AMC Entertainment's 10.88% jump to $3.26 was the only double-digit move of the session, and the downside was where the size was: five names finished off more than 6%, led by Arm at -8.48%. Chip and consumer-tech leaders took the brunt of it.
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Chips and hardware took the top five slots at Thursday's close, led by ON Semiconductor's 5.52% gain, while every big decliner but one was a cybersecurity name. Zscaler's 9.88% drop to $193.43 was the worst in the group.
A 7.59% jump to $194.23 is an outsized single day for a $207 billion chipmaker, worth roughly $15 billion in market value. Moves this big rarely stay quiet into the next session, so keep an eye on the stock.
A 5.75% intraday jump to $190.91 is a rare single-session move for a $204 billion chipmaker, adding roughly a Micron-sized slice of value in hours. Whether it holds into the close is the tell.
Bitcoin miners owned Thursday's close, led by Marathon Digital finishing 13.5% higher, with Cipher Mining and Iren both up 7% or more. Large-cap losses ran heavier than usual, with Qualcomm off 5.66% and General Motors down 4.93%.
Qualcomm is down 5.17% to $182.18, a rare single-session drop for a $195 billion chipmaker that usually trades far calmer. The $192 open is now the level bulls need to reclaim.
Tempus AI closed the session up 10.5%, the only double-digit move among 111 tracked names. The downside was deeper and broader: Axon, Cava and Clover Health all gave up more than 9%.
Same $10,000 three years ago: $37,586 in Arm versus $16,682 in Qualcomm. That $20,904 gap is what backing the licensor over the licensee bought you since Arm's 2023 debut.
A 6% intraday jump to $181.07 adds roughly $11 billion to a $193 billion megacap, an outsized single-session move for a chipmaker this size. Whether it holds into the close is the tell.
- BRK.BBerkshire Hathaway Inc. New Common Stock (BRK.B)Buy$1K – $15KAug 7
- CBUBS IRA Account Chubb Limited Common Stock (CB)Sell$15K – $50KAug 19
- IBMUBS Brokerage Account International Business Machines Corporation Common Stock (Partial sell$1K – $15KAug 24
- IBMUBS Brokerage Account International Business Machines Corporation Common Stock (Partial sell$1K – $15KAug 24
- MRKUBS IRA Account Merck & Company, Inc. Common Stock (MRK)Buy$15K – $50KAug 19
- MRKUBS IRA Account Merck & Company, Inc. Common Stock (MRK)Buy$15K – $50KAug 19
- MRNAUBS Brokerage Account Moderna, Inc. - Common Stock (MRNA)Partial sell$1K – $15KAug 19
- MRNAUBS Brokerage Account Moderna, Inc. - Common Stock (MRNA)Buy$1K – $15KAug 19
Salazar rotated out of insurance and legacy tech and into big pharma, with two Merck buys of up to $50,000 each landing the same August day she sold Chubb. The filing also shows private SpaceX shares bought in two separate accounts, a reminder that members are accessing pre-IPO names retail investors cannot touch. Disclosed 33 days after the trades.
QCOM Coverage
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