SoftBank Group Corp. sold his entire stake in Nvidia Corp., pocketing $5.8 billion ahead of a series of planned investments by founder Masayoshi Son to build his own sphere of influence in support of artificial intelligence.The Tokyo-based company had increased its stake in Nvidia to about $3 billion by the end of March. That effort […]
Sharp declines in technology stock prices are cause for caution but not yet panic, say brokers and investors who have ridden a runaway market to record highs and some stretched valuations. The selling extended into a second day on Wednesday, leaving stock markets in Seoul and Tokyo about 5% below Tuesday morning’s peaks. But both […]