SoftBank's shares have surged about 70% in 2025, driven by excitement over its AI investments, particularly in OpenAI and Arm Holdings. However, this rapid rise masks growing financial risks as SoftBank carries about $104 billion in interest-bearing debt and relies heavily on AI bets. Credit rating agency S&P Global downgraded SoftBank's outlook to negative, citing concerns over asset liquidity and portfolio quality. While some investors see manageable risks due to SoftBank's strong asset coverage, others warn that a setback in OpenAI's performance or valuation could trigger serious liquidity issues for the company.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
