Japan’s SoftBank has reportedly hit pause on plans to explore a London listing of Cambridge-based chip designer Arm due to the political upheaval in the UK government following Prime Minister Boris Johnson’s resignation.
When a start-up business is looking to get its operations off the ground, it usually relies on external investment to take it to the next level. Although some start-ups are fortunate enough to grow organically, many others are forced to…
SoftBank Group Corp is set to ask Goldman Sachs Group Inc to serve as the lead underwriter on the initial public offering (IPO) of Arm Ltd that could see the UK chip company valued at as much as $60 billion.
On Thursday, Robinhood Markets posted a $423 million net loss in the latest quarter, causing its shares to plummet by as much as 15% in after-hours trading.