Arm Rises 3% as Wells Fargo Lifts Price Target to $175
The firm develops CPU architectures used by Nvidia (NVDA, Financials), Microsoft (MSFT, Financials) and Alphabet's Google (GOOGL, Financials). According to Wells Fargo's Sunday note to clients, growing demand for AI infrastructure especially from data centers could accelerate Arm's royalty revenue this fiscal year.
Wells Fargo said it expects Arm's AI and custom silicon designs to drive meaningful royalty revenue growth, despite uncertainty over tariffs. Arm will report fiscal Q1 earnings after the U.S. market closes on July 30.
This article first appeared on GuruFocus.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
20 minutes ago
These tips from experts can help your teenager navigate AI companions
As artificial intelligence technology becomes part of daily life, adolescents are turning to chatbots for advice, guidance and conversation. The appeal is clear: Chatbots are patient, never judgmental, supportive and always available. That worries experts who say the booming AI industry is largely unregulated and that many parents have no idea about how their kids are using AI tools or the extent of personal information they are sharing with chatbots. New research shows more than 70% of American teenagers have used AI companions and more than half converse with them regularly. The study by Common Sense Media focused on 'AI companions,' like Character. AI, Nomi and Replika, which it defines as 'digital friends or characters you can text or talk with whenever you want,' versus AI assistants or tools like ChatGPT, though it notes they can be used the same way. It's important that parents understand the technology. Experts suggest some things parents can do to help protect their kids: — Start a conversation, without judgment, says Michael Robb, head researcher at Common Sense Media. Approach your teen with curiosity and basic questions: 'Have you heard of AI companions?' 'Do you use apps that talk to you like a friend?' Listen and understand what appeals to your teen before being dismissive or saying you're worried about it. — Help teens recognize that AI companions are programmed to be agreeable and validating. Explain that's not how real relationships work and that real friends with their own points of view can help navigate difficult situations in ways that AI companions cannot. 'One of the things that's really concerning is not only what's happening on screen but how much time it's taking kids away from relationships in real life,' says Mitch Prinstein, chief of psychology at the American Psychological Association. 'We need to teach kids that this is a form of entertainment. It's not real, and it's really important they distinguish it from reality and should not have it replace relationships in your actual life.' The APA recently put out a health advisory on AI and adolescent well-being, and tips for parents. — Parents should watch for signs of unhealthy attachments. 'If your teen is preferring AI interactions over real relationships or spending hours talking to AI companions, or showing that they are becoming emotionally distressed when separated from them — those are patterns that suggest AI companions might be replacing rather than complementing human connection,' Robb says. — Parents can set rules about AI use, just like they do for screen time and social media. Have discussions about when and how AI tools can and cannot be used. Many AI companions are designed for adult use and can mimic romantic, intimate and role-playing scenarios. While AI companions may feel supportive, children should understand the tools are not equipped to handle a real crisis or provide genuine mental health support. If kids are struggling with depression, anxiety, loneliness, an eating disorder or other mental health challenges, they need human support — whether it is family, friends or a mental health professional. — Get informed. The more parents know about AI, the better. 'I don't think people quite get what AI can do, how many teens are using it and why it's starting to get a little scary,' says Prinstein, one of many experts calling for regulations to ensure safety guardrails for children. 'A lot of us throw our hands up and say, 'I don't know what this is!' This sounds crazy!' Unfortunately, that tells kids if you have a problem with this, don't come to me because I am going to diminish it and belittle it.' Older teenagers have advice, too, for parents and kids. Banning AI tools is not a solution because the technology is becoming ubiquitous, says Ganesh Nair, 18. 'Trying not to use AI is like trying to not use social media today. It is too ingrained in everything we do,' says Nair, who is trying to step back from using AI companions after seeing them affect real-life friendships in his high school. 'The best way you can try to regulate it is to embrace being challenged.' 'Anything that is difficult, AI can make easy. But that is a problem,' says Nair. 'Actively seek out challenges, whether academic or personal. If you fall for the idea that easier is better, then you are the most vulnerable to being absorbed into this newly artificial world.' The Associated Press' education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at
