Saturday, December 04, 2021 15:16:48 UTC
NVIDIA CORP: We entered a put option, $320.00 strike price, at 9:30 AM with a limit buy. We exited 5 hours later by limit sale for a 78% profit!
News of federal injunction for $ARM buyout affected price at open.(More)
Friday, December 03, 2021 16:15:18 UTC
U.S. FTC sues to block Nvidia Corp.’s $80 billion planned deal to buy Arm. The FTC said the planned merger would stifle the innovation pipeline for next-generation technologies.
Nvidia's shares closed up 2.2% at $321.26 on Thursday while company faces a $1.25 billion breakup fee if the deal is blocked. While Arm's revenue has risen 56.3% in the six months, it is unclear whether Arm would bring in anything close to the $80 billion offered by Nvidia.(More)
NVIDIA BLOCKED FROM BUYING ARM
Friday, December 03, 2021 16:15:18 UTC
U.S. FTC sues to block Nvidia Corp.’s $80 billion planned deal to buy Arm. The FTC said the planned merger would stifle the innovation pipeline for next-generation technologies.
Nvidia's shares closed up 2.2% at $321.26 on Thursday while company faces a $1.25 billion breakup fee if the deal is blocked. While Arm's revenue has risen 56.3% in the six months, it is unclear whether Arm would bring in anything close to the $80 billion offered by Nvidia.