SoftBank sells its entire stake in Nvidia for $5.83 billion

SoftBank sells its entire stake in Nvidia for .83 billion

Nvidia CEO Jensen Huang (L) and the CEO of the SoftBank Group Masayoshi Son pose during an AI event in Tokyo on November 13, 2024. Akio Kon | Bloomberg | Getty Images SoftBank said Tuesday it has sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion as the Japanese giant looks to capitalize … Read more

Asia markets mixed as revived AI trade lifts Japan and South Korea stocks

Asia markets mixed as revived AI trade lifts Japan and South Korea stocks

A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city. ©Fitopardo | Moment | Getty Images Asia-Pacific markets traded mixed Tuesday after Wall Street gains on revived artificial … Read more

CoreWeave’s revenue more than doubles as AI buildout expansion accelerates

CoreWeave’s revenue more than doubles as AI buildout expansion accelerates

Michael Intrator, co-founder and chief executive officer of CoreWeave, center, appears at the Nasdaq MarketSite in New York on March 28, 2025. CoreWeave raised $1.5 billion in its initial public offering, a downsized deal that reflects how stock market volatility is hurting demand for even highly anticipated listings. Michael Nagle | Bloomberg | Getty Images … Read more