DigitalBridge Shares Surge on Report of SoftBank Acquisition Talks

DigitalBridge

DigitalBridge Group Inc. stock surged on Monday on news that Japan-based SoftBank Group is engaged in detailed discussions over the acquisition of the data center investment company, a fact that highlights the increasing global competition over infrastructure essential to artificial intelligence. The New York-listed stock shot up to as much as 50 percent in premarket … Read more

SoftBank Shares Plunge as Much as 10% After Selling Nvidia Stake

SoftBank Shares Plunge as Much as 10% After Selling Nvidia Stake

Tokyo based SoftBank group declared that it had sold all its stakes in Nvidia with a capitalization of approximately 5.83 billion. The news caused a sudden response: the share price of SoftBank dropped by up to 10% on the trading. Investors were taken by surprise, and the market mood became cautious with doubts as to … Read more