Billionaire Masayoshi Son, Chairman and CEO of SoftBank Group Corp., spoke at a press conference in Tokyo on July 28, 2016, in front of a screen displaying the ARM Holdings logo. ARM, which is owned by SoftBank, has recently filed for its initial public offering (IPO). This IPO will be a significant test for the …
Discover the major movers in premarket trading: Signage outside the headquarters of Palo Alto Networks in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Palo Alto Networks — The security software vendor soared 12.5% following an impressive earnings beat after the market closed on Friday. The …
SoftBank, the Japanese conglomerate, has unveiled plans to list its chip design company, Arm, in the United States. Arm has filed for a Nasdaq listing, aiming to go public in a period when tech IPOs are typically slow. The company, which wants to trade under the ticker symbol “ARM,” reported $524 million in net income …
An exterior view of the Nvidia headquarters in Santa Clara, California, May 30, 2023. Justin Sullivan | Getty Images Explore the latest market movers during midday trading. Palo Alto Networks soared by 15.2% as the security software provider surpassed earnings expectations in their latest report. Goldman Sachs reconfirmed the stock as a buy after the …
XPeng achieved a remarkable milestone by delivering over 60,000 units of its flagship P7 electric sedans in 2021. XPeng, Inc. Take a look at the noteworthy stocks making waves in midday trading. Strategic Education — The education company’s stock surged 3% after Bank of America upgraded it from neutral to buy. The firm expressed optimism …
The remarkable interest from activist-investors in Salesforce (CRM) has continued to decline in the second quarter, according to the latest regulatory filings from influential Wall Street professionals. These prominent investors have also made moves in nine other Club stocks during a strong three-month period that marked the best first half of the market in years. …
Explore the companies that are grabbing attention in premarket trading. Discover Financial Services witnessed a 6.5% decline due to the resignation of CEO Roger Hochschild. The company announced that John Owen, a board member, will serve as the interim chief executive. Turnstone Biologics experienced a premarket decline of 2.3%. Earlier today, investment firm Piper Sandler …
The DefCon conference held in Las Vegas was the battleground for a unique competition that pitted hackers and security researchers against the leading generative AI models from companies like OpenAI, Google, Microsoft, Meta, and Nvidia. In this three-day challenge, participants were tasked with outsmarting these powerful chatbots by tricking them into generating fake news, making …
A man wearing a mask passes by a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Banks – Major Wall Street banks experienced a decline in midday trading following a report from CNBC stating that Fitch Ratings may downgrade the health of …
Jen-Hsun Huang, CEO, Nvidia David Paul Morris | Bloomberg | Getty Images With the growing interest in generative artificial intelligence, Nvidia is poised to benefit significantly. Nvidia saw its shares surge by more than 7% on Monday, affirming investor confidence in the company’s graphics processing units (GPUs) as the preferred computer chips for powering large …