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SoftBank to Get $7 6 Billion of T-Mobile Stock In Extra Payout From 2020 Sale of Sprint

T-Mobile will issue $7.6 billion of stock to the Japanese holding company Softbank in a contingent payout linked to its purchase of the wireless carrier.

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Australia Shares Set to Open Higher

Japan’s Nikkei Stock Average fell amid profit-taking and a stronger yen weighing on some export-driven stocks.

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Stocks Snap Winning Streak After Powell Warns Inflation Victory Not Assured

The S&P 500 fails to notch a ninth consecutive gain

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SoftBank Group Shares Slump After Second-Quarter Net Loss

By Kosaku Narioka SoftBank Group shares fell sharply after the Japanese technology and investment company posted a second-quarter net loss due to weak tech.

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Nikkei May Rise as Borrowing-Costs Concerns Ease; Earnings in Focus

The Nikkei Stock Average was up 0.3% at 32260.90 as gains in real estate and tech stocks help offset losses in financial shares.

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