Arm Holdings plc (ARM)
After hours:
| Previous Close | 116.65 |
| Open | 118.43 |
| Bid | 113.64 x 300 |
| Ask | 113.75 x 100 |
| Day's Range | 112.52 - 118.50 |
| 52 Week Range | 46.50 - 164.00 |
| Volume | |
| Avg. Volume | 11,519,980 |
| Market Cap | 118.842B |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | 391.97 |
| EPS (TTM) | 0.29 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Yahoo Finance Video
New tariffs on Chinese EVs, Apple-OpenAI talks, Roaring Kitty's return: Morning Brief
On today's edition of The Morning Brief, Yahoo Finance's Seana Smith and Myles Udland cover everything from US-China economic relations to the latest moves in the artificial intelligence game. The market (^DJI, ^IXIC, ^GSPC) opened higher on Monday after all three major indexes closed last week in the green. Stocks are preparing for the Consumer Price Index's (CPI) inflation data expected on Wednesday as core CPI is projected to increase 3.6% year over year. In the latest move to develop domestic supply chains, President Biden is expected to announce new tariffs on Chinese electric vehicles this week, raising the rate to 102.5% from 27.5%, according to reports. SoftBank (SFTBY) posted a full-year profit in its Vision Fund for the first time since 2021, boosted by its investment in Arm (ARM) as the AI race heats up. SoftBank now has a 90% stake in Arm, accounting for almost half its entire portfolio. Apple (AAPL) is reportedly negotiating a deal with OpenAI to include ChatGPT on iPhones. ChatGPT is among the leading AI services, and as iPhone sales slumped last quarter, the partnership with OpenAI could be Apple's latest move to innovate the iPhone and increase sales. Lastly, GameStop (GME) shares are soaring following the return of "Roaring Kitty" to the social media platform X. Roaring Kitty played a critical role in GameStop's short squeeze back in 2021. This post was written by Melanie Riehl
Yahoo Finance UKTrending tickers: Alibaba, Bitcoin, SoftBank and Diploma
The latest investor updates on stocks that are trending on Monday.
- Yahoo Finance Video
Apple is catching up with the AI revolution: Dan Ives
As Big Tech companies reported earnings, they also revealed a massive wave of planned spending on AI projects and infrastructure. Some companies like Alphabet (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) have pulled ahead, while others, like Apple (AAPL), have faced mounting challenges. Wedbush Securities Managing Director Dan Ives joins The Morning Brief to discuss what he calls "the fourth industrial revolution" in AI and Apple's advances on the front. Ives states that Apple's annual Worldwide Developers Conference will be paramount for Apple: "I think it's probably the most important event for Apple that we've seen potentially in a decade because this is going to be [CEO Tim] Cook laying out the AI strategy on the services side for developers, what I believe is really the start of an AI app store in terms of how that's going to morph and then its proprietary AI technology in iPhone 16, which will launch in September." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
