway and Sweden invested £70m or US$88m in venture capital funds in the UK and Ireland this year, according to a key review by investment firm Atomico.
- 11/28/2023
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Why Arm Holdings Stock Rallied 16% Higher This Week
- Arm Holdings got a boost from Nvidia's results this week, while an analyst initiated coverage. Nvidia debuted an AI super chip based on Arm's architecture.
- 11/24/2023
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IPO Stock Of The Week: Chip Designer ARM Eyes First Buy Point After Big Debut
- IPO Stock Of The Week, ARM Holdings, is eyeing its first buy point since its big debut. ARM stock rallied sharply this week.
- 11/24/2023
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The 3 Top Semiconductor Stocks Powering the Tech Boom
- The 2020s will be the semiconductor decade as chip prevalence across industrial and consumer applications increases. Top semiconductor stocks reflect this positive outlook, with the VanEck Semiconductor ETF (NASDAQ: SMH ) surging 61% year-to-date.
- 11/23/2023
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7 Steady Growth Stocks to Buy Before 2024
- As we end the year and look ahead to 2024, it's instructive to consider which growth stocks are likely to outperform moving forward. Third-quarter earnings season provided some clues as several technology companies issued impressive results and gave bullish outlooks for the coming year.
- 11/23/2023
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Arm's Licensing Deals Should Power Its Growth. The Stock Is a Buy, Analyst Says.
- Wells Fargo analyst Gary Mobley initiates coverage of Arm with an Overweight recommendation.
- 11/20/2023
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Moody's upgrades SoftBank after Arm IPO pays off
- Moody's Corporation has upgraded its outlook on SoftBank Group from negative to stable two months after taking Arm Holdings PLC (NASDAQ:ARM) public in the biggest IPO of the year. According to Moody's, the Arm IPO enhanced transparency in the Japanese investment firm's extensive portfolio of unlisted assets, which has been a source of contention for the leading rating agencies.
- 11/20/2023
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2 stocks that under-promised and over-delivered on their earnings
- Companies that underpromise and over-deliver are a joy for shareholders and analysts alike. Like underdogs, these mighty yet soft-spoken companies surprise with actions, not words.
- 11/20/2023
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Nvidia Challenger in the Making? A Look Into Arm's First Post-IPO Earnings
- Arm Holdings' recent IPO is drawing inevitable comparisons to Nvidia. While there are some similarities, there are also plenty of differences, as highlighted in the Arm's recent earnings results.
- 11/18/2023
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IPO Stock Watch: 3 Things I Need to See Before I Buy Arm Stock
- Investors need a clear investment strategy for this stock. The growth picture appears uncertain.
- 11/17/2023
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Arm Holdings Has This Massive Growth Opportunity Thanks to Microsoft and Other Cloud Giants
- Microsoft's new CPU is made using Arm technology.
- 11/16/2023
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Where Will Arm Holdings Stock Be in 1 Year?
- Arm stock is struggling to stay above its IPO price. The company's growth is accelerating again, but its valuations are steep.
- 11/16/2023
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GM's Cruise driverless arm to pause all operations on US public roads
- Cruise, the driverless taxi arm of General Motors (NYSE:GM), said it is pressing the pause button for all on-road vehicle operations in the US, affecting roughly 70 vehicles, after a number of incidents. Driverless taxis developed by Cruise last month lost the right to operate in California after a chaotic rollout onto the roads of San Francisco that led to authorities suspending the licence and saying the vehicles "are not safe for the public's operation".
- 11/15/2023
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Soros snaps up tech stocks in Q3, but dumps some of the biggest names, along with Rivian
- Soros Fund Management, the investment firm founded by billionaire George Soros, took new positions or bulked up on IPOs and a number of tech names during the third quarter.
- 11/14/2023
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PCs and cars are the future for this giant but little-known chip-designer
- One of the world's most important technology companies is also one of the least discussed. Arm Holdings ARM, -2.03% is a U.K.-based company founded in 1990 that has been the silent leader in the expansion of computing outside the world of servers and PCs.
- 11/13/2023
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Arm Holdings fails to pump on earnings but still flexes its IP
- British semiconductor company Arm Holdings plc NASDAQ: ARM released its first earnings since reentry into the public markets. While Arm is a semiconductor company in the computer and technology sector, it doesn't produce or sell computer chips.
- 11/13/2023
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Why These 3 Names Should Be on Your Stocks to Sell List
- While the stock market has been rallying lately, not every equity is marching higher. Many stocks are continuing to slide deeper into red on the year.
- 11/10/2023
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Arm, Instacart and Klaviyo's earnings are another reason for IPO buyers' remorse
- First their initial public offerings fizzled in the days following their debuts. Now their earnings have disappointed.
- 11/09/2023
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SoftBank Shares Are Sliding on a Weak Second Quarter, and a Drop in Arm Shares
- Japan's SoftBank posted a wider-than-expected September-quarter loss, and its single largest investment, Arm Holdings, is falling in value
- 11/09/2023
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Arm reports first post IPO earnings, revenue guidance disappoints
- Arm Holdings (ARM) reported its second-quarter results the first one since their market debut. The company says it reported its highest quarterly revenue ever in the quarter, however, the stock is trading lower on disappointing third-quarter revenue guidance.
- 11/09/2023
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Arm ADRs Tumble After First Earnings Report Since IPO as Outlook Misses Estimates
- Arm Holdings Plc (ARM) posted better-than-expected results in its first quarterly report since it began publicly trading, but the firm's American depositary receipts (ADRs) tumbled as its guidance missed estimates amid a slump in the smartphone market.
- 11/09/2023
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How Arm is gaining chip dominance with its architecture in Apple, Nvidia, AMD, Amazon, Qualcomm and more
- Arm is seeing a surge of popularity, with its low-power chip architecture used by Apple, Amazon, Nvidia, AMD and more - helping make it the year's biggest IPO.
- 11/09/2023
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Analysts are going crazy for this one-month-old stock
- Despite giving investors a mild heart attack during the first few days of public trading, shares of Birkenstock Holding plc NYSE: BIRK have been putting in a good shift ever since. In one of the more high-profile IPOs of the year, not least because of how recognizable the brand is, the 250-year-old company went public last month and promptly fell more than 15% from its opening highs.
- 11/09/2023
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Arm Holdings CEO Rene Haas talks the company's first quarterly earnings report with Jim Cramer
- Arm Holdings CEO Rene Haas sits down with 'Mad Money' host Jim Cramer to talk the company's first quarterly earnings report after going public.
- 11/08/2023
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Strength in quarter driven by licensing revenue, says Arm CEO Rene Haas
- Arm Holdings CEO Rene Haas sits down with 'Mad Money' host Jim Cramer to talk the company's first quarterly earnings report after going public.
- 11/08/2023
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Arm's first earnings report since IPO comes with a disappointing forecast
- Arm Holdings PLC reported earnings Wednesday for the first time since returning to the public markets, but its shares were headed lower in the extended session as its December-quarter outlook missed the mark at the midpoint.
- 11/08/2023
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Arm stock short circuits on weak current quarter guidance
- Arm Holdings PLC (NASDAQ:ARM), the semiconductor technology company backed by SoftBank, saw its stock drop more than 7% in extended trading Wednesday following its quarterly earnings report since going public. The company posted revenue of $806 million, beating expectations of $744.3 million, and adjusted earnings of $0.36 per share, compared to expectations of $0.26 per share.
- 11/08/2023
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Arm beats sales expectations in first post-IPO earnings report, critical licensing business doubled
- Arm reported its first post-IPO earnings on Wednesday that beat Wall Street expectations for sales.
- 11/08/2023
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Intel Discloses Arm Holdings Stake of 1.2 Million Shares
- Intel disclosed it owned 1,176,470 American depositary receipts of British chip designer Arm Holdings as of Sept. 30.
- 11/08/2023
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7 AI Ecosystem Stocks That Are About to Explode
- AI stocks have been the most critical sector in 2023. Early investments in leading chipmakers have provided the most substantial returns.
- 11/07/2023
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Carl Icahn's investing arm's stock falls to 19-year low
- Icahn Enterprises L.P.'s stock closed at its lowest level since June 8, 2004 on Friday, ahead of the release of third-quarter earnings on Friday.
- 10/30/2023
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Deutsche Bank shares surge as financier expects geopolitical volatility to boost advisory arm
- Shares in Deutsche Bank surged on Wednesday as the German financier said it plans to profit on increased volatility in global markets, and boost shareholder returns using an extra €3 billion ($3.173 billion) worth of capital it expects to free up by 2025.
- 10/25/2023
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Nvidia begins developing Arm-based PC chips in challenge to Intel
- NVIDIA Corporation (NASDAQ:NVDA) has quietly started designing central processing units, in a move that fires a shot across the bow at Intel Corporation (NASDAQ:INTC), according to reporting from Reuters. The CPUs would run Microsoft Corporation (NASDAQ:MSFT) Windows and use technology developed by Arm Holdings, the report said, citing people familiar with the matter.
- 10/23/2023
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Intel stock drops on report Nvidia is working on an ARM-based PC chip
- Intel currently has the majority of the market for PC chips, with AMD coming in second.
- 10/23/2023
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IPO No Go: All Four Recent Blockbuster Debuts Are Now Trading Below Debut Price
- Klaviyo became the latest multibillion-dollar, newly public firm to sink below its initial public offering price, joining Arm, Birkenstock and Instacart.
- 10/20/2023
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Arm stock price forecast: KeyBanc sees a 26% upside
- Arm Holdings PLC (NASDAQ: ARM) has been in a downtrend since its debut on Nasdaq last month but a KeyBanc analyst is convinced that the worst is now behind this stock.
- 10/18/2023
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Otter Tail: Manufacturing Arm Facing Headwinds, But Stock Still Looks Decent
- Otter Tail Corporation is a regulated electric utility that also owns manufacturing companies producing industrial plastic components. The company's manufacturing subsidiaries have struggled with growth due to recent economic weakness. Despite the challenges, Otter Tail Corporation has a stable financial position and is investing in its electric utility business to offset the weakness in manufacturing.
- 10/17/2023
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CVC Capital to press ahead with IPO - Bloomberg
- CVC Capital Partners is pushing ahead with plans for an IPO as early as November, according to reports. Bloomberg said the Luxembourg-based private equity and investment advisory firm could follow the recent high profile listings of chip designer Arm Holdings and sandal maker Birkenstock.
- 10/17/2023
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Investors are cautious on IPOs, but there's one analysts seem to like
- We all get advertisements that we don't want via email and text — many of them from the digital-marketing platforms businesses use to promote themselves online. But Wall Street analysts on Monday said one such platform, Klaviyo Inc., can rise above the spam.
- 10/16/2023
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Arm Holdings Already Has 40% Upside
- With just over 20 days of public trading under their belt, Arm Holdings plc - ADR NASDAQ: ARM shares have already been on a rollercoaster. As the biggest IPO of the year, there were plenty of eyes watching when they floated last month, and expectations were high.
- 10/13/2023
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New IPOs fizzle out: What's behind the tumbles
- CNBC's Deirdre Bosa reports on developments from new initial public offerings.
- 10/12/2023
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Arm defectors highlight semiconductor giant's precarious China position
- Senior members of Arm Holdings PLC (NASDAQ:ARM)'s Chinese entity have split off to form their own semiconductor venture, which is going by the name Borui Jingxin. According to anonymous sources speaking to Bloomberg, Arm China's former head of research and development left for the new company, as did a former government relations employee who now acts as chief executive of the breakaway firm.
