SoftBank Shares Rise as Nvidia Weighs Abandoning Arm Purchase

(Bloomberg) — SoftBank Group Corp. shares rose on Wednesday, bouncing back from a 52-week low a day earlier as Nvidia Corp. considers walking away from its deal to buy Arm Ltd. from the Japanese investment giant.Most Read from BloombergStock Rebound Fails and Futures Plunge on Earnings: Markets WrapNvidia Quietly Prepares to Abandon $40 Billion Arm BidMark Zuckerberg’s Stablecoin Ambitions Unravel With Diem Sale TalksStocks Storm Back From 4% Rout to Close Higher: Markets WrapThis Red-Hot Housi
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