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JPM Makes A Surprising Discovery: Daytraders Are Evolving, And Starting To Hedge Their Massive Gains

JPM Makes A Surprising Discovery: Daytraders Are Evolving, And Starting To Hedge Their Massive Gains Last August, just before we learned that SoftBank was forcing a marketwide gamma squeeze in tech names, a little-followed quant at JPMo.....»»

Category: dealsSource: nytMar 22nd, 2021

Masayoshi Son Rewards Top Execs With Massive Loans To Help Pump SoftBank Shares

Masayoshi Son Rewar.....»»

Category: smallbizSource: nytJan 29th, 2021

Telco SoftBank sees stable profit, offering Son respite from virus

SoftBank Corp on Monday forecast operating profit for the current financial year at 920 billion yen ($8.6 billion), largely unchanged from a year earlier, as it continues to generate cash amid the coronavirus-induced economic downturn......»»

Category: topSource: reutersMay 11th, 2020

Japanese telco SoftBank sees full-year operating profit stable at $8.6 billion

Japanese telco SoftBank Corp on Monday forecast operating profit for the current financial year at 920 billion yen ($8.6 billion), largely unchanged from a year earlier......»»

Category: topSource: reutersMay 11th, 2020

SoftBank Group"s market cap dips below domestic telco as scepticism grows

SoftBank Group Corp shares fell as much as 11.6% on Wednesday, with its market capitalization dipping below the value of its domestic telco, as uncertainty grows over its management of a portfolio of unproven startups......»»

Category: topSource: reutersMar 18th, 2020

SoftBank to borrow $4.5 billion pledging domestic telco"s shares

SoftBank Group Corp said on Wednesday it plans to borrow up to 500 billion yen ($4.5 billion) from 16 domestic and foreign financial institutions using almost a third of its stake in telco SoftBank Corp as collateral......»»

Category: topSource: reutersFeb 19th, 2020

Softbank"s Vision Fund 2 stalls as key backers opt out

Big investors who are critical to SoftBank Group's plans for a second massive technology investment fund are refusing to take part unless the first $100 billion Vision Fund can turn around its performance, sources familiar with the talks told Reuters......»»

Category: topSource: reutersFeb 12th, 2020

Japan telco SoftBank Corp CEO sees Elliot investment as "positive"

Japanese telco SoftBank Corp's CEO Ken Miyauchi on Friday welcomed hedge fund Elliot Management's investment in parent SoftBank Group Corp saying the activist investor's assessment of the stock as undervalued was "positive"......»»

Category: topSource: reutersFeb 7th, 2020

Japanese telco SoftBank posts 15% rise in third-quarter profit, hikes full-year forecast

Japanese telco SoftBank Corp on Friday reported a 15% rise in third-quarter operating profit, beating estimates, underpinned by its mobile business......»»

Category: topSource: reutersFeb 7th, 2020

SoftBank"s Yahoo Japan, Line Corp announce merger

Japanese telco SoftBank Corp on Monday announced plans to merge its internet unit Yahoo Japan with messaging app operator Line Corp as it scoops up troubled internet companies to bulk up against rivals like Rakuten Inc ......»»

Category: topSource: reutersNov 17th, 2019

SoftBank Group shares slide over 4% after massive quarterly loss

Shares of SoftBank Group fell more than 4% in early trade on Thursday after the Japanese conglomerate reported a $6.5 billion quarterly loss, its first such loss in 14 years, dragged down by a massive hit at its giant Vision Fund......»»

Category: topSource: reutersNov 6th, 2019

Meet The Next WeWork: SoftBank"s OyO Suffers "Massive Shortfall" After Labor Revolt

Meet The Next WeWork: SoftBank's OyO Suffers "Massive Shortfall" After Labor Revolt Even as Adam Neumann's, and WeWork's, 15 minutes of infamy are almost up, attention on the mastermind that enabled one of.....»»

Category: blogSource: zerohedgeOct 26th, 2019

Neumann Steps Down From WeWork Board, Gets Massive Handout From Softbank

Neumann Steps Down From WeWork Board, Gets Massive Handout From Softbank Confirming the headline rumors from yest.....»»

Category: blogSource: zerohedgeOct 22nd, 2019

SoftBank Corp first-quarter profit climbs 4% as mobile user numbers grow

Japanese telco SoftBank Corp said on Monday its operating profit in the quarter ended June rose 4%, in line with estimates, as the number of mobile users grew......»»

Category: topSource: reutersAug 5th, 2019

Softbank Group: An Investment Holding Company Valued As A Telco

Softbank Group: An Investment Holding Company Valued As A Telco.....»»

Category: topSource: seekingalphaJul 30th, 2019

SoftBank Corp to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 percent

Japanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan and turn the internet company into a subsidiary, which would help boost its profit by 24 percent this year......»»

Category: topSource: reutersMay 8th, 2019

Why SoftBank Plans To Move Its $20 Billion Ride-Hailing Stakes Into the Massive Vision Fund

SoftBank has emerged as "the king of ride-hailing." Japan’s SoftBank is reportedly planning to move its stakes in companies such as Uber, Ola, Grab, 99, and Didi Chuxin.....»»

Category: europeSource: fortuneApr 25th, 2018

SoftBank CEO gives up control to make Sprint"s merger with T-Mobile happen

A massive bet on Sprint has cost Japanese billionaire Masayoshi Son a lot......»»

Category: topSource: cnnApr 30th, 2018

SoftBank just made its second-ever enterprise software investment

SoftBank's massive Vision Fund has made it's second-ever investment in enterprise software company Cohesity, a California-based compa.....»»

Category: topSource: businessinsiderJun 11th, 2018

The Wall Street Journal: SoftBank director: ‘I get so worried’ by massive, widespread investments

A SoftBank Group Corp. director told the Japanese giant’s shareholders that its breakneck investment pace worries him, highlighting tensions over Chief Executive Masayoshi Son’s penchant for big bets in loss-making startups......»»

Category: topSource: marketwatchJun 20th, 2018