Stock market today: Live updates
Fed’s Bowman expects more hikes; Barkin counsels patience Federal Reserve Governor Michelle Bowman said Thursday she still expects interest rates…
SoftBank earnings Q2 FY 2023
SoftBank Founder Masayoshi Son is pictured here in 2019 during an earnings presentation. Tomohiro Ohsumi | Getty Images SoftBank posted…
Intel stock drops on report Nvidia is working on an Arm-based PC chip
An exterior view of the Nvidia headquarters in Santa Clara, California, on May 30, 2023. Justin Sullivan | Getty Images…
TSMC earnings report Q3 2023
A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images…
A big AI and robotics idea that has attracted Walmart and Softbank
Symbotic technology in use at a Walmart facility. Courtesy: Walmart Venture-capital giant Softbank notched a $15 billion-plus gain on its…
Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq After a 21-month tech IPO freeze, the…
Klaviyo valued at $9.2 billion after pricing IPO above range: Reuters
Andrew Bialecki, CEO and co-founder of Klaviyo, poses for a portrait in Boston on Sep. 5, 2019. Barry Chin |…
Tech IPOs are back, deal valuations are rising. Don’t get fooled again
Shopper using Instacart Source: Instacart As tech startups test the IPO market again, they are pushing up their valuations. After…
GM, STLA, ADBE, DASH and more
GM workers with the UAW Local 2250 union strike outside the General Motors Wentzville Assembly Plant in Wentzville, Missouri, Sept.…
Stock futures today: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE), May 3, 2023. Brendan McDermid | Reuters Stock…
Arm is trading at a premium to Nvidia after IPO pop even though it’s a ‘no-growth company’
Arm’s Nasdaq debut on Thursday looks good for SoftBank, who just spun the company out after acquiring it in 2016.…
Arm China ‘doing well,’ CEO says, as Son reduces China exposure
You can watch David Faber’s interview with Arm CEO Rene Haas and SoftBank CEO Masayoshi Son on CNBC Pro. Arm’s…