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SoftBank Group Posts Quarterly Profit

Reuters on MSN · 19h

SoftBank Group posts $2.87 billion net profit in first quarter

By Anton Bridge TOKYO (Reuters) -Japanese technology investor SoftBank Group logged a net profit of 421.8 billion yen ($2.87 billion) for the April-June quarter. The result compared with a net loss of 174.

MarketWatch · 1h

SoftBank Group Shares Surge After Quarterly Profit Beat

SoftBank Group shares rose to a record intraday high after a better-than-expected first-quarter profit, mainly due to a recovery in its tech funds business. Shares were last up 13% at 14,135 yen, a record intraday high,

CNBC on MSN · 19h

SoftBank Vision Fund posts $4.8 billion gain to drive second straight quarter of group profit

The Japanese giant reported 421.8 billion yen ($2.87 billion) in the quarter ended June, versus 127.6 billion yen expected, according to LSEG consensus estimates. It is the second straight quarter of profit for SoftBank. The company reported a 174.28 billion yen loss in the same period last year.

Nvidia, AI Bets Lift SoftBank

Nvidia, AI Bets Lift SoftBank To Profit After Brutal Year-Ago Loss

Japanese investment holding company SoftBank Group (OTC:SFTBF) (OTC:SFTBY) reported first-quarter results on Thursday. The company reported quarterly net sales of 1.82 trillion Japanese yen ($12.54 billion),

The Financial Times · 16h

SoftBank’s $2.9bn profits buoyed by Nvidia investment

SoftBank made a net profit of $2.9bn in its first quarter boosted by its investment in Nvidia as Masayoshi Son’s technology group ploughs billions into artificial intelligence companies. The Tokyo-based tech conglomerate reported net income of ¥422bn ($2.

Bloomberg on MSN · 19h

SoftBank Swings to Profit on Nvidia Bet Ahead of Big AI Campaign

SoftBank Group Corp. swung to a profit in the June quarter, bolstered by gains in its holdings including Nvidia Corp. and Coupang Inc., in a boost for founder Masayoshi Son’s planned bets on artificial intelligence technologies.

16hon MSN

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 ...

1h

Japan's Topix tops 3,000 for first time as SoftBank surges 10%

Japan's Topix index rose above the psychological 3,000-point mark on Friday for the first time ever, as favourable earnings ...

3h

SoftBank's $500Billion Stargate AI Project Hits A Roadblock

SoftBank Group (SFTBY) just admitted its $500 Billion Stargate AI tie-up with OpenAI is moving at a glacial pace.On the ...

8h

Apollo Boosts SoftBank Loan to a Record-Breaking $5.4 Billion

Apollo Global Management Inc. is increasing a landmark loan it made to SoftBank Group to $5.4 billion, a new record for a ...

11hon MSN

SoftBank acknowledges Stargate project requires more time

SoftBank Group ( OTCPK:SFTBY) ( OTCPK:SFTBF) said it is taking longer than expected to get the Stargate project off the ...

1don MSN

SoftBank's AI investment spree to be in focus on at Q1 earnings

When Japan's SoftBank Group reports earnings on Thursday, its mammoth investments in artificial intelligence companies are ...

17hon MSN

SoftBank Concedes Stargate Project With OpenAI Needs More Time

SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time ...

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