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Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade.

SoftBank and Arm weigh buying Ampere Computing, supply says

(Reuters) -Japanese expertise investor SoftBank (TYO:9984) Group and its majority-owned Arm Holdings (NASDAQ:ARM) are exploring a deal for Oracle-backed semiconductor agency Ampere Computing, an individual acquainted with the matter stated on Wednesday. Ampere has drawn curiosity from Arm whereas exploring…