ARB IOT Group Ltd

0.9700

+0.201026.14%

Post-market: 0.9600-0.0100-1.03%19:59 EST

Volume:20.70M

Turnover:21.52M

Market Cap:25.64M

PE:-2.20

High:1.24

Open:0.7300

Low:0.7300

Close:0.7690

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News

ARB IOT Group Limited (ARBB) Secures $45M AI Server Deal to Expand in Data Center Market

Insider Monkey

08 Mar

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Consequently, the firm has raised its 12-month target for MSCI Emerging Markets Index by 3%, reaching 1,220 from 1,190, and reflecting an 11% potential upside from current levels. This increase reflects the impact of AI adoption on valuations through earnings, multiples and portfolio flows.The firm further noted that China’s stock market rally has the potential to boost emerging markets that are linked to China but have been lagging previously. This could also be supported by a stimulus-driven catch-up in A-shares. In this regard, the firm said that the recent fiscal stimulus announced at China’s “Two Sessions” meeting is anticipated to stabilize growth and improve market confidence, Reuters noted.READ ALSO: 10 High-Potential AI Stocks to Watch Right Now and 12 AI Stocks Making Headlines: Latest News and Ratings. With regard to the AI arms race, another region aiming to address the c","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/arb-iot-group-limited-arbb-001137194.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ARB","BK4585","IOT","ARBB","BK4588","BK4023","BK4613","BK4134"],"gpt_icon":0},{"id":"2517902465","title":"ARB IOT GROUP LIMITED EXPANDS AI FOOTPRINT INTO EAST MALAYSIA","url":"https://stock-news.laohu8.com/highlight/detail?id=2517902465","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517902465?lang=en_us&edition=fundamental","pubTime":"2025-03-08 05:00","pubTimestamp":1741381200,"startTime":"0","endTime":"0","summary":"Kuala Lumpur, Malaysia, March  07, 2025  (GLOBE NEWSWIRE) -- ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) today announced that it has, through its indirect wholly owned subsidiary","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/03/07/3039227/0/en/ARB-IOT-GROUP-LIMITED-EXPANDS-AI-FOOTPRINT-INTO-EAST-MALAYSIA.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["INTO","BK4613","IOT","BK4134","BK4585","ARB","BK4023","BK4588","ARBB"],"gpt_icon":0},{"id":"2517476109","title":"Undervalued Opportunities: 3 Penny Stocks With Market Caps As Low As $10M","url":"https://stock-news.laohu8.com/highlight/detail?id=2517476109","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517476109?lang=en_us&edition=fundamental","pubTime":"2025-03-06 01:04","pubTimestamp":1741194298,"startTime":"0","endTime":"0","summary":"As the U.S. stock market navigates mixed signals from economic data and ongoing trade discussions, investors are increasingly looking for alternative opportunities beyond the major indices. Penny stocks, often representing smaller or newer companies, continue to attract attention due to their affordability and potential for growth. Despite being a term that might seem outdated, penny stocks remain relevant as they can offer hidden value when backed by strong financials.Overview: ARB IOT Group Limited, operating through its subsidiaries, offers Internet of Things  system solutions and integration services in Malaysia, with a market cap of $13.14 million.ARB IOT Group Limited, with a market cap of US$13.14 million, has recently secured significant agreements that could enhance its position in the AI and IoT sectors. The company signed a US$45 million deal to supply AI servers to Gajah Kapitalan Sdn Bhd and is involved in establishing an AI data center experimental lab in collaboration wi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/undervalued-opportunities-3-penny-stocks-170458318.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4213","BK4209","PVL","TTI","SB","BABB","CBAT","BK4134","ARBB","BK4179","BANL","BK4563","PHX","BK4021"],"gpt_icon":1},{"id":"2517391900","title":"Investors Look for Signs of Tariff Easing as US Futures Rise Modestly Pre-Bell","url":"https://stock-news.laohu8.com/highlight/detail?id=2517391900","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517391900?lang=en_us&edition=fundamental","pubTime":"2025-03-05 21:06","pubTimestamp":1741179963,"startTime":"0","endTime":"0","summary":"US stock futures were modestly higher in Wednesday's premarket session as investors watch for any moderation in the US's new policy to levy large tariffs on its trading partners.Traders will also be looking ahead to employment and service sector numbers coming out later in the morning.Dow Jones Industrial Average futures were up 0.2%, S&P 500 futures were gaining 0.3%, and Nasdaq futures were rising 0.5%.Oil prices were moving sharply lower, with front-month global benchmarks Brent crude and West Texas Intermediate crude dropping 1.42% and 1.90% respectively.In equities, shares of ARB IOT Group  soared 73% in Wednesday's premarket session after it said late Tuesday that it has signed an artificial intelligence products supply agreement with Malaysia's Gajah Kapitalan. Chimerix  shares jumped 70% after Jazz Pharmaceuticals  said Wednesday that it has agreed to acquire the biopharmaceutical company for $8.55 per share, or approximately $935 million. 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