Softbank (9984 JT) CFO Goto says nothing has been decided about an additional funding round for OpenAI
Newsquawk Staff ·
- Nothing to comment on investment in relation to plans for Japanese investment in the US.
What it means
SoftBank's CFO has indicated that there are no definitive plans for an additional funding round for OpenAI, which may signal a pause in investment discussions that could affect the tech sector sentiment, particularly around AI-related equities. This ambiguity might lead to questions about the potential impact on SoftBank's position in the market and its relation to key players like Microsoft, influencing investor expectations in both Asian and US equities as they gauge the landscape for AI investment.
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- Verisk (VRSK) integrates insurance intelligence with Amazon (AMZN) and Microsoft (MSFT) AI platforms
- US PRE-MARKET MOVERS: SKHY, NXPI, ENPH, APH, GOOGL, HOOD, PPG, VRT, GEV, GEHC, BSX, ETSY, WEN, V
- [MARKET ANALYSIS] A busy morning for EU banking names, with tech stocks supported by upbeat SK Hynix earnings
- EUROPEAN OPEN: SKHY surges after Q3 profits; EQNR NO lifts FY production view; UBSG SW Q3 net income miss; DBK GY posts third straight record profit; MBG GY Q3 revenue & earnings fall; ULVR LN raises FY volume growth view; GSK LN Q3 profit & revenue beat
Related headlines
- PRE-MARKET INDIAN STOCKS NEWS: Earnings deluge and Jio Platforms debut11 hours ago
- PRE-MARKET AUSTRALIAN STOCKS NEWS: Woolworths (WOW AT) tops Q1 sales forecasts16 hours ago
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios2 hours ago
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats2 hours ago
- T-Mobile (TMUS) CEO to step down from the board2 hours ago
- US Broker Moves: ENPH and DYN downgraded at Oppenheimer; FFIV downgraded at Piper Sandler3 hours ago
- GE Healthcare Technologies Inc. (GEHC) Q3 (USD): Adj. EPS 1.34 (exp. 1.20), Revenue 5.5bln (exp. 5.35bln), Adj. EBIT 913mln (exp. 838.8mln)4 hours ago
- Biogen Inc. (BIIB) Q3 2026 (USD): Adj. EPS 2.62 (exp. 1.98), Revenue 2.8bln (exp. 2.63bln). Raises lower end of FY26 diluted EPS guidance to USD 12.20-13.00 (exp. 12.23, prev. 12.00-13.00)5 hours ago
- South Korea fines Google (GOOGL) and Apple (AAPL) KRW 63.7bln for requiring in-app payments, sources say7 hours ago
- UK confirms it will be removing the standing charge on gas bills. Ofgem will be directed to do this in 2027, or as soon as possible8 hours ago
- US President Trump says there will be a meeting with Russian President Putin and Ukrainian President Zelensky set up soon, while Trump says there will be a meeting on disarmament during Asia trip10 hours ago
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: SK Hynix earnings in focus15 hours ago
- Newsquawk US Daily Equity Opening News - SKHY surges after op profit beat; NXPI & STX down after results2 hours ago
- Canada's Competition Bureau says proposed arrangements between Air Canada and United Airlines (UAL) would lead to higher prices, with the Transport Minister set to review the findings of its investigation50 min ago
- JPMorgan Chase (JPM) reportedly faces an additional GBP 100-150mln tax bill following the UK government's decision to double the corporation tax surcharge on banks, potentially jeopardising plans for its new London headquarters, Sky News reports52 min ago