Betting Big: SoftBank Consolidates ARM Ownership Before Mega $54.5B IPO
ARM Holdings PLC (NASDAQ: ARM) launched its initial public offering (IPO) Thursday, with a valuation of $54.5 billion, marking the biggest IPO of 2023.
SoftBank Retains 90% Of Arm After IPO: Haas, Son Discuss China Dynamics
Arm Holdings PLC (NASDAQ: ARM) is the talk of the Street Thursday, issuing its initial public offering valued at $54.5 billion, making it 2023's largest IPO.
Asian Markets Higher, Europe Trades In Green Following US Inflation Data – Global Markets Today While US Was Sleeping
On Wednesday, September 13, the U.S. markets ended mixed as investors reacted to higher-than-anticipated August inflation data.
The U.S. annual inflation rate climbed to 3.7%, surpassing the previous month's 3.2% and market expectations of 3.6%. Month-over-month, consumer prices rose by 0.6% in August, up from July's 0.2% growth.
EU Tariff Talks On Chinese EV Imports Jolt Market: These European Giants Are Set To Gain
Read about the EU's investigation into tariffs on Chinese electric vehicles and how it's impacting the competitive landscape of the global EV market. What does this mean for key players like Renault and Stellantis?
Weekly Points – 5 Things To Know In Investing This Week
The Non-Disinflation Issue
Lots of interesting news this week where we address these important questions:
Is the disinflation story done now?
Can the Japanese yen recover?
Are we finally about to get a Bitcoin ETF (OTC: GBTC)?
Asia Closes Lower, Europe Down Ahead Of US Inflation Data – Global Markets Today While US Was Sleeping
On Tuesday, September 12, the U.S. markets ended in red as investors prepared for the release of significant U.S. inflation figures.
S&P 500 ended lower, with the information technology and communication services sectors experiencing the most significant declines.
VinFast Gears Up For 2024 Expansion Into 7 Global Clusters, Including Indonesia
In Indonesia, the company plans to start deliveries in 2024 with the right-hand driving models of VF e34 and VF 5.
Asian and European Markets Mixed, Energy Rises While US Futures Trade In Red – Global Markets Today While US Was Sleeping
On Monday, September 11, the U.S. markets ended higher; the Nasdaq saw a substantial rise, boosted by Tesla's (NASDAQ: TSLA) surge driven by optimism around artificial intelligence.
Tesla Done With Price Cuts? Report Says EV Maker Could Soon Hike Model Y Prices In China
Tesla could soon begin hiking prices of its Model Y EVs in China, a report said, raising hopes that aggressive price cuts could end.
Facebook Co-Founder Who Fell Out With Mark Zuckerberg Is Now Singapore’s Richest Person
Eduardo Saverin is now Singapore's wealthiest resident, boasting a staggering net worth of $16 billion.