Latest News for SFTBY
SoftBank extended Asia's technology rout on Friday, sliding 9.7% by Tokyo's midday break as investors continued pulling money from the region's most crowded artificial-intelligence trades. The fall followed a brutal Thursday in Seoul, where SK Hynix tumbled 13%, Samsung Electronics lost 8.8% and the Kospi sank 6.4%.
Japanese AI-linked stocks tumbled on Friday as a fresh rout in U.S. semiconductor shares spread across Asia. The declines followed another weak session for U.S. technology stocks.
Hyundai Motor may have just struck an incredible bargain — or maybe SoftBank is hard up for cash.
Hyundai Motor Group said on Thursday it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group's stake of around 10% — a move it said will help it deploy advanced robotics across its operations.
SoftBank Group (SFTBY) CEO Masayoshi Son expects artificial intelligence to account for 20% of global GDP by 2040, dismissing concerns that the sector is in a b
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