SoftBank Corp. Unsponsored ADR (SOBKY)
SoftBank Vision Fund posts $3.96 billion quarterly gain: what drove the surge?
SoftBank Group reported a robust 608.5 billion yen ($3.96 billion) gain on its Vision Fund investments in the fiscal second quarter, marking a significant upswing after returning to profitability in the prior quarter.
SoftBank posts blowout quarterly gains at Vision Fund tech arm
The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.
SoftBank back to quarterly profit with $7.7 billion gain
Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.
SoftBank expected to book $1.87 bln profit on IPOs
Japanese technology investor SoftBank Group is expected to report a 287 billion yen ($1.87 billion) quarterly profit on Tuesday, boosted by successful portfolio company listings even as a stronger yen dampened foreign currency-denominated gains.
SoftBank Corp. (SOBKY) Q2 2024 Earnings Call Transcript
SoftBank Corp. (OTCPK:SOBKY) Q2 2024 Earnings Conference Call November 8, 2024 2:00 AM ET Company Participants Kazuhiko Fujihara - Director, EVP and CFO Junichi Miyakawa - President and CEO Conference Call Participants Satoru Kikuchi - SMBC, Nikko Securities Daisaku Masuno - Nomura Securities Kazuki Tokunaga - Daiwa Securities Operator Thank you very much for waiting. We would like to start SoftBank Corporation Earnings Results Presentation for the Six Months Ended September 30, 2024.
SoftBank CEO Masayoshi Son Says Nvidia Is Undervalued. Here's Why I Disagree.
SoftBank CEO Masayoshi Son recently told investors that he thinks Nvidia stock is undervalued.
SoftBank's Son says artificial super intelligence to exist by 2035
SoftBank Group CEO Masayoshi Son reiterated his belief in the coming of artificial super intelligence (ASI) on Tuesday, saying it would require hundreds of billions of dollars of investment to realise.
SoftBank's Son Says Artificial General Intelligence to Be Achieved in a Few Years
SoftBank Group Chief Executive Masayoshi Son said he believed artificial general intelligence, in which computers have human-level cognitive abilities, would be achieved in two to three years.
SoftBank's Bold AI Vision: AI Butlers and Investment in OpenAI
SoftBank Group founder Masayoshi Son has outlined an ambitious timeline for the widespread adoption of artificial intelligence (AI), envisioning the advent of AI butlers in the near future. Speaking at an annual forum for corporate clients, Son described a future where AI can monitor family health, contact doctors when necessary, handle shopping and appointments, evaluate investment strategies, and even tutor children.
SoftBank: A Behind-the-Scenes Account
Former President and CFO of SoftBank Group International Alok Sama is out with a new book taking a look at what goes on behind the scenes of deals made by the powerhouse that is SoftBank - the tech investor that backed the likes of Arm, Nvidia, TikTok, Uber, Alibaba and WeWork. He joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
SoftBank to invest $500 million in OpenAI
CNBC's Becky Quick reports on the latest news.
SoftBank to Invest $500 Million in OpenAI Amid Larger Funding Round
Federal Reserve Chairman Jerome Powell stated that the central bank isn't in a hurry to make moves and will lower interest rates "over time," emphasizing the overall economic strength. He reiterated his belief that inflation will continue to move towards the Fed's 2% target.
