SoftBank Group (SFTBY) Stock Gains 2.4% After Record Q3 Earnings Beat

TLDR SoftBank Group posted $1.6 billion Q3 profit, reversing a 369 billion yen loss from the prior year quarter The company’s $30 billion OpenAI investment generated a $2.4 billion gain during the three-month period SoftBank sold Nvidia and T-Mobile stakes worth $18.5 billion combined to finance deeper AI investments Loan-to-value ratio climbed to 20.6% as [...]

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