Arm Holdings and Others Reach New 52-Week Highs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2026
0mins
Source: stocktwits
- Arm Holdings Surge: Arm Holdings shares climbed for the third consecutive day, reaching a 52-week high of $259.44 on Wednesday, driven by bullish investor sentiment regarding AI, with analysts projecting the CPU market to grow to $137 billion, indicating strong growth potential.
- Sellas Stock Rise: Sellas Life Sciences surged to a 52-week high of $9.10 as investors await key Phase 3 REGAL trial results for its Galinpepimut-S drug, with the CEO indicating a strong chance of outperforming earlier survival data, potentially improving outcomes for acute myeloid leukemia patients.
- eBay Stock Increase: eBay shares hit a 52-week high of $119.31 in Wednesday's trading after GameStop increased its stake to about 6.5%, enhancing market confidence in eBay, despite retail sentiment remaining bearish.
- Market Sentiment Shift: Arm Holdings stock has risen over 123% this year, while Sellas shares have more than doubled in 2026, reflecting strong investor confidence in these companies and indicating positive market expectations for the AI and biopharmaceutical sectors.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ARM?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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: 335.270
Low
120.00
Averages
160.58
High
201.00
Current: 335.270
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.
Market Dynamics and Corporate Performance Analysis
- Dell's Quarter Performance: Dell reported a quarter that exceeded expectations, with shares rising over 30%, indicating strong performance across all business levels, particularly in data center servers, which is expected to boost overall market confidence.
- Costco Membership Renewal Rates Up: Costco's latest earnings report showed improved membership renewal rates in the U.S. and Canada; although market reaction was muted, record performance in its gas business is likely to enhance membership loyalty and solidify its market position.
- Anthropic Surpasses OpenAI: Anthropic raised $65 billion at a $965 billion valuation, becoming the most valuable AI startup, a significant increase from $380 billion in February, showcasing explosive revenue growth and wealth creation potential in the AI sector.
- Cybersecurity Market Volatility: Okta beat expectations in its earnings report, with shares rising over 8%, while Zscaler's stock fell due to disappointing guidance, highlighting a divergence in the cybersecurity industry that affected the performance of other companies, including CrowdStrike.
See More
Apple's Stock Rises for Nine Weeks, Dell Surprises with Earnings
- Apple's Stock Performance: Apple shares have risen for nine consecutive weeks, gaining over 15% in the past month and approximately 24% since March 16, indicating strong market demand and investor confidence.
- Dell's Earnings Surprise: Dell reported an 88% year-over-year revenue growth in its Thursday evening earnings release, with shares soaring nearly 40% in after-hours trading and a total increase of 111% over the past month, showcasing its robust market performance and competitiveness.
- Semiconductor Sector Strength: The VanEck Semiconductor ETF rose 18% in May and has gained 47% over the past three months, with Astera Labs and Micron surging nearly 80% and 78% respectively, reflecting a recovery in the semiconductor industry and investor optimism.
- Nike's Stock Volatility: Nike shares increased by 3% on Thursday and are up nearly 7% in May, yet they are down 40% from the August 2025 high, making it one of the worst performers in the Dow, highlighting market concerns about its future growth.
See More
US Stocks Close Higher, Nasdaq Hits All-Time High
- Market Recovery: The S&P 500 rose by 0.58% and the Nasdaq 100 climbed 0.84%, reaching all-time highs, reflecting market optimism following the US-Iran ceasefire agreement, which may promote economic stability.
- Economic Data Impact: The US April core PCE price index increased by 3.3% year-on-year, meeting expectations, but the unexpected 1.1% decline in April capital goods orders indicates economic recovery fragility, potentially influencing the Fed's monetary policy decisions.
- Rising Unemployment Claims: Initial jobless claims in the US rose by 5,000 to 215,000, exceeding expectations, reflecting weakness in the labor market, which may heighten investor concerns about the economic outlook.
- Earnings Season Insights: As of Thursday, 83% of the 482 S&P 500 companies reported earnings above estimates, with Q1 earnings projected to grow by 12% year-on-year, demonstrating corporate resilience despite a slowdown in the tech sector.
See More
Druckenmiller Sells Alphabet, Shifts to AI Hardware Investments
- Portfolio Shift: Stanley Druckenmiller's Duquesne Family Office completely sold its shares in Alphabet according to the latest quarterly filing, indicating a clear departure from a market favorite and reflecting increased confidence in AI hardware investments.
