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The Latest Breaking News from SoftBank Group

Nvidia, AI Bets Lift SoftBank To Profit After Brutal Year-Ago Loss

Japanese investment holding company SoftBank Group (OTC:SFTBF) (OTC:SFTBY) reported first-quarter results on Thursday. The company reported quarterly net sales of 1.82 trillion Japanese yen ($12.54 billion), up from 1.70 trillion yen ($11.71 billion) a year ago.

Benzinga

Japan tech giant SoftBank Group sees better fortunes on surging AI stocks

Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding from a loss a year earlier, as its investments benefited from the craze for artificial intelligence

The Independent UK

Elon Musk Doubles Down On OpenAI-Softbank Stargate Doubts—Says 'They Simply Don't' Have Money For The $500 Billion AI Infrastructure Push

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has renewed his skepticism over the ambitious Stargate project—a $500 billion AI infrastructure venture between OpenAI and SoftBank Group (OTC:SFTBF) (OTC:SFTBY)—saying the plan lacks actual financial backing.

Benzinga

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SoftBank's Masayoshi Son Sets Sights On Artificial Super Intelligence Domination With Bets On OpenAI And Ampere: 'I'm All In'

On Friday, SoftBank Group (OTC:SFTBF) (OTC:SFTBY) CEO Masayoshi Son said that he plans to position the company as the leading platform provider in the artificial super intelligence (ASI) sector within the next decade, aiming to rival major tech firms like Microsoft Corp. (NASDAQ:MSFT), Amazon.com, Inc. (NASDAQ:AMZN) and Alphabet Inc.'s (NASDAQ:GOOG)…

Benzinga

Japanese tech giant SoftBank records its first profit in 4 years

Japanese technology company SoftBank Group has posted its first profit in four years, as it raked in gains from its investment portfolios

The Independent UK

Japan's SoftBank Posts $7.8 Bn Annual Net Profit

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a bumper full-year net profit of $7.8 billion.

International Business Times

SoftBank to acquire Arm CPUs for datacenter firm Ampere in $6.5 billion cash deal

SoftBank buys Ampere for $6.5 billion in cash, may use them in Stargate datacenters.

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Japan's SoftBank reports loss weeks after announcing AI investment with U.S. President Trump

Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investments

The Independent UK

SoftBank and OpenAI set up joint company to push artificial intelligence services

Japanese technology giant SoftBank Group and OpenAI are stepping up their partnership in artificial intelligence, setting up a 50-50 held company called SB OpenAI Japan

The Independent UK

OpenAI Targets $340B Valuation In New Funding Round

Global tech investor SoftBank Group is in discussions to lead the round, with plans to contribute between $15 billion and $25 billion.

International Business Times

Global Shares Rise After Fed Decision To Hold Interest Rates

Global shares rise as U.S. Fed maintains rates. Investor uncertainty persists amid mixed sentiment. Market movements reflect cautious optimism.

Top News

Graphic designers are concerned about Trump's $500 billion AI investment

Creatives can’t agree on the industry’s future.

Creative Bloq

S&P 500 Posts a Record High on Tech Strength and AI Optimism

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.33%. March E-mini S&P futures (ESH25 ) are up +0.55%, and March E-mini Nasdaq futures...

Barchart

Stocks Rally on Leadership from Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.69%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.48%. March E-mini S&P futures (ESH25 ) are up +0.67%, and March E-mini Nasdaq futures...

Barchart

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Barchart

Stocks March Higher as Netflix and Oracle Soar

The S&P 500 Index ($SPX ) (SPY ) today is up +0.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.10%. March E-mini S&P futures (ESH25 ) are up +0.52%, and March E-mini Nasdaq futures...

Top News

Softbank To Invest 0 Billion In US AI Infrastructure

Japanese billionaire Masayoshi Son's SoftBank Group to invest 0 billion in U.S. AI infrastructure, creating 100,000 jobs. Positive reactions to strength...

The Independent UK

Why is tech giant SoftBank investing over $100 billion in the US?

Japanese tycoon Masayoshi Son has joined President-elect Donald Trump in announcing plans by technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States

International Business Times

SoftBank CEO To Invest $100B In US After Meeting Trump At Mar-a-Lago

SoftBank Group is promising a big investment in the United States during the next Trump administration

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Top News

Trump Urges Biden To Halt Border Wall Sales

President-elect Trump criticizes Biden's decision to sell unused border wall parts and emphasizes the need to preserve existing wall infrastructure. Trump ...

The Independent UK

Trump is to announce $100B SoftBank investment in the US

President-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home to announce that the company is planning to invest $100 billion in U.S. projects over the next four years

Top News

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.

The Independent UK

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

TechRadar

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.

Barchart

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...

Fortune

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.

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