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Arm set to set trading in the next few hours. The biggest imo of the year. Stock pricing at 51 a share. It was at the top end of the anticipated range giving it a market cap of 54 billion, 95 million shares were sold. Lets kick it off with leslie as they build towards that first trade. The indications coming in, interesting. You know, they started the morning at about 62. That was the first indication. Fell to about as low as 57, which implies a 12 gain relative to that 51 ipo price. And now its kind of around 57, 58. Still have time before it starts trading. We could expect another hour, hour and a half before its open and off to the races for arm. But its interesting, nonetheless, just to kind of see where these indications are coming on because just kind of gathering some color from investors and bankers and so forth. There was some dispute over exactly where to price this. Softbank doing all of the selling here. The question was, do you price it above the range or do you price it a ....
Emily im emily chang in San Francisco and this is bloomberg technology. Coming up, it is a date. Apples next big product unveiling is set for september 7 according to bloomberg sources. Details on the new mac, ipad, and iphone. We will see plus, metarolls out its old playbook for a new round of midterm elections. We talk about whether it is enough to fight the latest trends in misinformation and disinformation. And record revenues in shipping, but seeing a slowdown. I ask a ceo if he shares that sentiment. We will get all of that but first i want to get a look at the markets. U. S. Stocks falling for the first time in four days. Christine . Christine it is fed minutes day and we got another reminder that more rate hikes are coming. That means higher yields and bad news for tech. Lets look at the broad tech sector. The nasdaq 100 and the faang indexes falling for a second straight day, falling more than 1 . It has been a week since ....
Microsoft, Qualcomm, and several other PC vendors will launch a series of laptops next week that Microsoft is promoting as a new foundation for Windows on Arm. ....
Rivals, legal action cast shadows over Windows on Arm market theregister.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theregister.com Daily Mail and Mail on Sunday newspapers.
Samsung Showcases AI-Era Vision and Latest Foundry Technologies at SFF 2024 tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.