SoftBank Corp. Unsponsored ADR logo

SoftBank Corp. Unsponsored ADR (SOBKY)

Market Closed
4 Dec, 20:00
OTC PINK OTC PINK
$
13. 99
+0.15
+1.07%
$
7.22B Market Cap
20.72 P/E Ratio
172% Div Yield
115,700 Volume
0 Eps
$ 13.84
Previous Close
Day Range
13.61 14.11
Year Range
11.82 17.25
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Earnings results expected in 67 days
Why SoftBank Is Ditching Nvidia for ChatGPT

Why SoftBank Is Ditching Nvidia for ChatGPT

SoftBank Group has decided to sell its stake in the chip maker in order to fuel an even bigger bet on OpenAI.

Barrons | 3 weeks ago
SoftBank fully cashed out its Nvidia stake for an even bigger AI bet

SoftBank fully cashed out its Nvidia stake for an even bigger AI bet

SoftBank Group , owned by the richest man in Japan, Masayoshi Son, revealed on Tuesday it had sold its entire stake in Nvidia last month — for an even bigger bet on artificial intelligence.

Marketwatch | 3 weeks ago
SoftBank up 2% after earnings beat as leans into the faltering AI boom

SoftBank up 2% after earnings beat as leans into the faltering AI boom

SoftBank's second-quarter net profit more than doubled to ¥2.5 trillion, or $16.6 billion. This was well above the ¥207 billion consensus and driven by a ¥3.5 trillion Vision Fund gain, including ¥2.16 trillion from its OpenAI holding.

Proactiveinvestors | 3 weeks ago
SoftBank sells its entire stake in Nvidia for $5.83 billion

SoftBank sells its entire stake in Nvidia for $5.83 billion

The Japanese conglomerate said Tuesday it sold 32.1 million shares of Nvidia in October.

Cnbc | 3 weeks ago
SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain

SoftBank rides the AI wave as OpenAI lifts Vision Fund to $19 billion gain

SoftBank's stock has slumped in the past week as concerns of an artificial intelligence bubble sent jitters through global markets.

Cnbc | 3 weeks ago
SoftBank is back, and the AI hype cycle is eating itself

SoftBank is back, and the AI hype cycle is eating itself

SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it's a straightforward international expansion deal.

Techcrunch | 3 weeks ago
Marvell Technology stock higher on SoftBank takeover speculation

Marvell Technology stock higher on SoftBank takeover speculation

Marvell Technology Group Ltd. (NASDAQ:MRVL) shares gained nearly 4% in early trading on Thursday after reports that Japan's SoftBank Group explored a potential takeover of the chipmaker several months ago, according to Bloomberg.

Proactiveinvestors | 4 weeks ago
OpenAI Due to Receive Another $22 Billion From SoftBank

OpenAI Due to Receive Another $22 Billion From SoftBank

SoftBank has reportedly taken another step toward completing its massive $30 billion investment in OpenAI. The Japanese conglomerate's board has greenlit a second installment of $22.5 billion restructuring that would set the stage for an eventual public offering, The Information reported Saturday (Oct. 25), citing a source with knowledge of the decision.

Pymnts | 1 month ago
SoftBank reportedly eyes $20bn US float for PayPay

SoftBank reportedly eyes $20bn US float for PayPay

Investors value Japanese payments app lined up for potential December IPO Overseas growth prospects seen as key to sustaining higher valuation SoftBank is preparing to list its payments arm PayPay in the United States as early as December, with investors suggesting the company could be valued at more than $20 billion, according to a Reuters report. Meetings with institutional investors began in mid-September, with 2 trillion yen viewed as a baseline valuation, the newswire said.

Proactiveinvestors | 1 month ago
AI BUBBLE WATCH: SoftBank reportedly seeking $5bn loan backed by Arm shares for investment in ChatGPT owner

AI BUBBLE WATCH: SoftBank reportedly seeking $5bn loan backed by Arm shares for investment in ChatGPT owner

SoftBank Group is in talks with global banks to borrow around $5 billion using shares in its chip designer Arm Holdings PLC (NASDAQ:ARM) as collateral, according to a report by Bloomberg. The loan, known as a margin loan, allows a borrower to secure cash against the value of assets such as stocks.

Proactiveinvestors | 1 month ago
SoftBank in talks for $5 billion margin loan backed by Arm stock, Bloomberg News reports

SoftBank in talks for $5 billion margin loan backed by Arm stock, Bloomberg News reports

SoftBank Group Corp is in talks to borrow $5 billion from global banks for a margin loan secured by shares of its chip unit Arm Holdings , Bloomberg News reported on Friday.

Reuters | 1 month ago
SoftBank to Acquire ABB's Robotics Business Amid Growing AI-Related Investments

SoftBank to Acquire ABB's Robotics Business Amid Growing AI-Related Investments

SoftBank Group plans to acquire ABB's robotics business for $5.375 billion, saying the move will complement its existing investments in artificial intelligence and robots. Subject to customary closing conditions, SoftBank expects the acquisition to close in mid- to late-2026, the company said in a Wednesday (Oct. 8) press release.

Pymnts | 1 month ago
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