- New Investment Focus: He established new positions in AI hardware companies like Sandisk, Micron, and Seagate, particularly in the memory and storage sector, benefiting from surging demand in AI data centers, with Sandisk's Q3 revenue tripling year-over-year to $5.95 billion.
- Custom Silicon Investments: Druckenmiller also invested in Broadcom and Arm Holdings, with the former's AI revenue soaring 106% year-over-year to $8.4 billion, indicating strong demand for custom accelerators from cloud companies and suggesting a bullish outlook for AI hardware.
- Market Risk Warning: While Druckenmiller's investment strategy appears successful, the cyclical nature of the memory and storage industry poses risks at current high valuations, especially as Alphabet continues to report a 22% revenue growth post-sale, highlighting its ongoing business strength.
See More
Druckenmiller's Family Office Exits Alphabet Stake
- Complete Exit from Alphabet: Druckenmiller's family office fully exited its Alphabet stake in Q1, despite the company reporting a 22% year-over-year revenue increase to $109.9 billion, indicating concerns over market valuations and potential overexposure.
- Reduced Amazon Holdings: The office also significantly cut its Amazon position, reallocating funds into memory, storage, and custom silicon companies tied to AI infrastructure, reflecting a strategic pivot towards future technology trends.
- New Investment Focus: Druckenmiller established new positions in flash memory, memory chip, and hard drive manufacturers, including Sandisk, Micron, and Seagate, with Sandisk's revenue tripling year-over-year, highlighting strong demand driven by AI data centers.
- Custom Silicon Chip Investments: Additionally, he invested in Broadcom and Arm Holdings, with Broadcom's AI revenue soaring 106% year-over-year to $8.4 billion, indicating rapid growth in demand for custom chips, although the cyclical nature of these investments may impact future profitability.
See More
Microsoft's Stock Surge Leads Market Rally Amid Geopolitical Tensions
- Market Rally: Despite escalating military conflict in the Middle East, Wall Street showed resilience on Wednesday, with the Nasdaq Composite rising 0.8% and the S&P 500 gaining 0.6%, indicating investors' focus on fundamental business developments.
- Microsoft's Strong Performance: Microsoft's stock surged 3.4%, adding approximately $107 billion to its market capitalization, making it a key driver of the gains in both the S&P 500 and Nasdaq, reflecting optimism surrounding its AI infrastructure.
- Pentagon Contract Boost: Dell Technologies secured a $9.7 billion five-year contract to consolidate Microsoft software licenses for the U.S. military, expected to generate substantial recurring revenue for Microsoft and strengthen its market position.
- Market Sentiment Analysis: Despite ongoing military tensions between Iran and the U.S., investor reactions to geopolitical risks have softened, highlighting confidence in corporate fundamentals and underscoring the importance of maintaining a diversified investment strategy amid uncertainty.
See More
Market Dynamics and Corporate Performance Analysis
- Dell's Quarter Performance: Dell reported a quarter that exceeded expectations, with shares rising over 30%, indicating strong performance across all business levels, particularly in data center servers, which is expected to boost overall market confidence.
- Costco Membership Renewal Rates Up: Costco's latest earnings report showed improved membership renewal rates in the U.S. and Canada; although market reaction was muted, record performance in its gas business is likely to enhance membership loyalty and solidify its market position.
- Anthropic Surpasses OpenAI: Anthropic raised $65 billion at a $965 billion valuation, becoming the most valuable AI startup, a significant increase from $380 billion in February, showcasing explosive revenue growth and wealth creation potential in the AI sector.
- Cybersecurity Market Volatility: Okta beat expectations in its earnings report, with shares rising over 8%, while Zscaler's stock fell due to disappointing guidance, highlighting a divergence in the cybersecurity industry that affected the performance of other companies, including CrowdStrike.
See More
Apple's Stock Rises for Nine Weeks, Dell Surprises with Earnings
- Apple's Stock Performance: Apple shares have risen for nine consecutive weeks, gaining over 15% in the past month and approximately 24% since March 16, indicating strong market demand and investor confidence.
- Dell's Earnings Surprise: Dell reported an 88% year-over-year revenue growth in its Thursday evening earnings release, with shares soaring nearly 40% in after-hours trading and a total increase of 111% over the past month, showcasing its robust market performance and competitiveness.
- Semiconductor Sector Strength: The VanEck Semiconductor ETF rose 18% in May and has gained 47% over the past three months, with Astera Labs and Micron surging nearly 80% and 78% respectively, reflecting a recovery in the semiconductor industry and investor optimism.
- Nike's Stock Volatility: Nike shares increased by 3% on Thursday and are up nearly 7% in May, yet they are down 40% from the August 2025 high, making it one of the worst performers in the Dow, highlighting market concerns about its future growth.
See More
US Stocks Close Higher, Nasdaq Hits All-Time High
- Market Recovery: The S&P 500 rose by 0.58% and the Nasdaq 100 climbed 0.84%, reaching all-time highs, reflecting market optimism following the US-Iran ceasefire agreement, which may promote economic stability.
- Economic Data Impact: The US April core PCE price index increased by 3.3% year-on-year, meeting expectations, but the unexpected 1.1% decline in April capital goods orders indicates economic recovery fragility, potentially influencing the Fed's monetary policy decisions.
- Rising Unemployment Claims: Initial jobless claims in the US rose by 5,000 to 215,000, exceeding expectations, reflecting weakness in the labor market, which may heighten investor concerns about the economic outlook.
- Earnings Season Insights: As of Thursday, 83% of the 482 S&P 500 companies reported earnings above estimates, with Q1 earnings projected to grow by 12% year-on-year, demonstrating corporate resilience despite a slowdown in the tech sector.
See More
Druckenmiller Sells Alphabet, Shifts to AI Hardware Investments
- Portfolio Shift: Stanley Druckenmiller's Duquesne Family Office completely sold its shares in Alphabet according to the latest quarterly filing, indicating a clear departure from a market favorite and reflecting increased confidence in AI hardware investments.
- New Investment Focus: He established new positions in AI hardware companies like Sandisk, Micron, and Seagate, particularly in the memory and storage sector, benefiting from surging demand in AI data centers, with Sandisk's Q3 revenue tripling year-over-year to $5.95 billion.
- Custom Silicon Investments: Druckenmiller also invested in Broadcom and Arm Holdings, with the former's AI revenue soaring 106% year-over-year to $8.4 billion, indicating strong demand for custom accelerators from cloud companies and suggesting a bullish outlook for AI hardware.
- Market Risk Warning: While Druckenmiller's investment strategy appears successful, the cyclical nature of the memory and storage industry poses risks at current high valuations, especially as Alphabet continues to report a 22% revenue growth post-sale, highlighting its ongoing business strength.
See More
Druckenmiller's Family Office Exits Alphabet Stake
- Complete Exit from Alphabet: Druckenmiller's family office fully exited its Alphabet stake in Q1, despite the company reporting a 22% year-over-year revenue increase to $109.9 billion, indicating concerns over market valuations and potential overexposure.
- Reduced Amazon Holdings: The office also significantly cut its Amazon position, reallocating funds into memory, storage, and custom silicon companies tied to AI infrastructure, reflecting a strategic pivot towards future technology trends.
- New Investment Focus: Druckenmiller established new positions in flash memory, memory chip, and hard drive manufacturers, including Sandisk, Micron, and Seagate, with Sandisk's revenue tripling year-over-year, highlighting strong demand driven by AI data centers.
- Custom Silicon Chip Investments: Additionally, he invested in Broadcom and Arm Holdings, with Broadcom's AI revenue soaring 106% year-over-year to $8.4 billion, indicating rapid growth in demand for custom chips, although the cyclical nature of these investments may impact future profitability.
See More
Microsoft's Stock Surge Leads Market Rally Amid Geopolitical Tensions
- Market Rally: Despite escalating military conflict in the Middle East, Wall Street showed resilience on Wednesday, with the Nasdaq Composite rising 0.8% and the S&P 500 gaining 0.6%, indicating investors' focus on fundamental business developments.
- Microsoft's Strong Performance: Microsoft's stock surged 3.4%, adding approximately $107 billion to its market capitalization, making it a key driver of the gains in both the S&P 500 and Nasdaq, reflecting optimism surrounding its AI infrastructure.
- Pentagon Contract Boost: Dell Technologies secured a $9.7 billion five-year contract to consolidate Microsoft software licenses for the U.S. military, expected to generate substantial recurring revenue for Microsoft and strengthen its market position.
- Market Sentiment Analysis: Despite ongoing military tensions between Iran and the U.S., investor reactions to geopolitical risks have softened, highlighting confidence in corporate fundamentals and underscoring the importance of maintaining a diversified investment strategy amid uncertainty.
See More