- 10/12/2023
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Hyundai's shipbuilding arm invests in UK hydrogen developer, portfolio company of HydrogenOne Capital Growth
- Hyundai's shipbuilding arm has invested €45 million in HydrogenOne Capital Growth PLC (LSE:HGEN) portfolio company Elcogen, which makes solid oxide fuel cell and electrolyser technologies that allow energy to be produced from a variety of fuels. The investment is being made by HD Hyundai's Korea Shipbuilding & Offshore Engineering Co following "extensive" testing of the full range of technology available in the market, but having also signed a research and development collaboration with Elcogen in January.
- 10/11/2023
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The Next Big Thing: 3 Startups Set to Disrupt the Market in 2024
- Due to the consistent decline of broader indices like the S&P 500 this year, it has become apparent that the results for companies in 2024 will be more uncertain than ever. In order to fight against this decline, investing in extraordinary startups may give investors the leg up they need to beat the market, thus leading to this list of startups to watch.
- 10/10/2023
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Stocks trending October 9, 2023: Arm Holdings, Rivian
- Wall Street analysts initiate coverage on chipmaker Arm Holdings (ARM). Wedbush cuts its price target for EV maker Rivian Automotive (RIVN) to $25 from $32.
- 10/09/2023
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Arm Holdings becomes SoftBank's core asset
- CNBC's Deirdre Bosa joins 'The Exchange' to discuss bullish reception for Arm's IPO, what the ARM IPO performance means for SoftBank, and the royalties Arm gets from licensing its IP.
- 10/09/2023
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Analysts initiate bullish coverage on chipmaker Arm
- Guggenheim, Citi, and JPMorgan analysts initiated coverage on semiconductor company Arm Holdings (ARM) after its public listing in September, each giving the stock a bullish rating. Yahoo Finance's Brad Smith and Seana Smith break down what the companies are saying about Arm Holdings.
- 10/09/2023
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Arm gets bullish ratings from JPMorgan and Barclays but pricing still a concern
- Arm Holdings PLC (NASDAQ:ARM)'s Nasdaq debut has been widely seen as a success for parent company SoftBank, which floated the British semiconductor giant in mid-September at a $54 billion valuation. Though shares have dipped around 11%, Wall Street sees upside potential on the way, going by the gamut of broker coverage initiated on Monday.
- 10/09/2023
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Several Major Brokerages Now Call Arm Stock a "Buy"
- Shares of chipmaker Arm Holdings (NASDAQ:ARM) are in focus this morning following a string of bull notes, with Wall Street focusing on JPMorgan Securities' praise.
- 10/09/2023
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ARM Stock Alert: JPMorgan Is Pounding the Table on Arm Holdings
- Arm Holdings (NASDAQ: ARM ) stock is a hot topic among traders on Monday after JPMorgan analyst Harlan Sur weighed in on the computer chip company. The JPMorgan analysts kicked off coverage of ARM stock with an “overweight” rating for the shares.
- 10/09/2023
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Arm Stock Gains Bulls. Why Analysts Are Upbeat.
- Shares of chip designer Arm Holdings are trading just ahead of the IPO price. A flock of Wall Street analysts are backing the stock to rise from here.
- 10/09/2023
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Arm's stock could soar as much as 57%, according to a new crop of bullish research
- Shares of Arm Holdings PLC are trading only 6% above their initial-public-offering price, but analysts see far more upside for the chip-design name.
- 10/09/2023
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3 Things About Arm Holdings That Smart Investors Know
- Arm wouldn't exist without Apple. A new open-source chip design could disrupt Arm's long-term growth.
- 10/05/2023
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Don't fret over private market valuations, Stifel advises
- The Financial Times turned heads this week when, citing internal sources at the Financial Conduct Authority, it reported that the regulator is prepared to launch a review into how private equity funds handle private market valuations. According to sources, this will involve examining who in a company is responsible for valuations, the process of communicating this information to the higher ups, and assessing the robustness of existing governance practices.
- 09/29/2023
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Where Will Arm Holdings Stock Be in 5 Years?
- AI leaders like Nvidia use Arm's technology in some of their hardware. Will this burgeoning industry be enough to support Arm's valuation over the long term?
- 09/29/2023
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Latest News: UAW, PGA, Disney, Nike, Apple
- United Auto Workers president Shawn Fain will announce the union's next move at 10 am ET on Friday.
- 09/29/2023
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IPO market momentum building with improving investor sentiment and prospect of high-profile US debuts
- Global initial public offering volumes fell 5% in the first three months of 2023 with proceeds down 32% year-over-year, a quarterly analysis of IPO trends by EY has revealed. In its report, EY wrote that, despite this, market momentum is building with the third quarter seeing a “notable improvement” in post-IPO share price performance compared with the previous quarters.
- 09/28/2023
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Alibaba's Logistics Arm Files for Hong Kong IPO
- Alibaba Group Holding's logistics arm, Cainiao Smart Logistics Network Ltd., has filed for its initial public offering in Hong Kong.
- 09/26/2023
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2 Recent IPOs Investors Can't Miss
- IPOs have begun to show themselves following a barren 2022, with several recently making headlines.
- 09/26/2023
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Interested in Arm Holdings? These 2 Chip Stocks Are Growing Even Faster and Are More Reasonably Valued.
- Arm Holdings, which just debuted on the market, looks overvalued given its growth prospects. Synopsys and Cadence are two other attractive bets on the future of chip design.
- 09/26/2023
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Better Chip Stock: Arm Holdings vs. Intel
- Arm has finally returned to the public markets in a new IPO. Intel continues to struggle with the PC market's post-pandemic slowdown.
- 09/26/2023
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Alibaba plans to list logistics arm in Hong Kong IPO
- Chinese e-commerce giant Alibaba said Tuesday it intends to spin off its logistics arm Cainiao through an initial public offering in Hong Kong as the firm undergoes a massive restructuring.
- 09/26/2023
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Do AI Growth Opportunities Make Arm Holdings Stock a Buy After Its IPO Dip?
- Numerous tech giants are using Arm Holdings' architecture to design cloud computing and AI chips.
- 09/25/2023
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Wouldn't worry too much about the first few days of trading in recent IPOs: Ben Lerer
- Ben Lerer, Lerer Hippeau managing director, joins 'Squawk on the Street' to discuss the recent spate of initial public offerings, whether there's a reason recent IPOs have stumbled after first-day pops, and more.
- 09/25/2023
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IPO market shows fatigue as trio of big tech deals languish in second week of trading
- The initial public offering market was again showing signs of fatigue on Monday, with the three big tech deals that priced last week falling again in early trading, with one dipping beneath its offering price.
- 09/25/2023
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Arm vs Instacart: Which IPO Am I Buying?
- Which of these two recent IPOs should you consider buying in the future?
- 09/23/2023
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Arm Holdings' Data Center Dreams Will Need to Overcome Intel's 288-Core Behemoth
- Arm is slowly gaining ground in the server CPU market. While Arm was always going to face an uphill battle, Intel's Sierra Forest chips will make winning market share even more difficult.
- 09/23/2023
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Final Trades: ARM, WMT, VC
- The final trades of the day with the Fast Money traders.
- 09/22/2023
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Instacart, Arm, Klaviyo: Tracking Wall Street response to recent IPOs
- It's been a busy few weeks on Wall Street with IPOs from ARM (ARM), Instacart (CART), a Klaviyo (KVYO). So how are investors responding?
- 09/22/2023
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What's Next as Instacart and Arm Flirt With Busted IPO Status?
- On Wall Street, a “busted” IPO is one that's simply defined — the stock trades below the initial offer price. At this writing, two of the most recent market entrants tied to key trends in payments and commerce in general — touching on platforms and artificial intelligence (AI) — are flirting with “busted” status.
- 09/22/2023
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Are IPO ETFs Springing Back to Life?
- With a big pipeline of companies waiting to hit the market, the U.S. IPO market seems well-poised for the coming months.
- 09/22/2023
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Navigating the IPO Minefield: 3 Hidden Gems
- IPOs are the lifeblood of the stock market but can also present risk. Strategist Andrew Rocco walks you through pitfalls to watch, and 3 IPOs set to outperform over the next 6-12 months.
- 09/22/2023
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Arm Stock Has Dropped Back. It Isn't Worth Buying Yet, These Analysts Say.
- Shares of the chip-design company took off after its IPO. They have given up that gain, but investors should still be wary, according to Susquehanna.
- 09/22/2023
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Here are the 13 stocks Jim Cramer is watching, including Amazon, Oracle and Nike
- Here are some of the tickers on my radar for Friday, Sept. 22, taken directly from my reporter's notebook.
- 09/22/2023
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Is a Giant Short Squeeze Brewing in ARM Stock?
- Chip designer Arm's (NASDAQ: ARM ) shares rose sharply in the wake of the initial public offering (IPO) of ARM stock, which occurred last week. But now Arm's shares fell below their IPO price during yesterday's action.
- 09/22/2023
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Arm's stock is not a buy at current levels, another analyst says
- Shares of Arm Holdings PLC haven't gotten much love since they debuted last week, as another Wall Street broker advised investors on Friday not to buy at current levels.
- 09/22/2023
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Why Arm Holdings plc Plunged This Week
- Arm Holdings received a few negative notes from Wall Street analysts this week. The Federal Reserve's "higher for longer" rhetoric on Wednesday also hurt technology stocks, especially highly-valued ones.
- 09/22/2023
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Cathie Wood says Ark Invest avoided Arm's blockbuster IPO because valuation was on 'high side'
- Arm was the biggest IPO in the US since late 2021 when it made its market debut last week. But Ark Invest's Cathie Wood sat out the chip designer's float.
- 09/22/2023
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Arm, Instacart and Klaviyo losing steam after major IPO hype
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 09/21/2023
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Could Freshly IPO'd Arm Stock Be the Next Nvidia?
- Arm dominates the semiconductor design market with approximately half of all chips using its technology. The business relies heavily on royalties and licensing deals, which hasn't resulted in huge revenue growth.
- 09/21/2023
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Arm dips below IPO price as short sellers circle
- Arm Holdings' stock on Thursday dipped for the first time below its initial public offering price, while short sellers appeared to be betting against the chip designer just a week after its Wall Street debut.
- 09/21/2023
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Why Are Chip Stocks NVDA, AMD, ARM Down Today?
- When Cathie Wood believes a particular growth stock is overvalued, that speaks volumes. Such is the case with Arm Holdings (NASDAQ: ARM ) and its high-profile initial public offering (IPO).
- 09/21/2023
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A look recent IPOs and where the pipeline is headed
- A very busy few days for IPO with Instacart (CART) and Klaviyo (KYVO) going public. Many are wondering if this is a new resurgence of the IPO market.
- 09/21/2023
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IPO Roundup: Checking on 3 Stocks After Market Debut
- Arm Holdings (NASDAQ:ARM) is not the only name that has had a buzzy initial public offering (IPO) recently.
- 09/21/2023
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ARM, Instacart, and Klaviyo retreat casting doubts over IPO comeback
- Shares of newly listed tech companies Arm Holdings PLC (NASDAQ:ARM), Instacart (NASDAQ:CART) and have retreated following their impressive debuts raising doubts over if an initial public offering (IPO) market comeback is underway. The recent IPOs have captured significant investor attention due to the lack of new listings over the past 18 months amid the broader market downturn spurred by rising interest rates.
