SoftBank Q1 Earnings
SoftBank Group reported mixed first-quarter results driven by Intel and ByteDance gains, while investors scrutinize rising costs and leverage amid aggressive AI spending commitments.
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- DATASoftBank Q1 profit beats estimates on Intel stake gain, shares surge 10%
The Japanese conglomerate's results were lifted by a valuation increase in its Intel holding, offsetting weaker performance elsewhere in the portfolio.
CNBC - DATASoftBank shares plunge 7% as Q1 profit falls 18% on rising costs
The Japanese tech investor posted 347.3 billion yen in net income, beating estimates but failing to offset market concerns over its aggressive AI spending and leverage.
CNBC - MARKETINTC (INTC)
▲ 3.33% close $100.90 from $97.65
- MARKETINTC.O (INTC.O)
▲ 3.33% close $100.90 from $97.65
- MARKETINTC (INTC)
▲ 5.65% close $97.65 from $92.43
- MARKETINTC.O (INTC.O)
▲ 5.65% close $97.65 from $92.43
- DATASoftBank earnings spotlight OpenAI funding and balance sheet leverage
Investors will scrutinize how the conglomerate finances its AI ambitions amid ongoing $10 billion loan talks.
Asharq Al-Awsat (English)