News

How SoftBank’s Masayoshi Son became Donald Trump’s favoured foreign investor

Son has been cultivating close ties to Trump ever since the president’s first term, visiting the White House repeatedly, chatting on the golf course and promising jobs and investment through the kind ...

Intel’s (INTC) Raise from SoftBank Not Enough, Truist Sees Long Road Ahead

Intel Corp. (NASDAQ:INTC) is one of the best data center stocks to buy now. On August 19, SoftBank Group announced a $2 billion investment in Intel Corp. (NASDAQ:INTC), agreeing to purchase new shares ...

OpenAI staffers to sell $6 billion in stock to SoftBank, other investors

Current and former OpenAI employees plan to sell approximately $6 billion worth of shares to an investor group that includes ...

Intel stock surges 10% as SoftBank takes $2 billion stake in ailing chip company

Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...

Japan tech giant SoftBank Group sees better fortunes on surging AI stocks

Japanese technology conglomerate SoftBank Group has reported a $2.9 billion profit for the April-June quarter, rebounding from a loss a year earlier, as its investments benefited from the craze for ...

SoftBank Group swings to profit in first quarter, Stargate timeline delayed

Japanese technology investor SoftBank Group on Thursday booked a net profit of $2.87 billion in the first quarter, driven by gains among larger listed investments in its Vision Fund portfolio.

SoftBank Makes Surprise $2 Billion Bet on Intel’s AI Revival

SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while ...