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Arm Holdings stock dropped after Morgan Stanley downgraded it.
Arm Holdings stock dropped 4.75% on Tuesday after Morgan Stanley downgraded the stock to Equal-Weight, citing execution risks.
Analysts highlighted a strategic shift into chip development, forecasting chip revenue of $1.2 billion by fiscal 2028, though they warned of slow scaling and rising costs.
Investors are also concerned about Apple's foldable iPhone delays, which pushed the tech giant's stock down 4.4% despite strong financial results.
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Las acciones de Arm Holdings bajaron después de que Morgan Stanley las rebajara.