Softbank . (japan) Stock News

Alibaba: SoftBank Is Not A Problem

SoftBank is looking at an initial public offering for Arm in which it might struggle to break even.

Now that Nivida (NVDA) has scrapped its proposed purchase of chip design firm Arm Holdings, Softbank (SFTBY) is looking to take it public, but those plans are in flux as a legal battle…

News of dispute comes as London Stock Exchange seeks to persuade SoftBank to reconsider its Nasdaq choice

Futures Reverse Overnight Rout As Doubts Emerge About Aggressive Fed Hiking After initially sinking sharply, with S&P futures dropping as much as 1% overnight on concerns that aggressive rate hikes from the Fed aimed at curbing stubbornly high inflation could plunge the US into recession and crash risk assets, US equity futures have recovered most of their losses after an overnight article from Bloomberg reported that the " Fed Doesn’t Yet Favor a Half-Point Hike or an Emergency Move " easing investor nerves that a massive hike is imminent. Contracts on the Nasdaq were also flat after earlier retreating as much as 1.2% as growth stocks are especially sensitive to rising rates and bond yields. Still, absent a powerful bounce today, the S&P 500 is set to snap a two-week winning streak. The benchmark S&P 500 has struggled to gain for three weeks in a row since November as the Fed signaled it was prepared to tighten monetary policy to rein in red-hot inflation, but strategists say a broader selloff across stock markets is unlikely.

SoftBank Group Corp''s (OTC: SFTBY ) (OTC: SFTBF ) U.K. chip designer Arm Ltd''s escalating battle at its renegade China unit has jeopardized its IPO ambitions, the Financial Times reports . The joint venture head, Allen Wu, has launched a third legal case against Arm China through one of his shareholder companies. Wu''s latest case aims to get reappointed to the Arm China board. It Full story available on Benzinga.com

(Bloomberg) -- One startup aims to become the go-to provider of chip design solutions for companies as more tech firms like Apple Inc. start to develop their own custom processors for PCs and servers to challenge industry mainstay Intel Corp.

Japanese investment giant has now led four $100-million-plus Canadian deals in the past year

Plunging profit, wobbly shares and a key executive’s departure after a bitter pay dispute beget the question: Will SoftBank rein in its freewheeling ways?

Japanese investment giant SoftBank is looking for a lot more deals in Canada after funding restaurant software vendor 7shifts

NYSE:BABA bounced back to positive territory for the year on Wednesday, as the Chinese eCommerce and tech giant shrugged off Mondays sell off. Shares

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TOKYO: Tokyo stocks opened higher on Thursday after solid gains on Wall Street as investor sentiment improves ahead of a key inflation reading later in the day. The benchmark Nikkei 225 index rose 0.82 percent, or 226.24 points, to 27,806.11 at the open, while the broader Topix index added 0.56 percent, or 11.00 points, to 1,963.22. "Selling is likely to be dominant (in the Japanese market) after gains of US shares," Mizuho Securities said in a note. "But after completing a round of buying, a wait-and-see mood will spread ahead of the US inflation report and Japan''s three-day weekend," the investment bank predicted. Tokyo stocks close higher with eyes on earnings In New York, the Dow Jones Industrial Average finished up 0.9 percent. The S&P 500 gained 1.5 percent, while the tech-rich Nasdaq index jumped 2.1 percent. The dollar exchanged hands in Asian trade at 115.60 yen against 115.52 yen on Wednesday in New York. In Tokyo trading, tech shares were higher, with Tokyo Electron, which produces tools to build semiconductors, gaining 2.45 percent to 57,510 yen and chip-testing equipment maker Advantest jumping 3.96 percent to 9,710 yen.

Shares in Alibaba traded up as much as 7% - the companys highest rise this year - in Hong Kong on Wednesday after SoftBank executives denied any involvement in Alibabas stock filling, a move which triggered analyst speculation that the investor was planning a possible sell-off of shares in the Chinese tech giant. SoftBank executives said the company wasnt responsible for the Alibaba share registration in a private post-result briefing on Tuesday, Bloomberg reported. Shares in Alibaba dipped earlier this week after the company registered one billion American depository shares with the US Securities and Exchange Commission. [ Bloomberg ]

Shares of Japan''s SoftBank Group surged more than 5% on Wednesday after it announced a day earlier that it will seek a potential listing for its Arm unit.