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SoftBank Group Corp. (SFTBY)

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22.18-1.13 (-4.85%)
At close: 03:59PM EST
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  • Bloomberg

    SoftBank Shares Rise as Nvidia Weighs Abandoning Arm Purchase

    (Bloomberg) -- SoftBank Group Corp. shares rose on Wednesday, bouncing back from a 52-week low a day earlier as Nvidia Corp. considers walking away from its deal to buy Arm Ltd. from the Japanese investment giant.Most Read from BloombergStock Rebound Fails and Futures Plunge on Earnings: Markets WrapNvidia Quietly Prepares to Abandon $40 Billion Arm BidMark Zuckerberg’s Stablecoin Ambitions Unravel With Diem Sale TalksStocks Storm Back From 4% Rout to Close Higher: Markets WrapThis Red-Hot Housi

  • Bloomberg

    Gopuff Is Working With Goldman Sachs, Morgan Stanley on IPO

    (Bloomberg) -- Delivery startup Gopuff is working with banks including Goldman Sachs Group Inc. for an initial public offering that it’s planning for the second half of the year, according to people familiar with the matter.Most Read from BloombergStock Rebound Fails and Futures Plunge on Earnings: Markets WrapNvidia Quietly Prepares to Abandon $40 Billion Arm BidMark Zuckerberg’s Stablecoin Ambitions Unravel With Diem Sale TalksStocks Storm Back From 4% Rout to Close Higher: Markets WrapThis Re

  • Motley Fool

    Why Nvidia Stock Dropped Again Today

    As of 11:05 a.m. ET, shares of the semiconductor giant are down 3.5% in response to a report from Bloomberg that Nvidia's $40 billion bid to buy Britain's Arm Holdings may be well and truly dead. As Bloomberg reports this morning, Nvidia "is quietly preparing to abandon its purchase of Arm Ltd. from" SoftBank Group (OTC: SFTB.Y). Nvidia has made "little to no progress" convincing regulators such as the U.S. Federal Trade Commission and the U.K.'s Competition and Markets Authority to approve the deal, reports Bloomberg.