SoftBank Group shares rose as much as 3.7% in Tokyo on Tuesday after the tech investment giant reported a net profit of $3.49 billion for the three months to March, significantly outperforming analyst
The Japanese company has been making bigger investments as tech stocks have risen thanks to enthusiasm over artificial intelligence.
Softbank's Vision Fund business posted a loss in the fiscal year ended March as it posted slowing gains at its massive tech investment arm.
Japanese investment conglomerate SoftBank Group booked a net profit of 517 billion yen ($3.49 billion) for January-March as its telecommunications holdings performed well.
It's been three months since SoftBank's Masayoshi Son and OpenAI co-founder Sam Altman promised during a White House briefing to swiftly deploy $100 billion, and raise that figure to $500 billion over
SoftBank's lofty artificial intelligence ambitions are reportedly colliding with the harsh reality of tariffs. The Japanese conglomerate's plan to invest $100 billion in AI infrastructure in the Unite
Japanese technology investor SoftBank Group is expected to book a quarterly net loss of 26.9 billion yen ($184.4 million) on Tuesday as early-stage tech startups fell out of favour and losses widened

Cantor, Tether, SoftBank Back New Bitcoin Firm

01:25pm, Wednesday, 23'rd Apr 2025
A new Bitcoin company, similar to Michael Saylor's Strategy, is being launched by an affiliate of Cantor Fitzgerald along with stablecoin issuer Tether and SoftBank. Jack Mallers, CEO of the new firm
SoftBank-backed crypto venture Twenty One Capital said on Wednesday it has agreed for a business combination with blank-check vehicle Cantor Equity Partners in a $3.6 billion deal.
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of brokerage Cantor Fitzgerald, is partnering with SoftBank , Tether and Bitfinex to create a multibillion-dollar bitcoin acqui

OpenAI accuses Musk of harassment in lawsuit

08:40am, Friday, 11'th Apr 2025
OpenAI has filed a countersuit against Elon Musk, accusing him of attempting to damage the company through “harassing legal claims” and a “sham” $97.4 billion takeover bid. The AI firm, which
Precious metals stocks led the FTSE 100 higher on Friday, with Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) and Fresnillo PLC (LSE:FRES) the top risers, after gold surged to a fresh all-time h
Japanese technology investment group SoftBank Group plans to raise 600 billion yen ($4.10 billion) by issuing bonds to retail investors, it said in a filing on Monday.
Amir Anvarzadeh, market strategist at Asymmetric Advisors, discusses OpenAI's $40 billion funding round and the outlook for Japanese stocks.

OpenAI Finalizes $40 Billion Funding Round

02:49pm, Tuesday, 01'st Apr 2025
Bloomberg's Seth Fiegerman explains OpenAI's complex new funding round that values the company at $300 billion and makes SoftBank the biggest backer of the ChatGPT maker. He speaks with Caroline Hyde
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE