Good morning. Carl Icahn bought the dip in JetBlue. The airline’s stock, which has had a dismal run lately, was up nearly 20 per cent yesterday after the investor announced a big stake. This is the very same Carl Icahn who lost $9bn shorting the market. Stockpicking is hard; short selling is harder. Email us: robert.armstrong@ft.com and ethan.wu@ft.com.
Is Arm really an AI stock?
It’s been a big week for the chip designer Arm Holdings. Since the company’s earnings call last Wednesday, the stock has just about doubled:
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