- 09/21/2023
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Half of Arm Holdings' Revenue May Not Grow at All
- Arm CPUs are prolific in the smartphone and consumer electronics markets. Both markets are in a downturn, and sluggish, long-term unit growth is likely the best-case scenario.
- 09/21/2023
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Instacart Falls Below IPO Price, Arm Is Also Close. What the Data Show Happens Next.
- Instacart fell below its IPO price in premarket trading, while chip-design company Arm is just above its own listing price. Fresh data suggest more pain could follow.
- 09/21/2023
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Klaviyo, Instacart and Arm Holdings slide premarket as shine comes off recent crop of IPOs
- Shares of the three tech companies that recently conducted initial public offerings — including two unicorns — were all trading lower early Thursday, with the most recent, Klaviyo Inc., pulling back after a strong debut on Wednesday.
- 09/21/2023
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Is Arm Holdings Stock a Buy Now?
- Arm went public again seven years after it was acquired by SoftBank. It's currently in the midst of a cyclical slowdown.
- 09/21/2023
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Trending stocks September 20, 2023: Arm, Instacart, IBM
- Arm Holdings (ARM) shares close lower on Wednesday as ARK Invest Founder Cathie Wood notably avoided the chipmaker's IPO, stating there's "too much emphasis on AI." Instacart (CART) stock falls by over 10% to close out its first full trading day.
- 09/20/2023
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Klaviyo, Arm, Instacart wobble, raising doubts over IPO revival
- Marketing automation firm Klaviyo's shares closed well below their first-day high on Wednesday, while a slump in the stocks of Arm Holdings and Instacart added to doubts over whether a hoped-for new-listings revival would materialize.
- 09/20/2023
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7 S&P 500 Stocks That Should Be on Every Investor's Radar This Fall
- Where are stocks headed as we approach the fourth and final quarter of the year? Hard to say.
- 09/20/2023
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September's 7 Most Controversial Stocks: Buy or Bail?
- The September slump is in full effect as the S&P 500 fell about 2% since the end of August. Still, investors are finding plenty to be excited about in today's markets.
- 09/20/2023
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Arm Holdings shares extend declines, down fourth session in a row
- Shares of Arm Holdings fell for a fourth straight session on Wednesday after the chip designer's stellar market debut last week, with short seller interest picking up.
- 09/20/2023
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Cathie Wood did not participate in Arm's IPO: here's why
- Cathie Wood – the Founder and Chief Executive of Ark Invest chose to sit on the sidelines as Arm Holdings plc (NASDAQ: ARM) debuted on Nasdaq last week.
- 09/20/2023
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September's 3 Most Controversial Tech Stocks: Buy or Bail?
- Tech stocks are leading the way for September's notoriously choppy trading window. The tech-heavy Invesco QQQ ETF (NASDAQ: QQQ ) is down 2% since the beginning of the month, in line with broader market trends.
- 09/20/2023
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Cathie Wood says ARK snubbed ARM IPO as she favors cheaper competitors with more AI exposure
- Opinion-splitting tech investor Cathie Wood snubbed the hyped Arm Holdings PLC (NASDAQ:ARM) IPO claiming some of the semiconductor firm's competitors are priced ‘much lower' and have much more exposure to AI. Wood, head of investment group ARK, has been buying chipmaker stocks such as AMD and Taiwan Semiconductor in recent months, and, has somewhat controversially been a seller of Nvidia despite its soaring performance.
- 09/20/2023
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Instacart and Arm shares fall premarket as all eyes turn to Klaviyo
- Grocery-delivery app Instacart CAR, known officially as Maplebear Inc., fell 4% in premarket trade Wednesday, a day after the stock debuted on Wall Street with a bang, opening 40% above where its initial public offering priced before easing later on — potentially paving the way for more IPOs after a two-year dry spell. Arm Holdings Plc.
- 09/20/2023
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2 Overheated Chip Stocks to Avoid at All Costs
- Arm Holdings stock soared after its IPO last week, but its lofty valuation just isn't supported by the fundamentals. Nvidia is growing rapidly thanks to the AI boom, but its profits may not hold up as competition intensifies.
- 09/20/2023
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The IPO market has been frozen for 2 years. Arm and Instacart point to a thaw coming in 2024.
- Instacart stock soared 40% above its IPO price on Tuesday when it started trading. Before Tuesday, the grocery brand secured a $10.2 billion valuation fully diluted, far below the $39 billion valuation it earned during the pandemic.
- 09/20/2023
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Beware! 3 Nasdaq Stocks Waving Massive Red Flags Right Now.
- After a blistering run in this year's first half, the stock market has changed. Many high-flying stocks have taken a turn for the worse since the dog days of summer and are now flashing warning signs to investors.
- 09/20/2023
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ARK CEO Cathie Wood says she swerved the Arm IPO frenzy. Here's why
- ARK Invest CEO Cathie Wood said she did not participate in Arm's IPO last week, as the chip designer was overvalued relative to its competitive position.
- 09/20/2023
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Arm's stock falls again, sheds $8 billion in market value in 3 days
- After a strong debut, investor interest in Arm Holdings PLC has faded, as the semiconductor design company's stock was headed for a third-straight loss on Tuesday.
- 09/19/2023
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Arm shares eye third straight day of losses as post-IPO buzz fizzles
- Shares in Arm Holdings were down 6.1% on Tuesday, on track for their third decline out of the stock's first four sessions as a listed company as investor interest faded in the biggest initial public offering for the year so far.
- 09/19/2023
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Here's the Scoop on the 2 IPO Stocks Everyone's Talking About Right Now
- Companies are finally starting to do initial public offerings again. Instacart priced its IPO at $30 per share Tuesday morning.
- 09/19/2023
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Arm Stock Is Dropping Again. Why Its Owner Is Happy.
- Share of chip-design firm Arm were falling again early Tuesday but majority owner SoftBank was counting its gains from the company's IPO.
- 09/19/2023
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Arm Holdings stock falls another 5% as options traders make bearish start
- ARM Holdings marked a near 5% decline by the end of dealing in America on Monday, the first day of options trading for the UK-headquartered semi-conductor firm. A total of 74,000 options over Arm stock traded on Monday, according to market number crunchers, with the firm listed amongst the ‘top 50' most active stocks in the options market.
- 09/19/2023
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3 Stocks Making Headlines: Opportunity or Obstacle?
- News events, whether conveyed via social media or mainstream outlets, continually sway the stock market. Both positive and negative reports play a role in this influence.
- 09/18/2023
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Markets Flat, with Homebuilders Turning Negative
- Over the past five trading days, only the Dow clings to gains of -0.09% -- the other indices are slightly in the red.
- 09/18/2023
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Options Action: Bearish bets on Arm Holdings after IPO
- Mike Khouw, Optimize Advisors president, joins CNBC's Melissa Lee and the Options Action traders, to talk Arm Holdings.
- 09/18/2023
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IPO market braces for first tech unicorns in nearly two years
- The initial public offering market, fresh off its biggest transaction of the year, is expected to welcome five deals this week, including two venture capital-backed companies that will be the first tech unicorns in nearly two years.
- 09/18/2023
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Stocks to Watch This Week: 3 Potential Movers
- Pre-Halloween scaries are in full effect. September is well-known as possibly the worst month for the stock market.
- 09/18/2023
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Nvidia vs Arm stock: Dan Niles picks a side
- Dan Niles is not comfortable with investing in Arm Holdings plc (NASDAQ: ARM) even though it was very well-received as it went live on Nasdaq this week.
- 09/18/2023
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Fed Funds, FedEx Q1 Mid-Week; Strikes Continue
- After 40+ years of rolling back union membership in the U.S. economy, we're seeing a clear push-back against the ownership class.
- 09/18/2023
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Markets Wait For Fed FOMC
- The big news in the markets this week revolves around the Fed's mid-week decision on interest rate policy, although a vast majority of prognosticators see a hold at the current 5.25-5.50% range — already the highest Fed funds rate in more than 20 years. Despite recent hotter-than-expected economic data over the past couple weeks, the smart money is on the Fed being patient and allowing these high rates work over inflation in the medium/long-term, instead of twisting too tight and cracking what otherwise might be a soft economic landing.
- 09/18/2023
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Arm Is Already Down Nearly 20% From Its First-Day High
- There's “little upside” for Arm stock following its smash debut, according to one analyst.
- 09/18/2023
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Arm CEO Haas on IPO, Future Growth and AI
- Arm Holdings CEO Rene Haas says he's confident the company's growth will be sustained. Speaking with Caroline Hyde on "Bloomberg Technology," Haas also says AI is here to stay and he's open to going public in the UK.
- 09/18/2023
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Here are the 12 stocks Jim Cramer is watching, including Netflix, Arm, Planet Fitness
- Here are some of the tickers on my radar for Monday, Sept. 18 taken directly from my reporter's notebook.
- 09/18/2023
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Arm's stock already draws a bearish call: ‘It is too soon to declare them an AI winner'
- Typically investors need to wait a few weeks to get stock coverage of a company that recently went public, but an analyst at Bernstein, which didn't help underwrite the initial public offering, has already weighed in with a bearish rating on shares of Arm Holdings PLC.
- 09/18/2023
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Arm's Blockbuster IPO: Big Names and High Expectations
- The market's biggest winners are frequently stocks that made their public debut within the past few years, which is one reason why the September 14 initial public offering of Arm Holdings plc NASDAQ: ARMH is getting so much attention.
- 09/18/2023
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Arm Stock Is Dropping After Blockbuster IPO. Why It Could Fall Further.
- Arm shares have fallen below their initial IPO pop but still trade well ahead of some analysts' valuation of the chip-design firm.
- 09/18/2023
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5 Reasons I Wouldn't Touch Arm Holdings Stock With a 10-Foot Pole
- ARM rose after its successful IPO last Thursday. However, the valuation looks stretched.
- 09/18/2023
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Royal Mail owner, IDS, gets broker boost, UK arm undervalued
- Royal Mail owner, International Distributions Services PLC rose nearly 3% to 264.50p, as JP Morgan highlighted the potential upside from the firm's UK business. The investment bank has upgraded the mail delivery firm to overweight from neutral and raised its price target to 310p from 300p.
- 09/18/2023
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3 Reasons to Stay Far Away From Arm Holdings Stock
- Arm stock soared in its debut, pushing valuation metrics to sky-high levels. Revenue growth has been sluggish since 2015, and that's unlikely the change.
- 09/16/2023
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SoftBank seeks OpenAI tie-up as Son plans deal spree after Arm IPO -FT
- Japan's SoftBank is looking for deals in artificial intelligence, including a potential investment in OpenAI, after the blockbuster listing of its Arm unit, the Financial Times reported on Saturday.
- 09/16/2023
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U.S. IPO Weekly Recap: Arm Trades Up After Raising Nearly $5 Billion In 2023's Largest IPO To Date
- Five IPOs raised a combined $5.4 billion this past week, led by the blockbuster IPO of Arm. The largest IPO of 2023 so far, Arm priced at the top of the range to raise $4.9 billion at a $52.9 billion market cap. Five deals are currently on the calendar for the week ahead, led by the IPO market's first US tech unicorns in nearly two years.
- 09/16/2023
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Final Trade: DAL, USO and ARM
- The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
- 09/15/2023
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IPO Watch is it Time to Buy These Intriguing Stocks?
- Now may be an ideal time to look at the prospects for some notable companies that had IPOs over the last year as analyst and research firms brace to add financial estimates for Arm Holdings.
