Nvidia Corp. said Tuesday it expects to book a charge of $1.36 billion in the first quarter of fiscal 2023 due to the termination of its agreement to acquire Arm Ltd. from Softbank Group Corp. . The parties agreed to terminate the deal due to "significant regulatory challenges" the company Read More...
Motley Fool
Why CF Acquisition Corp. VI Stock Popped 29% Today
Shares of special purpose acquisition company (SPAC) CF Acquisition Corp. VI (NASDAQ: CFVI) had surged 29.2% as of 1:10 p.m. ET Monday, after the company that this SPAC plans to merge with and take public, Rumble, made a public bid to get Joe Rogan to leave Spotify Technology for Rumble. If you’re not familiar with Rumble, check out this quick primer from my colleague Rich Duprey, who explains how Rumble aims to become a platform for artists who’ve been “canceled” on Facebook, Twitter, and YouTube.
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