SFBQF - Is Arm an AI meme stock or are there other forces at play?
2024-02-14 06:31:28 ET
Big stock swings are in the spotlight as trading exuberance resurfaces, with much excitement returning to the markets over the past few months. Things have been magnified on a broader scale, with the Dow tumbling more than 500 points on Tuesday in response to slightly hotter inflation data, while single stock names have also drawn outsized attention for a whole host of reasons. Robinhood was quick to comment on the rebound in trading activity in its latest earnings , referencing a jump in monthly active users and accelerating deposits....
Is Arm an AI meme stock, or are there other forces at play?