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Arm Holdings PLC

MoneyHero debuts on the Nasdaq via merger with Peter Thiel-backed SPAC

by Walter Watson
MoneyHero debuts on the Nasdaq via merger with Peter Thiel-backed SPAC

Bymuratdeniz | E+ | Getty Images Asian fintech firm MoneyHero on Friday fell on its first day of trading on the Nasdaq, following the completion of its merger with special purpose acquisition …

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A big AI and robotics idea that has attracted Walmart and Softbank

by Walter Watson
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 2016 deal to buy Arm Holdings when the artificial intelligence-enabling …

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How GlobalFoundries aims to remain world’s third-biggest chip foundry

by Edgar Davis
How GlobalFoundries aims to remain world’s third-biggest chip foundry

In its short 14-year history, GlobalFoundries has risen to become the world’s third-largest chip foundry. Based in upstate New York, GlobalFoundries isn’t a household name because it’s manufacturing semiconductors that …

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AI chip firm Kneron raises $49 million as it looks to rival Nvidia

by Walter Watson
AI chip firm Kneron raises  million as it looks to rival Nvidia

Kneron, a U.S.-based semiconductor startup, said on Tuesday it raised a fresh round of funding as it looks to ramp up the commercialization of its artificial intelligence chips, which it …

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Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo

by Edgar Davis
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 market has cracked opened in the past week. But the …

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5 things to know before the stock market opens Thursday, September 21

by Sam Bailey
5 things to know before the stock market opens Thursday, September 21

Here are the most important news items that investors need to start their trading day: 1. Market moves Stocks fell Wednesday after the Federal Reserve indicated another rate hike could …

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Klaviyo rises 9% in debut after software vendor priced IPO at $30

by Walter Watson
Klaviyo rises 9% in debut after software vendor priced IPO at

The New York Stock Exchange welcomes executives and guests of Klaviyo, Inc. (NYSE: KVYO), on Weds, September 20, 2023, to celebrate its initial public offering. To honor the occasion, Andrew …

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ARK CEO Cathie Wood says she swerved the Arm IPO frenzy. Here’s why

by Edgar Davis
ARK CEO Cathie Wood says she swerved the Arm IPO frenzy. Here’s why

Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27, 2023. Brendan …

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Morgan Stanley (MS) and Wells Fargo (WFC) have more room to run

by Ron Morgan
Morgan Stanley (MS) and Wells Fargo (WFC) have more room to run

The financial sector is making a comeback, and it looks to stay there. Club names Morgan Stanley (MS) and Wells Fargo (WFC), in particular, have perked up recently. Still, we …

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What is RISC-V and why does Arm call the rival product a risk?

by Edgar Davis
What is RISC-V and why does Arm call the rival product a risk?

With Arm slated to start trading on the Nasdaq on Thursday, investors are considering the potential upsides — and downsides — of investing in the company. The British chip designer …

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