Search results for Arm Holdings
AI & Enterprise
Jim Cramer urges investors not to chase parabolic surges, seek stepwise gainers
Jim Cramer advised investors to curb greed and take profits on stocks that surge in a parabolic move. He said stepwise risers may be a better long-term choice because sharp rallies can reverse just as quickly. Cramer said money is not made until a stock is sold, and many investors in parabolic runs fail to exit. He cited Arm Holdings and Corning as examples of trimming and exiting after spikes.
AI & Enterprise
U.S. chip stock selloff spreads to Asia, SoftBank slides 8 percent
Japanese technology shares fell sharply as a selloff in U.S. semiconductor stocks spread across Asia, CNBC reported on Thursday. SoftBank dropped 8.8 percent, while Tokyo Electron fell 9 percent and Advantest slid 9.4 percent. Kioxia sank more than 14 percent after a Texas federal jury found infringement of Viasat memory technology patents and ordered $229 million in damages. South Korean markets were shut for a holiday.
Industry
Micron shares jump nearly 8 percent after new U.S. supply chain investment plan
Micron shares jumped sharply after the company announced new investment aimed at strengthening the U.S. semiconductor supply chain. The stock rose 7.9 percent to close at $1,023.79, regaining the $1,000 level. Micron said it will make up to $3 billion in new strategic investments and expand its U.S. investment plan through 2035. The plan includes support for GlobalWafers’ Texas operations and a 10-year silicon wafer supply agreement.
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Crypto
U.S. Treasury yields near 4.6 percent; can bitcoin rebound after options expiry
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Finance
SoftBank shares tumble more than 12 percent on Apple shock; Samsung, SK Hynix slide
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AI & Enterprise
SoftBank surges 16.5% as AI rally spreads to Japan stocks
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AI & Enterprise
OpenAI report on missing user and revenue targets sends Nvidia down 3 percent, AMD down 11 percent
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Industry
Coupang board draws attention after Trump taps its outside director as next Fed chair