SoftBank Group reported a net loss of 1.12 trillion yen ($7 billion) for its fiscal second quarter, a sharp reversal from a net profit of 2.5 trillion yen a year earlier. Despite the loss, revenue of 2.22 trillion yen exceeded expectations. The company continues to focus heavily on AI, with a $64.6 billion total investment in OpenAI and plans to invest $1.85 billion in AI infrastructure in Malaysia alongside partners. SoftBank shares rose 13.9% following gains in Asian tech stocks, signaling investor optimism about its AI strategy despite the quarterly loss.
SoftBank Group's fiscal second quarter net loss reached 1.12 trillion yen ($7 billion). For readers following the Technology sector, here is Pluang's market snapshot as of Nov 10, 2026 13:01 WIB: out of 150 priced US tech stocks, 94 rose and 54 fell. Notable movers include WIX at USD 73.90 with a 5.95% gain and a typical hold time of 65 days, SNOW at USD 291.92 up 5.81% with 100% buy order activity and a 54-day hold, and BB at USD 9.23 rising 5.61% but with 92% sell order activity and a 52-day hold.
Trogenix, a clinical-stage precision oncology company, has appointed John Young as Chair and Josh Murray as Non-Executive Director to support its global strategy, commercial growth, and US expansion. John Young brings over 35 years of pharmaceutical ...
Wellington Management Group LLP has notified that it crossed the 5% voting rights threshold in Admiral Group PLC as of November 6, 2026. The group holds a total of 5.01% voting rights through direct shares and financial instruments. This disclosure i...
Pragmatic Semiconductor has appointed Mercedes Johnson as a Non-Executive Director on its Board, effective November 6, 2026. Johnson brings over 40 years of semiconductor industry finance and governance experience, having held senior roles at Broadco...
Equinor ASA has completed the fourth tranche of its 2026 share buyback program, repurchasing a total of 974,300 shares at an average price of NOK 420.35 per share between November 2 and 6, 2026. This brings Equinor's total holdings of its own shares ...
UBS upgraded Morgan Stanley Direct Lending Fund (MSDL) from Neutral to Buy following strong Q3 2026 net investment income of $40.3 million, beating earnings estimates. The fund declared a fourth-quarter dividend and plans fee cuts in 2027 to boost in...
