SoftBank’s ‘Go Big or Go Home’ AI Bets Fire Up Markets as IPOs Near
2 Articles
2 Articles
SoftBank’s ‘Go Big or Go Home’ AI Bets Fire Up Markets as IPOs Near
The Nikkei is quickly becoming the land of the rising Masayoshi Son. The audacious businessman’s SoftBank surged 10.9% in Tokyo on Tuesday to a new record high. The white-hot stock is now up 46% in the past five days of trading, propelled by Son’s “go big or go home” bets on artificial intelligence. Killer Strategy Son is known as the ojin-kiraah or “old man killer.” The sobriquet is not as macabre as it sounds, referring to his ability to charm…
SoftBank surges 13% to new all-time high: here's why analysts see more upside
SoftBank Group stock surged nearly 13% on Tuesday, hitting a record intraday high of 8,000 yen and emerging as the best performer on the Nikkei 225.The move extended the stock’s winning run to a fourth straight session, turning Masayoshi Son’s technology investment group into one of the clearest market winners from the latest wave of AI enthusiasm.The rally was not driven by one simple catalyst.Instead, investors are reevaluating SoftBank around…
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