Arm plc(ARM)

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Arm's gains are SoftBank's gains
TechCrunch· 2024-02-09 00:23
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.S ...
Arm CEO talks growth as stock rallies on AI-fueled demand
Fox Business· 2024-02-09 00:00
Arm Holdings CEO Rene Haas took a victory lap Thursday as the chip design firm's stock saw its biggest single-day gain ever after beating Wall Street earnings and revenue estimates and offering a sunny forecast driven by demand for their services thanks to artificial intelligence. In an interview on FOX Business' "The Claman Countdown" ahead of the closing bell, Haas attributed his company's success to plans it had put in place years ago to move beyond the smartphone market and into data centers and the aut ...
Arm's stock surge burns short sellers, to the tune of $445 million in paper losses
Market Watch· 2024-02-08 23:08
Arm Holdings PLC’s stock easily had its best day on record Thursday, and its 48% daily surge scorched short sellers in the process.Shorts racked up $445 million in paper losses as Arm’s stock ARM, +47.89% exploded higher in the wake of earnings, according to S3 Partners. The action highlighted how shorting semiconductor stocks “has not been a profitable trade” this year, S3’s Ihor Dusaniwsky said in a report. Those who’ve made bearish bets against the sector are down more than $7 billion in mark-to-market l ...
Arm's post-earnings pop leaves stock trading at over 100% premium to Nvidia
CNBC· 2024-02-08 22:26
In this articleThe logo of semiconductor design firm Arm on a chip.Jakub Porzycki | Nurphoto | Getty ImagesExactly two years ago, Nvidia's attempt to purchase chip designer Arm from SoftBank came to an end due to "significant regulatory challenges."Masayoshi Son, SoftBank's billionaire founder, has never been so lucky. That agreement would have involved selling Arm for $40 billion, or just $8 billion more than SoftBank paid in 2016. Instead, Arm went public last year, and the company is now worth over $116 ...
Why Arm Stock Absolutely Destroyed the Market Today
The Motley Fool· 2024-02-08 18:19
Arm Holdings第三季度财报 - Arm Holdings股价在第三季度财报公布后大涨,公司轻松超过市场预期[1][2] - Arm在半导体行业整体放缓的情况下,报告了14%的营收增长,表现强劲[3] - 专利费收入增长11%,许可费收入也超出预期,受益于合作伙伴对先进Arm CPU的需求增加[4] - 调整后的运营利润增长17%,每股调整后收益从0.22美元上升至0.29美元,超过市场预期[5] Arm的人工智能(AI)战略 - 公司表示将从人工智能(AI)热潮中受益,将AI引入数十亿台基于Arm架构的设备[2] - Arm成为AI热潮中的最新赢家,考虑到AI推广仍处于早期阶段,Arm股价有望进一步上涨[10] Arm第四季度展望 - 公司CEO Rene Haas表示,Arm实现了又一个创纪录的季度营收,受益于全球最普及的计算平台[6] - Arm对第四季度的财务指导也好于预期,预计营收为8.5亿至9亿美元,增长38%,调整后每股收益为0.28至0.32美元[8][9]
Arm's stock explodes 50% higher as company proves itself an early AI winner
Market Watch· 2024-02-08 15:28
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.“The royalty revenue line is the focus of investors — for good reason,” Guggenheim analyst John DiFucci wrote in a note to clients late Wednesday. The business, which “is the primary driver of profit,” grew revenue 11% in the latest quarter to $470 million, beating expecta ...
Chip Stock Soars to Record Highs After Earnings
Schaeffers Research· 2024-02-08 15:06
ARM Holdings PLC财报表现 - ARM Holdings PLC (NASDAQ:ARM)在第三季度财报中表现出色,股价创下历史新高[1] - ARM股价突破了$80的阻力位,过去三个月涨幅超过104%,2024年涨幅已达40.6%[4] 选项交易者兴趣增加 - 选项交易者对ARM的兴趣迅速增加,交易量大幅超过平均水平[2] 分析师目标股价调整 - 12位分析师上调了ARM的目标股价,其中BofA Global Research将目标价从$80上调至$110[3]
A call to Arm: British chipmaker's AI rally goes unabated
Proactive Investors· 2024-02-08 14:56
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. Year to date, the stock is up over 50% and has about doubled since IPOing in the US last September. The astronomical rally follows yesterday’s second-quarter results, when Arm posted record quarterly revenue ...
Arm shares soar after reporting strong earnings and forecast
CNBC· 2024-02-08 14:15
Arm CEO Rene Haas and executives cheer as Softbank's Arm, a chip design firm, holds an initial public offering at the Nasdaq MarketSite in New York, Sept. 14, 2023.Shares of chip designer Arm climbed almost 30% in extended trading Thursday morning after the company reported better-than-expected earnings Wednesday and a strong profit forecast for the current quarter. Shares were up as much as 41% in trading after the bell Wednesday.Arm's chip design technology is in most smartphones and many PCs. The company ...
Dow Jones Today: Stock Futures Dip; Arm, Disney Soar on Earnings
Investopedia· 2024-02-08 14:10
Stock futures dipped slightly in premarket trading on Thursday as investors digested earnings from entertainment giant Disney and chip designer Arm.Arm (ARM) shares soared in premarket trading after topping earnings estimates and offering current quarter guidance well ahead of Wall Street's expectations. Disney (DIS) gained premarket after beating earnings expectations and announcing a $1.5 billion investment in Fortnite maker Epic Games.Treasury yields and the dollar inched up Thursday morning, while crude ...