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Softbank Corp ADR (OP: SFTBY )

29.87 -0.93 (-3.02%)
Streaming Delayed Price Updated: 3:59 PM EDT, Oct 31, 2024 Add to My Watchlist
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SoftBank-Backed Jellysmack Restructures, Lays Off Employees, And Scales Back Creator Program On Meta Platforms
In a bid to restructure its operations, Jellysmack, a SoftBank Group-backed creator-economy startup, is laying off employees and reducing its creator program. 
Via Benzinga
Topics Workforce
Exposures Layoff
SoftBank's Masayoshi Son Predicts Artificial Superintelligence Within A Decade After Testing OpenAI's 'Strawberry' Models
Masayoshi Son, CEO of SoftBank, has forecasted the advent of artificial superintelligence within the next ten years. This revelation was shared during the SoftBank World 2024 conference. 
Via Benzinga
What's Going On With Intel Stock On Friday?
Intel rejects proposed takeover from Arm Holdings and plans to keep its business division. Intel's stock drops 31% while Taiwan Semiconductor gains 119%. 
Via Benzinga
SoftBank, Walmart-Backed Robotics Giant Sees $9B Wipeout In Founder's Wealth After Company Stock That Surged Nearly 325% Last Year Takes A Steep Decline
The company's value has now decreased to under $10 billion. 
Via Benzinga
Chinese Tech Giants Alibaba And Tencent Ramp Up AI Investments, With Nearly A Third Of Deals Since 2023 Aimed At AI Startups
Chinese tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd are significantly increasing their investments in artificial intelligence startups, despite a general decrease in their overall... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Consumer Tech News (Aug 11-Aug 17): Research Says TikTok Favors Chinese Government, Apple Plans Thinner Version Of iPhone 17 & More
A study suggests that ByteDance-owned social media platform TikTok's algorithm promotes content favoring the Chinese government. 
Via Benzinga
Tempus AI Soars To New Highs, Investments From Google And SoftBank Boost Bullish Sentiment
Tempus AI stock is at all-time high of $47.81, up 17.27% since IPO in June. SoftBank invested $189 million in the company. 
Via Benzinga
Topics Artificial Intelligence Initial Public Offering
Exposures Artificial Intelligence Securities Market
Nvidia AI Dominance Challenged By Asian Startups Betting On Energy-Efficient And Cost-Effective Silicon — 'Inference' And 'Training' Chips Emerge As Key Focus
Asian startups are challenging Nvidia's AI dominance by developing more energy-efficient and cost-effective chips for specific AI applications. These startups are targeting the gap in the market left... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
What's Going On With Nvidia Stock On Thursday?
Nvidia stock rises as SoftBank's plans to rival them with own AI chip production hit a roadblock, making their valuation more attractive. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Masayoshi Son's Plans To Rival Nvidia With SoftBank's Own AI Chip Production Hit A Roadblock As Intel Talks Reportedly Fall Through
SoftBank is now turning its attention to Taiwan Semiconductor Manufacturing Co. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Masayoshi Son-Led SoftBank Firm On AI Investment Amid Market Turmoil: 'There Will Be No Change To Our Financial Strategy For Fiscal 2024'
Amid a significant stock drop and market downturn, SoftBank Group has reaffirmed its commitment to artificial intelligence, emphasizing its belief in AI's transformative potential and maintaining a... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Masayoshi Son's SoftBank Announces $3.4B Share Buyback As Vision Fund Tech Arm Yields Investment Gains
SoftBank's earnings report comes amid market volatility. 
Via Benzinga
Japan Markets, US Futures Recover After Historic Plunge, Supported Amid Strong Service Sector And Employment Data From Tokyo
The Japanese stock market significantly recovered on Tuesday following a historic plunge, with other Asia-Pacific markets also showing signs of improvement. 
Via Benzinga
Nasdaq, R2K Futures Tumble Over 4%, VIX Spikes Over 100%, Bitcoin Plunges Hard As Global Sell-Off Deepens Amid Recession Fears
The stock market is on track to gap-open sharply lower on Monday as negative sentiment seen in the final two sessions of last week has carried over into the new week. The index futures were all sharply... 
