SoftBank leads decline in Japanese tech stocks as worries over AI spending spill over to Asia
TOKYO, JAPAN – FEBRUARY 03: SoftBank Group CEO Masayoshi Son delivers a speech during an event titled “Transforming…
World shares are mixed on hopes for Fed interest rate cut
MANILA, Philippines (AP) — World shares were mixed on Thursday, after U.S. stocks rose to near their records…
SoftBank’s Son ‘was crying’ about the firm’s need to sell its Nvidia stake AI Bets
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in…
Investors suffer from whiplash as AI stocks gyrate
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov.…
Japan’s SoftBank sells its shares in Nvidia for $5.8 billion
TOKYO (AP) — Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8…
SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato…
How Saudi Arabia is diversifying away from oil — and betting big on AI
President and CEO of Saudi’s Aramco, Amin H. Nasser, speaks during the Future Investment Initiative (FII) in Riyadh,…
Wall Street’s feverish rally takes a break as US stocks and gold pull back from their records
NEW YORK (AP) — Wall Street took a pause on Thursday as U.S. stocks and even the price…
SoftBank to buy ABB robotics unit for $5.4 billion in AI push
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company’s annual general meeting…
Softbank Builds on AI Investments With $2 Billion Intel Partnership
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. The companies say the new arrangement,…