May 12, 2024, 1:40 AM
May 10, 2024, 5:41 AM
Despite tech stock strength, SoftBank is expected to return to a loss in the fourth quarter
CNBC
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Analysts and investors are also eagerly awaiting clues about new growth investments as SoftBank has ample liquidity and can monetize its huge holding in Arm.
Yahoo! News
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SoftBank Group is expected to slip back into the red in Q4 despite tech stock strength. Tech stocks including Arm Holdings, SoftBank's core asset, performing well over the quarter. SoftBank has ample liquidity and can monetise its huge holding in Arm. The share price of Britain-based Arm roughly doubled in February after strong earnings results.
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