SFTBF News and Press, Softbank Corp Fgn From 08/15/22

Shares of the Brazilian digital bank Nu Holdings (NYSE: NU) traded roughly 11.4% higher as of 2:37 p.m. ET today after a large, well-known institutional investor revealed that it has taken a position in the company. The large Japanese conglomerate and tech investor SoftBank ...

The logistics unit of Chinese tech giant Alibaba ( NYSE: BABA ), Cainiao, is continuing to invest in technology and expand its services and cross-border network, providing more use for its customers, investment firm Bank of America said on Thursday. Analyst Eddie Leung, who ...

SoftBank has started selling sizable amounts of SoFi to raise funds. The investment fund still owns 83 million shares or 9% of the outstanding shares of SoFi. The stock has a gap down to $6.63, providing the ideal point to purchase SoFi. The business continues to improve with ...

Shares of Lemonade, Inc. ( NYSE: LMND ) moved higher by more than 10% after the insurance firm delivered Wall Street with strong earnings and Q3 guidance. At the same time shares of SoFi Technologies ( NASDAQ: SOFI ) have suffered with news that SoftBank Group ( OT...

This year, two major catalysts for SoftBank are the potential sale of the Fortress Investments subsidiary and the Arm IPO. This complicated company has faced underperformance over the past few years, especially after the 2020 speculation boom. However, if valuation reaches a certa...

ESS Tech designs and wants to commercialize utility-scale long-term energy storage technologies. The battery solution includes iron, salt, and water, and offers reduced toxicity and costs. Sales should be commencing worldwide, according to press releases, but revenues are worrying...

The market seems to have priced in a recession already. Meanwhile GM isn't yet seeing this reflected in demand. Its supply has been gated due to industry-wide supply chain issues. This could be favorable if some of the demand is shifted forward and potentially mitigates a rece...

This year’s client-related IP news from Arm had a particularly strong focus on graphics, including the debut of the new Immortalis brand for their top-performing, gaming-focused GPU designs. What’s particularly notable about the Immortalis G-715 is that it’s Arm&#...

SoftBank Group (OTCPK:SFTBF) shares were trading ~5% higher after the group said it appointed Managing Partner Alex Clavel CEO of SoftBank Group International, effective Jun. 30. Clavel succeeds Michel Combes, who will step down from the post to pursue new opportunities. Combes...

The Federal Trade Commission has initiated an investigation into mental-health startup Cerebral Inc., The Wall Street Journal reported citing a letter sent by the antitrust agency to the company. According to the June 01 letter, the investigation relates to whether Cerebral used deceptive or ...