SoftBank Trades Above Record-High Close in Win for Masayoshi Son [Yahoo! Finance]
SOFTBANK GRP UNSP/ADR (SFTBY)
NASDAQ:AMEX Investor Relations:
softbank.jp/en/corp/irinfo/presentations
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Source: Yahoo! Finance
Most Read from Bloomberg Democrats Weigh Mid-July Vote to Formally Tap Biden as Nominee Powerful Storm Beryl Aims at Jamaica After Grenada Strike S&P 500 Closes Above 5,500 in Record-Breaking Run: Markets Wrap US Allies Allege China Is Developing Attack Drones for Russia Biden Plummets in Leaked Democratic Polling Memo, Puck Says The Japanese tech investor is gaining investor attention as its telecom arm moves aggressively to invest in generative AI, tying up with Microsoft Corp. and startup Perplexity AI Inc., while winning government subsidies to help it build data centers stocked with Nvidia Corp. accelerators. Its chip unit Arm Holdings Plc is also trying to position its architecture as a means to conserve energy in devices running artificial intelligence. On Wednesday, SoftBank surpassed a previous record-high closing price it hit in March 2021. The rally is a vindication for SoftBank founder Masayoshi Son, whose reputation has been tarnished by big startup bets
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