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 »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 …
Read More »SoftBank made big bets on Amazon, Netflix and Tesla Stock in the second quarter
Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
Read More »Tesla’s shares have more than doubled this year. Why this investor is still a fanatic.
Text size The Tesla showroom and service center in Amsterdam. (Photo by JOHN THYS / AFP via Getty Images) AFP via Getty Images This conversation with Baillie Gifford’s partner and global equity chief James Anderson about Tesla’s shares is excerpted from Barron’s recent mid-year Roundtable, released on July 10. To …
Read More »