Arm Holdings Plc is reporting its fourth-quarter earnings as it pivots its business strategy to compete directly with its customers by developing a data center CPU chip. This new product is expected to impact sales materially starting in fiscal year 2028. Despite the delayed revenue impact, Arm's valuation has surged on the announcement, signaling strong investor confidence in its long-term growth potential. The move marks a significant shift for Arm, traditionally a chip designer rather than a direct chip seller.
Bank of America highlights a divergence in earnings outlooks for CPU makers AMD, Intel, and ARM amid a mixed market. While PC and smartphone sales are declining, AI server chip demand is surging, benefiting AMD with expected earnings beats and raised...
The REX AI Equity Premium Income ETF (AIPI) changed its distribution schedule from monthly to weekly payments while maintaining a similar annual yield near 35%. The fund generates income by selling call options on AI-focused stocks like Palantir and ...
