Softbank
Coverage of Softbank in the Nexus archive.
- Asian stocks are mixed after Wall Street losses following economic updates
Asian stocks were mixed following modest losses on Wall Street, partially due to Nvidia's earnings report confirming strong demand for advanced AI chips. While South Korea’s Kospi rose 1.5% and Taiwan’s Taiex index added 0.5%, Hong Kong’s Hang Seng fell 0.4%. Separately, the U.S. economy grew at a revised pace of 1.5%, but inflation was reported at 3.7%, remaining above the Federal Reserve's 2% goal.
- Asian stocks are mixed after Wall Street losses following economic updates
Asian stocks were mixed on Thursday after Wall Street experienced modest losses, though U.S. futures rose following Nvidia's strong earnings report driven by advanced AI chip demand. Key markets showed gains in South Korea and Japan amid the global AI frenzy, while other economies reported varying data, including China slowing industrial profits and the U.S. economy growing at a 1.5% pace.
- World shares mostly gain and oil prices slip as the US raises pressure on Iran
Shares in Europe and Asia were mostly higher on Tuesday following U.S. stocks' mixed finish. Oil prices slipped after the U.S. Treasury Secretary announced new sanctions against Iran and warned of retaliation for countries continuing business with the Islamic Republic. Key markets saw gains, including Germany's DAX and Tokyo's Nikkei 225.
- Asian shares mostly gain and oil prices hold steady as the US raises pressure on Iran
Asian shares were mostly higher, while oil prices fell following fresh sanctions announced by U.S. Treasury Secretary Scott Bessent against Iran. US stocks had mixed movements, with tech concerns driving some major indices lower, even as the S&P 500 and Dow Jones Industrial Average posted gains.
- Asian shares advance, led by a nearly 6% gain for South Korea’s Kospi
Asian shares advanced on Thursday, with South Korea’s Kospi jumping nearly 6%, supported by positive market sentiment following announcements regarding U.S. government debt purchases. Gains were evident across major markets, including Japan's Nikkei 225 and Hong Kong's Hang Seng, while key companies like Samsung Electronics and SK Hynix recorded significant surges.
- Asian shares gain, with South Korea's Kospi up 6%, after the US Treasury expands its debt buybacks
Asian shares advanced following the US Treasury Department's announcement that it would at least double its planned purchases of longer-term government debt. This move was viewed as easing pressure on share prices by pushing bond prices higher and bringing down yields. Major indices saw gains, with South Korea’s Kospi jumping 6.1%, and memory chipmakers like Samsung Electronics and SK Hynix reporting significant jumps.
- SoftBank put two-thirds of its U.S. stock portfolio into Intel, SEC filing shows
SoftBank invested two-thirds of its U.S. stock portfolio into Intel, a fact revealed by an SEC filing. As of June 30, the Japanese investment group held 86.9 million shares of Intel. This substantial holding, valued at $12.1 billion, dwarfed all other U.S. equity positions within its portfolio.
- SoftBank posts profit beat boosted by stakes in Intel and TikTok-owner ByteDance
SoftBank reported its profit for the fiscal first quarter, resulting in a beat against market expectations. This positive financial outcome was noted as being boosted by stakes held in Intel and TikTok-owner ByteDance.
- SoftBank-Backed OfBusiness Is Said to Explore Reviving India IPO
OFB Tech Pvt, operator of the OfBusiness platform backed by SoftBank, is considering reviving plans for an initial public offering that could raise up to $800 million.
- SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally
SoftBank's stock rose 10% as Asian technology stocks rallied following Wall Street's strong performance, driven by optimism surrounding artificial intelligence and growth stocks.
- SoftBank, Hitachi, LG back Zenity’s $125 million round to police AI agents
Zenity, an Israel-based cybersecurity startup, raised $125 million in a Series C funding round led by Norwest, with participation from SoftBank Vision Fund 2, Hitachi Ventures, and LG Technology Ventures. The funding aims to secure AI agents in corporate systems by monitoring their real-time actions to prevent deviations from intended purposes.
- South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks
South Korea’s Kospi index surged over 14% as chipmaking stocks rebounded, driven by AI-related gains and Microsoft's strong earnings report. Samsung Electronics and SK Hynix saw significant share price increases, though the index remains below its June peak. The Nikkei 225 also rose, and the U.S. dollar fluctuated against the yen amid suspected Japanese market intervention.
- South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks
South Korea’s Kospi index surged over 16% driven by chipmaking stocks like Samsung Electronics and SK Hynix, rebounding after prior losses fueled by AI market concerns. The rally followed Microsoft's strong earnings, signaling AI investments are translating into profits, while Tokyo’s Nikkei 225 also rose 5.5%.
