"Arm Stock Skyrockets, SoftBank Rides the Rally"

1 min read
Source: Investor's Business Daily
"Arm Stock Skyrockets, SoftBank Rides the Rally"
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures were little changed ahead of Tuesday's stock market open, with Arm stock rocketing as much as 42% to new highs and artificial intelligence stock Arista Networks diving on earnings results after the close. Meanwhile, Cadence Design Systems stock tumbled around 6% in extended trade, and the stock market saw mixed performance on Monday, with the Dow Jones Industrial Average moving up 0.3% and the S&P 500 slipping 0.1%. Additionally, Lennar, MongoDB, Samsara, and UiPath were among the best stocks to buy and watch in the current market rally, while Dow Jones tech icons Apple and Microsoft traded lower.

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