Apple Shares Drop Nearly 4% Amid Engineering Setbacks for Foldable iPhone
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2026
0mins
Source: CNBC
- Apple Stock Decline: Apple's shares fell nearly 4% on Tuesday, leading the S&P 500 lower, after Nikkei Asia reported setbacks in the engineering test phase for its planned foldable iPhone, which could adversely affect mass production and product shipments.
- Universal Music Group Surge: Shares of Universal Music Group surged almost 13% after hedge fund investor Bill Ackman's Pershing Square Capital Management offered to acquire the company in a cash and stock deal valued at approximately €55.8 billion ($64.4 billion), significantly boosting market expectations for its future.
- Arm Holdings Downgrade: Arm Holdings' stock dropped over 4% following Morgan Stanley's downgrade from overweight to equal weight, citing that the company's strategic pivot to chips amid the AI boom will take time, and near-term risks like rising R&D costs and DRAM shortages could weigh on the stock.
- Healthcare Stocks Bounce Back: Healthcare stocks rallied as the Center for Medicare & Medicaid Services finalized a payment increase for privately run Medicare Advantage plans, exceeding its initial proposal from January, with UnitedHealth jumping 10% and Humana and CVS Health rising 8% and 7%, respectively.
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Analyst Views on ARM
Wall Street analysts forecast ARM stock price to fall
24 Analyst Rating
19 Buy
4 Hold
1 Sell
Strong Buy
Current: 300.240
Low
120.00
Averages
160.58
High
201.00
Current: 300.240
Low
120.00
Averages
160.58
High
201.00
About ARM
Arm Holdings plc is a United Kingdom-based company. The Company is engaged in the design of central processing units (CPUs) and compute platforms for semiconductor chips. It develops and licenses CPU products and related technology. Its cloud and data center solutions include Arm AGI CPU and Arm Neoverse Compute Subsystems. The Arm Agentic Generalized Infrastructure (AGI) CPU is a production-ready system on a chip (SoC) for artificial intelligence (AI) data centers, delivering compute at scale. The Arm Neoverse Compute Subsystems (CSS) are pre-validated, performance-optimized compute platforms designed to accelerate infrastructure silicon development. The Company's primary markets include smartphone applications, processors and other chips used in mobile phones, consumer electronics, networking equipment, cloud and data center servers, automotive applications, Internet of Things (loT) and other embedded computing devices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Arm Holdings to Report Q1 FY2027 Financial Results on July 29, 2026
- Earnings Release Schedule: Arm Holdings plc will report its financial results for the first quarter of fiscal year 2027 on July 29, 2026, after market close, and will host a conference call at 2:00 PM Pacific Time (5:00 PM Eastern Time / 10:00 PM British Summer Time) to review the results and business outlook.
- Live Webcast Details: The conference call will be available via audio webcast, and investors can access the live stream through the provided link, with a replay available on the company’s website for four weeks post-event, ensuring that key information is accessible to all stakeholders.
- AI Platform Foundation: Arm is recognized as the foundational platform for AI, delivering power-efficient, high-performance computing that reaches 100% of the connected global population, addressing the insatiable demand for compute and enabling leading technology companies to design and deploy AI solutions at scale.
- Developer Ecosystem: With over 22 million developers, Arm boasts the world’s largest computing ecosystem, collaboratively building the future of AI on the Arm platform, highlighting its strong potential in technological innovation and market leadership.
See More
Arm Holdings Shares Surge 224.4% Amid AI Boom
- Stock Surge: According to S&P Global Market Intelligence, Arm Holdings' stock skyrocketed 224.4% in the first half of 2026, reflecting strong investor confidence in its future growth, particularly in the artificial intelligence sector.
- Market Value Growth: As of July 9, 2026, Arm's market capitalization reached $350 billion, making it the 40th largest company globally, underscoring its significant position and influence in the global computer chip market.
- Revenue Projections: Arm reported $4.92 billion in revenue for 2026, with projections to grow to $25 billion by 2031, primarily driven by the new AGI CPU, which will significantly enhance the company's profitability and competitive edge.
- Investor Caution: Despite Arm's substantial growth potential, management projects earnings per share of $9 by 2031, leading to a price-to-earnings ratio exceeding 36 at the current stock price, suggesting that investors should be cautious about buying the stock at this time.
See More
Arm Holdings Benefits from AI Boom Pivot to CPUs
- Stock Surge: Arm Holdings' shares skyrocketed 224.4% in the first half of 2026, elevating its market cap to $350 billion and making it the 40th largest company globally, reflecting strong market expectations for future growth.
- Revenue Growth Potential: In 2026, Arm reported $4.92 billion in revenue, with projections to reach $25 billion by 2031, primarily driven by its newly designed AGI CPU, indicating robust growth potential in the AI sector.