Via Benzinga
Topics Economy Stocks
Exposures Economy US Equities
Nvidia Plunges Nearly 10% To Sub-$100 Level, Leading Other Semiconductor Stocks Lower In Premarket: Why Their Chips Are Down?
The global market meltdown seen Monday is being led by tech stocks as their reverse their steep ascent over the past year-and-a-half. 
Via Benzinga
3 Emerging Markets Tech Stocks With High Growth Potential
As interest rate cuts approach, emerging markets tech stocks stand out, with analysts predicting a broader market ahead. 
Via InvestorPlace
What's Going On With Arm Stock On Friday?
ARM Holdings' stock rises after Morgan Stanley upgrades it to Overweight, citing its potential in AI and data centers. Parent company Softbank plans to invest in AI and renewable energy, while analysts... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Nvidia Invests In AI Network Optimizer Arrcus
Investors, including Nvidia Corp. (NASDAQ: NVDA), have poured $27 million into networking software startup Arrcus Inc. to enhance its data traffic management platform. The funding round aims to support... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
7 Fintech Stocks That Could Be Multibaggers in the Making: July Edition
Among fintech stocks, the following seven may have the strongest upside potential as they capitalize on the digitalization of finance. 
Via InvestorPlace
Jeff Bezos And Masayoshi Son's SoftBank Lead $300M Funding Round For Startup Working On Developing 'General Purpose Brain' For AI Systems
The artificial intelligence company Skild AI has secured a substantial $300 million in Series A funding. This investment round was led by Jeff Bezos and Softbank, among others, and is aimed at... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
After Losing $150B Nvidia Opportunity, Masayoshi Son's SoftBank Acquires UK Chipmaker Graphcore In Major AI Push
SoftBank, led by Masayoshi Son, acquired UK-based chipmaker Graphcore to bolster its artificial intelligence capabilities. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Why GoPro Shares Are Gaining Today
GoPro's partnership with SB C&S in Japan expands market reach and enhances retail presence, driving GPRO shares higher on Tuesday. 
Via Benzinga
The 7 Best Under $10 Stocks to Buy in July 2024
We’re finding big opportunities in some of the best stocks under $10 a share. In fact, here are seven you may want to jump into now. 
Via InvestorPlace
Masayoshi Son's Shift From 'Defense' To 'Offense' Worked As Arm, AI Drive SoftBank Stock To 24-Year High
Masayoshi Son, SoftBank's founder, announced a shift from "defense" to "offense," focusing on AI opportunities. Here's how it turned out. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
3 Japanese Stocks You Can Still Buy on Sale
The top Japanese stocks look like a magnificent value as they look to ride on the back of a global economic recovery. 
Via InvestorPlace
Masayoshi Son's SoftBank Negotiates $10B Energy Project Funding With Banks: Report
The rapid advancement in technology, especially in generative artificial intelligence, has led to a surge in energy demand and data center investments. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
ARM Stock Analysis: Too Hot to Handle or Too Good to Miss?
Arm Holdings has been on a nice run higher this year. Let's dive into whether the party can continue for ARM stock moving forward. 
Via InvestorPlace
Masayoshi Son's SoftBank To Raise $1.86B Through Bond Issuance For AI Investment And Debt Repayment
The funds raised will be used for "repayment of indebtedness and for general corporate purposes." 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
SoftBank Bets Big On AI In Healthcare: Inks New Joint Venture with Tempus To Transform Cancer Treatment In Japan
SoftBank Group and Tempus AI announced SB TEMPUS Corp., a joint venture to advance precision medicine in Japan using AI. Launching in July 2024, with each investing JPY 15.0 billion. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
After Missing Nvidia Rally, Masayoshi Son Is Giving AI Investment Another Try? SoftBank Is Reportedly Investing In Jeff Bezos-Backed AI Startup That's Taking On Google Search
SoftBank Group Corp is set to invest in the Amazon founder Jeff Bezos-backed artificial intelligence startup Perplexity AI at a valuation of $3 billion. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
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