SoftBank stock hits its first record high in 24 years — Arm and AI helped it get there
SoftBank shares have been boosted by the improved financial performance in the Vision Fund and by a rally in the
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Masayoshi Son
SoftBank shares rise on $1.86 billion debt offering as CEO talks up ‘super’ AI
Softbank, which has a huge technology investment arm called the Vision Fund, has suggested it is looking to ramp up
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SoftBank CEO says AI that is 10,000 times smarter than humans will come out in 10 years
SoftBank CEO Masayoshi Son laid out his vision for artifical super intelligence, or ASI, that he said would be 10,000
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Japan’s SoftBank posts quarterly profit after four straight losses, driven by Vision Fund gains
SoftBank posted its first quarterly profit after four quarters of losses driven by massive gains at its flagship tech investment
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SoftBank nets $16 billion on Arm earnings pop, exceeding its total losses in WeWork
Chip design firm Arm reported strong earnings on Wednesday, giving Masayoshi Son's SoftBank a huge paper profit. Source link
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SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar
SoftBank Group shares jumped 5% on Wednesday after the Japanese tech conglomerate said it would receive shares in telco T-Mobile U.S. worth $7.59 billion. Source
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SoftBank’s Vision Fund ekes out gain but company posts $6.2 billion quarterly loss
SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss. Source
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WeWork, once valued at $47 billion, files for bankruptcy
Office-sharing company WeWork filed for Chapter 11 bankruptcy protection in federal court Monday. Source link
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Arm is trading at a premium to Nvidia after IPO pop even though it’s a ‘no-growth company’
With a valuation of about $68 billion, Arm's price-to-earnings multiple after its first day of trading is higher than Nvidia's.
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