(Bloomberg) After a series of brutal setbacks, Masayoshi Son has SoftBank Group Corp. on track for one of its strongest quarters in years, including what’s likely to be its first profit in more than a year. Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets ShiftKing Charles Treated for Cancer in New Royal Health Scare‘Money Dysmorphia’ Traps Mi
SoftBank Group Corp. is expected to report a net income of ¥373 billion ($2.5 billion) for the three months ended December, thanks to a gain on its stake in T-Mobile USA Inc. and rising valuations for startups in its Vision Fund portfolio.
SoftBank Group Corp.s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence-fueled rebound thats lifting startup valuations.
(Bloomberg) SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to an artificial-intelligence-fueled rebound that’s lifting startup valuations.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Brea