Softbank Shares

SoftBank shares jumped sharply, driving a broader rally in Asian technology stocks after upbeat comments from Nvidia’s CEO at a major global forum. The Tokyo-based investment group’s stock surged by more than 13 percent, snapping a several-month low trend and setting the pace for tech gains across markets in Japan and beyond. This move reflects…

In recent weeks, SoftBank Group has witnessed a dramatic drop in its stock value. Softbank shares fell as much as 40 % from recent peaks, reflecting mounting investor concern about the company’s heavy exposure to AI investments, especially its large bet on OpenAI. This steep slide has erased tens of billions of dollars in market capitalization….