Yahoo
29 minutes ago
- Yahoo
Clorox Earnings Preview: What to Expect
Oakland, California-based The Clorox Company (CLX) manufactures and markets consumer and professional products. It operates through Health and Wellness, Household, Lifestyle, and International segments. With a market cap of $15.6 billion, Clorox's portfolio consists of diverse brands sold in more than 100 countries and nearly every region of the world. The company is expected to release its Q4 results after the market closes on Thursday, Jul. 31. Ahead of the event, analysts expect CLX to report an EPS of $2.24, up an impressive 23.1% from $1.82 reported in the year-ago quarter. While the company has missed Street's bottom-line estimates once over the past four quarters, it has surpassed the projections on three other occasions. More News from Barchart Opendoor Stock Is Surging Higher in a Frenzied Retail Rally. How Should You Play OPEN Shares Here? Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer Analysts Are Cutting Their Price Targets for UnitedHealth Stock Before Q2 Earnings. Is It Time to Ditch Shares? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full fiscal 2025, its EPS is expected to come in at $7.08, marking a solid 14.8% growth from $6.17 in fiscal 2024. But in fiscal 2026, its earnings are expected to plunge 8.6% year-over-year to $6.47 per share. CLX stock prices have dipped 2.4% over the past 52 weeks, notably underperforming the S&P 500 Index's ($SPX) 13.4% returns and the Consumer Staples Select Sector SPDR Fund's (XLP) 4.5% uptick during the same time frame. CLX stock prices dropped 2.4% in the trading session after the release of its disappointing Q3 results on May 5. Due to an unfavorable price mix, the company's organic sales dropped by 2% year-over-year. Further, its overall sales dropped 8.1% year-over-year to $1.7 billion due to divestitures of the VMS and Argentina businesses. This figure missed consensus estimates by a large margin. Moreover, its adjusted EPS plunged 15.2% year-over-year to $1.45, missing the consensus estimates by 7.6%, breaking its 10 quarters long streak of positive earnings surprises. CLX stock maintains a consensus 'Hold' rating overall, as analysts remain cautious about its prospects. Of the 18 analysts covering the stock, opinions include only one 'Strong Buy,' 13 'Holds,' and four 'Strong Sell' ratings. As of writing, the stock is trading slightly below its mean price target of $134.69. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
Yahoo
29 minutes ago
- Yahoo
Trump says Japan, US to form LNG joint venture
By Yuka Obayashi and Katya Golubkova TOKYO (Reuters) -U.S. President Donald Trump said on Tuesday that Japan will form a joint venture to develop a liquefied natural gas project in Alaska though a Japanese government official said he was not aware of such plans. It was not immediately clear whether Trump was referring specifically to the proposed $44 billion Alaska LNG project. That project would consist of an 800-mile (1,300-km) pipeline carrying gas to a planned liquefaction plant for export. Trump's announcement of the venture came in comments to lawmakers at the White House where he discussed his trade deal with Japan. "We concluded the one deal ... and now we're going to conclude another one because they're forming a joint venture with us at, in Alaska, as you know, for the LNG," Trump told the lawmakers. "They're all set to make that deal now." The METI official, who oversees resource development, said the agency is working to confirm Trump's comments. Several companies from Japan have expressed an interest in buying LNG from the project, along with Thailand's PTT and India's GAIL. JERA and Tokyo Gas, Japan's two biggest LNG buyers, have expressed their interest in the Alaska LNG project but said they would need to assess specific conditions, including costs, before moving forward. But when asked about the joint venture mentioned by Trump, a JERA spokesperson said they could not confirm it. A Tokyo Gas spokesperson declined to comment, saying the company is not involved in a joint venture for LNG in Alaska and is not familiar with the details. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
