SoftBank stock jumped 5% on Wednesday, extending its September rally even as the yen strengthened towards its highest level in nearly seven months. The stock traded at ¥6,884 around 10:15 JST, up from ¥5,001 on September 3, a gain of almost 38%.
The Nikkei 225 Index continued its strong downward spiral, reaching its lowest level since August 5 this year, and 11.80% from its highest point this year. This retreat happened as the US-Iran tensions and Japan's bond yields continued the bull run.
First mission of Sceye's Service Test Program travels more than 15,000 km from New Mexico to Japan in the stratosphere, backhauls into SoftBank Corp.'s core network, verifies Direct-to-Device and edge computing capabilities and HAPS-based communications with drones. TOKYO, Sept.
SB Energy has filed for an initial public offering with the Securities and Exchange Commission. The AI power infrastructure company is backed by Softbank, OpenAI and Nvidia.
SB Energy, a data center and power infrastructure developer backed by SoftBank , revealed the paperwork for its U.S. initial public offering on Tuesday.
SoftBank Group is seeking a $10 billion loan to help refinance debt used for its investment in OpenAI, Bloomberg reported Friday (Aug. 28), citing unnamed sources. The proceeds of the loan could help repay a $40 billion bridge loan SoftBank secured for its OpenAI investments, according to the report.
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