Softbank Group Stock News

Dallas-based content monetization platform LTK designed to help social media influencers maximize market potential by making their posts Continue reading on Medium »

Alexandra Sternlicht / Forbes : LTK, a marketplace for creators, raises $300M from SoftBank''s Vision Fund, valuing it at $2B, and says 130+ influencers have become millionaires on the platform In a sign that the retail model is being radically disrupted, the SoftBank Vision Fund is taking a $300 million stake in LTK

When LTK launched in 2011, phrases like influencer marketing or the creator economy weren''t common, but fashion blogger Amber Venz Box faced the same struggles that

When LTK launched in 2011, phrases like “influencer marketing” or “the creator economy” weren’t common, but fashion blogger Amber Venz Box faced the same struggles that internet personalities face today. How do you convert unpaid hours writing posts, shooting photos, editing videos and building a following into a viable career? Amber Venz Box started LTK […]

Softbank is looking to sell Arm to US chip giant Nvidia for £30billion but the deal has faced opposition and a string of regulatory investigations.

The post Nvidias latest earnings report is the nail in the coffin for $40 billion ARM deal appeared on BitcoinEthereumNews.com . Nvidias (NVDA) $40 billion deal to purchase the U.K.-based chip developer ARM from SoftBank is all but dead. Thats at least what Susquehanna senior equity analyst Chris Rolland took away

SenseTime has got the green light from the Hong Kong stock exchange to proceed with its flotation, according to people familiar with the transaction, taking the largest artificial intelligence (AI) company in China a step closer to its US$2 billion initial public offering.A launch of the deal before the year-end would put SenseTime backed by SoftBank Group, Temasek Holdings and Alibaba Group Holding, the owner of the Post in potential competition with another mega-sized issuer, China

Some of the key speakers in the event include Reliance Industries Chairman and MD Mukesh Ambani, SoftBank Chairman and CEO Masayoshi Son and Infosys co-founder Nandan Nilekani.

General trend EUR/USD trades slightly lower after prior gain. Copper FUTs rise over 1%. US equity FUTs rise after mixed session on Wall St. US Fed Chair announcement in focus. Nikkei has traded modestly higher, little reaction seen to stimulus confirmation; Index heavyweights lag [Fast Retailing and Softbank Group]. Hang Seng TECH index has dropped [] The post UK Retail Sales Due Later Today appeared first on Action Forex .

SoftBank Group Corp. (OTCMKTS:SFTBF) was the recipient of a significant increase in short interest in October. As of October 29th, there was short interest totalling 979,300 shares, an increase of 115.2% from the October 14th total of 455,000 shares. Based on an average daily volume of 17,600 shares, the days-to-cover ratio is currently 55.6 days. []

SoftBank Group Corp (OTC: SFTBY ) (OTC: SFTBF ) and Alibaba Group Holding Ltd (NYSE: BABA ) backed Indian fintech giant Paytm lost more than 27% on its trading debut, TechCrunch reports . The 11-year-old company has sold itself as India''s equivalent to Chinese financial groups like Alibaba-backed Ant, with businesses in everything from mobile payments, insurance, bank deposits and remittances, and fantasy sports to gold trading, Financial Times reports . However, domestic institutions, … Full story available on Benzinga.com

India''s Biggest Ever Initial Public Offering Crashes 27% On IPO Day Just like the rest of global equity markets, 2021 has been a monumental year for Indian stocks and it culminated overnight with the nation''s biggest ever IPO, when One97 Communications Ltd, the entity that operates Indian digital payments platform Paytm, went public at a price of 2,150 rupees per share, the top of a marketed range. The digital payments company raised 183 billion rupees ($2.5 billion), India''s largest ever IPO when measured in local currency, surpassing Coal India''s in 2010. That IPO was worth 155 billion rupees ($3.48 billion), according to data from Refinitiv Alas, the party then quickly died when PayTM shares opened below the 2,150 rupees ($28.60) issue price, before closing down a whopping 27% at 1,564 rupees ($21). According to some analysts, the post-break flop reflects fears about Paytm''s business: the company, which is now worth almost $14 billion, lost hundreds of millions of dollars last year and seems far from ready to turn a profit.

TOKYO: Japanese shares reversed early gains on Wednesday as concerns over rising costs and a weaker yen outweighed gains made by technology heavyweights after a strong finish on Wall Street. The Nikkei share average fell 0.4% to 29,679.68 by 0201 GMT, while the broader Topix lost 0.55% to 2,039.51. Earlier in the session, the Nikkei had gained 0.3% and the Topix had risen 0.2%. Overnight, all the three major indexes on Wall Street closed higher on the back of upbeat retail sales data. Japanese shares rise on bargain hunt, cost worries hurt risk appetite "The yen''s weakness against the dollar is good for some companies but also a negative factor for others. Now, investors are focusing on the latter, especially because materials costs are rising," said Yutaka Miura, a senior technical analyst at Mizuho Securities. "But declines in Japanese shares are limited thanks to the solid performance of the US market." The dollar rose to a 16-month high overnight after data showed US consumers looked past rising prices and drove retail sales higher than expected last month.

We need to be faster due to competition, many investors can now put $100-300 million in India: SoftBanks Munish Varma