What happened
Shares of NVIDIA (NASDAQ: NVDA) climbed on Monday after the chipmaker said it would acquire UK-based chip designer Arm Limited from Japanese conglomerate SoftBank (OTC: SFTBF). By the close of trading, Nvidia's stock was up 5.8% after rising as much as 9.5% earlier
U.S. stocks ended sharply higher on Monday as signs of progress in developing a COVID-19 vaccine and a spurt of multibillion-dollar deals lifted investor optimism.
U.S. stocks ended sharply higher on Monday as signs of progress in developing a COVID-19 vaccine and a spurt of multibillion-dollar deals lifted investor optimism.
U.S. stocks were up more than 1% on Monday afternoon as signs of progress in developing a COVID-19 vaccine and a spurt of multibillion-dollar deals lifted investor optimism.
NVIDIA (NASDAQ: NVDA) announced a deal yesterday to buy mobile-chip designer Arm Holdings from SoftBank (OTC: SFTBY) in a cash and stock deal valued at $40 billion. Rumors have swirled in recent weeks that a deal was imminent. NVIDIA said the acquisition would be immediately acc
The stock market rallied on Monday, driven in part by some major tech deals. The Dow Jones Industrial Average (DJINDICES: ^DJI) was up 1.3% just before noon EDT, trailing the other major U.S. stock indices.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
NVIDIA's (NASDAQ: NVDA) gaming segment has posted strong sales results this year, but competition will heat up this fall. New gaming cards and game consoles will launch this holiday powered by custom processors from rival Advanced Micro Devices (NASDAQ: AMD). Yet NVIDIA may h
Global M&A volumes are approaching $2 trillion for 2020, with technology making up almost a fifth of the total after mammoth deals such as SoftBank's $40 billion sale of chipmaker Arm.
Wall Street's major indexes climbed on Monday on a boost from technology stocks while signs of progress in developing a COVID-19 vaccine and a spurt of multi-billion dollar deals also brightened the mood.
What happened
Shares of Sea Limited (NYSE: SE) were gaining today as the Southeast Asian provider of digital gaming, e-commerce, and online payments rode the rebound in tech stocks today. It also benefited from a couple of news items, including another coronavirus lockdown in
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Wall Street's major indexes climbed on Monday on a boost from technology stocks while signs of progress in developing a COVID-19 vaccine and a spurt of multi-billion dollar deals also brightened the mood.
Nvidia Corp's $40 billion acquisition of chip designer Arm is set to catapult it into the fray of geopolitical tensions between Beijing and Washington, analysts and lawyers say.
Wall Street's major indexes climbed on Monday on a boost from technology stocks while signs of progress in developing a COVID-19 vaccine and a spurt of multi-billion dollar deals also brightened the mood.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
(RTTNews) - Shares of NVIDIA Corp. (NVDA) are currently gaining nearly 8% on Monday morning after the chip maker announced its plans to buy chip design company Arm Holdings for $40 billion.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has finally faced some struggles over the past week or so, but Monday morning seemed to bring some respite for the benchmark index. Greater optimism about the potential for a COVID-19 vaccine helped to bolster sentiment among investors.
A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".
Futures pointed to a higher open for Wall Street on Monday on signs of progress in developing a COVID-19 vaccine and a flurry of multi-billion dollar deals, including reports of Oracle winning the battle for the U.S. arm of TikTok.