US EditionSoftBank Shares Rally as Telecom Upgrade and Arm’s AI Pivot Strengthen Group Outlook
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SoftBank Shares Rally as Telecom Upgrade and Arm’s AI Pivot Strengthen Group Outlook
The jump in SoftBank shares reflects growing investor confidence that steady telecom cash flows and Arm’s accelerating AI-driven shift toward data centers can underpin the group’s long-term strategy. Shares of SoftBank Group Corp surged more than 10% after its telecom subsidiary, SoftBank Corp, raised its full-year profit outlook, while renewed optimism around Arm Holdings reinforced […] The post SoftBank Shares Rally as Telecom Upgrade and Arm’…
Interest in Arm Holdings credited for surge in SoftBank share value
SoftBank Group Corp saw its shares rise sharply, by more than 10%, due to positive developments within its telecommunications division and renewed enthusiasm around Arm Holdings. SoftBank Corp, the group’s telecommunications division, announced an upward revision to its full-year profit forecast. This optimism was further fuelled by the strong performance of Arm Holdings, in which [… The post Interest in Arm Holdings credited for surge in SoftBa…
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