Page 12 - Echo Wang News Today

Arm Holdings Ltd, the chip designer owned by SoftBank Group Corp, is planning to ask investors to pay $47 to $51 for each of its shares when it begins marketing its initial public offering (IPO) next week, people familiar with the matter said on Saturday. It would make Arm the most valuable company to list in New York since electric car maker Rivian Automotive debuted in 2021. SoftBank could possibly raise this range before the IPO prices, should investor demand prove strong, said the sources,...

Arm Holdings Ltd is targeting a valuation between $50 billion to $55 billion for its much-awaited initial public offering , ahead of its roadshow with investors next week, according to people...

Arm Holdings Ltd is targeting a valuation between $50 billion to $55 billion for its much-awaited initial public offering (IPO), ahead of its roadshow with investors next week, according to people familiar with the matter. Arm, the chip designer owned by SoftBank Group Corp, is expected to set a price range for its offering next week, the sources said. SoftBank plans to sell about 10% of Arm's shares in the IPO, Reuters has previously reported.

By Echo Wang NEW YORK (Reuters) - Arm Holdings Ltd is targeting a valuation between $50 billion to $55 billion for its much-awaited initial public ...

By Niket Nishant and Anirban Sen (Reuters) -Grocery delivery service Instacart on Friday said its core business turned profitable after making public its ...

Nvidias move to buy back $25 billion of its shares after its stock has more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. ...

NEW YORK, Aug 25 (Reuters) - Nvidia's ( NVDA.O ) shares have more than tripled this year after its $25 billion share buyback has impressed some investors.

Nvidia's move to buy back $25 billion of its shares after its stock has more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. Shares of Nvidia touched a record high on Thursday, a day after the company blew past expectations with its quarterly revenue forecast as an artificial-intelligence boom fueled demand for its chips. Nvidia shares, which had run up in the days leading up to its report, climbed more than 6% on Thursday but ...

Chip designer Arm signed up 28 banks for its blockbuster initial public offering without giving them a fee arrangement, a reflection of owner SoftBank Groups leverage over underwriters clamoring for...

By Echo Wang and Anirban Sen NEW YORK (Reuters) - Chip designer Arm signed up 28 banks for its blockbuster initial public offering without giving them...