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Apple has signed a new deal with Arm for chip technology that "extends beyond 2040," according to Arm's initial public offering documents filed on Tuesday. Arm unveiled pricing on Tuesday for what it hopes will be a $52 billion initial public offering, which would be the largest such deal in the U.S. this year. Arm owner SoftBank Group plans to offer 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece, Arm said in a filing...

Arm plans to price its initial public offering at between $47 and $51 a share, according to an updated filing yesterday, raising up to $4.9bn for its current owner SoftBank and valuing the UK-based chip designer at up to $52bn. Cornerstone investors, including Apple, Google, Nvidia, Samsung, Intel and TSMC, have indicated they plan to purchase up to $735mn worth of Arm shares at the IPO price, the company said. Tuesday’s filing also disclosed that Apple and Arm have signed a new “long-term agreement” that ensures the iPhone maker will be able to develop processors based on Arm’s designs “beyond 2040”...

Subscriptions to Apple TV+'s (AAPL) MLS season pass shot up by 280 percent ahead of Lionel Messi's first game playing for Inter Miami. Yahoo Finance's Josh Schafer, Alexandra Canal, and Seana Smith review live sports' influence on cord-cutting trends and consumer downsizing in streaming services...

Amazon (NASDAQ: AMZN) has grown into a retail behemoth since its founding in 1994. The company holds leading market shares in numerous countries around the globe, with a 38% share of e-commerce in the U.S. Its dominance is most evident by the fact Walmart is responsible for the second-largest market share at only 6%. The company's command of the market came at a price last year...

Apple (NASDAQ: AAPL) shares have slid 4% since the start of August, with investors disappointed by revenue declines in several of its product segments during its fiscal 2023's third quarter (ended July 1). Despite recent hurdles, Apple continues to have a solid long-term outlook. The company has a booming services business that enjoyed an 8% bump in revenue in the latest quarter, and it has leading market shares across its product lineup that will likely pay off once the sector bounces back...

Apple, Intel and Nvidia are among the companies that plan to buy shares in the British chip maker’s initial public offering...

Broadcom's Q3 results beat expectations, showing positive growth driven by AI exposure and infrastructure spending by hyperscalers. Find out why AVGO stock is a Buy...

The Argentine soccer superstar’s arrival brings more than 110,000 sign-ups to MLS Season Pass on the day of his first match with Inter Miami...