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LATEST

Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders●Delta Air Lines exits entire market●Peloton delivers first annual net profit ever in 'landmark' financial year●CBN: Loan demand rises as Nigerian banks record fewer defaults in Q2 2026●World's biggest spirits maker pops 6% on $1 billion cost-cutting plan●SoftBank earnings exceed expectations, even without an OpenAI boost. This U.S. chip company saved the day.●Versant raises 2026 outlook on strength of platforms segment and advertising momentum●The Return Of The Repeat Founder: Inside YC’s Growing Class Of Second-Timers●Hedge funds forced out of tech stocks may leave the market at the mercy of retail traders●Delta Air Lines exits entire market●Peloton delivers first annual net profit ever in 'landmark' financial year●CBN: Loan demand rises as Nigerian banks record fewer defaults in Q2 2026●World's biggest spirits maker pops 6% on $1 billion cost-cutting plan●SoftBank earnings exceed expectations, even without an OpenAI boost. This U.S. chip company saved the day.●Versant raises 2026 outlook on strength of platforms segment and advertising momentum●The Return Of The Repeat Founder: Inside YC’s Growing Class Of Second-Timers●

Asia

Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1

Markets-Economic Times · 1h ago · 🇮🇳 India

Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1

SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDance investments offset weaker contributions from OpenAI. The company remains focused on expanding its AI portfolio, with major investments, new financing and long-term commitments reinforcing its artificial intelligence growth strategy, according to Reuters.

Read the full story at Markets-Economic Times →

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