AnalysisMar 21

ARM Surges on HSBC Double-Upgrade to Buy

HSBC upgraded ARM Holdings from Reduce to Buy with a $205 price target, citing AI server CPU growth potential that could double royalty revenue.

By Michael Brennan3 min read

SectorsMar 21

Dell Gains 5% as AI Server Rival SMCI Implodes

Dell Technologies rose 5% as Super Micro's legal troubles pushed investors toward the more established AI server player with a $43B backlog.

MarketsMar 21

The small-cap Russell 2000 fell 10.9% from its high, becoming the first major U.S. index to enter correction as oil prices and Fed hawkishness weigh.

MarketsMar 21

SMCI shares cratered after federal prosecutors charged co-founder Wally Liaw with smuggling $2.5 billion in AI servers to China.