CNBC Investing Club Portfolio Climbs as Arm Soars 97.9% and Meta Drops 9.5% in 6 Weeks
Updated
Updated · CNBC · May 27
CNBC Investing Club Portfolio Climbs as Arm Soars 97.9% and Meta Drops 9.5% in 6 Weeks
2 articles · Updated · CNBC · May 27
Since the April 16 meeting, the portfolio broadly advanced with only 9 of 33 holdings in the red, while the S&P 500 rose 6.7% and the Nasdaq gained 10.6% through Tuesday.
Arm led winners with a 97.9% surge to a record $321, helped by rising optimism around AI-driven CPU demand and Nvidia's forecast for $20 billion in Arm-based CPU revenue this year.
CrowdStrike rose 60.6% and Palo Alto Networks 53.8% as Wall Street lifted targets on cybersecurity names, though both slipped Wednesday after Zscaler plunged 30% on weak guidance.
Meta fell 9.5% after investors balked at a $10 billion midpoint increase in capital-expenditure guidance, even as the company posted its strongest revenue growth in five years.
Home Depot dropped 7.9% and Capital One 7.1%, showing how high mortgage rates, consumer-health worries and delayed benefits from Capital One's $35 billion Discover deal still weigh on laggards.
With AI now creating exploits in real-time, are cybersecurity stocks overvalued or is a major market correction imminent?
As Meta spends $145 billion on AI, is it building a moat or just funding its competitors' record profits?
After 30 years of only licensing IP, can Arm successfully compete against its own partners by selling its own chips?