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The Latest Breaking News from SoftBank Group

Softbank To Invest 0 Billion In US Projects

SoftBank Group plans 0 billion investment in US projects, creating 100,000 jobs with a focus on AI technologies.

Top News

Japan's SoftBank returns to profit after gains at Vision Fund and other investments

Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments

The Independent UK

Arm's bigger brethren? Founder of Softbank seeks $100bn war chest to build AI chip behemoth to rival Nvidia, Intel — but is it too little, too late?

Masayoshi Son, the founder of Softbank Group, wants to create a $100bn chip rival to Nvidia.

TechRadar

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Markets Today: Stocks Grind Higher as Santa Claus Rally Continues

Morning Markets March E-Mini S&P 500 futures (ES H24) are up +0.06%, and March Nasdaq 100 E-Mini futures (NQH2 4) are up +0.11%. Stock index futures this morning are slightly higher amid thin holiday-season trading. According to Bloomberg data, trading volume across U.S. exchange-traded funds was 35% lower than the...

Barchart

Arm’s IPO strategy is rewarded to the tune of a $65 billion valuation

The Arm IPO is considered a bellwether for the health of the overall market for new issues.

Fortune

SoftBank's Arm will trade later Thursday

Arm, majority owned by SoftBank, delivered the year's biggest IPO this year.

Fortune

Why Arm is poised to have the largest IPO this year

Its chips are used in just about every smartphone today.

Fortune

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What's the Better Foreign Telecom Stock? VEON Ltd. (VEON) vs. SoftBank Group (SFTBY)

The telecom industry is well-poised for robust long-term growth, driven by high demand for efficient data connectivity and managed services amid rapid digital transformation worldwide. Foreign telecom stocks VEON (VEON) and SoftBank (SFTBY) should benefit from the industry’s promising growth prospects. But let’s find out which of these stocks is…

StockNews.com

Japan tech investor SoftBank sinks into second year of losses

Japanese technology investor SoftBank Group is reporting a loss of 970 billion yen, or $7 billion, for the fiscal year that just ended

The Independent UK

SoftBank Group founder Masayoshi Son meets startup founders in Delhi

NEW DELHI: Billionaire investor and SoftBank Group Founder Masayoshi Son on Tuesday met founders and CEOs of some prominent startups during his day-long visit to the national capital, according to sources.

The Times of India

Japan's SoftBank returns to profit as investments rebound

Japanese technology investor SoftBank Group has reported a 3 trillion yen, or $21 billion, profit for the July-September quarter, a sharp reversal from its loss a year ago

The Independent UK

Japan Tech Giant Softbank Posts $23 Billion Quarterly Loss

Japanese technology company SoftBank Group posted a $23.4 billion loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rates. SoftBank Group Corp.’s loss of 3.16 trillion yen was a reversal from its 762 billion yen profit in the same quarter…

Asharq Al-Awsat

Japan tech giant SoftBank posts $23 billion quarterly loss

Japanese technology company SoftBank Group posted a $23 billion loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rates

The Independent UK

Owner of UK chip designer Arm says London still in running for flotation

SoftBank chief has been lobbied to bring public offering to the UK but says Nasdaq still his ‘main preference’

The Guardian - UK

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The Independent UK

Japan's SoftBank sinks to losses as investments sour

Japanese technology company SoftBank Group has dropped into losses as the value of its investments declines

Benzinga

South Korean Chipmaker Weighs Arm Takeover Options

South Korean chipmaker SK Hynix Inc (OTC:HXSCL) CEO admitted to weighing a consortium to acquire British semiconductor company Arm Ltd, Reuters reports citing Yonhap news agency. “I don’t believe Arm is a company that could be bought by one company,” SK Hynix Vice-Chair and co-CEO Park Jung-ho admitted, FX Empire reports. SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF) looked…

The Independent UK

Executive overseeing investments leaves Japan's SoftBank

Marcelo Claure, who joined SoftBank Group after turning around one of its key investments, office-sharing business WeWork, is leaving

Benzinga

Nvidia Quietly Looks To Dump Its Arm Ambitions

NVIDIA Corp (NASDAQ:NVDA) is quietly preparing to abandon its purchase of Arm Ltd from SoftBank Group (OTC:SFTBY) (OTC:SFTBF) on bleak prospects of winning approval for the $40 billion chip deal, Bloomberg reports. Nvidia expressed pessimism to its partners regarding the deal's success. SoftBank, meanwhile, is stepping up preparations for an Arm initial public offering…

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Benzinga

Why Nvidia Shares Are Sliding Today

NVIDIA Corp (NASDAQ: NVDA) is trading lower Tuesday morning following a report from Bloomberg suggesting the company is quietly preparing to abandon its purchase of British semiconductor company Arm Ltd. from SoftBank Group.

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