Tag Archives: SoftBank

Key Takeaways SoftBank on Tuesday said it raised nearly $6 billion selling its stake of Nvidia shares. But it’s using those and other funds to invest in OpenAI, so the Japanese company isn’t getting out of the AI business. SoftBank is out of Nvidia stock—but not the AI trade. The Japanese company in a Tuesday statement said it sold 32.1 …

Stocks to Watch Tuesday: SoftBank, Nebius, Paramount, CoreWeave  The Wall Street Journal Stocks making the biggest moves premarket: Nvidia, Paramount Skydance, Rigetti Computing & more  CNBC CoreWeave, Nvidia, Rigetti, Rocket Lab, Nebius, BigBear.ai, and More Stock Market Movers  Barron’s Biggest stock movers Tuesday: BBAI, RKLB, and more (NASDAQ:PSKY)  Seeking Alpha Nvidia, CoreWeave and AMD fall premarket; Paramount Skydance rises  Investing.com Source link

Nvidia Stock Drops After SoftBank Dumps Stake  Barron’s SoftBank sells its entire stake in Nvidia for $5.83 billion  CNBC SoftBank’s $5.8 billion Nvidia stake sale stirs fresh AI bubble fears  Reuters SoftBank Sells Its Nvidia Stake for $5.8 Billion to Fund OpenAI Bet – WSJ  The Wall Street Journal Softbank dumps its entire Nvidia portfolio worth $5.8 billion as its CEO goes all-in on …

SoftBank Sells Its Nvidia Stake for $5.8 Billion to Fund OpenAI Bet  The Wall Street Journal SoftBank sells its entire stake in Nvidia for $5.83 billion  CNBC SoftBank cashes out $5.8bn Nvidia stake to fund OpenAI bet  Yahoo Finance SoftBank fully cashed out its Nvidia stake for an even bigger AI bet  MarketWatch Japan’s SoftBank says it has sold its shares in Nvidia for …

TOKYO (AP) — Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. It also reported its profit nearly tripled in the first half of this fiscal year from a year earlier. Tokyo-based SoftBank Group Corp. said it sold the stake in Silicon Vally-based Nvidia in October, a move …

(Bloomberg) — SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.83 billion to help bankroll envisioned AI investments at a time investors are questioning the sheer amounts of capital chasing a technology with uncertain future returns. Most Read from Bloomberg The Nvidia stake sale highlights how founder Masayoshi Son needs money to chase a plethora of projects …

Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son pose during an AI event in Tokyo on November 13, 2024. Akio Kon | Bloomberg | Getty Images Japanese conglomerate SoftBank said Tuesday it has sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion. The firm said in its earnings statement that it sold …

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025.  Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range of AI investments across infrastructure, …

A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Shares in Japan’s SoftBank Group plunged more than 14% Wednesday amid a broader drop in Asian AI-linked companies, tracking declines in U.S. peers, as investors turned wary of stretched valuations …

Strong customer value proposition by combining ABB Robotics’ leading technology and industry expertise with SoftBank’s state-of-the-art capabilities in AI, robotics and next-generation computing Divestment for an enterprise value of $5.375 billion reflects long-term strengths of the robotics business and creates immediate value for ABB shareholders ABB to deploy divestment proceeds in line with its capital allocation principles Ad hoc Announcement …