SoftBank Group Corp

Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why

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Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here’s why

Arm, the U.K.-based company controlled by Japanese investment giant SoftBank, listed on New York’s Nasdaq on Thursday at an IPO price of $51 per share for a valuation of almost $60 billion. The initial buzz has since fizzled, with the stock suffering successive daily declines to close the Tuesday trading session at $55.17. Cathie Wood, … Read more

Live updates-China data beat expectations

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Live updates-China data beat expectations

Fri, Sep 15 2023 1:51 AM EDT India has ‘always been at the forefront’ for Bell Flight, managing director says “India has always been at the forefront for us,” Sameer Rehman, managing director of U.S. aerospace manufacturer Bell Flight told CNBC’s “Squawk Box Asia.” “As the fastest growing economy, as the largest population now on … Read more