- 09/15/2023
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Arm debut gives hope for Instacart IPO
- Arm Holdings (ARM) shares are trending lower near their flatline on the company's first full day of trading, after closing 25% higher in its stock market debut yesterday.The company's impressive start has given hope to the IPO market. Instacart (CART) has raised its potential listing price today, to later be released Monday ahead of its Tuesday listing.Yahoo Finance Live's Brad Smith and Akiko Fujita break down the details of these IPO valuations and what it could mean for other companies seeking to enter the public market.
- 09/15/2023
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Arm IPO: Should Investors Buy Into the Hype?
- Arm's debut reflects an exciting time for investors, especially following a barren 2022 landscape for IPOs. But is the hype warranted?
- 09/15/2023
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Stocks pop as Arm surges in debut, economy shows strength: Stock market news | September 14, 2023
- #stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #crypto To get the latest market news check out finance.yahoo.com Wall Street stocks popped on Thursday, as investors weighed hotter-than-expected retail sales and wholesale price inflation data for a steer on what path the Federal Reserve will take on rates policy. The S&P 500 (^GSPC) gained 0.8%, while the Dow Jones Industrial Average (^DJI) ticked up almost 1%, or about 330 points.
- 09/15/2023
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Arm Holdings: Complex (Architecture)
- Arm Holdings plc saw a successful IPO, which could help reopen the IPO market at the end of the year. Despite the promise and the craze of AI, the company has not seen recent topline sales growth. From a fundamental valuation perspective, I am very cautious, although I find this a dangerous company to bet against.
- 09/15/2023
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Instacart bumps up IPO price, following big debut for Arm
- Instacart on Friday raised the estimated price of its IPO to between $28 and $30 a share, up from a prior range of $26 to $28, according to a filing. The upsized offering would give the online grocery-delivery platform a value of between $9.3 billion and $9.9 billion, the company said, and follows the big-splash debut made by Arm Holdings ARM, -4.47% this week.
- 09/15/2023
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Top Calls: Arm Soars in Trading Debut
- Charles Shi, Needham Senior Semiconductors Analyst, joins Romaine Bostick and Vonnie Quinn to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
- 09/15/2023
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ARM is IPOing profitably with massive sales in revenue, says Chantico Global CEO
- Chantico Global CEO Gina Sanchez joins 'The Exchange' to discuss how to trade the IPO market, strong brand recognition in the profitable spin-off of Kenvue, and the pullback in Beyond Meat's market share.
- 09/15/2023
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Don't Pay an Arm and a Leg for Hot IPO Stocks. How to Play This Market.
- Initial public offerings and technology stocks have run up this year to expensive levels. Consider the Invesco S&P 500 Equal Weight ETF, which is set to shine after underperforming.
- 09/15/2023
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CART Stock Alert: Instacart Hikes IPO Price Range Following Arm Success
- Following the impressive debut of British chip designer Arm (NASDAQ: ARM ) — with its shares leaping almost 25% above the initial price — there's renewed optimism surrounding new listings. This positive sentiment extends to the forthcoming initial public offering (IPO) of Instacart.
- 09/15/2023
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IPO market recovering with strong ARM and RayzeBio debuts; Instacart, Birkenstock and more to come
- The initial public offering (IPO) market is on track to continue accelerating in the last few months of 2023 and into the new year following a series of impressive debuts after a lull in high-profile listings. This week, ARM Holdings and RayzeBio both made a splash with their respective listings.
- 09/15/2023
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Why this analyst says Arm stock is overvalued
- Arm Holdings (ARM) shares jumped nearly 25% in its market debut, giving the company a valuation of about $65 billion. Radio Free Mobile Founder Richard Windsor, a value investor, spoke to Yahoo Finance anchors Julie Hyman and Diane King Hall about why he believes the stock is too expensive.
- 09/15/2023
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Arm Debut Gathers Retail Investors' Love: ETFs in Focus
- Arm Holdings made a strong debut on Nasdaq under the symbol ARM on Thursday. This is the most high-profile IPO that the Nasdaq has seen since 2021's IPO boom and draws significant attention from retail traders.
- 09/15/2023
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ARM shares trade lower after impressive IPO
- ARM Holdings shares fell in early trade on Friday after an impressive debut on the Nasdaq the previous day. Shares of the British semiconductor maker were down 2% at US$62.25 after closing up about 25% from its listing price of $51 a share on Thursday.
- 09/15/2023
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Arm Stock Falters on Cautious Analyst Coverage
- Shares of Nasdaq newbie Arm Holdings (NASDAQ:ARM) are 1.1% lower at $62.88 at last glance, one day after the semiconductor and software concern went public.
- 09/15/2023
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Instacart raises IPO price range after Arm's strong Wall Street debut
- Instacart controls about 22% of the $132 billion U.S. online grocery-delivery market, according to Evercore. The company said it had 5.1 million users as of June 2023.
- 09/15/2023
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Instacart Raises IPO Price Target After Successful Arm Debut
- Instacart's valuation rises to a range of $9.3 billion to $9.9 billion.
- 09/15/2023
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Arm's stock rises another 6.6% early Friday as it builds on robust gains after IPO
- Arm Holdings Plc's stock ARM, +24.69% rose 6.6% in premarket trade Friday, extending the 25% gain it saw in its trading debut on Nasdaq on Thursday. The chip maker's initial public offering priced at the high end of its proposed range and surged out of the gate.
- 09/15/2023
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Retail investors pile into Arm stock on the first day of trading, seeking greater exposure to the AI boom
- Arm became the biggest IPO in the US since 2021 when it made its market debut on Thursday. Its stock rose 25% – with retail investors keen to jump on the bandwagon of AI-related stocks.
- 09/15/2023
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What's in SoftBank IPO pipeline after Arm listing
- SoftBank Group's Arm Holdings soared almost 25% above its Nasdaq debut price on Thursday, valuing the company at $65 billion.
- 09/15/2023
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SoftBank's chip designer Arm extends gains after $65 bln Nasdaq debut
- Shares of SoftBank's Arm Holdings rose before the bell on Friday, extending gains from a stellar Nasdaq debut that valued the British chip designer at $65 billion, in a relief to the U.S. IPO market facing a drought in listings.
- 09/15/2023
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Arm rally continues after IPO
- Arm shares were higher in pre-market trade on the day after its debut on the Nasdaq, CNBC's Arjun Kharpal reports.
- 09/15/2023
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Arm's red-hot stock debut captures the AI hype but it doesn't mean the IPO market has rebounded
- Arm stock soared 24% on its first day of trading following its massive IPO. Investors are cheering the debut, though some experts remain hesitant to use Arm to gauge the broader IPO market.
- 09/15/2023
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Analysis: Arm's stellar listing sets the stage for more SoftBank acquisitions
- The roaring success of Arm Holdings' stock market debut makes it much easier for owner SoftBank Group to revert to its natural state - acquisition-hungry.
- 09/15/2023
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Ford, GM shares fall on strike action, with ARM stock jumping post IPO and other shares on the move
- American depositary receipts of Arm Holdings PLC ARM, +24.69% continued higher after closing Thursday 25% above their IPO listing price as execs see a big opportunity in saving chip makers money.
- 09/15/2023
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Arm is well positioned in the AI wave, but the stock upside is 'not limitless': Analyst
- Rolf Bulk of New Street Research discusses Arm's IPO debut, and its importance in the technology industry.
- 09/15/2023
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Instacart to reportedly hike IPO price after Arm's successful debut
- Instacart CART, plans to raise the target price for its initial public offering after the successful debut of Arm Holdings ARM, +24.69% on Thursday, the Wall Street Journal reported, citing people familiar with the matter. The report said the grocery delivery service will now seek a range between $28 and $30 per share, up from its previous range of $26 to $28.
- 09/15/2023
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Instacart set to raise IPO target price after Arm's successful debut- WSJ
- Grocery-delivery company Instacart is preparing to raise the target price for its initial public offering following the successful debut of SoftBank-owned Arm, The Wall Street Journal reported on Friday.
- 09/15/2023
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SoftBank shares rise in Tokyo after Arm's strong market debut
- SoftBank Group shares rose Friday morning in Tokyo after chip designer Arm surged in its Nasdaq debut overnight, raising hopes for a recovery in the IPO market.
- 09/14/2023
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Chip Designer Arm's 25% Debut Gain Delivers Win for Owner SoftBank
- Arm Holdings Plc climbed 25% in its US trading debut, helping shares of its owner SoftBank Group Corp. rise in Tokyo. Arm has raised $4.87 billion in the year's biggest initial public offering.
- 09/14/2023
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Arm rallied on the AI thesis and its Nvidia partnership, says Jim Cramer
- 'Mad Money' host Jim Cramer talks Arm's major IPO day, the stock reaction and more.
- 09/14/2023
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The Arm deal was exactly what sideline money needed to get back in the market, says Jim Cramer
- 'Mad Money' host Jim Cramer talks Arm's major IPO day, the stock reaction and more.
- 09/14/2023
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Arm debut will help jump-start IPO market, early Airbnb investor Rick Heitzmann suggests
- "People are looking for the new toy," FirstMark Capital's Rick Heitzmann says after Arm Holdings stock jumps 25% in its first trading day.
- 09/14/2023
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Arm deal is expected to lift tech IPOs, but not all future debuts will have the same draw
- The strong debut of Arm Holdings Plc. is expected to reignite the long-dormant IPO market for tech companies, but not all the current deals in the pipeline will have the same draw for investors.
- 09/14/2023
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Cramer calls Arm IPO a 'goldilocks outcome,' says it's a good sign for the IPO market
- CNBC's Jim Cramer said Arm Holding's Thursday initial public offering went well, praising the company's royalty-based business plan.
- 09/14/2023
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Arm Shares Had a Big Debut. Why One Analyst Advises Against Buying Them.
- Needham launched coverage of Arm with a Hold rating, asserting that the stock at the IPO price looks fully valued.
- 09/14/2023
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Arm is trading at a premium to Nvidia after IPO pop even though it's a 'no-growth company'
- With a valuation of about $68 billion, Arm's price-to-earnings multiple after its first day of trading is higher than Nvidia's.
- 09/14/2023
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Stocks 9/14/23: Arm stock pops on IPO, Delta Air Lines cuts profit forecast, Yum China investor day
- Yahoo Finance anchors Akiko Fujita and Seana Smith report the latest stock news for September 14, 2023 for Arm, Delta Air Lines, and Yum China Investor Day. Arm Holdings (ARM) shares soared today in its IPO debut on the Nasdaq (^IXIC), closing the day out nearly 25% higher.
- 09/14/2023
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Corient's Amy Kong isn't in Arm, says valuations are too high and growth prospects too low
- Amy Kong, Corient, joins 'Closing Bell' to discuss the tech IPO market after Arm debuted strongly today.
- 09/14/2023
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US stocks jump on consumer strength while Arm's bullish debut lifts hopes for IPO market
- US stocks rose Thursday, with the Dow Jones notching its biggest gain in a month. Investors cheered more signs of consumer strength and Arm's blowout IPO.
- 09/14/2023
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Arm stock jumps after public debut, opens at $60 billion valuation
- Shares of chipmaker Arm Holdings (ARM) trend higher in the intraday session after making its IPO debut this morning. Will Arm hold true to be the solution the IPO market was looking for?
