U.S. stocks are expected to see a boost on Monday as major technology companies gear up to release their earnings reports. The market is anticipating an active week, with nearly a third of S&P 500 companies scheduled to share their financial results. Oil Prices Take a Dip Crude oil futures experienced a slight decline, with West Texas Intermediate (WTI) falling by 0.3% to … [Read more...] about U.S. Stocks Set to Rise as Tech Earnings Take the Stage
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SoftBank Group Corp. in Talks to Purchase 25% Stake in Arm Ltd.
SoftBank Group Corp. is reportedly in discussions to acquire the 25% stake in chip designer Arm Ltd. currently held by its Vision Fund 1. This comes ahead of Arm's highly anticipated initial public offering (IPO). According to Reuters, SoftBank, which already owns 75% of Arm, is negotiating a deal with VF1, the $100 billion investment fund it established in 2017. The potential … [Read more...] about SoftBank Group Corp. in Talks to Purchase 25% Stake in Arm Ltd.
