SoftBank to gain $34 billion from cutting Alibaba stake
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/24/2026
- Wall Street ends down as oil prices, Treasury yields rise
- BTIG’s Krinsky warns 2000-like signals are mounting
- HSBC remains max bullish on stocks, tells investors to lean into tech
- Analyst explains why the midterm outcome is a “fundamental non-event”
- Oil settles up around 4% as Iran's president vows to never surrender
- Anthropic's Claude AI identifies novel enzyme system in DNA search
- Wall Street ends down as oil prices, Treasury yields rise
- AppLovin (APP) on watch amid 3% drop premarket as boutique comments circulate
- Plug Power COO resigns to join another company
- Xtend AI Robotics wins Phase III of USSOCOM lethal drone program
SoftBank to Gain $34.1 billion From Alibaba (BABA) Stake Sale
August 10, 2022 3:24 PM EDTSoftBank Group will make a $34.1 billion gain from reducing its stake in Alibaba (NYSE: BABA), the company said Wednesday.
The move to cut its stake in the company comes as SoftBank looks to shore up its finances as economic instability continues. SoftBank... More
