Nvidia shares hit record high as AI demand fuels record results

Nvidia shares hit record high as AI demand fuels record results

A Nvidia logo is seen on one of their products on display at their headquarters in Taipei, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing Rights Aug 24 (Reuters) – Shares of Nvidia (NVDA.O) rose as much as 6.7% on Thursday, hitting an all-time high, after the company unveiled a $25 billion stock buyback … Read more

Exclusive: SoftBank hired Arm’s IPO banks without clarity on fees -sources

Exclusive: SoftBank hired Arm’s IPO banks without clarity on fees -sources

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights NEW YORK, Aug 23 (Reuters) – Chip designer Arm signed up 28 banks for its blockbuster initial public offering without giving them a fee arrangement, a reflection of … Read more

US bank stocks fall on prospect of tougher oversight, more downgrades

US bank stocks fall on prospect of tougher oversight, more downgrades

A person waits on the Wall Street subway platform in the Financial District of Manhattan, New York City, U.S., August 20, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights Aug 15 (Reuters) – Shares of U.S. banks dropped on Tuesday as the prospect of tighter regulations and a possible downgrade of several lenders by Fitch Ratings … Read more

Exclusive: SoftBank in talks to buy Vision Fund’s 25% stake in Arm

Exclusive: SoftBank in talks to buy Vision Fund’s 25% stake in Arm

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File photo NEW YORK, Aug 13 (Reuters) – SoftBank Group Corp (9984.T) is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), … Read more

Biden signs order to ban certain tech investments in China

Biden signs order to ban certain tech investments in China

U.S. President Joe Biden delivers remarks on access to mental health care in the East Room of the White House in Washington, U.S., July 25, 2023. REUTERS/Elizabeth Frantz/File Photo NEW YORK/WASHINGTON, Aug 9 (Reuters) – President Joe Biden on Wednesday signed an executive order that will narrowly prohibit certain U.S. investments in sensitive technology in … Read more

Bank stocks sink on Moody’s downgrades, Italy’s windfall tax

Bank stocks sink on Moody’s downgrades, Italy’s windfall tax

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights Italy’s 40% one-off tax hit bank shares Moody’s downgrades 10 U.S. lenders, flags real estate exposure Regional bank stocks lower Aug 8 (Reuters) … Read more

L’indonésien Pupuk Kaltim en pourparlers pour racheter les activités d’engrais de l’australien Incitec Pivot: sources

L’indonésien Pupuk Kaltim en pourparlers pour racheter les activités d’engrais de l’australien Incitec Pivot: sources

SINGAPOUR/SYDNEY, 24 juillet (Reuters) – La société publique indonésienne d’engrais PT Pupuk Kalimantan Timur (PUPUK.UL), ou Pupuk Kaltim, est en pourparlers pour acquérir l’activité engrais de l’Australien Incitec Pivot Ltd (IPL.AX), ont déclaré deux sources proches du dossier. Pupuk Kaltim, qui est le plus grand fabricant d’engrais à base d’urée en Asie du Sud-Est, a … Read more

Analysis: Stock sale frenzy foretells US IPO market comeback

Analysis: Stock sale frenzy foretells US IPO market comeback

Signage for TXO Energy Partners is seen at the New York Stock Exchange (NYSE) to celebrate their IPO in New York City, U.S., January 27, 2023. REUTERS/Andrew Kelly Acquire Licensing Rights NEW YORK, June 21 (Reuters) – A flurry of stock sales by companies points to a likely wave of initial public offerings launching come … Read more