- Surging Market Demand: As companies like Meta and Amazon adopt Arm's CPU architectures, its influence in the AI infrastructure market is rapidly expanding, further driving investor demand for its stock.
- Investor Caution: Despite optimistic growth prospects, with management projecting $9 in earnings per share by 2031, the current stock price of $334 results in a price-to-earnings ratio exceeding 36, prompting investors to consider their entry points carefully.
See More
U.S. Stocks Close Higher Led by Chipmakers Amid Strong Investor Demand
- Chipmaker Rally: The U.S. stock market saw a boost as chipmakers surged, driven by SK Hynix's ADRs being oversubscribed by more than seven times, indicating strong investor demand and enhancing overall market sentiment.
- Optimistic Market Sentiment: Despite escalating tensions in the Middle East, stocks rose, reflecting investor confidence in robust Q2 earnings forecasts, which are expected to increase by 23%, close to Q1's impressive 30% growth.
- Strong Labor Market: Weekly initial unemployment claims unexpectedly fell to 215,000, indicating a resilient labor market that further supports the upward trend in stock prices amid economic uncertainties.
- Airline Stocks Benefit from Oil Price Drop: Airline and cruise line stocks rallied as WTI crude oil prices fell over 1%, showcasing the market's sensitivity to fluctuations in energy prices and their impact on operational costs.
See More
US Stocks Rise, Led by Chipmakers Amid Strong Investor Demand
- Chipmaker Surge: SK Hynix's American depositary receipts (ADRs) were oversubscribed by more than seven times, raising approximately $24.5 billion, making it the second-largest foreign company offering, indicating strong investor demand and driving overall market gains.
- Positive Labor Market Signals: Weekly initial unemployment claims unexpectedly fell by 2,000 to 215,000, marking a six-week low, which suggests a robust labor market and enhances market confidence in economic recovery, potentially influencing Fed policy.
- Optimistic Q2 Earnings Outlook: Bloomberg Intelligence forecasts a 23% increase in Q2 earnings, close to Q1's 30% growth, primarily driven by AI infrastructure stocks, reflecting sustained market confidence in technology sectors.
- International Market Recovery: The Euro Stoxx 50 rose by 1.10%, China's Shanghai Composite increased by 1.65%, and Japan's Nikkei 225 climbed by 1.38%, indicating global market optimism regarding the US economic recovery, further supporting US stock gains.
See More
US Stocks Rise, Driven by Strong Chipmaker Performance
- Chipmaker Surge: South Korea's SK Hynix saw its American depositary receipts (ADRs) oversubscribed by over seven times, raising approximately $24.5 billion, making it the second-largest foreign company offering, which signals strong investor demand and boosts overall market performance.
- Positive Labor Market Signals: Initial jobless claims in the US unexpectedly fell by 2,000 to 215,000, marking a six-week low, indicating a robust labor market that enhances market confidence in future economic growth and may influence Federal Reserve policy.
- Optimistic Q2 Earnings Outlook: Bloomberg Intelligence forecasts a 23% increase in Q2 earnings, close to Q1's 30% growth, primarily driven by AI infrastructure spending expected to contribute nearly 60% to S&P 500 earnings-per-share growth, providing a positive outlook for investors.
- Escalating Geopolitical Risks: Despite rising tensions in the Middle East with ongoing US military strikes against Iran, the market continues to rise, reflecting investor confidence in economic fundamentals, although this situation may impact energy supplies and market volatility.
See More
Arm Holdings to Report Q1 FY2027 Financial Results on July 29, 2026
- Earnings Release Schedule: Arm Holdings plc will report its financial results for the first quarter of fiscal year 2027 on July 29, 2026, after market close, and will host a conference call at 2:00 PM Pacific Time (5:00 PM Eastern Time / 10:00 PM British Summer Time) to review the results and business outlook.
- Live Webcast Details: The conference call will be available via audio webcast, and investors can access the live stream through the provided link, with a replay available on the company’s website for four weeks post-event, ensuring that key information is accessible to all stakeholders.
- AI Platform Foundation: Arm is recognized as the foundational platform for AI, delivering power-efficient, high-performance computing that reaches 100% of the connected global population, addressing the insatiable demand for compute and enabling leading technology companies to design and deploy AI solutions at scale.
- Developer Ecosystem: With over 22 million developers, Arm boasts the world’s largest computing ecosystem, collaboratively building the future of AI on the Arm platform, highlighting its strong potential in technological innovation and market leadership.
