SoftBank Group experienced a decline of up to 10% on Wednesday following the announcement of its complete divestment from U.S. chipmaker Nvidia for $5.83 billion. This move reflects the Japanese conglomerate’s strategy to leverage its significant investment in OpenAI, the creator of ChatGPT. SoftBank’s shares ended the trading session down by 3.46%, closing at 21,910. Read More
Markets in the Asia-Pacific region experienced a general upward trend on Monday, following a positive performance from all three major U.S. indexes on Friday. Investors in Asia are evaluating the manufacturing activity data released from China following RatingDog’s publication of its purchasing managers index for October. China’s manufacturing activity registered a slowdown at 50.6, falling Read More
