SoftBank Corp. Unsponsored ADR (SOBKY)
Why are investors buying SoftBank stock again despite growing AI exposure?
SoftBank stock rebounded on Wednesday after an 8.5% plunge a day earlier, as investors returned to one of Asia's biggest artificial intelligence bets. The stock rose 2.2% in Tokyo after falling to 5,310 yen on Tuesday.
Samsung, SK Hynix and SoftBank are crashing together: what changed overnight?
Samsung Electronics, SK Hynix and SoftBank plunged on Tuesday as investors worried about rising Chinese competition. Weakening confidence in AI returns and higher financing costs added to the pressure.
SK Hynix, SoftBank shares plunge as tech stocks in Asia track Wall Street sell-off
Asian technology stocks tumbled Tuesday as a sell-off in U.S. semiconductor shares spilled into regional markets. In this article SKHY
SoftBank seeks $100 billion from Gulf investors for AI expansion
SoftBank Group is seeking to raise as much as $100 billion from Gulf investors to finance a new wave of artificial intelligence investments, the Financial Times reported on Friday, citing people familiar with the matter. Founder Masayoshi Son has held preliminary discussions in recent weeks with senior figures, including in the United Arab Emirates, about the potential fundraising, which would support a fund to acquire companies and improve their operations using AI and advanced technologies.
SoftBank jumped 4% then crashed nearly 6%: what changed in just 24 hours?
SoftBank stock reversed sharply on Friday, wiping out the previous session's gain as investors shifted from celebrating its expanding OpenAI stake to questioning the cost and concentration behind that bet. The stock closed Thursday at ¥6,701, up 4.21%, before falling to about ¥6,324 on Friday, down 5.63%.
SoftBank shares jump over 7% after $11.1 billion bond issuance to fund OpenAI bet
SoftBank issued $11.1 billion in dollar- and euro-denominated bonds. The proceeds will help fund a $10 billion payment for the final tranche of its $30 billion follow-on investment in OpenAI.
SoftBank doubles down on OpenAI with $11 billion debt: what it means for the stock
SoftBank Group is returning to debt markets to finance its expanding bet on OpenAI, launching more than $11 billion of bonds as founder Masayoshi Son pushes deeper into artificial intelligence. The Japanese investment group plans to sell $10 billion of dollar notes alongside €1 billion of euro debt, with most proceeds earmarked for a third $10 billion follow-on payment to OpenAI.
Grab to Buy Majority Stake in SoftBank-Backed Atome for About $1.5 Billion
Grab has agreed to buy a 60% stake in Atome Financial for $1.49 billion in cash.
SoftBank stock jumps 5% while yen strengthens: why that combination is unusual
SoftBank stock jumped 5% on Wednesday, extending its September rally even as the yen strengthened towards its highest level in nearly seven months. The stock traded at ¥6,884 around 10:15 JST, up from ¥5,001 on September 3, a gain of almost 38%.
CEO Who Just Sold His Data Center Firm to SoftBank for $4 Billion Is Warning of a Late 1990s Moment
Marc Ganzi has spent three decades building digital infrastructure into an institutional asset class.
SoftBank-backed SB Energy moves closer to public markets with US IPO filing
SB Energy, a data center and power infrastructure developer backed by SoftBank , revealed the paperwork for its U.S. initial public offering on Tuesday.
The $5.5 Billion Perk SoftBank's Data-Center Venture Offered to Land OpenAI
SB Energy's agreement deepens its financial ties with the artificial-intelligence company in an effort to build out projects.
