I will mention that i am a complete newbie and i'm only beggining to get my head around arduino ecosystem.
Currently i'm desinging wrist mounted computer, something like Pip Boy. One of the functions i was planning to add was radio reciever, even got simple FM tuner but recently i got hooked on tinkering with SDR.
Does anyone have any idea how to implement am/fm reciever, something that wouldn't require large antenna to work reliably (would like to keep it wrist mounted) and recive wide range of am/fm maybe even recieve some VHF comms?
The RDA5807M provides a very small FM receiver module, but not too sure about AM. But you also presumably need a display and MCU. It will probably will be a bit of a challenge to fit everything into a wristwatch sized package!
AM and FM are very different. Go for FM. SDR is highly technical and needs lots of software and hardware so not possible for wrist mounted. Internet radio might be doable, look at SEEED Studio XIAO modules for extremely small esp32 modules (about the size of my thumbnail) Of course if you want mobility then FM is your only practical choice.
You can find them ready made. eBay has bunches. I used "am fm wrist watch" as the search term and Duckduckgo found lots of them.
I believe this project is way to complicated for newbie as a starter project. Get a copy of the Arduino Cookbook and go through it trying projects that look interesting. This will give you a lot of experience and an understanding of the Arduino system.
I have a display chosen, the whole thing began when i stumbled upon Noritake VFD.
For the MCU i already have Teensy 4.1 and esp32.
Whole package will be Pip Boy sized so there is some space to play with - whole forearm.