- South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocks
South Korea’s Kospi index surged 16.8% driven by gains in AI-related chipmaking stocks like Samsung Electronics and SK Hynix. The index had previously fallen over 16% due to concerns about an AI bubble and competition from China, but rebounded following Wall Street gains and a recovery in technology stocks.
- South Korea’s Kospi index jumps more than 15% on a surge of chipmaking stocks
South Korea’s Kospi index surged 15.3% driven by chipmaking stocks like Samsung Electronics and SK Hynix, reversing earlier declines linked to AI market concerns. The Nikkei 225 in Japan also rose 5%, while oil prices increased due to U.S.-Iran tensions and Hormuz Strait disruptions.
- South Korea’s Kospi index jumps more than 13% on a surge of chipmaking stocks
South Korea’s Kospi index surged 13.1% as AI-related stocks rebounded after losses, driven by gains in chipmakers like Samsung Electronics and SK Hynix. The index had previously dropped over 16% due to concerns about an AI bubble and competition from Chinese rivals. Tokyo’s Nikkei 225 also rose 4.9%, with SoftBank Group and Tokyo Electron seeing significant gains.
- South Korea’s Kospi index jumps more than 13% on a surge of chipmaking stocks
South Korea’s Kospi index surged 13.1% driven by AI-related stock rebounds, with Samsung Electronics and SK Hynix rising 19.3% and 22.6% respectively. The index had previously dropped over 16% due to AI bubble concerns and competition from Chinese chipmakers. Tokyo’s Nikkei 225 also rose 4.9%, with SoftBank Group and Tokyo Electron gaining 15.1% and 9.2%.
- South Korea’s Kospi index jumps more than 15% on a surge of chipmaking stocks
South Korea’s Kospi index surged over 15% driven by rebounds in chipmaking stocks like Samsung Electronics and SK Hynix after earlier losses due to AI bubble concerns and competition from China. Oil prices rose amid U.S.-Iran tensions and a closed Strait of Hormuz, while Asian and U.S. stock indices, including the Nikkei 225 and S&P 500, also climbed.
- Asian technology stocks extend sell-off with SoftBank down 7% as AI plays take a hit
Asian technology stocks experienced a sell-off with SoftBank declining 7%, while AI-related investments faced losses. Chinese internet companies listed in Hong Kong, including Tencent, Meituan, Baidu, and Kuaishou, saw increased trading values despite broader regional weakness.
- AI labs flock to the Bank of Jensen
Nvidia and Broadcom are providing financial backstops for AI labs OpenAI and Anthropic to secure leases for data centers, using their own creditworthiness as collateral. The article draws parallels to historical financial risks, such as AIG's role in the 2007 crisis, warning that spreading AI-related risks through major tech firms could create systemic vulnerabilities.
- Nvidia in talks to back $500B OpenAI data center — days after CEO Jensen Huang voiced support for controversial open-source AI used by China
Nvidia is in talks to back a $500 billion data center project for OpenAI, which is owned by SoftBank. This backing could enable OpenAI to secure more favorable debt terms. The move follows Nvidia's CEO Jensen Huang expressing support for a controversial open-source AI utilized by China.
- SoftBank Said Near Deal for Blackstone’s Japan Payments Firm
SoftBank Corp. is nearing an acquisition of SP.LINKS Inc., a payments service provider owned by Blackstone Inc., after securing preferred bidder status. The deal involves SoftBank acquiring Blackstone’s Japan-based payments firm.
- Shares skid in Asia in sell-off of AI-related shares as Brent oil tops $100 per barrel
Asian shares declined sharply amid a sell-off in AI-related stocks and rising Brent crude prices above $100 per barrel due to Middle East tensions. U.S. stock futures were mixed as concerns over AI investment bubbles, Trump's new tariffs, and geopolitical conflicts weighed on markets.
- Asian shares are mostly higher and Mideast tensions push Brent crude past $97
Asian shares rose with South Korea's Kospi up 4.4% and Tokyo's Nikkei gaining 0.5%, driven by AI-related stocks. Mideast tensions pushed Brent crude to $97.61, a 3.8% increase, while U.S. futures declined. The U.S. dollar reached 163.17 yen amid expectations of widening interest rate gaps between the U.S. and Japan.
- Asian shares are mostly higher and Mideast tensions push Brent crude past $96
Asian shares were mostly higher, driven by gains in AI-related stocks, while Mideast tensions pushed Brent crude oil prices above $96. The Kospi and Nikkei indices rose, but some markets like India and Taiwan saw declines.
- Asian shares are mostly higher and Mideast tensions push Brent crude past $96
Asian stock indices such as the Kospi and Nikkei rose, driven by AI-related investments and geopolitical tensions pushing Brent crude oil above $96. The U.S. dollar strengthened against the yen amid expectations of diverging interest rates between the U.S. and Japan.
