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Masayoshi Son Gains $8 Billion Thanks To SoftBank Profits, Arm's Share Surge

The SoftBank founder has a net worth of $28.8 billion, according to Forbes’ real-time billionaire tracker. That’s up from $20.9 billion in May 2023, when he was ranked No. 3 on Japan’s 50 Richest list. ....

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SoftBank shares climb to highest level since May 2021

SoftBank Group Corp. shares surged for a third day on the explosive rally of its Arm Holdings Plc., the chip designer that has almost doubled in value since making the case last week for how it will benefit from the artificial intelligence boom. ....

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softbank arm deal: SoftBank buys Vision Fund's stake in Arm at valuation of $64 billion

SoftBank is now expected to sell fewer Arm shares in the initial public offering (IPO) and would likely be retaining a stake of as much as 90% in the company, according to the sources, adding that Arm s capital raising from the IPO would be less than the range of $8 billion to $10 billion it was earlier planning ....

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Shares of Nintendo, SoftBank tumble in Japan after earnings

The results from both companies illustrate how tech firms have been squeezed by a downturn in demand that has been fuelled by rising inflation and interest rates ....

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SoftBank shares hit record high as online backers celebrate

SoftBank shares hit record high as online backers celebrate
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Last Updated: Feb 16, 2021, 01:45 PM IST
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Synopsis
Shares in SoftBank, a heavily weighted component of the Nikkei 225 index which is trading at 30-year highs, closed up 4% at 10,420 yen, above the record 10,111 yen reached in February 2000.
Reuters
SoftBank s shares have been supported by a growing number of portfolio companies listing in ebullient markets.
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TOKYO: SoftBank Group Corp shares closed at a record high on Tuesday, surpassing a peak reached at the height of the dot-com bubble, as online backers celebrated the recovery in the value of the firm s tech portfolio. ....

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