The chip industry is breathing a sigh of relief over the aborted purchase of ARM Ltd by U.S. chipmaker Nvidia Corp but the firms and their shareholders are left with challenges the deal would have addressed.
U.S. stock index futures slipped on Tuesday following disappointing quarterly updates from companies including Pfizer and Coty, while investors looked ahead to inflation data later this week for clues on the path of interest rates.
LONDON (Reuters Breakingviews) - Masayoshi Son faces a sobering end to his six-year chip party. The SoftBank Group boss on Tuesday bowed to regulatory opposition https://group.softbank/system/files/news/press/2022/20220208/20220208_0_en.pdf and
Video gaming and esports analytics provider Newzoo estimates that the cloud gaming market generated $1.57 billion in revenue in 2021, more than double the previous year's revenue of $669 million.
NVIDIA Corporation NVDA has abandoned the purchase of Arm Limited from the Japanese multinational conglomerate holding company, Softbank Group Corporation, Reuters reported on Monday late night citing anonymous sources familiar with the matter.
Stock Market Futures Slip Following Choppy Trading SessionU.S. stock futures are edging lower in the early morning Tuesday. The current movement in stocks could be due to investors taking a cautious approach to this trading week. Accordingly, this would be in line with the key in
In 2015, Google announced it would rebrand as Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), signaling the company's intentions to be more than just a suite of ad-driven products. Investors cheered the move, sending the stock up 4%, and Google management said the decision was modeled a
(RTTNews) - Technology company Nvidia Corp. (NVDA) announced Tuesday the termination of the previously announced agreement to buy Cambridge-based chip designer company Arm Ltd. from SoftBank Group Corp. (SFTBY.PK, SFTBF.PK).
SoftBank Group Corp reported on Tuesday that it had squeezed out a net profit of 29 billion yen ($251 million) for the quarter from October to December, as tech portfolio valuations weaken at its Vision Fund unit.
SoftBank Group Corp reported on Tuesday that it squeezed out a net profit of 29 billion yen ($251 million) for the quarter from October to December, as tech portfolio valuations weaken at its Vision Fund unit.
HONG KONG (Reuters Breakingviews) - Regulators have drawn red lines for chip deals. The failed cross-border takeovers of UK-based Arm and Germany's Siltronic, acquisitions worth $45 billion when they were first announced, says more about scarce
(RTTNews) - Technology company Nvidia Corp. (NVDA) has abandoned its $40 billion deal to buy Cambridge-based chip designer company Arm Ltd. from SoftBank Group Corp, amid significant concerns from both regulators and a number of Arm's current customers, according to several repo
SoftBank Group Corp's sale of Arm Ltd to U.S. chipmaker Nvidia Corp collapsed on Monday, the Financial Times reported, citing three people with direct knowledge of the transaction.
SoftBank Group Corp's $66 bln sale of Arm Ltd to U.S. chipmaker Nvidia Corp has collapsed on Monday, the Financial Times reported, citing three people with direct knowledge of the transaction.
Nvidia (NVDA) closed at $247.28 in the latest trading session, marking a +1.68% move from the prior day. This change outpaced the S&P 500's 0.37% loss on the day.
Wall Street ended lower on Monday, as investors digested recent quarterly results from Facebook owner Meta Platforms and other megacaps, while Peloton jumped following reports of interest from potential buyers, including Amazon.
Wall Street ended lower on Monday, as investors digested recent quarterly results from megacaps Amazon and Facebook owner Meta Platforms, while Peloton jumped following reports of interest from potential buyers, including Amazon.
Wall Street was mixed on Monday, as investors digested recent quarterly results from megacaps Amazon and Facebook owner Meta Platforms, while Peloton jumped following reports of interest from potential buyers, including Amazon.
Savvy investors know that a market downturn is to be expected every year or two and that it's not a great concern for long-term investors who don't plan to sell their stocks anytime soon. In fact, market downturns actually can be terrific times to buy stocks, as shares of many gr
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