- Jack Mallers Steps Down as CEO of Bitcoin Treasury Twenty One Capital
Jack Mallers has stepped down as CEO of Bitcoin treasury Twenty One Capital, succeeded by Raphael Zagury. The company, which listed on the NYSE seven months ago, aims to become an institutional-grade operating company focused on cash flow and capital allocation. Mallers will concentrate on his Bitcoin payments company, Strike.
- Asian shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs
Asian shares mostly gained, with South Korea's Kospi and Japan's Nikkei 225 rising after recent declines from AI stock sell-offs. Major chipmakers like Samsung Electronics and SK Hynix saw significant gains, while oil prices fell amid U.S.-Iran tensions in the Strait of Hormuz.
- Asian shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs
Asian shares mostly rose, with South Korea's Kospi and Japan's Nikkei 225 rebounding after declines linked to AI stock sell-offs. South Korean and Japanese tech firms like Samsung Electronics and Kioxia Holdings saw significant gains, while oil prices dipped amid U.S.-Iran tensions in the Strait of Hormuz.
- Asian shares mostly gain and South Korea and Japan recover some losses from AI stock sell-offs
Asian shares mostly gained, with South Korea's Kospi and Japan's Nikkei 225 rising after recent declines driven by AI stock sell-offs. Oil prices fell amid U.S.-Iran tensions in the Strait of Hormuz, while U.S. markets saw mixed performance with AI-related stocks recovering.
- Asian shares sink, with Tokyo down more than 5% as slumping AI stocks drag world markets lower
Asian shares fell sharply, with Tokyo's Nikkei 225 dropping 4% as AI-related stocks, including TSMC and Tokyo Electron, declined due to concerns over overvaluation and unsustainable demand. Oil prices rose amid Middle East tensions, while U.S. stocks like Nvidia and Micron Technology also fell.
- SoftBank sinks 8% as Japanese chip stocks track Wall Street AI sell-off
SoftBank's stock fell 8% as Japanese AI-linked stocks declined following a U.S. semiconductor shares sell-off. The downturn spread to Asia after Taiwan Semiconductor Manufacturing's outlook failed to calm investor concerns.
- Hyundai is buying out SoftBank to make Boston Dynamics a wholly owned subsidiary
Hyundai is acquiring SoftBank's stake in Boston Dynamics, making it a wholly owned subsidiary. The deal grants Hyundai full ownership of the robotics company and enhanced control over the Atlas humanoid robot program.
- Hyundai Motor deal with SoftBank for Boston Dynamics stake is as wild as the robot videos
Hyundai Motor is reportedly in a deal with SoftBank to acquire a stake in Boston Dynamics. The article suggests the transaction could either represent a bargain for Hyundai or indicate SoftBank's financial pressure.
- SoftBank Group’s CEO says $5 trillion a year needed globally to meet AI demand
SoftBank Group CEO Masayoshi Son claims $5 trillion annually is needed globally to expand AI infrastructure, dismissing concerns about an AI investment bubble. SoftBank reported a five-fold profit increase due to AI investments and recently launched a battery business to address rising electricity demand from AI use.
- ‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
SoftBank CEO Masayoshi Son dismissed concerns about an AI investment bubble, estimating $5 trillion annually is needed to meet AI demand. He predicted AI will transform global industries and generate profits, citing SoftBank’s AI-driven profits and investments in companies like OpenAI.
- SoftBank Group's CEO says $5 trillion a year needed globally to meet AI demand
SoftBank Group's CEO Masayoshi Son claims $5 trillion annually is needed globally to meet AI demand, dismissing concerns about AI investment bubbles. He predicts AI will transform industries and replace 20% of global GDP by 2040, with SoftBank investing heavily in AI-related ventures like OpenAI and next-generation energy infrastructure.
- SoftBank Group’s CEO says $5 trillion a year needed globally to meet AI demand
SoftBank Group’s CEO Masayoshi Son stated that $5 trillion annually is required globally to meet AI demand and dismissed concerns about an AI investment bubble.
- SoftBank Group's CEO says $5 trillion a year needed globally to meet AI demand
SoftBank Group CEO Masayoshi Son dismissed concerns about an AI investment bubble, stating $5 trillion annually is needed globally to expand AI infrastructure. He projected AI-related industries could account for 20% of global GDP by 2040, citing SoftBank's profits from AI investments and new ventures in data centers and electricity infrastructure.
- Oil prices jump as fighting flares in the Middle East, while Asian shares are mixed
Oil prices rose over 2% as Middle East fighting intensified, while Asian shares were mixed with Tokyo and Seoul indices rebounding. U.S. and Iran assert control over the Strait of Hormuz, disrupting oil tanker traffic and fuel prices. AI-related stock movements and China's export growth also influenced markets.