Tag: $SoftBank

 President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that SoftBank would invest $100 billion in the U.S. over the next four years in what would be a boost to the U.S. economy.

Softbank CEO Masayoshi Son will announce a $100 billion investment in the U.S. over the next four years during a Monday visit to President-elect Donald Trump’s residence Mar-a-Lago in Palm Beach, Florida, sources familiar with the matter told CNBC’s Sara Eisen.

SoftBank on Friday announced plans to issue euro and dollar-denominated bonds as it looks to pay down debt and focus its investments on artificial intelligence.

SoftBank Group shares rose as much as 6.3% on Wednesday, after a report said that Elliott Management had rebuilt a substantial stake in the Japanese technology conglomerate and was pushing for stock repurchases.

 SoftBank Group Corp said it would receive shares in telco T-Mobile US worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up 5%.

Shares of Japanese tech investor SoftBank fell on Friday after the company reported a record loss at its Vision Fund tech investment unit. SoftBank shares closed 3.68% lower in Tokyo.