BUSINESSJul 3 · 13:50 UTCQUARTZCris Tolomia

SoftBank surges past Toyota to become Japan's most valuable company on the AI rally

SoftBank's stock rose 14% on Monday, increasing its market cap to over ¥48 trillion and surpassing Toyota as Japan's most valuable company. The surge is attributed to AI-driven market enthusiasm reshaping Japan's corporate hierarchy.

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