SoftBank Slump: Shares Tumble 9.7% After Report of Stalled $6B OpenAI Margin Loan
SoftBank's negotiations for a $6 billion margin loan are reportedly at a standstill.
Gelonghui, June 10 — According to people familiar with the matter, SoftBank Group has used its equity stake in OpenAI as collateral for a margin loan of at least $6 billion, and negotiations with potential lenders on this matter have now stalled. The sources said SoftBank had previously secured commitments for approximately $5 billion toward the loan, though it remains unclear whether these commitments were verbal or written.
OpenAI's Next Model Being Designed by AI, Says SoftBank's CEO
SoftBank Dips 11% on Tokyo Exchange Over High-risk AI Bets
SoftBank's Son Says AI Will Likely Be 50x Bigger Than Dot-com Boom
SoftBank Dethrones Toyota as Japan's Most Valuable Company
SoftBank Group's gains widened to nearly 14%, reaching a new all-time high.
Gelonghui, June 1 | SoftBank Group shares continued their rally in the Japanese market, with gains now expanding to nearly 14%, reaching a new all-time high. The stock has surged over 90% year-to-date.
Top Global Stories This Week: Softbank, Li Auto, Xpeng Among Notable Names
SoftBank to Build AI Data Center Network in France With $52B Investment
DigitalBridge to Acquire ArcLight Capital for up to $1.05B
SoftBank Hires Banks for SB Energy, Roze IPOs - Report
Anticipated OpenAI IPO Drives SoftBank Share Price to Record High
Gelonghui, May 25 | SoftBank Group shares rose to a record high on Monday, as markets bet that potential initial public offerings (IPOs) of its stakes in OpenAI and SB Energy could generate substantial returns. Since May 20, SoftBank’s stock has surged 40%, pushing the company’s market capitalization above JPY 40 trillion (USD 252 billion). A two-day rally last week sent SoftBank’s share price soaring after reports emerged that OpenAI is preparing to file its IPO application within the next few days. Power infrastructure company SB Energy also stated it plans to confidentially submit an IPO filing in the United States. As
SoftBank Jumps 20% on OpenAI and SB Energy IPO Pipeline
Twenty One Capital Stock Surges on Announcement of Bitcoin-native Public Company Formation
Cantor Fitzgerald Maintains SOFTBANK GROUP CORP(SFTBF.US) With Buy Rating, Raises Target Price to $43.38
Bernstein Initiates SOFTBANK GROUP CORP(SFTBF.US) With Buy Rating, Announces Target Price $51.56
SoftBank Exits Circle Internet, Uber; Cuts Stake in T-Mobile Among Top Q1 Moves
Cerebras Hits Market With Near Record-setting Price as Shares Open at $350
BTIG Maintains SOFTBANK GROUP CORP(SFTBF.US) With Buy Rating, Raises Target Price to $42.89
Jefferies Maintains SOFTBANK GROUP CORP(SFTBF.US) With Sell Rating, Cuts Target Price to $19.81