- 09/14/2023
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Arm Opens 10% Above $51 IPO Price in Trading Debut
- Bloomberg Intelligence Analyst Kunjan Sobhani joins Bloomberg's Sonali Basak to discuss Arm's IPO, with the stock rising as much as 15% in its trading debut after raising $4.87 billion in the year's biggest initial public offering. He speaks on "Bloomberg Technology.
- 09/14/2023
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Short sellers must wait to take a stab at SoftBank's Arm Holdings soaring shares
- Investors looking to bet against the soaring shares of newly-listed Arm Holdings may have to wait at least a day before the stock becomes available for shorting, analysts said.
- 09/14/2023
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Dow industrials on pace for best day in 5 weeks as stocks rally on economic data, Arm's IPO
- U.S. stocks were higher in the final hour of trading on Thursday with the Dow Jones Industrial Average DJIA, +0.99% on track for its best day since August 7, as investors digested the latest data on retail sales and producer prices, while cheering Arm Holdings' ARM, +17.31% initial public offering which boosted the broader market confidence. The Dow industrials were rising 368 points, or 1.1%, to 34,942, while the S&P 500 SPX, +0.82% was gaining 0.9% and the Nasdaq Composite COMP, +0.82% was up nearly 1%, according to FactSet data.
- 09/14/2023
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3-Stock Lunch: ARM & NFLX
- Danielle Shay, Simpler Trading vp of options, joins ‘Power Lunch' to discuss three stocks: Arm Holdings and Netflix.
- 09/14/2023
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Masa Son flexes Arm as the company debuts as the biggest IPO of the year
- CNBC's Deirdre Bosa joins 'Power Lunch' to discuss Arm after the company debuts as the biggest IPO of the year.
- 09/14/2023
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SoftBank's Arm soars market debut to notch $60 bln valuation
- Shares in SoftBank's Arm Holdings ARM.O opened 18% above their offer price in their Nasdaq debut on Thursday, valuing the British chip designer at nearly $60 billion in its return to the public markets after seven years.
- 09/14/2023
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SoftBank's involvement in the ARM IPO is a red flag, says NYU's Aswath Damodaran
- Aswath Damodaran, professor of finance at NYU Stern School of Business, joins 'The Exchange' to discuss a potentially over-zealous hype going into the ARM IPO valuation, concerns about SoftBank's involvement in the ARM IPO, and expectations for upcoming IPOs in the pipeline.
- 09/14/2023
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Arm: Investors should be careful of framing as an ‘IPO signal,' strategist says
- Arm Holdings (ARM) is making its IPO debut on the Nasdaq (^IXIC) on Thursday, September 14th. What does Arm's debut mean for the IPO market and for the future of the company?
- 09/14/2023
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Arm's stock soars in public debut as execs sees big opportunity to drive cost savings for chip makers
- U.S.-listed shares of Arm Holdings PLC surged out of the gate Thursday as they began trading on the Nasdaq following a long-awaited initial public offering.
- 09/14/2023
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2 Chip Stocks Respond to Arm's Buzzy IPO, Nasdaq Debut
- The semiconductor sector is getting more attention than usual today, following the Nasdaq debut of Arm Holdings (NASDAQ:ARM).
- 09/14/2023
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Arm CEO Haas on IPO, Future Growth and AI
- Arm Holdings CEO Rene Haas says he's confident the company's growth will be sustained. Speaking with Caroline Hyde on "Bloomberg Technology," Haas also says AI is here to stay and he's open to going public in the UK.
- 09/14/2023
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ARM IPO is 'normal,' and 10% to 15% is not a big pop, says Bullpen's Duncan Davidson
- Dan Primack, Axios business editor, and Duncan Davidson, partner at Bullpen Capital, join 'The Exchange' to discuss the market response to the ARM IPO opening, the need for AI-focused businesses to bring the IPO market back to life, investor willingness to buy into IPO momentum.
- 09/14/2023
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Arm Holdings goes public at $56 a share
- British chip designer Arm Holdings (ARM) made its market debut on the Nasdaq at $56 a share. Yahoo Finance Live's Jared Blikre breaks down Arm's opening trades.
- 09/14/2023
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Arm shares skyrocket following Nasdaq debut
- British semiconductor architect and tech darling Arm Holdings was off to a strong start on Thursday after relisting on Nasdaq following a seven-year sabbatical. Arm's parent SoftBank offered 9.4% of its stake in the Cambridge-headquartered group at $51 a share, equating to a valuation of more than $54 billion.
- 09/14/2023
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Arm after the IPO
- “The growth of AI, I believe, is the growth of Arm,” Arm EVP and Chief Commercial Officer Will Abbey told me this morning, minutes before the chip designer's stock started trading on Nasdaq.
- 09/14/2023
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Arm smashes expectations in eye-popping Nasdaq stock debut
- Arm's listing is being closely watched for signs of a revival in the IPO market that also awaits the high-profile listings of marquee startups including grocery delivery firm Instacart and marketing firm Klaviyo.
- 09/14/2023
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Shares in UK-based Arm Holdings soar on Nasdaq debut
- Shares in UK-based chip designer Arm Holdings have soared after the firm made its Nasdaq debut on Thursday.
- 09/14/2023
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Arm Holdings Begins Trading at $56.10 on Nasdaq
- Arm Holdings Plc rose as much as 15% in its trading debut after raising $4.87 billion in the year's biggest initial public offering. Abigail Doolittle reports.
- 09/14/2023
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Arm shares climb in Wall Street debut
- Arm Holdings, owned by SoftBank, made its debut on Wall Street on Thursday, after pricing its initial public offering at $51 per share at a valuation of $54 billion in high demand.
- 09/14/2023
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Arm IPO: What it means for new companies
- Shahin Farshchi, Lux Capital general partner, joins 'Squawk on the Street' to discuss what Arm's IPO success will mean for other companies and more.
- 09/14/2023
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Arm Shares Rise as Trading Begins in Biggest IPO of the Year
- Shares of Arm rose in their highly anticipated stock-market debut Thursday, in a sign of the reviving fortunes of an IPO market that HAs been in the doldrums for most of the past two years.
- 09/14/2023
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Arm rises 13% in its trading debut following the chip firm's blockbuster $54 billion IPO
- Arm stock made its trading debut on Thursday following its IPO that valued the company at $54.5 billion. It's the biggest US IPO since 2021, during a pandemic boom that saw massive valuations.
- 09/14/2023
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Arm climbs 10% in Nasdaq debut after pricing IPO at $51 a share
- Arm Holdings, the chip design firm, has begun trading on the Nasdaq in a long-anticipated IPO at a $54 billion valuation.
- 09/14/2023
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Arm's stock receives warm Wall Street reception, opens 10% above IPO price
- Arm Holdings PLC's stock ARM, +13.14% received a warm reception in its Wall Street debut Thursday, as the U.K.-based semiconductor-design company's stock's first trade was 10% above the initial public offering price. Early indications of the opening price had ranged from a high of $65.00 to a low of $56.10.
- 09/14/2023
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Arm Stock Explodes 10% In First Day Of Trading
- The largest IPO in 22 months, Arm opened with a $54.5 billion market capitalization.
- 09/14/2023
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Arm Holdings to report its first trade
- CNBC's Leslie Picker and Bob Pisani join 'Squawk on the Street' to discuss ARM holdings first trade.
- 09/14/2023
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Arm, Instacart: 3 Hot IPOs to Watch in Q3 2023
- The U.S. IPO market was brutal last year, only generating a very lackluster $7.7 billion of funds for the entire 12 months. That was “the worst year on record” for IPOs, according to Kiplinger.
- 09/14/2023
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Arm CEO: China business reflects growth we see in the rest of the world
- Rene Haas, Arm CEO, and Masayoshi Son, SoftBank chairman & CEO, join 'Squawk Box' to discuss Haas' thoughts on the company's global business, Son's sense of the risk of doing business in China, and more.
- 09/14/2023
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Arm China 'doing well,' CEO says, even as SoftBank's Masa Son reduces China exposure
- Arm's China subsidiary is "doing well" with strong potential in data center and automotive applications, despite the geopolitical tumult of the last few years, Arm Holdings CEO Rene Haas said.
- 09/14/2023
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Should You Buy ARM Stock After the Arm IPO? This Analyst Thinks So.
- With the highly anticipated Arm (NASDAQ: ARM ) initial public offering (IPO) today, one analyst has already put out a “buy” rating on ARM stock Indeed, NewStreet Research analyst Pierre Ferragu has put out a $59 price target on the chip designer, giving the company a “buy” rating ahead of its Nasdaq debut. According to Ferragu, there are three major reasons for his bullish take on Arm.
- 09/14/2023
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Arm IPO: Breaking down the bull and bear cases for the stock
- Semiconductor designer Arm Holdings (ARM) will make its IPO debut on Thursday, September 14th. The company will be trading on the Nasdaq (^IXIC) and pricing is set at $51 a share.
- 09/14/2023
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Arm reportedly pricing IPO at $51 per share
- Arm Holdings (ARM) is pricing its IPO listing at $51 per share, higher than previously expected, according to a Wall Street Journal report. Yahoo Finance Live hosts Akiko Fujita and Seana Smith discuss how Arm's market debut could reinvigorate the broader IPO market and SoftBank's (SFTBY, 9984.T) status as a majority stakeholder.
- 09/14/2023
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Early indications show Arm stock opening nearly 18% above IPO price
- Early indications from the Nasdaq suggest that Arm Holdings PLC's stock ARM, will debut on the Nasdaq roughly 18% above where the semiconductor designer's initial public offering priced. The IPO priced overnight at $51 a share, at the top of the previously expected range.
- 09/14/2023
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ARM Stock Alert: 7 Things to Know as Arm Starts Trading Today
- The shares of chip designer Arm Holdings (NASDAQ: ARM ), which launched its initial public offering (IPO) yesterday, start trading today. The IPO gave ARM stock a valuation of over $50 billion, making it the largest U.S. IPO this year.
- 09/14/2023
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All the details of the ARM IPO as it prepares to list
- CNBC's Arjun Kharpal breaks down the details of the Arm IPO including pricing and valuation.
- 09/14/2023
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Dow Jones Today: Stock Futures Rising Ahead of Wholesale Inflation Data, Arm Debut
- U.S. stock futures were up in premarket trading ahead of the release of wholesale inflation data and what's expected to be the biggest IPO of the year.
- 09/14/2023
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Arm's biggest customers are also backing a rival chip design — here's what you need to know
- Arm priced its shares at $51 for its U.S. IPO but it has warned on a number of risks including rising competition from a rival architecture called RISC-V.
- 09/14/2023
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SoftBank's Arm set to debut on Nasdaq after blockbuster IPO
- SoftBank's chip designer Arm Holdings is set to debut on the Nasdaq on Thursday, in what is expected to be the biggest test for the U.S. IPO market after a drought that lasted for nearly 16 months.
- 09/14/2023
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All eyes are on ARM as the chipmaker prepares to start trading in 2023's biggest IPO. It will be a massive test of confidence in the AI boom.
- ARM is set to return to the public markets with a massive IPO on Thursday. The SoftBank-owned chip designer has built its success offering designs to smartphone makers.
- 09/14/2023
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The Stock Market Hopes Arm's IPO Is a Hit
- Arm, the British chip designer owned by SoftBank, will provide clues as to whether the I.P.O. market may revive after a very quiet year.
- 09/14/2023
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‘Emerging markets have a China problem.' This strategist favors India, which just hit a record.
- Bank of America's global fund manager survey this week reported the biggest ever push into the U.S., and exit from emerging markets, on record. That result didn't come as a big surprise to Matt Orton, chief market strategist at Raymond James Investment Management.
