Tokyo: Softbank Group Corpo. 9984 4.45% Large quarterly profits ride red-hot stock markets behind the benefits of its 100 100 billion Vision Fund and its billion 10 billion investment. Investors in Japanese technology said Monday it posted a net profit of 1. 1.17 trillion, equivalent to about 11 11 billion, …
Read More »Why is Alibaba’s stock plunge bad news for Softbank?
The size of the text Getty Images by Charlie Tribune / AFP A sharp drop in shares of Alibaba Group on Thursday came on the heels of news that China is investigating e-commerce giant on issues of antitrust, whose shares have risen. Softbank Group, Japan-based holding company that is Alibaba’s …
Read More »Nvidia’s deal for Arm could mean a real challenge for Intel and AMD, but it is likely to face opposition
Nvidia Corp.’s bold 40 40 billion deal to buy chip designer Arm Holdings Intel Corp. in the data-center market. And Advanced Micro Devices Inc. . NVIDIA NVDA, + 5.81% NVDA, + 5.81% NVDA, + 5.81% – best known for its graphics chips for gamers and servers – said Sunday it …
Read More »Nvidia and Softbank Arm Holdings are each winners in the 40 40 billion deal
Id 40 40 billion The upcoming sale of Arm Holdings to Nvidia Corp could have a far-reaching impact on the global semiconductor industry, pushing one of its top flyers and another big trust by Softbank Group Corp. The Japanese technology organization said late Sunday that it had reached a deal …
Read More »Tech giants fueled a powerful market rally on the condition of a softbank
Seeing vertigo-induced growth in tech stocks and Thursday’s fall, investors are booming with a single trade, a huge but shadowy trust can be placed on Silicon Valley that could pull the market with it. The investor behind that trade, according to those familiar with the matter, is Japan’s Softbank 9984 …
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