SoftBank Corp
Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC
Softbank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion investment last week, according to the sourced familiar with the matter. Softbank had previously had syndicated $10 billion and invested $8 billion in the ChatGPT maker. CNBC […]
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Asia-Pacific markets set to open mostly lower on penultimate day of the year
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise. pongnathee kluaythong | Moment | Getty Images Asia-Pacific markets were set to mostly fall Tuesday, after the tech sell-down on Wall Street continued on AI bubble fears. Nvidia shares dropped more than 1% Monday stateside, giving back some […]
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Asia-Pacific markets track Wall Street gains as tech extends rebound
The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Asia-Pacific markets advanced Thursday after Wall Street gained overnight as Fed rate-cut hopes rose and tech stocks rebounded. Japan’s benchmark Nikkei 225 index rose 1.42%, led by tech stocks, while the Topix index added 0.64%. Among the […]
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CNBC Daily Open: There’s the AI market, and then there’s ‘everything else’
Traders work on the floor of the New York Stock Exchange (NYSE) on Nov. 12, 2025 in New York City. Spencer Platt | Getty Images The divergence between the performance of the Dow Jones Industrial Average and Nasdaq Composite on Wednesday stateside reinforces the suggestion that there are two markets operating in the U.S.: one […]
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CNBC Daily Open: SoftBank goes all in on OpenAI as ‘Big Short’ investor issues caution on AI firms
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., during a fireside chat at the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank is selling its entire stake in […]
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CNBC Daily Open: SoftBank doubles down on AI amid warnings from ‘Big Short’ investor
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., left, and Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., during a fireside chat at the Nvidia AI Summit Japan in Tokyo, Japan, on Wednesday, Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank is selling its entire stake in […]
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Asia-Pacific markets set to rise after mixed trading on Wall Street on hopes of U.S. government shutdown ending; AI trade pullback
Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images Asia-Pacific markets were set to climb Wednesday, after Wall Street traded mixed on hopes that the record-setting U.S. government shutdown could be nearing an end and AI trade stumbling. Japan’s benchmark Nikkei 225 index was set for […]
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Analysts call this lagging portfolio stock a buy — plus, what’s behind Nvidia’s decline
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. The S & P 500 and Nasdaq were down Tuesday as Big Tech was pressured following CoreWeave’s quarterly results Monday evening. The AI infrastructure provider disappointed investors after lowering […]
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Europe stocks higher; Swiss stocks rise on optimism over possible reduction in U.S. tariffs
Traders work on the floor of the New York Stock Exchange (NYSE) on November 07, 2025 in New York City. Spencer Platt | Getty Images LONDON — European stocks maintained their positive momentum as an end to the U.S. government shutdown is in sight. The pan-European Stoxx 600 index was up 0.5% on Tuesday morning, with most […]
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SoftBank sells its entire stake in Nvidia for $5.83 billion
Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son pose during an AI event in Tokyo on November 13, 2024. Akio Kon | Bloomberg | Getty Images Japanese giant SoftBank said Tuesday it has sold its entire stake in tech giant Nvidia for $5.83 billion. The firm said in its […]
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