Arm shares open at $56.10 a share, topping IPO price
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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
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Apple iPhone 15 Pro delivery times slip, suggesting strong demand - Bloomberg
September 15, 2023 10:57 AM EDTApple's (NASDAQ: AAPL) initial delivery times for the new iPhone 15 Pro Max slipped into October, according to Bloomberg, suggesting strong demand for its most expensive order, which went on sale for pre-orders on Friday.
Apple shares initially rose to a high of $176.50... More
Citi Out Positive on NVIDIA (NVDA), 'continues to standout out as the most advanced AI platform'
September 15, 2023 10:48 AM EDTCiti analyst Atif Malik reiterated a Buy rating and $630.00 price target on NVIDIA (NASDAQ: NVDA).
The analyst comments "NVIDIA continues to standout out as the most advanced AI platform for both training and inference, in our view. Going from inference for computer... More
Needham & Company Starts ArvinMeritor (ARM) at Hold, 'Valuation Looks Full for ARM in a Post-Smartphone Era'
September 14, 2023 4:17 PM EDTNeedham & Company analyst Charles Shi initiates coverage on ArvinMeritor (NASDAQ: ARM) with a Hold rating.
The analyst comments "We are launching coverage of Arm Holdings plc (ticker: ARM) with a Hold rating. Arm's architecture is a... More

