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SoftBank Swings to Profit and Refocuses Its Strategy Around Arm

SoftBank Swings to Profit and Refocuses Its Strategy Around Arm
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moody's on softbank: Moody's revises up SoftBank outlook to stable after Arm IPO

SoftBank, which floated a little less than 10% of Arm shares in the IPO, had ¥6.7 trillion ($45 billion) in cash and cash equivalents as of end-September. That cash piles prompted a flurry of new investments by SoftBanks billionaire founder Masayoshi Son, as well as talks with OpenAIs ousted co-founder Sam Altman about helping to fund a possible chip startup.

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Moody's On Softbank: Moody's revises up SoftBank outlook to stable after Arm IPO, ET Telecom

Moody’s On Softbank: But Arm’s September initial public offering lifts the proportion of SoftBank’s listed assets, Moody’s said in a report Monday. Along with telecom unit SoftBank Corp. and Alibaba Group Holding Ltd., SoftBank’s listed assets now make up more than 60% of its total portfolio value, it said.

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SoftBank books $5.2 bn quarterly loss as WeWork comes back to bite

SoftBank Group booked a $5.2 billion quarterly loss on Thursday, its fourth straight quarter in the red, as the Japanese giant took a hit from ......

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SoftBank Reports $5.2 bn Quarterly Loss, Cites WeWork's Impact on Profits

SoftBank Group posted a quarterly loss of $5.2 billion, marking the fourth consecutive quarter of negative figures

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SoftBank's $6.2B Quarterly Loss: The Unraveling of Japan's Tech Investments

Japanese technology company SoftBank Group Corp. reported a substantial loss in the July-September quarter due to the deteriorating performance of some of

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SoftBank Takes $14B Hit on WeWork

SoftBank has lost a total of $14.3 billion on WeWork, while its bankruptcy could save Adam Neumann from paying back a loan.

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SoftBank Q1 earnings 2023: Japanese tech giant reports surprise loss

SoftBank surprised the market with a loss in the first quarter, though its Vision Fund booked a $1.1 billion gain on investments — its first in five quarters.

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SoftBank reports surprise loss in first quarter but Vision Fund books $1 billion investment gain

SoftBank surprised the market with a loss in the first quarter, though its Vision Fund booked a $1.1 billion gain on investments — its first in five quarters.

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