Why Is Phoenix Asia Stock Gaining Today?

Shares of Phoenix Asia Holdings Limited Ordinary Shares (NASDAQ:PHOE) are trading higher by 0.19% on Thursday as the company is entering into a stock acquisition agreement with ACEA Therapeutics, Inc. This move comes during a mixed market day, with the Nasdaq up 0.57%...

Arm’s AI Party Hits A Supply Wall, Stock Falls

Arm Holdings plc (NASDAQ:ARM) shares fell on Thursday after giving up early gains as the company flagged supply constraints for its new AI chips and warned about potential weakness in the smartphone market, even after topping fiscal fourth-quarter earnings...