Vision Fund

SoftBank Group Corp (OTCPK: SFTBF) (OTCPK: SFTBY) hit a 24-year high of 11,190.00 Japanese yen per share. This broke the earlier intraday record high of 11,000 yen made on Feb. 15, 2000. SoftBank stock’s surge is attributable to strategic moves in AI and a strong performance by its chip-...

Activist investor Elliott Investment Management has taken a bold stance, buying a $2 billion stake in Japanese conglomerate SoftBank Group Corp (OTCPK:SFTBF) (OTCPK:SFTBY) and demanding a $15 billion share buyback, according to the Financial Times. The underlying message? Investors like Elliott...

SoftBank Group Corp’s (OTC: SFTBY) Vision Fund has disposed of $2 billion worth of Uber Technologies Inc (NYSE: UBER) common stock shares last week, as reported earlier by Bloomberg. What Happened: The technology sector investment firm sold off 38 million shares in the ride-...

SoftBank Group Corp (OTC: SFTBY) invested $3.9 billion on large technology companies based in the United States, according to a filing with the U.S. Securities and Exchange Commission on Monday. What Happened The Japanese conglomerate purchased 378,470 Amazon.com, Inc (NASDAQ: AMZN) shares for...

SoftBank Group Corp (OTC: SFTBY) posted $12 billion in first-quarter profit Monday, compared with a loss of nearly $13 billion in the same period a year ago. Results Beat Expectations:  This was 71.4% above the $7 billion S&P Global Market Intelligence had forecasted, Financial Times...

SoftBank Group Corp. (OTC: SFTBY) withdrew $700 million from four of its funds at Credit Suisse Group AG (NYSE: CS) after the bank expressed uneasiness with proceeds from the fund being funneled into companies backed by the Japanese group, the Wall Street Journal reported Monday....

SoftBank Group Corp (OTC: SFTBY) is reportedly considering a full or partial sale of its British chipmaker subsidiary Arm Holdings, according to a Wall Street Journal report Monday. What Happened The Journal’s sources said SoftBank’s discussion is still at an early...

SoftBank Group Corporation (OTC: SFTBY) will set up a $100 million fund that will provide opportunities to Afro-American and Latin entrepreneurs.  What Happened The CEO of the Japanese conglomerate Masayoshi Son said tweeted on Wednesday in Japanese using the hashtag Black Lives Matter....

SoftBank Group Corp.’s (OTC: SFTBY) net loss for the year ended March 2020, is set to rise to $9.39 billion. What Happened Three weeks after its previous forecast, SoftBank revised its projected non-operating losses to rise to nearly 1 trillion yen or $9.39 billion. 700...

Japanese investment giant SoftBank Group Corporation (OTC: SFTBY) on Wednesday reported its third-quarter earnings after the markets closed in Tokyo. What Happened SoftBank reported an operating profit of $23.5 million, 99.4% lower than the $3.98 billion posted in the similar quarter last...

SoftBank Group Corp (TYO:9984)(OTC: SFTBY) Chairman Masayoshi Son said he made a judgment error investing in WeWork that ultimately cost the investment bank its worst quarterly loss in history, the Wall Street Journal reported on Wednesday. What Happened “My own investment judgment was really...

Japanese global conglomerate SoftBank Group Corp - ADR (OTC: SFTBY) introduced a mega investment fund that is bigger in scope than its first $100-billion Vision Fund, The Wall Street Journal reported. What Happened SoftBank's new megafund, Vision 2, is investing about $...