SoftBank nets $20 billion on Arm earnings pop, exceeding its total losses in WeWork
February 07, 2024 at 18:37 PM EST
Chip design firm Arm reported strong earnings on Wednesday, giving Masayoshi Son's SoftBank a huge paper profit.
Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.