See More
Arm Holdings Shares Surge 224.4% Amid AI Boom
- Stock Surge: According to S&P Global Market Intelligence, Arm Holdings' stock skyrocketed 224.4% in the first half of 2026, reflecting strong investor confidence in its future growth, particularly in the artificial intelligence sector.
- Market Value Growth: As of July 9, 2026, Arm's market capitalization reached $350 billion, making it the 40th largest company globally, underscoring its significant position and influence in the global computer chip market.
- Revenue Projections: Arm reported $4.92 billion in revenue for 2026, with projections to grow to $25 billion by 2031, primarily driven by the new AGI CPU, which will significantly enhance the company's profitability and competitive edge.
- Investor Caution: Despite Arm's substantial growth potential, management projects earnings per share of $9 by 2031, leading to a price-to-earnings ratio exceeding 36 at the current stock price, suggesting that investors should be cautious about buying the stock at this time.
See More
Arm Holdings Benefits from AI Boom Pivot to CPUs
- Stock Surge: Arm Holdings' shares skyrocketed 224.4% in the first half of 2026, elevating its market cap to $350 billion and making it the 40th largest company globally, reflecting strong market expectations for future growth.
- Revenue Growth Potential: In 2026, Arm reported $4.92 billion in revenue, with projections to reach $25 billion by 2031, primarily driven by its newly designed AGI CPU, indicating robust growth potential in the AI sector.
- Surging Market Demand: As companies like Meta and Amazon adopt Arm's CPU architectures, its influence in the AI infrastructure market is rapidly expanding, further driving investor demand for its stock.
- Investor Caution: Despite optimistic growth prospects, with management projecting $9 in earnings per share by 2031, the current stock price of $334 results in a price-to-earnings ratio exceeding 36, prompting investors to consider their entry points carefully.
See More
U.S. Stocks Close Higher Led by Chipmakers Amid Strong Investor Demand
- Chipmaker Rally: The U.S. stock market saw a boost as chipmakers surged, driven by SK Hynix's ADRs being oversubscribed by more than seven times, indicating strong investor demand and enhancing overall market sentiment.
- Optimistic Market Sentiment: Despite escalating tensions in the Middle East, stocks rose, reflecting investor confidence in robust Q2 earnings forecasts, which are expected to increase by 23%, close to Q1's impressive 30% growth.
- Strong Labor Market: Weekly initial unemployment claims unexpectedly fell to 215,000, indicating a resilient labor market that further supports the upward trend in stock prices amid economic uncertainties.
- Airline Stocks Benefit from Oil Price Drop: Airline and cruise line stocks rallied as WTI crude oil prices fell over 1%, showcasing the market's sensitivity to fluctuations in energy prices and their impact on operational costs.
See More
US Stocks Rise, Led by Chipmakers Amid Strong Investor Demand
- Chipmaker Surge: SK Hynix's American depositary receipts (ADRs) were oversubscribed by more than seven times, raising approximately $24.5 billion, making it the second-largest foreign company offering, indicating strong investor demand and driving overall market gains.
- Positive Labor Market Signals: Weekly initial unemployment claims unexpectedly fell by 2,000 to 215,000, marking a six-week low, which suggests a robust labor market and enhances market confidence in economic recovery, potentially influencing Fed policy.
- Optimistic Q2 Earnings Outlook: Bloomberg Intelligence forecasts a 23% increase in Q2 earnings, close to Q1's 30% growth, primarily driven by AI infrastructure stocks, reflecting sustained market confidence in technology sectors.
- International Market Recovery: The Euro Stoxx 50 rose by 1.10%, China's Shanghai Composite increased by 1.65%, and Japan's Nikkei 225 climbed by 1.38%, indicating global market optimism regarding the US economic recovery, further supporting US stock gains.
See More
US Stocks Rise, Driven by Strong Chipmaker Performance
- Chipmaker Surge: South Korea's SK Hynix saw its American depositary receipts (ADRs) oversubscribed by over seven times, raising approximately $24.5 billion, making it the second-largest foreign company offering, which signals strong investor demand and boosts overall market performance.
- Positive Labor Market Signals: Initial jobless claims in the US unexpectedly fell by 2,000 to 215,000, marking a six-week low, indicating a robust labor market that enhances market confidence in future economic growth and may influence Federal Reserve policy.
- Optimistic Q2 Earnings Outlook: Bloomberg Intelligence forecasts a 23% increase in Q2 earnings, close to Q1's 30% growth, primarily driven by AI infrastructure spending expected to contribute nearly 60% to S&P 500 earnings-per-share growth, providing a positive outlook for investors.
- Escalating Geopolitical Risks: Despite rising tensions in the Middle East with ongoing US military strikes against Iran, the market continues to rise, reflecting investor confidence in economic fundamentals, although this situation may impact energy supplies and market volatility.
See More