- 09/14/2023
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Arm IPO: $4.9 Billion Pricing Aims for Smooth Trading Debut
- Arm Holdings Plc is set for its trading debut Thursday after raising $4.87 billion in the year's biggest initial public offering. The IPO price of $51 values Arm at about $54.5 billion, according to Bloomberg News calculations.
- 09/14/2023
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Arm shares set to start trading in biggest IPO in almost 2 years
- Arm will become the biggest IPO in the US since 2021 when it makes its market debut on Thursday. The chip designer will be valued at $52 billion and raise about $4.9 billion, per Bloomberg.
- 09/14/2023
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China is huge for chip designer Arm. That's a risk for its new investors
- As British chip designer Arm prepares to raise about $5 billion in an initial public offering (IPO) on Thursday, its China business has become a serious point of concern.
- 09/14/2023
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Nvidia and TSMC shares rise ahead of ARM IPO, HP stock falls on Berkshire Hathaway sale, and more movers
- Shares of chipmakers Taiwan Semiconductor Manufacturing Co. TSM, +0.82% rose 1.4% and Nvidia Corp. NVDA, +1.37% gained nearly 1% in premarket trading as U.K.-based chip designer ARM Holdings PLC ARM, heads for its Nasdaq trading debut on Thursday. Both companies are among a host of companies investing in ARM at the IPO price.
- 09/14/2023
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Nvidia, AMD, Other Chip Stocks Boosted by Arm IPO
- The semiconductor designer priced its U.S. initial public offering at $51 a share, the top of the expected range, which gives the company a market value of almost $55 billion.
- 09/14/2023
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Stock futures rise ahead of retail sales data and after ARM prices IPO near top of range
- U.S. stock futures were firmer as bond yields steadied and traders eyed retail sales data and opening action for the ARM Holdings IPO.
- 09/14/2023
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Chip designer Arm targets $52 bn valuation in year's largest IPO
- British chip designer Arm is targeting a valuation of more than $52 billion for its initial public offering (IPO) on the Nasdaq exchange on Thursday, according to a company press release.
- 09/14/2023
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Arm IPO values UK chip designer at US$54.5bn ahead of New York debut
- Arm Holdings, the UK's leading technology firm, has secured a valuation of $54.5 billion in its initial public offering (IPO). The Cambridge-based company set its share price at $51, the upper limit of its range, thereby raising $4.87 billion for SoftBank through the sale of 95.5 million shares.
- 09/14/2023
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UK-based Arm Holdings valued at £43.6bn ahead of eagerly awaited return to the stock market
- UK-based chip designer Arm Holdings has secured a $54.5bn (£43.6bn) value ahead of its eagerly anticipated return to the stock market later on Thursday.
- 09/14/2023
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ARM Holdings: IPO Valuation Expensive
- Arm Holdings, a leading microchip designer, is going to list its shares on the Nasdaq Stock Exchange again. The company is supported by its customers, which are interested in buying a large chunk of the company's free float. Based on my valuation model, the official IPO price seems to be very genereous.
- 09/14/2023
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Focus: How SoftBank played it safe in pricing Arm's IPO
- SoftBank Group CEO Masayoshi Son was in San Francisco on Wednesday when he joined a call with his bankers in New York to make a final decision about his company's most valuable asset: chip designer Arm Holdings.
- 09/14/2023
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Arm reportedly prices IPO at $51 per share
- CNBC's Leslie Picker joins the 'Fast Money' traders with news on Arm's latest valuation ahead of Thursday's IPO.
- 09/13/2023
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This $50 Billion Artificial Intelligence (AI) IPO Is Generating Massive Interest. There's Also a Huge Red Flag
- Arm Holdings is on the verge of launching the biggest IPO of 2023. The company is working to fetch a valuation in the same league as Nvidia, but the numbers simply don't add up.
- 09/13/2023
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Arm Set to Price IPO at $52 a Share: WSJ
- Bloomberg's Bailey Lipschultz reports on pricing for the IPO of Arm Holdings.
- 09/13/2023
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Arm prices IPO at $52 per share for $55.5B valuation
- ARM Holdings, the semiconductor chip design firm backed by SoftBank, has priced its initial public offering at $52 per share, according to reports. That's higher than the expected price range of $47 to $51 and values the UK-based company at a fully diluted market cap of $55.5 billion.
- 09/13/2023
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Patrick Moorhead on what investors should expect to see from Arm IPO
- Patrick Moorhead, Moor Insights & Strategy CEO, joins 'Closing Bell Overtime' to talk Arm's upcoming IPO, it's reported valuation and where it fits in the current tech landscape.
- 09/13/2023
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Correction: Arm prices IPO at $51 per share, at top of expected range
- Chip designer Arm priced its initial public offering on Wednesday.
- 09/13/2023
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SoftBank's Arm prices IPO at $51 per share-sources
- SoftBank Group Corp's chip designer Arm Holdings Plc priced its U.S. initial public offering (IPO) at $51 per share on Wednesday afternoon at the top end of its indicated price range, people familiar with the matter said.
- 09/13/2023
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Arm reportedly prices IPO at $52 per share
- CNBC's Leslie Picker joins 'Closing Bell Overtime' to report new information concerning Arm's IPO valuation ahead of its Nasdaq debut on Thursday.
- 09/13/2023
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Arm expected to price IPO above expected range
- Arm Holding Ltd. is expected to priced its initial public offering above expectations late Wednesday following intense interest.
- 09/13/2023
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Arm prices IPO at $52 per share
- Chip designer Arm priced its IPO on Wednesday.
- 09/13/2023
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SoftBank's Arm discusses pricing IPO at $52 per share-source
- SoftBank Group Corp's chip designer Arm Holdings Plc was discussing pricing its U.S. initial public offering (IPO) at $52 per share on Wednesday afternoon in a meeting with its investment bankers, a person familiar with the matter said.
- 09/13/2023
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ARM IPO hype may not sustain its first day pop in valuation
- CNBC's Deirdre Bosa joins 'The Exchange' to discuss retail investors considerations before buying ARM IPO at initial price, tips for timing your IPO investment, and IPOs underperforming expectations.
- 09/13/2023
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Arm will be one of the many beneficiaries as AI gets into the smartphone, says New Street's Ferragu
- Pierre Ferragu, New Street research analyst, joins 'Squawk on the Street' to explain why his firm has a 'buy' rating and $59 target price for Arm as the company is set to debut on Thursday.
- 09/13/2023
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Arm IPO: Separating the hype from the reality
- Arm Holdings' much-anticipated initial public offering is set to be the biggest IPO since electric-vehicle maker Rivian Automotive went public in 2021, raising $11.9 billion. So what should investors expect?
- 09/13/2023
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ARM IPO: What you need to know
- CNBC's Leslie Picker and Kristina Partsinevelos join 'Squawk on the Street' to discuss ARM's public debut tomorrow.
- 09/13/2023
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Is The IPO Market Back Again Thanks To Arm And Company? Not So Fast.
- One capital markets veteran said the hotly anticipated IPOs of Arm and Instacart aren't “really the starting point for a robust IPO market.”
- 09/13/2023
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Arm Stock Gets Its First Buy Rating Even Before the IPO
- NewStreet Research sets a Buy rating and $59 target price on shares of chip-design house Arm, which is set for an initial public offering on Thursday.
- 09/13/2023
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Will Arm IPO be the next WeWork, or SoftBank's greatest hit?
- Arm's parent company SoftBank is still deliberating on a final share price for the British semiconductor architect as the year's largest tech IPO approaches. Initially tipped for $60 billion, SoftBank has steadily climbed down closer to the $50 billion mark as it sought to attract big-ticket investors.
- 09/13/2023
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Arm IPO: How The Failed Nvidia Takeover Affects The Upcoming Offering
- ARM Limited, a UK-based technology company, is set to go public this month. ARM designs advanced processors and licenses its intellectual property to other companies in the industry. The company's potential as a standalone company may be diminished after the failed acquisition attempt by Nvidia.
- 09/13/2023
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Arm Holdings IPO: What to know
- Arm Holdings, the Cambridge, England-based designer of chips used in devices ranging from computers and smartphones to data servers is set to hold the biggest U.S. IPO in two years.
- 09/13/2023
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3 Chip Stocks to Buy BEFORE the ARM IPO
- U.K. chip designer Arm is set to go public soon in what will be one of the biggest IPOs ever. In fact, only the IPOs of Meta (NASDAQ: META ), formerly Facebook, and Rivian (NASDAQ: RIVN ) were larger.
- 09/13/2023
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Arm Holdings will be worth at least $54.5bn on IPO, report reveals
- Arm Holdings will come to market with a valuation of at least $54.5 billion based on the interest shown int the chip designer's New York IPO, according to Reuters citing sources close to the process. Advisors to the float have opted for the upper limit of its initial $47-to-$51-per-share range, and may even price its shares higher when they list on Nasdaq on Thursday, the source told the financial newswire.
- 09/13/2023
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These 3 September Listings Could Revive the IPO Market
- Three high-profile companies are planning to make their debut on the stock market this September.
- 09/12/2023
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TSMC plans to invest up to $100 million in Arm IPO
- Taiwan Semiconductor Manufacturing Co. plans to invest up to US$100 million in Arm Holdings' initial public offering.
- 09/12/2023
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Arm to fetch at least $54.5 bln valuation in IPO-source
- Arm, the chip designer owned by SoftBank Group Corp , received enough backing from investors to secure at least the top end of the price range in its initial public offering, which would command a $54.5 billion valuation on a fully diluted basis, a person familiar with the matter said on Tuesday.
- 09/12/2023
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TSMC Seeks Up To $100 Million Investment In Oversubscribed Arm IPO
- The board of Taiwan Semiconductor Manufacturing Co. (TSM) has approved an investment of up to $100 million in the Initial Public Offering (IPO) of UK-based chip designer Arm.
- 09/12/2023
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Investors should avoid Arm IPO, New Constructs says
- As Arm Holdings prepares for its eagerly anticipated initial public offering, independent equity research firm New Constructs warns that the valuation is disconnected from the chip giant's fundamentals.
- 09/12/2023
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Arm's China risks remain in focus ahead of highly-anticipated IPO
- CNBC's Eunice Yoon joins 'Squawk on the Street' to report on Arm's China exposure.
- 09/12/2023
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TSM Stock Alert: TSMC Will Invest Up to $100 Million in Arm IPO
- Arm is gradually becoming one of the most hyped-up companies and it isn't even public yet. This morning, it was announced that Taiwan Semiconductor (NYSE: TSM ) had agreed to invest up to $100 million into Arm following the company's initial public offering (IPO).
- 09/12/2023
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Can Arm and Instacart Resuscitate The IPO Market?
- The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Q2 2023 marked the sixth consecutive quarter of lower year-on-year IPO activity.
- 09/12/2023
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IPO Buzz Heats Up Ahead Of Arm And Instacart, IPO ETF A Buy
- Arm Holdings and Instacart are set to go public, signaling a potential uptick in IPO activity. The IPO market has been lackluster in recent years, but there are signs of recovery. The Renaissance IPO ETF, which has underperformed in the past, could benefit from a recovering IPO market and a revamped ETF.
- 09/12/2023
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Arm shifts business model ahead of IPO: Report
- Arm Holdings (ARM) announced it will be pivoting its business ahead of its IPO debut on Wednesday, according to Bloomberg. The report notes the company's original model was to design chips in a direct business-to-business approach, but the company is now offering more specific products and charging higher royalties.
