neutral
Nikkei pares gains as SoftBank shares drop sharply
Japan’s Nikkei index gave up early gains after a steep fall in SoftBank Group shares, which declined nearly 10%. The drop followed intensifying competition between OpenAI and Google’s Gemini in advanced AI systems, adding pressure to technology-related sentiment. Broader trading remained mixed as investors evaluated global growth signals and corporate updates from Asia.
Companies:
- SoftBank Group
Tags:
- nikkei
- softbank
Related:
Explore:Mutual Fund Themes
neutral
Nikkei pares gains as SoftBank shares drop sharply
Japan’s Nikkei index gave up early gains after a steep fall in SoftBank Group shares, which declined nearly 10%. The drop followed intensifying competition between OpenAI and Google’s Gemini in advanced AI systems, adding pressure to technology-related sentiment. Broader trading remained mixed as investors evaluated global growth signals and corporate updates from Asia.
Companies:
- SoftBank Group
Tags:
- nikkei
- softbank
Related:
Explore:Mutual Fund Themes
1 min read
54 words
Japan’s Nikkei retreated after SoftBank slid nearly 10 percent amid heightened AI competition between global technology leaders.
Japan’s Nikkei index gave up early gains after a steep fall in SoftBank Group shares, which declined nearly 10%. The drop followed intensifying competition between OpenAI and Google’s Gemini in advanced AI systems, adding pressure to technology-related sentiment. Broader trading remained mixed as investors evaluated global growth signals and corporate updates from Asia.
Japan’s Nikkei index gave up early gains after a steep fall in SoftBank Group shares, which declined nearly 10%. The drop followed intensifying competition between OpenAI and Google’s Gemini in advanced AI systems, adding pressure to technology-related sentiment. Broader trading remained mixed as investors evaluated global growth signals and corporate updates from Asia.
Companies:
- SoftBank Group
Tags:
- nikkei
- softbank
- nikkei
- softbank
- japan markets
- ai
Related: