SFTBF News and Press, Softbank Corp Fgn From 04/19/22

The Sandbox (SAND-USD) is seeking to raise about $400M in new funding that would value the metaverse firm at more than $4B, people familiar with the matter told Bloomberg Tuesday. That valuation could change depending on market sentiment and investor demand, the people added. Sandbox (SAND-US...

Alibaba is heading towards disastrous quarterly and end-of-year results in May. I can't imagine a scenario where BABA delivers on its shareholder's high growth expectations. Charlie Munger sold half of his BABA shares, sensing the rough patch ahead. BABA's volatility will sure tes...

WhatsApp (FB +0.1%) has won approval from India to more than double the users that can access its payments service there, Reuters reports. The Meta Platforms-owned messaging service has long sought no restrictions on its user base - which numbers 500 million users in India, its biggest market...

Deutsche Telekom (DTEGY +1.8%) has boosted its stake in T-Mobile (TMUS +2.1%) to 48.4%, buying more shares as part of a 2020 deal with SoftBank (SFTBY +2.2%). The German telecom bought another 21.2 million shares for $2.4 billion as part of a call option. It's also going largely as planned, g...

The “sum of all fears” moment evaporated, as though the triggers never surfaced. Unfortunately, the nightmare ain’t over. Alibaba expanded its share buyback program to $25 billion, up from $15 billion. I explain why Alibaba didn’t use up the billions re...

Paytm (PAYTM), the popular payment app in India, expects to break even by the quarter ending September 2023, the company told its shareholders in a letter on Wednesday. "We should be operating EBITDA breakeven in next six quarters (i.e., EBITDA before ESOP cost)," Paytm Founder and CEO Vijay ...

Coupang reported an underwhelming FQ4'21 card. However, it communicated that Q1 has been looking constructive. However, we think SoftBank's huge stake in Coupang could continue to impact CPNG stock's momentum. We discuss why SoftBank could remain Coupang's biggest risk in the near...

Advanced Micro Devices (NASDAQ:AMD) shares fell on Thursday after Barclays downgraded the semiconductor company on concerns over the company's 2023 performance, citing "elevated levels" of growth in several of the company's end-markets. Analyst Blayne Curtis lowered his rating on AMD to ...

SoftBank Group (SFBTY -1.5%) will slow down its technology investments after a rout in the company's holdings, the Financial Times reports. Founder Masayoshi Son at a recent meeting instructed his executives to back off and focus on raising cash, according to the report. That comes following ...

Advanced Micro Devices (NASDAQ:AMD) shares slipped in premarket trading on Thursday after investment firm Barclays raised concerns over the company's 2023 performance, citing "elevated levels" of growth in several of the company's end-markets. Analyst Blayne Curtis lowered his rating to equal...