Amazon (AMZN) is in talks to become an anchor investor in British chip designer Arm's IPO, according to Reuters. In addition to Amazon, NVIDIA (NVDA), Apple (AAPL), Intel (INTC), and Samsung (005930.KS) are among other rumored investors. Yahoo Finance Tech Reporters Allie Garfinkle and Dan Howley discuss the impact and importance of Arm's IPO for the company and the IPO market...
Continue ReadingThe e-commerce/technology titan's stock has moved up 9% since Aug. 2, following a strong earnings report...
Continue ReadingArm Ltd. is lining up a number of high-profile technology companies to be potential investors ahead of the chip designers' initial public offering this September...
Continue ReadingShares of Rivian Automotive (NASDAQ: RIVN) were flat in Tuesday's after-hours trading session following the premium electric vehicle (EV) maker's release of its second-quarter 2023 results. On the other hand, many investors are still probably concerned about Rivian's cash-burn rate. As background, Rivian makes two all-electric vehicles for consumers: the R1T (a pickup truck) and R1S (an SUV)...
Continue ReadingAn Amazon Prime membership costs $139 a year. Amazon will commonly issue promotional credits you can redeem for digital purchases if you forgo the fastest shipping and opt to wait longer for your orders to arrive. Storing your credit card information on Amazon could make your shopping more convenient (though be careful, because in some cases, it could also lead to overspending)...
Continue ReadingAmazon.com and OneWater Marine have been highlighted as Zacks Bull and Bear of the Day...
Continue ReadingAmazon Clinic could play a key role in the company's next big move...
Continue ReadingAmazon is considering becoming a major investor in Arm as it turns to the British chip maker’s technology to help power its data centres...
Continue ReadingPlus, Disney's ESPN agreed to a deal that would allow the brand name to be used by PENN Entertainment...
Continue ReadingFor the 6 months ended 6/30/23, VGI Partners Global Investments Limited generated a net return of 19.7%. Click here to read the full fund letter...
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