Amid a stock market sell-off, Wall Street analysts are identifying and recommending specific growth and retail stocks as buying opportunities, with new reports detailing top research calls for various companies, including undervalued large-cap stocks with high-growth grades.
Arm Holdings' shares surged by 18% following a forecast of $15 billion in AI chip sales, indicating strong market confidence in its future performance in the artificial intelligence sector.
Malaysia's anti-graft agency has launched an investigation into a deal between Arm Holdings (ARM) and the Malaysian government, scrutinizing potential irregularities.
Wall Street analysts have released new research calls, including initiations, upgrades, and price target adjustments for various companies, with the latest reports detailing Wednesday's analyst upgrades and downgrades and highlighting energy firms like Chevron, Kinder Morgan, and TC Energy.
Arm has unveiled its first in-house AI chip, signaling a shift in strategy to sell its own computer chips for AI data centers, with its shares rising 13% in premarket trading following the announcement.
A Seeking Alpha analyst report has provided updated ratings, including upgrades and downgrades, for several companies including CrowdStrike, Tencent Music, Uber, and ARM Holdings.
Malaysia’s anti-corruption investigation into a flagship chip-design deal with Britain’s Arm Holdings took a more combustible turn on Thursday after a former government aide declared: “I am not Jho Low 2.0.”
The remark – invoking the fugitive financier at the centre of Malaysia’s 1MDB scandal – came as the country’s anti-corruption agency pushed back against his claims and allies of Prime Minister Anwar Ibrahim warned the investigation risked appearing heavy handed.
The dispute has dragged on...
Malaysia's Ministry of Economy hopes to continue with the government's agreement with global semiconductor firm Arm Holdings, despite an ongoing MACC probe.
SoftBank-owned tech group Arm's stock has jumped following the launch of its first in-house AI data center chip, the AGI CPU, which is expected to generate billions in annual revenue and has secured Meta as an initial customer, with shares soaring 15% on the news.
Financial commentator Jim Cramer stated that Arm Holdings (ARM) stock price does not yet reflect the company's projected business growth over the next 18 months.
SoftBank is reportedly seeking a massive $40 billion USD loan, its largest ever, to fuel its substantial $30 billion investment in AI firm OpenAI. This move underscores founder Masayoshi Son's aggressive bet on the company, which now represents a significant portion of SoftBank's assets alongside its stake in Arm Holdings.
Arm Holdings plc (ARM) has entered into a multi-year strategic partnership with Tensor, a move expected to impact future developments for both companies.
Nvidia has reportedly divested its stakes in Applied Digital and Arm Holdings, instead investing in a new artificial intelligence GPU player that has seen significant growth since its IPO.