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Arm (ARM) Downgraded by BofA on Smartphones and Royalty Headwinds

amefika5 months ago02 mins

Arm Holdings plc (NASDAQ:ARM) is one of the AI Stocks Trending on Wall Street. On January 13, BofA Securities analyst Vivek Arya downgraded the stock from Buy to Neutral and lowered the price target to $120 from $145. The downgrade comes ahead of ARM’s fiscal 2026 third-quarter results on February 4. BofA has pointed to…

This big Nvidia investor just closed his entire position. Should you be worried?

amefika7 months ago05 mins

24/7/Wall St. NVIDIA (NVDA) sold by SoftBank for $3.3 billion in 2019 it would now be worth more than $150 billion. SoftBank liquidated its remaining 32.1 million Nvidia shares in October for $5.83 billion to fund new investments. SoftBank is putting proceeds toward a $22.5 billion commitment to OpenAI and other AI companies. If you’re…