WHOOPS: Softbank is cashing out of Nvidia!
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WHOOPS: Softbank is cashing out of Nvidia! AI casino's closing, take your winnings *right now* ... or don't. Sucker. https://apnews.com/article/japan-softbank-son-nvidia-ai-chips-d8a10172850628c317a214280a4d94c9
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WHOOPS: Softbank is cashing out of Nvidia! AI casino's closing, take your winnings *right now* ... or don't. Sucker. https://apnews.com/article/japan-softbank-son-nvidia-ai-chips-d8a10172850628c317a214280a4d94c9
@cstross That’s the first domino. Let’s see how the stocks stand tomorrow night.
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@cstross That’s the first domino. Let’s see how the stocks stand tomorrow night.
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undefined oblomov@sociale.network shared this topic on
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@cstross @axeln Well, it's right in your headline, but also in this other article https://www.cnbc.com/2025/11/11/softbank-sells-its-entire-stake-in-nvidia-for-5point83-billion.html they specifically quote an analyst stating
“This should not be seen, in our view, as a cautious or negative stance on Nvidia, but rather in the context of SoftBank needing at least $30.5bn of capital for investments in the Oct-Dec quarter, including $22.5bn for OpenAI and $6.5bn for Ampere,” Rolf Bulk, equity research analyst at New Street Research, told CNBC.
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@cstross @axeln Well, it's right in your headline, but also in this other article https://www.cnbc.com/2025/11/11/softbank-sells-its-entire-stake-in-nvidia-for-5point83-billion.html they specifically quote an analyst stating
“This should not be seen, in our view, as a cautious or negative stance on Nvidia, but rather in the context of SoftBank needing at least $30.5bn of capital for investments in the Oct-Dec quarter, including $22.5bn for OpenAI and $6.5bn for Ampere,” Rolf Bulk, equity research analyst at New Street Research, told CNBC.
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