Nvidia fell 2% and was the heaviest weight on the S&P 500, though that represents just a smidgen of its huge gains made in recent years. The chip company’s stock had nearly quintupled over the ...
Asian shares are mixed after gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies on Wall Street.
Trump trotted out Masa’s line about 50,000 new jobs and $50 billion of investment in the U.S. Masa beamed into the TV cameras, but grew flustered when one of the American reporters confused him with Terry Gou, the Foxconn boss. “No, no, no,” said Masa. “I am Masayoshi Son, and SoftBank is not a bank.”
Tokyo: Masayoshi Son, the Japanese tycoon helming US President Donald Trump s big new AI push, is the son of an immigrant farmer with a spectacular
Drops for Nvidia and other tech stocks are pulling Wall Street lower. The S&P 500 was down 0.4% in Monday morning trading, coming off its fourth losing week in the
The billionaire behind Tesla has significant business interests in China and has previously described himself as “kind of pro-China”. He could be at odds with a number of China hawks in the second Trump administration, and may even be labelled a national security risk due to his connections to the second-largest economy in the world.
US and European stock markets mostly pushed higher Wednesday as investors tracked earnings and President Donald Trump's policy plans as artificial intelligence shares rallied.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
World shares were mixed on Thursday after China rolled out more moves to try to boost its lagging stock markets by raising confidence that prices will rise. Germany's DAX gained 0.2% to 21,300 and the CAC 40 in Paris edged 0.
China: Asian equities mostly rose Thursday, cheered by another tech fuelled run up on Wall Street after Donald Trump s huge AI investment
U.S. stock index futures held steady Wednesday evening after the SP 500 hit a record high, driven by Netflixs strong earnings and optimism over President Donald Trumps AI investment initiative. SP 500 Futures were flat
Softbank will have "financial responsibility" for the project with Masayoshi Son serving as the chairman of the venture, news that drove the stock (JP:9984) 11% higher in Tokyo. SoftBank's top holding, ARM (ARM), will be one of the technology partners, alongside companies including Oracle (ORCL) and Nvidia (NVDA).