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Earnings call: SoftBank reports strong Arm IPO, shifts to AI-centric strategy By Investing.com
Investing.com· 4 days agoDuring the earnings call, SoftBank's CFO Yoshimitsu Goto emphasized the IPO's significant...
Once Alibaba’s main investor, SoftBank sheds remaining stake
The Register· 3 days agoOn Monday, CFO Yoshimitsu Goto detailed that Alibaba had accounted for 48 percent of Softbank's...
Japan’s SoftBank Group trims investment losses but remains in red for fiscal year - WTOP News
WTOP Washington· 4 days agoSoftBank Group trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as its investment losses declined, the Japanese technology ...
SoftBank swings to Q4 profit as comeback gains steam
AOL· 5 days agoThe result mark the second straight quarter of profit for SoftBank, which has been long known for both volatile earnings and outsized bets on technology companies. In February, Chief Financial ...
SoftBank to Get More Aggressive in AI After Profit, Asset Sales
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- SoftBank Group Corp. laid out plans to get more aggressive in artificial intelligence...
Japan's SoftBank swings to quarterly profit, eyes on Arm unit
Reuters· 4 days ago, opens new tab swung to a net profit in the final quarter of its financial year, it said on Monday,...
An Inflation Test Looms Over the Economy and the Election
New York Times· 4 days agoThe pivotal Consumer Price Index report is set to be published on Wednesday as the window for...
SoftBank Commits $5 Billion to AI After Three Years of Losses
The Wall Street Journal· 4 days agoThat followed losses of ¥970 billion and ¥1.7 trillion in the two previous fiscal years. “It was a...
Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank
Business Insider via Yahoo News· 4 days agoSantiago/Getty Images SoftBank has benefited from this because it has a 90% stake in Arm, which has...
SoftBank Group Offloads Entire Alibaba Stake After Jack Ma-Founded Company Causes $6.16B Loss -...
Benzinga· 4 days agoAlibaba now accounts for "almost zero" of SoftBank's net asset value.