Arm Holdings plc (ARM) is set to join the Nasdaq-100 index, replacing Sirius XM Holdings Inc. (SIRI) before trading on June 24, 2024. This inclusion has led to a significant increase in ARM's stock price, which has reached an all-time high of $158. ARM's market capitalization has surged to $175 billion, a substantial rise from the $32 billion SoftBank paid for the company in 2016. SoftBank still owns 90% of ARM. The company's shares have risen 22% this week alone, driven by strong market performance and anticipation of forced index buying. ARM will also join several other Nasdaq indexes, including the Nasdaq-100 Equal Weighted Index, the Nasdaq-100 Tech Sector Index, and the Nasdaq-100 Technology Sector Market-Cap Weighted Index.
$NVDA is just silly here. At some point the consumer needs to be a customer directly or a customer of something the big tech cos are doing with these chips. And that revenue needs to be massive at 3.2T. We are assuming 10000 bucks in NPV per person in the US basically.
Arm Holdings plc $ARM to join the Nasdaq-100 index https://t.co/CfarjB4KTv https://t.co/L24fcERg4p
Looking accurate $ARM now worth $175 Billion https://t.co/smorr6kh7O
$ARM all time highs https://t.co/YVouo1rGUl
$ARM All Time Highs and Relative Strength today as it joining the Nasdaq-100 index Arm will also join the Nasdaq-100 Equal Weighted Index, the Nasdaq-100 Tech Sector Index, the Nasdaq-100 Technology Sector Market-Cap Weighted Index, and the Nasdaq-100 Technology Sector Adjusted…
forget about $NVDA -- $ARM is +22% <this week> https://t.co/oTlo5whC0W
Its all about options flows as usual and $NVDA likely holds up into June OPEX where a lot of huge positive call gamma expires, then could retrace some. Its wild that NVDA has more gamma expiring next week then SPY it seems
$NVDA buyers in Jan $250 calls this morning 7000X lol 1.60 to 1.90
$ARM all time high. Massive run the last 2 months. Following $NVDA. https://t.co/9J1PFP0IrG
$ARM | Arm Holdings shares are trading higher after it was announced that the company will join the Nasdaq-100 Index starting June 24, 2024.
US-LISTED SHARES OF ARM HOLDINGS RISE 2.8% AFTER CO TO JOIN NASDAQ 100 INDEX ADOBE SHARES RISE 16% AFTER CO RAISES ANNUAL REVENUE FORECAST
$ARM new all time highs with the Nazz index addition
$ARM (+0.4% pre) Arm Holdings plc (ARM) to join the Nasdaq-100 index - SI https://t.co/6cetxxsTvc
$ARM new ath today off the Nasdaq-100 inclusion news…? https://t.co/oW5IBFTdon
$ARM to replace $SIRI Sirius XM in the Nasdaq 100 and other Nasdaq indexes before trading on June 24th. Nasdaq didn't specify a reason, but Barron's reported that Sirius XM could be dropped due to its market value falling below 0.1% of the Nasdaq 100's total market…
$ARM Arm to join Nasdaq-100 index, replacing Sirius XM Had a feeling it was super strong for a reason the past two months!
Arm Holdings to Replace Sirius XM in Nasdaq 100 Index https://t.co/EzKb9Q46Ek
$ARM shorts seeing the NASDAQ 100 inclusion news https://t.co/p9ykJb7uMs
Arm Holdings $ARM set to Join NASDAQ 100 great timing for Masa and Softbank https://t.co/5oIjv1Ai7Q
Let’s go! Forced index buying coming to $ARM! Will join the NASDAQ 100, replacing $SIRI https://t.co/4w4hOFMccs https://t.co/gOJfaqsXVG
$ARM +10% to $158 $166 Billion market cap SoftBank bought for $32 Billion in 2016 Still owns 90% https://t.co/wDTElaU9mc
$ARM on track for an all time closing high