- 09/12/2023
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Apple's new product launch event, Oracle earnings underwhelm, Arm's strategy ahead of IPO
- Yahoo Finance anchor Brad Smith breaks down three things to know for September 12, 2023 including Apple (AAPL) announcing design changes for the iPhone 15 ahead of its launch event later today. Oracle Corp. (ORCL) stock falls after reporting weaker-than-expected earnings, particularly in its revenue tied to its hardware segment.
- 09/12/2023
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TSMC plans $100 million investment in Arm IPO: board
- Taiwanese chip giant TSMC said Tuesday its board has approved an investment of up to $100 million in British chipmaker Arm when it lists on New York's Nasdaq exchange this week.
- 09/12/2023
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Taiwan chip giant TSMC to invest up to $100 million in Arm IPO
- TSMC manufactures semiconductors for companies from Apple to Nvidia, that are often based on Arm architecture.
- 09/12/2023
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Arm, a British Chip Designer, Juggles Challenges Before 2023's Biggest I.P.O.
- The SoftBank-owned company, which for decades has defined how mobile phones operate, is grappling with geopolitical and commercial complexities as it prepares to go public this week.
- 09/12/2023
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SoftBank supremo eyes rare success with Arm IPO
- Masayoshi Son's once-exalted reputation as an investor is badly tarnished, but the irrepressible founder of Japan's SoftBank is hoping that the mega-IPO of Arm this week might bring back the good times.
- 09/12/2023
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Can Arm And Instacart Resuscitate The IPO Market?
- Q2 2023 marked the sixth consecutive quarter of lower year-on-year IPO activity. The April through June stretch was the weakest global go-public count since early 2016. The third quarter currently has 41 deals announced through September 11, vs. a total of 46 for Q2. The most anticipated IPO of the second half of the year, Arm Holdings, will begin trading on Thursday (Sept 14).
- 09/12/2023
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After Nvidia's 200% rally this year, investors look to the Arm IPO — but the two are very different
- Softbank, the owner of Arm, and its positioning of the British chip designer as an AI play, ahead of its blockbuster initial public offering (IPO).
- 09/12/2023
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Arm's IPO Orders Already Oversubscribed by 10 Times
- The initial public offering of Arm Holdings Ltd., the chip designer owned by SoftBank Group Corp., is already oversubscribed by 10 times, and bankers plan to stop taking orders by Tuesday afternoon, according to people familiar with the matter.
- 09/11/2023
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Arm Semi IPO - impact on funds
- ETF Edge, September 11, 2023 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
- 09/11/2023
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What Instacart & Arm public offerings could mean for the IPO market
- Arm Holdings (ARM) and Instacart announced their revised price ranges for shares ahead of their upcoming initial public offerings.Yahoo Finance's Julie Hyman and Brad Smith provide a detailed analysis of what this could mean for the IPO market, referencing comments made by Goldman Sachs (GS) CEO David Solomon anticipating a surge in capital market activity.
- 09/11/2023
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Tech's Wild Week: How Apple, Google, AI, Arm's mega IPO could set the agenda for years
- Headlined by Apple Inc.'s AAPL, +0.25% seminal iPhone event on the second Tuesday of the month at Apple Park, and anchored by Salesforce Inc.'s CRM, -0.13% wildly popular Dreamforce conference up the road in San Francisco, these several days set a tempo as well as establish a road map for the industry over the next 12 months. They also open the floodgates on tech conference season, with shows stacked up over the next several weeks for Facebook parent Meta Platforms Inc. META, +1.92%, Microsoft Corp. MSFT, +0.66%, and Oracle Corp. ORCL, +0.62%.
- 09/11/2023
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ARM Stock IPO: When Does Arm Go Public? What Is the Arm IPO Price Range?
- British chipmaker Arm is set to start trading this week, and the world is watching. It's been a complicated year for companies going public.
- 09/11/2023
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Arm Holdings: Don't Bail Out This Private Equity Giant
- SoftBank doubled the “on-paper” valuation by buying shares from itself, just as it did before the WeWork IPO. We think investors would be wise to avoid the bait.
- 09/11/2023
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ARM mulls price hike for IPO after strong demand - report
- Arm, the chip designer owned by SoftBank Group, is reportedly mulling raising the price of its US listing after strong demand for its shares. Reports today said it is looking at a value of US$54.5 billion, which would be at the top end of its indicated US$47-to-$51-per-share, but sources quoted by Reuters said demand has been such that it might raise the range.
- 09/11/2023
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Analysis: For retail investors, jumping on Arm's blockbuster IPO is a risky business
- Retail traders getting their first bite at Arm Holdings' highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned when they jump on hot listings.
- 09/11/2023
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Arm IPO Latest: Chip Designer Considering Lifting Price Range Ahead of Listing
- Arm is considering raising the price range of its initial public offering after meeting investors for what would be the world's largest listing this year, according to people familiar with the matter. Alex Webb has more on Bloomberg Television.
- 09/11/2023
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Arm Eyes Pricing IPO at Top or Above Range: Reuters
- SoftBank's chip design unit Arm will reportedly be able to price its IPO shares at top or above the $47 to $51 range as the company prepares to make its highly anticipated public debut. Peter Elstrom reports on Bloomberg Television.
- 09/10/2023
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Exclusive: SoftBank's Arm eyes pricing IPO at top of range or above-sources
- Arm, the chip designer owned by SoftBank Group Corp , is getting close to securing enough investor support to attain the fully diluted valuation of $54.5 billion it was seeking in its initial public offering (IPO) at the top of its indicated range, and is considering asking investors to value it higher, people familiar with the matter said on Sunday.
- 09/10/2023
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The ARM IPO - Opportunistic Timing For A Rich Valuation
- ARM is a semiconductor company that offers chip architecture designs for companies to use in their products. ARM's architecture, characterized by simplicity and efficiency, has allowed them to dominate the mobile chip market. The upcoming ARM IPO comes at a time of high investor demand for chip companies, but the valuation is too high for its growth prospects.
- 09/10/2023
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U.S. IPO Weekly Recap: Arm Joins The IPO Calendar As More Small Issuers List
- The IPO market was back in the spotlight this past week, as Arm revived the calendar with its highly-anticipated deal. The week's only notable filing came from homebuilder Smith Douglas Homes, which filed to raise $100 million. Three issuers are currently scheduled to list in the week ahead, although one is too small for our IPO stats. Small issuers may also join the calendar during the week.
- 09/09/2023
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Evercore Founder Roger Altman: The stage is set for Instacart and ARM to have successful IPOs
- Roger Altman, Evercore Founder, joins 'Closing Bell Overtime' to talk the IPO market, the Chinese equities market and resiliance in the U.S. economy.
- 09/08/2023
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Arm Will Be Good Measure for AI & Tech Market: EquityZen
- Brianne Lynch, EquityZen Head of Market Insight, offers her insight into upcoming public offerings, including Arm and Instacart. She speaks with Ed Ludlow and Caroline Hyde on "Bloomberg Technology.
- 09/08/2023
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SoftBank's Arm IPO currently six times oversubscribed-source
- Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp that is seeking roughly $5 billion in its initial public offering (IPO), has seen investor demand that is six times the amount it is asking for, a person familiar with the matter said on Friday.
- 09/08/2023
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Arm Wants to Be Valued Like Micron. Recent IPO Data Suggest That's a Reach.
- Arm is aiming for the biggest IPO of the year so far. A look at the data for companies listing this year so far shows it faces a tough market.
- 09/08/2023
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No pressure Arm and Instacart, but Wall Street is just one tech IPO away from rebound
- Goldman Sachs (NYSE:GS) boss David Solomon is pinning his hopes of a capital markets rebound on the success of upcoming blockbuster Big Tech initial public offerings. Coming off one of the worst years for IPOs in living memory, there has been little to cheer about in the 2023 capital markets scene.
- 09/08/2023
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Will Arm Holding Stock Be a Buy After the IPO?
- SoftBank is selling some of its shares in Arm Holding in a big test of the IPO market. Arm sounds like an exciting business, but though it's an important piece of the semiconductor industry, it looks like a slow-growth operation.
- 09/08/2023
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Arm Could Be a Huge IPO. Here's Why I Would Buy This Semiconductor Stock Instead.
- Arm Holdings could be the biggest IPO this year. It will be hard to live up to the hype at a potential valuation of 105 times earnings.
- 09/08/2023
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Nvidia Is the Market's Favorite Chip Stock. This Analyst Thinks Arm Belongs in the Same Tier.
- Arm is aiming for an IPO valuation of up to $52 billion despite some market skepticism. Susquehanna's Christopher Rolland says there are reasons to back the chip-design company.
- 09/08/2023
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Venture capital firm discusses the Arm IPO and investing in generative AI startups
- Edith Yeung of Race Capital says that Softbank's Arm needs a "more AI story" ahead of its IPO and shares how she approaches investing in generative AI companies.
- 09/07/2023
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Mizuho Aims for Big Leagues With Arm IPO
- Landing a role in Arm Holdings Ltd.'s giant offering has been a coup for Mizuho Financial Group Inc., one of the four global investment banks that are leading the deal.
- 09/07/2023
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Arm touts cloud computing expansion, royalties to IPO investors
- SoftBank Group Corp's Arm Holdings Plc on Thursday told potential investors in its roughly $5 billion initial public offering that cloud computing expansion and royalty revenue represented major growth areas for the chip designer.
- 09/07/2023
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Arm's IPO gets even more interesting with Apple deal inked through 2040
- Apple Inc (NASDAQ:AAPL) and soon-to-be-public semiconductor architecture designer ARM Holdings have reached a deal that provides the former with an important piece of intellectual property through 2040 and “beyond.” The agreement gives Apple access to Arm's semiconductor component designs for use in its iPhone and Mac chips, according to an Arm filing with the US Securities and Exchange Commission on Tuesday.
- 09/07/2023
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Arm Holdings Readies High Valuation U.S. IPO
- Arm Holdings has filed proposed terms for a $4.7 billion U.S. IPO of its American Depositary Shares. The company creates and licenses CPU technologies for various devices and applications globally. Arm Holdings has seen declining revenue, reduced profits, and an excessive valuation multiple of 100x for its IPO.
- 09/07/2023
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Arm IPO is a 'good barometer' for tech and AI, analyst says
- Initial Public Offerings, or IPOs, have been making headlines once again. Companies like Cava (CAVA) sparked investor interest in 2022.
- 09/06/2023
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Apple and Arm sign deal for chip technology that goes beyond 2040
- Apple has secured access to a core piece of intellectual property, the Arm architecture, used in its iPhone and Mac chips, for the foreseeable future.
- 09/06/2023
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Arm plans an IPO as AI fever sweeps Wall Street
- Investors are excited by the prospect of a chipmaker that isn't Nvidia. Welcome to AI Decoded, Fast Company's weekly LinkedIn newsletter that breaks down the most important news in the world of AI.
- 09/06/2023
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Arm IPO to see Apple and Google among investors
- Smartphone microchip designer ARM Holdings has attracted a stellar list of cornerstone investors to its upcoming share listing, including Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG)'s Google, in what could be this year's biggest initial public offering (IPO) so far. The British company is seeking to raise up to approximately US$4.9 billion from its debut on the Nasdaq stock exchange later this month.
- 09/06/2023
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Arm Holdings IPO: SoftBank's Chip Maker Could Go Public As Soon As Next Week
- With concerns about the smartphone market and its exposure to China, Arm has a potential uphill battle to achieve its valuation.
