STORY: Chip designer Arm starts trading Thursday (September 14) on New York’s Nasdaq exchange after a blockbuster share offering. It secured a valuation of $54.5 billion - at the top of its target range.
Arm hits $54.5bn valuation in massive IPO launch
Arm has raised nearly $5bn in its IPO, reaching a higher valuation than when it was on track to be sold to Nvidia for $40bn in 2021.
SoftBank’s Arm Holdings Prices IPO At $51.00/ADS, Top End Of Estimated Range
Chip designer Arm Holdings plc., affiliated to Japan's SoftBank Group Corp. (SFTBY), said that it has priced its initial public ...
Japan’s Nikkei jumps to 1-week high after US inflation data
Japan's Nikkei share average rose more than 1% on Thursday to touch its highest level in a week, as investors were relieved after data showed underlying U.S. inflation remained on its slow, downward ...
Japan stocks lower at close of trade; Nikkei 225 down 0.23%
Japan stocks were lower after the close on Wednesday, as losses in the Shipbuilding, Precision Instruments and Gas & Water sectors led shares lower. At the close in Tokyo, the Nikkei 225 declined 0.23 ...
Record Number of Women in Japan’s Cabinet May Not Signal Change
Kishida kept men in the main finance and trade roles, in line with a pattern of excluding women from the types of jobs that open the way to taking over as prime minister. Japan has never had a female finance minister and its last female chief cabinet ...
Japanese Yen Forecast: USD/JPY on Breakout Quest as GBP/JPY Fends Off Support Test
This article takes a technical view of USD/JPY and GBP/JPY, analyzing critical support and resistance levels that deserve careful scrutiny in the coming trading sessions.
Crypto seeks lifeline in Asia as U.S. crackdown spurs more layoffs
Crypto is increasingly looking to Asia for a revival as the chastened sector reels from a crackdown in the U.S.
Crypto Seeks Asian Lifeline as US Crackdown Spurs More Layoffs
Crypto is increasingly looking to Asia for a revival as the chastened sector reels from a crackdown in the US.
The SEC’s troubled relationship with Coinbase demonstrates fear of $1 trillion crypto market
The SEC's paradoxical ties with Coinbase are symptomatic of its fears around a crypto market now valued at more than $1 trillion.
SEC Hunts Fines Austin Mahone and Soulja Boy Over Crypto Promotion
The two formerly chart-topping musicians are facing fines from the SEC after pushing Tronix crypto without disclosing they'd been paid.
After being scammed out of $130K, elderly Houston artist now warning others of crypto scams
An 82-year-old Houston artist claimed he recently was swindled out of his life savings by a scammer masquerading as a federal agent and now he's urging others to learn from his mistakes.
SoftBank puts stamp on Arm IPO as Mizuho wins top underwriter spot
U.K. chip design house Arm's initial public offering scheduled for Thursday is being handled by an extensive roster of well-known underwriters familiar from past SoftBank Group-linked IPOs but includes a relative newcomer --- Mizuho Securities USA.
Crypto Seeks Lifeline in Asia as US Crackdown Spurs More Layoffs
Crypto is increasingly looking to Asia for a revival as the chastened sector reels from a crackdown in the US.
‘Number Go Up’: The Brutal Truth About the Crypto Bust
The recent release explores how crypto got so big, and why the industry--and Sam Bankman-Fried's vision--fell apart.
Coinbase CEO On Adding Lightning Support: ‘Bitcoin Is The Most Important Asset In Crypto’
According to its Chief Executive Officer, Brian Armstrong, Coinbase decided to add to its platform Lightning Network, a Bitcoin scaling solution.