Riot Platforms aims to become the largest publicly traded Bitcoin miner by acquiring Bitfarms, expanding its power capacity and geographic reach. ROTH MKM analyst Darren Aftahi reiterated a Buy rating on Riot Platforms with a price forecast of $20.
Arm Holdings' shares are down despite launching Arm Kleidi, a program for accelerating AI, and introducing new products like Arm Compute Subsystems and second-generation GPUs, as its largest market, smartphones, remains a key focus amidst collaborations with Samsung and TSMC.
Walgreens shares decline over 2% as the company announces price reductions on 1,300+ products while reportedly grappling with profit challenges in its healthcare model.