SoftBank Group, led by billionaire Masayoshi Son, reported a record net profit of ¥5 trillion ($31 billion) for the year ending March 31, driven by a $45 billion gain from its Vision Fund's investment in OpenAI. The AI company OpenAI recently reached an $852 billion valuation, fueling SoftBank's plan to increase its stake to 13% with a $65 billion investment by October. Despite this optimism, credit rating agency S&P Global downgraded SoftBank's rating to negative, citing concerns over asset liquidity and portfolio quality due to the large OpenAI bet. Additionally, SoftBank announced a €75 billion investment in AI data centers in France, aiming to complete the first phase by 2031.
Defiance ETFs launched the Defiance Daily 2X Space ETF (SPCL), providing investors with twice the daily leveraged exposure to SpaceX's Class A shares starting from its IPO price of $135. SpaceX's IPO on Nasdaq marks the largest U.S. IPO by market val...
Defiance ETFs launched the Defiance Daily 2X Space ETF (SPCL), providing investors with double daily leveraged exposure to SpaceX Class A shares starting from SpaceX's IPO price of $135 per share. SpaceX began trading on Nasdaq under ticker SPCX, mar...
Defiance ETFs launched the Defiance Daily 2X Space ETF (SPCL) on Nasdaq, offering investors 2x daily leveraged exposure to SpaceX Class A shares starting at the IPO price of $135. SpaceX's IPO values the company at approximately $1.77 trillion, marki...
Defiance ETFs has launched the Defiance Daily 2X Space ETF (SPCL), the first U.S. ETF to offer daily 2X leveraged exposure to SpaceX shares on its IPO day, priced at $135 per share. SpaceX's IPO values the company at about $1.77 trillion, marking the...
Defiance ETFs launched the Defiance Daily 2X Space ETF (SPCL) on NASDAQ, providing investors with twice the daily leveraged exposure to SpaceX's Class A common stock at its IPO price of $135 per share. SpaceX's IPO values the company at approximately...
