ARM Jun 2024 88.000 call
| Previous close | 33.00 |
| Open | 33.00 |
| Bid | 72.25 |
| Ask | 74.15 |
| Strike | 88.00 |
| Expiry date | 2024-06-28 |
| Day's range | 33.00 - 33.00 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Nvidia down for third day, Arm joins Nasdaq 100: Market Domination Overtime
The Nasdaq Composite (^IXIC) fell by over 190 points — or almost 1.10% — in Monday's trading, as the Dow Jones Industrial Average (^DJI) leaped ahead 260 points in the session. Nvidia (NVDA) continued to fall for its third session in a row, bringing the S&P 500 (^GSPC) dow along with it. In this episode of Market Domination Overtime, Hosts Julie Hyman and Josh Lipton speak with Invesco Global Market Strategist Brian Levitt about how the market can keep rallying despite Nvidia's downturn. Arm Holdings (ARM) was added to the Nasdaq 100 (^NDX) on Monday as shares are up nearly 140% since its public debut in September 2023. Arm CEO Rene Haas joins the show to discuss this milestone and the British semiconductor company's outlook. For more expert insight and the latest market action, click here. This post was written by Nicholas Jacobino.
- Yahoo Finance Video
Analysts underestimated how quickly 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. Haas states that AI "is going to really, really change people's lives in terms of productivity, whether that's call centers that can become 100% automated, healthcare, bio-research where you can cut the research of a cancer drug from ten years to five years to three years. This is all going to be capable with AI. And then every device that we use, the data center, the automobile, your PC, your smartphone, they all need to run AI. There's no quibble around that." He notes that 70% of the world's devices use Arm chips, positioning them well in the overall AI race. He adds, "I think respectfully, the analysts maybe didn't quite understand or have an appreciation at the pace of which things were moving," pointing to how quickly AI has grown. He believes the technology will be a tailwind for both smartphones and Arm, stating, "Since most of these devices are already Arm-based and the software runs on Arm, it's pretty natural that we're going to be in the center of all of that." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Melanie Riehl
Fool.co.ukThis overvalued growth stock makes Nvidia look cheap!
ARM Holdings is a growth stock that’s benefitted from the AI rally. Muhammad Cheema takes a look at whether this has been overdone. The post This overvalued growth stock makes Nvidia look cheap! appeared first on The Motley Fool UK.
