SoftBank shares plunge nearly 9%, extending selloff into third day

Shares of SoftBank Group plunged over 8%, marking its third straight day of selloff after the Japanese giant said it had sold its entire stake in Nvidia.

3 takeaways about the AI race from SoftBank's earnings

SoftBank sold its stake in Nvidia and is all in on OpenAI. Here's what else we learned about the AI race in its earnings call.

SoftBank profits more than double as AI valuations soar

Masayoshi Son’s SoftBank Group said net profit more than doubled in its second quarter and announced a four-to-one stock split on Tuesday as valuations of artificial intelligence companies soar alongside growing fears of a bubble.

Paramount cuts costs, SoftBank sells its Nvidia stake, Warren Buffett's new tradition and more in Morning Squawk

Japanese firm SoftBank said Tuesday that it sold all of its stake in Nvidia for $5.83 billion. Nvidia shares slipped nearly 2% in premarket trading this morning.

SoftBank just sold the world's hottest AI stock — so it can buy more AI

Nvidia is out. OpenAI is in. Does that make sense?
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