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Benzinga
Benzinga
Business
Kaustubh Bagalkote

SoftBank Rockets 10% On Tokyo Exchange As Oracle's $455 Billion AI Stargate Deals Spark Investor Frenzy

Softbank,Sign,At,Softbank,Vision,Fund,Headquarters,In,Silicon,Valley.

SoftBank Group Corp. (OTC:SFTBY) (OTC:SFTBF) shares jumped 9.98% to 17,905 JPY ($121.14) on Thursday’s Tokyo trading session, building on massive year-to-date gains of 93.90% as investors bet on the company’s role in Oracle Corp.‘s (NASDAQ:ORCL) record-breaking artificial intelligence infrastructure deals.

Oracle’s $455 Billion Backlog Drives Market Optimism

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