A day after unloading its self-driving vehicle unit, Uber Technologies Inc. Silicon Valley startup Joby Aviation said it would acquire Uber Elevate, and that Uber has agreed to invest 75 75 million as part of the deal. Joby told Uber UBR, -1.47% It had previously invested an undisclosed $ 50 …
Read More »Nvidia’s deal for Arm could mean a real challenge for Intel and AMD, but it is likely to face opposition
Nvidia Corp.’s bold 40 40 billion deal to buy chip designer Arm Holdings Intel Corp. in the data-center market. And Advanced Micro Devices Inc. . NVIDIA NVDA, + 5.81% NVDA, + 5.81% NVDA, + 5.81% – best known for its graphics chips for gamers and servers – said Sunday it …
Read More »Nvidia and Softbank Arm Holdings are each winners in the 40 40 billion deal
Id 40 40 billion The upcoming sale of Arm Holdings to Nvidia Corp could have a far-reaching impact on the global semiconductor industry, pushing one of its top flyers and another big trust by Softbank Group Corp. The Japanese technology organization said late Sunday that it had reached a deal …
Read More »European stocks recover after Wall Street-led sell-off
European stocks tried to push higher on Friday, offsetting initial losses, although Nasdaq-100 futures point south after the worst Wall Street sell-off since early June. Spanish banks operated the financial sector on the talk of a merger. After dropping 1.4% in the late-day slide, SXXXP, + 0.47% Was up 0.2% …
Read More »The ‘extreme’ August gust in the stock market may be telling us something about the November election
We are closing in on what could be the best August in stocks since 2000. And that seems optimistic, as futures are at a record high for the S&P 500 SPX on Friday. + 0.67% And Nasdaq Composite COMP, + 0.60%. Of course, autumn and winter are coming, U.S. The …
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