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Why Arm Holdings Stock Was Tumbling Today

TheMotleyFool 
0 0 27.04.26
Why Arm Holdings Stock Was Tumbling TodayPhoto, wide shot, wide-angle lens, soft focus, Networking equipment supplier, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-LvyAFCAMshu3rGBke5G5gxuI.png?st=2023-05-10T15%3A37%3A29Z&se=2023-05-10T17%3A37%3A29Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-10T02%3A36%3A27Z&ske=2023-05-11T02%3A36%3A27Z&sks=b&skv=2021-08-06&sig=nXxCmLby4SxAAd/YtNVxZStdXrs9BCydapQDQaR/oac%3D
 

Shares of Arm Holdings (NASDAQ: ARM) were pulling back one session after surging in sympathy with a strong earnings report from .

CPU stocks, including Arm, have been soaring in recent weeks as it becomes clear that Agentic AI is driving outsize demand for CPUs. There was no company-specific news out on Arm today, but the stock seemed down on profit-taking, and as investors seemed to think the rally had gotten overheated following Friday's surge.

As of 10:49 a.m. ET, Arm stock was down 8.9%, following a jump of 14.8% on Friday.

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Source Fool.com

Intel Corp. Stock

€87.48
3.430%
Intel Corp. dominated the market today, gaining €2.90 (3.430%).
Currently there is a rather positive sentiment for Intel Corp. with 46 Buy predictions and 25 Sell predictions.
However, we have a potential of -15.41% for Intel Corp. as the target price of 74 € is below the current price of 87.48 €.
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