Arm climbs 25% in Nasdaq debut after pricing IPO at $51 a share
Arm Holdings, the chip design firm, has begun trading on the Nasdaq in a long-anticipated IPO at a $54 billion valuation.
SoftBank’s Masayoshi Son says AI-fueled technology can surpass human intelligence ‘big time’
AI is capable of helping solve the world’s biggest problems and could potentially surpass the intelligence of humans, says SoftBank’s Masayoshi Son.
European stocks close 1.5% higher after ECB hikes interest rate to record 4%
European markets closed higher Thursday as investors in the region assessed the European Central Bank’s rate decision.
Arm China ‘doing well,’ CEO says, even as SoftBank’s Masa Son reduces China exposure
Arm’s China subsidiary is “doing well” with strong potential in data center and automotive applications, despite the geopolitical tumult of the last few years, Arm Holdings CEO Rene Haas said.
Mindless scrolling hurts productivity. Here’s what you can do, says bestselling ‘Atomic Habits’ author
Mindless phone scrolling prevents us from “performing at a high level,” but there are ways to dial back such distractions, said author James Clear.
European Central Bank hikes rates to record level, hints at possible peak
Economists and analysts were divided over whether the doves or hawks in Frankfurt would win out in September.
U.S. crude oil prices top $90 a barrel for the first time since November 2022
Oil prices jumped, with U.S. crude topping $90 a barrel, as expectations of a tighter supply grew.
Watch live: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
‘Extremely risky’: OPEC criticizes IEA forecast that fossil fuel demand will peak before 2030
OPEC on Thursday sharply criticized the IEA’s forecast that demand for fossil fuels like coal, oil and gas will peak before the end of the decade.
20,000 people feared dead in Libyan city destroyed by floods
A precise tally of the rising number of people killed is incredibly difficult given the level of destruction in Derna and the chaotic political situation in the region.