- 09/06/2023
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From valuation to margins, investment advisor discusses Arm's prospects as it gears up for IPO
- Kirk Boodry, investment advisor from Astris Advisory, expects Arm's valuation to be below $50 billion. While research and development spending may remain high, he is confident that Arm's margins "will hold up," he added.
- 09/06/2023
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SoftBank's Arm Seeks Up to $4.87 Billion in Downsized IPO
- SoftBank Group Corp.'s chip-designer unit Arm Holdings Ltd. is planning to raise as much as $4.87 billion in the long-anticipated initial public offering.
- 09/05/2023
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Apple inks new long-term deal with Arm for chip technology - filing
- Apple has signed a new deal with Arm for chip technology that "extends beyond 2040," according to Arm's initial public offering documents filed on Tuesday.
- 09/05/2023
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SoftBank's Arm starts IPO roadshow in Baltimore to court T Rowe Price
- Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp , began its marketing roadshow for its blockbuster initial public offering on Tuesday in Baltimore, where T Rowe Price is headquartered, underscoring the fund manager's significance as a potential investor.
- 09/05/2023
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Why SoftBank Is Scaling Back Expectations for Arm IPO
- SoftBank's Arm Holdings is planning to raise as much as $4.87 billion in a significantly smaller initial public offering than the phone-chip designer had previously targeted. Liana Baker has more on "Bloomberg Markets: The Close.
- 09/05/2023
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Arm is headed for a $52 billion IPO that's set to draw tech titans like Apple and Nvidia. Here's what to know about the biggest US stock debut of the year.
- Softbank Group-owned chip designer Arm is targeting a $52 billion IPO in September. The launch is set to draw big investment from tech giants like Apple, Nvidia, Samsung, and Google.
- 09/05/2023
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Arm just priced its IPO that is ‘expected to be a very big deal'
- Arm wants to raise up to $4.87 billion as it goes live on Nasdaq this month, as per its filing with the Securities & Exchange Commission on Tuesday. Arm is seeking $52 billion in valuation The chip design firm will list a total of 95.
- 09/05/2023
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SoftBank's Arm targets $52B valuation in 2023's biggest IPO
- SoftBank is offering 95.5 million American depository shares of Arm for $47 to $51 each and is aiming to pull in $4.87 billion on the high end, according to a regulatory filing.
- 09/05/2023
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Arm Expected to Be Biggest US IPO So Far This Year
- U.K.-based chip designer Arm is looking to raise up to $4.87 billion in the largest U.S. initial public offering (IPO) of the year yet—one which could value the company at as much as $52 billion.
- 09/05/2023
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Arm IPO Alert: 7 Things for Potential ARM Stock Investors to Know
- A new Arm initial public offering ( IPO ) update is available and it has the company expecting a massive valuation when shares go public. Let's get into all of the details traders need to know about the Arm IPO below!
- 09/05/2023
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Goldman Sachs lowers recession odds; ARM's IPO, Warner Bros.profits hit by strikes: 9/5.23
- Goldman Sachs (GS) cut its recession forecast to a 15 percent probability the U.S. could go into a recession. Chipmaker Arm has been valued at $52 billion ahead of its much-anticipated IPO.
- 09/05/2023
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Arm's IPO could value the chip company at $52 billion. Apple, Google and Nvidia show interest
- A who's who of Big Tech companies is set to invest in one of the most highly anticipated initial public offerings in recent memory, a blockbuster event that could value a British chip designer at as much as $52.3 billion.
- 09/05/2023
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Arm Plans To Go Public At Up To $55 Billion Valuation—Biggest IPO Since Rivian's In 2021
- The valuation comes in far below the reported $64 billion internal valuation for the SoftBank-owned chip designer.
- 09/05/2023
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Arm's latest IPO filing eyes potential $52b valuation
- Arm this morning submitted an update to its SEC IPO filing proposing a $47 to $51 share pricing. The high end would put the British chip maker's valuation north of $52 billion.
- 09/05/2023
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Arm targets $52 billion valuation as IPO pricing confirmed
- Arm Holdings is seeking a valuation of more than $52 billion in its initial public offering, the chip designer confirmed today, as it prepares for the biggest US stock market flotation of the year. In a filing, Arm's parent company, Softbank said the IPO would be priced between $47 and $51 per share, raising an initial $4.9 billion for the Japanese firm.
- 09/05/2023
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ARM to raise up to $4.9 billion in U.S. IPO, and be valued at up to $52.3 billion
- Arm Holdings Ltd. has set terms for its initial public offering in the U.S., as the U.K.-based semiconductor designer looks to raise up to $4.87 billion, and be valued at up to $52.3 billion.
- 09/05/2023
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SoftBank's chip designer Arm aims to raise up to $4.87 bln in US IPO
- SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.
- 09/05/2023
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Arm IPO Expectations Tempered
- A dose of reality is tempering the outlook for chip designer Arm's public listing as it begins its investor roadshow, lowering expectations for both its valuation and fundraising goal. Min Jeong Lee reports on Bloomberg Television.
- 09/04/2023
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My Top Tech IPO to Buy in September
- Nvidia's failed mega-buyout of Arm Holdings paved the way for a massive IPO in September. Arm has applications ranging from smartphones to data centers, so an investment in the company is essentially a bet on the future of computing.
- 09/04/2023
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Arm's Pricing Shows It Isn't Nvidia. It's Still Set to Be the Biggest IPO of the Year.
- British chip designer Arm is eyeing a valuation between $50 billion and $55 billion for its IPO on the Nasdaq, according to The Wall Street Journal, citing people familiar with the matter.
- 09/04/2023
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Arm reported to have lowered valuation ahead of IPO
- Arm is targeting a valuation of between US$50-55 billion, down from the US$64 billion valuation given by its owner, Softbank, last month. The UK computer chip designer is preparing to start its IPO roadshow next week ahead of a long-awaited stock market float in New York.
- 09/04/2023
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SoftBank Is Said to Line Up Apple, Nvidia as Strategic Arm IPO Backers
- SoftBank Group Corp. is said to have lined up some of Arm Ltd.'s biggest customers as strategic investors for the chip company's initial public offering.
- 09/03/2023
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This Chip Stock IPO May Be a Pass -- For Now
- Arm Holdings is set to go public again after being taken private by Softbank in 2016. Reports suggest the company seeks a valuation between $60 billion and $70 billion.
- 09/03/2023
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U.S. IPO Weekly Recap: August Wraps Up With 1 Nano-Cap
- There was just one pricing this past week, which was excluded from our IPO stats, while holdover biotech Adlai Nortye did not get done. Filing activity reached a six-month high in August, and six issuers filed to raise $100 million or more, the most since January. Veterinary hospital operator Inspire Veterinary Partners priced at the low end to raise $6 million at a $41 million market cap.
- 09/03/2023
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Exclusive: SoftBank's Arm to ask for $47 to $51 per share in IPO -source
- SoftBank Group's chip designer, Arm, is planning to ask investors to pay $47 to $51 for each of its shares when it begins marketing its initial public offering (IPO) next week, a person familiar with the matter said on Saturday.
- 09/02/2023
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Exclusive: Arm signs up big tech firms for IPO at $50 bln-$55 bln valuation-sources
- Customers of Arm Holdings Ltd including Apple Inc , Nvidia Corp , Alphabet Inc and Advanced Micro Devices Inc are set to invest in the chip designer's initial public offering, according to people familiar with the matter.
- 09/01/2023
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Chip designer ARM targets IPO valuation of up to $55 billion: report
- Arm Holdings Ltd.'s initial public offering could give the company a valuation between $50 billion and $55 billion in what may be the biggest offering of the year.
- 09/01/2023
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Arm set to target IPO valuation of $50 billion to $55 billion, sources say
- Arm Holdings Ltd is targeting a valuation between $50 billion to $55 billion for its much-awaited initial public offering (IPO), ahead of its roadshow with investors next week, according to people familiar with the matter.
- 09/01/2023
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Arm Looks to Target IPO at $50-$55 Billion Valuation
- Arm plans to start meeting with prospective investors as early as Tuesday
- 09/01/2023
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Arm prepares to meet investors ahead of blockbuster IPO -sources
- Arm Holdings Ltd plans to launch its roadshow for investors after Labor Day, as the chip designer prepares for its much-anticipated initial public offering (IPO) in September, according to people familiar with the matter.
- 08/31/2023
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Arm Expected to Price Shares on Sept. 13
- Arm Holdings Ltd., one of the most anticipated stock listings of the year, is preparing to set a price range for its initial public offering before embarking on an investor roadshow next week, according to people familiar with the matter.
- 08/31/2023
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Arm, Instacart, Klaviyo Prep for Their IPOs---With Caution
- Companies are lining up big investors ahead of time and selling small slugs of stock in a sign of the fragile IPO environment.
- 08/30/2023
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ARM IPO and Recent Acquisition Updates That Semiconductor Investors Should Know About
- ARM recently released its initial F-1 filling. Could this be the IPO of the year?
- 08/29/2023
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Arm IPOs on Nvidia's Success and AI Hype. Here's Why I'm Not Touching It
- Nvidia wanted to acquire the company for $40 billion and failed. Arm is reported to be valued at $60 billion.
- 08/28/2023
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U.S. IPO Weekly Recap: September IPO Roster Gets A Boost As Arm, Instacart, And Other Large Filers Join The Pipeline
- The IPO calendar was quiet this past week, but the pipeline got a boost from several large deals. UK-based chip designer Arm and grocery delivery platform Instacart led the week's news, filing for IPOs that we estimate could raise up to $6 billion and $1 billion, respectively. Just one IPO is currently scheduled to list in the week ahead, the final week of the IPO market's annual August pause.
- 08/26/2023
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Arm IPO: 5 things to know about the chip designer central to the AI transition
- Arm Holdings Ltd. filed for its long-awaited initial public offering on Monday, and while it's not the U.K.-based chip designer's first public rodeo, the tech world has changed a lot in the past seven years since SoftBank Group Corp. took the company private.
- 08/24/2023
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Arm IPO: What You Need To Know
- Arm holdings and its parent company SoftBank are preparing to file of the most significant IPOs in recent memory. In this article we discuss who they are, what they do in the semiconductor space, and why their IPO is such a big deal.
- 08/23/2023
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Arm IPO Filing: Chip Maker Files To Go Public In The U.S.
- Semiconductor chip maker Arm has officially filed for its IPO on the Nasdaq, which could spark a boom in new tech IPOs
- 08/23/2023
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The Importance Of Arm Holdings For SoftBank Group's Valuation
- Arm Holdings plans to go public via an IPO at the Nasdaq, with parent company SoftBank acquiring an additional 25.1% stake for $16.1 billion prior to the listing. Arm Holding's valuation will be crucial to SoftBank's overall valuation, and failure to meet ambitious targets could negatively impact SoftBank's share price. A $70 billion valuation for Arm Holdings may be difficult to justify, as the company does not display rapid growth and may face increased competition from RISC-V architecture in the future.
- 08/23/2023
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Arm Holdings Begins Long-Awaited U.S. IPO Rollout
- Arm Holdings Limited has filed for an IPO to raise $100 million, although the final figure may be as high as $6 billion. The company designs and licenses CPU technologies for various devices and applications worldwide. Arm's financial performance has seen a slight decline in revenue, but growing operating profit and net income, with impressive free cash flow.
- 08/22/2023
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