SoftBank swings to Q4 profit in sign of comeback gaining steam

Weather’s role in wildfires in Atlantic Canada | SaltWire #weather #climatechange #wildfireseasonTOKYO -Japanese technology giant SoftBank Group swung to a quarterly profit on Monday from a year earlier, reporting a net profit of 328.9 billion yen for the January-March period.

But the promise of an AI-driven future has bolstered the valuation of SoftBank's crown jewel asset, British chip design firm Arm Holdings.

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