SFTBF News and Press, Softbank Corp Fgn From 06/18/21

Credit Suisse (CS) is continuing its breakup with SoftBank ([[SFTBF]],[[SFTBY]]) after the Greensill Capital collapse.The bank has long been one of the largest personal lenders to SoftBank CEO Masayoshi Son. In February of this year, Son had around $3B worth of his SoftBank stake pledged as c...

Chase Coleman’s 13F portfolio value increased from $39B to $43.47B this quarter. Tiger Global increased DocuSign, DoorDash, Shopify, and Zoom Video while decreasing Uber Technologies and Facebook during the quarter. The largest three positions are JD.com, Microsoft, and Rob...

NVIDIA's stock and business continue to outperform, shaking off concerns around its cryptocurrency exposure. NVIDIA enjoys a strong market position in large and attractive markets, and the ARM acquisition should make the company even stronger. Valuation is reasonable given the com...

A litany of contradictions surfaced last week, including the continued filings of U.S. IPOs by Chinese companies despite the rising political tensions between the U.S. and China. The suppression of Chinese technological advancements appeared to have spurred China's self-reliance, bene...

JHVEPhoto/iStock Editorial via Getty Images Yesterday, Bloomberg reported that Intel (INTC) is circling a more than $2B acquisition of semiconductor designer SiFive.  BofA analyst Vivek Arya sees the potential acquisition as a way for Intel to "go on the offensive" versus SoftBank's ([[S...

Chinese ride-hail company Didi (DIDI) files for an initial public offering and intends to list ADSs on the Nasdaq under the "DIDI" ticker.Principal stockholders include SoftBank ([[SFTBF]],[[SFTBY]]) with a 21.5% stake, Uber (UBER) with 12.8%, and Tencent (TCEHY) with 6.8%.For the year ending...

Justin Sullivan/Getty Images News Nvidia (NVDA) submitted an application to Chinese regulators in recent weeks requesting approval for its $40B purchase of SoftBank's ([[SFTBF]],[[SFTBY]]) Arm chip unit, according to Financial Times sources. When Nvidia unveiled the deal last Septem...

SoftBank-backed ([[SFTBF]],[[SFTBY]]) construction company Katerra has filed for Chapter 11.Katerra says it secured $35M in debtor-in-possession financing from SB Investment Advisers to fund operations during the process.The company lists its liabilities between $1B and $10B and its...

SoftBank-backed ([[SFTBF]];[[SFTBY]]) construction startup Katerra is shuttering, letting go thousands of employees and walking away from dozens of projects, according to The Information sources. Katerra raised $2B in its six years of existence, largely from SoftBank's Vision Fund. Anoth...

Credit Suisse ([[CS]] -1.1%) will no longer do business with SoftBank Group ([[SFTBY]] +2.1%) ([[SFTBF]] +1.6%), a key investor in Lex Greensill's collapsed supply-chain finance firm, Bloomberg reports, citing people familiar with the matter.The Swiss bank is still dealing with the failu...