Latest Updates Around The World
Japan’s Nikkei stock fell on Thursday, dragged down by technology stocks on persistent valuation concerns, joining a broader slump in Asian markets on concerns about the exploding costs of AI investments.The benchmark Nikkei 225 Index fell 0.9% to 53,818.04. The broader, less tech-intensive Topix fell a more moderate 0.1% to 3,652.41. SoftBank Group fell 7% […]
SoftBank-backed digital trading ecosystem AceVector Ltd has filed an updated draft red herring prospectus (UDRHP) with market regulator Sebi for the proposed initial public offering, which includes a fresh issue of shares worth Rs 300 crore, according to PTI.The IPO will also include an offer for sale (OFS) of 6.38 crore equity shares by existing […]
SoftBank-backed digital trading ecosystem AceVector Ltd has filed updated draft documents with markets regulator Sebi for an initial public offering (IPO), which will include a fresh issue of shares worth Rs 300 crore.Besides the fresh issue, the IPO will also see an offer for sale (OFS) of 6.38 crore equity shares by existing shareholders, as […]
SoftBank Group Corp. has agreed to sell a large portion of its stake in InMobi Pte back to the mobile advertising company for about $250 million, undoing much of the investment that led to the creation of India’s first unicorn in 2011. InMobi will buy back the shares to reduce SoftBank’s stake from more than […]
Technology billionaire Peter Thiel’s hedge fund sold its entire stake in Nvidia in the third quarter, a regulatory filing showed, adding to concerns about an artificial intelligence bubble.The fund, Thiel Macro, sold about 537,742 shares in the AI ​​chip leader this quarter, the filing showed on Friday. The stake would have been worth about $100 […]
SoftBank also announced a 4-for-1 stock split that will take place on January 1. | Photo credit: REUTERS/Issei Kato SoftBank Group Corp sold its 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. […]
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 […]
Foxconn Chairman Young Liu (right) and Nvidia CEO Jensen Huang speak at Computex 2025 in Taipei on May 20, 2025. AFP via Getty Images Foxconn, a key AI server manufacturing partner of US chip giant Nvidia, has announced plans to spend up to NT$42 billion ($1.4 billion) on purchasing equipment for an AI data center. […]
Japan’s Nikkei stock average rose to a new high on Thursday, with index heavyweight SoftBank Group rising more than 11% as investors bought into its vision of artificial intelligence-powered robots. Robot maker Yaskawa Electric also shot up 9.5%, with these two stocks handily outperforming all others on the Japanese stock benchmark. The tech-heavy Nikkei climbed […]
