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 »Immunomidics up 106% after Gilead agrees to acquire-21 billion cancer-drug company
Reuters Gilead said on Sunday it had agreed to acquire the cancer-drug company Immunomidics for 21 billion. Immunomedic shares rose 106% on Monday following the news. Immunomidics, used to treat various forms of breast cancer, sells Drodelvi and is being evaluated for other possible signs of cancer. Trodelvie was approved …
Read More »European stocks and US equity futures are on the verge of vaccination and M&A action.
Capped vials of Oxford University’s COVID-19 vaccine candidate, who resumed trials after a break last week. Vincenzo Pinto / Agence France-Presse / Getty Images European stocks rallied on Monday, with US equity futures driven by news of vaccine hope, mergers and acquisitions. Stoxx Europe 600 Index SXXXP, -0.04% The best …
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 »Tech giants fueled a powerful market rally on the condition of a softbank
Seeing vertigo-induced growth in tech stocks and Thursday’s fall, investors are booming with a single trade, a huge but shadowy trust can be placed on Silicon Valley that could pull the market with it. The investor behind that trade, according to those familiar with the matter, is Japan’s Softbank 9984 …
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