Core Viewpoint - Softbank has divested its entire $5.83 billion stake in Nvidia to focus on a significant investment in OpenAI, indicating a strategic shift in its investment priorities [1][4]. Investment Strategy - Softbank sold all 32.1 million shares of Nvidia in October as part of a broader strategy to allocate resources towards a $22.5 billion investment in OpenAI [1][4]. - The sale of Nvidia shares, along with a partial divestment of its $9.17 billion stake in T-Mobile, is intended to generate cash for funding new opportunities while maintaining financial strength [2][4]. Market Sentiment - The decision to sell Nvidia shares comes amid discussions on Wall Street regarding the potential overvaluation of AI firms, with concerns that significant investments in the sector may not yield immediate returns [5]. - Analysts suggest that the complete divestment from Nvidia indicates a lack of optimism about the company's future share price, especially in light of potential reductions in investment levels from big tech companies [7]. Financial Performance - Softbank's second-quarter profit reached 2.5 trillion yen (approximately $16.6 billion), largely driven by the rising valuation of OpenAI [9].

Group 1 - The core point of the article is that SoftBank Group reported a record net profit of 2.924 trillion yen for the half-year ending September 2025, driven significantly by its investments in artificial intelligence, particularly in OpenAI [2] - SoftBank's Vision Fund achieved investment income of 3.5361 trillion yen, a substantial increase from 610.3 billion yen in the same period last year, with OpenAI contributing approximately 2.1567 trillion yen, accounting for nearly two-thirds of the total investment income [2] - The company has invested a total of 10.8 billion USD in OpenAI and plans to increase this investment by an additional 22.5 billion USD through its second Vision Fund [2] Group 2 - SoftBank sold approximately 90 million shares of Nvidia for about 5.83 billion USD (approximately 900 billion yen) to raise funds, and also sold around 40 million shares of T-Mobile for 9.17 billion USD and reduced its stake in Deutsche Telekom for 2.37 billion USD [2] - The company's revenue grew by 7.7% year-on-year to 3.7368 trillion yen, driven by strong demand for AI chip architecture from its UK chip design company, Arm [2] - SoftBank announced an increase in its financing limit secured by Arm shares from 13.5 billion USD to 20 billion USD [2] Group 3 - SoftBank and OpenAI established a joint venture named "SB OAI Japan" on October 5, planning to launch an enterprise AI management solution called "Crystal Intelligence" exclusively in Japan starting in 2026 [3] - The announcement positively impacted SoftBank's stock price, making it the largest contributor to the Nikkei average index increase, which rose by 88.24 points [3]

Core Viewpoint - SoftBank Group is shifting its investment strategy from hardware, specifically Nvidia, to broader AI ecosystem projects, as evidenced by its recent divestment and new investments in OpenAI [2][3]. Group 1: SoftBank's Nvidia Holdings - As of the end of Q2, SoftBank sold its 32.1 million shares of Nvidia for $5.83 billion, having previously acquired nearly 5% of Nvidia for $4 billion in 2017 [2]. - SoftBank had cleared its entire Nvidia stake in 2019 for $7 billion, missing out on Nvidia's market cap growth from $100 billion to $1 trillion [2]. - In the past year, SoftBank increased its Nvidia holdings to approximately $3 billion before the recent sale, indicating a strategic shift in focus [2]. Group 2: Investment in OpenAI - SoftBank plans to invest an additional $22.5 billion in OpenAI, following a previous commitment of up to $40 billion, with an expected actual investment of $30 billion after accounting for shared loans [3]. - The first round of financing of $10 billion was completed in Q1, with $7.5 billion coming from SoftBank Vision Fund 2 [3]. - A joint venture, SB OAI Japan GK, was established to provide AI solutions to Japanese enterprises, with a product launch planned for 2026 [3]. Group 3: Financial Performance - SoftBank reported a net profit of 2.5 trillion yen (approximately 115.3 billion RMB) for Q2, significantly exceeding analyst expectations of 207 billion yen and up from 1.18 trillion yen year-on-year [4]. - The profit increase is attributed to the Vision Fund's heavy investment in tech stocks, yielding 2.8 trillion yen (approximately 129.2 billion RMB) from holdings in OpenAI and PayPay [4]. - SoftBank will implement a 1-for-4 stock split on January 1, aimed at enhancing stock liquidity and market appeal, despite recent concerns over an AI bubble [4].

Group 1 - The U.S. stock market showed mixed performance with the Nasdaq down over 2%, S&P 500 down 0.2%, and Dow Jones up 0.16% [1] - AI cloud computing stocks collectively weakened, with CoreWeave dropping 11% post-earnings, Nebius $NBIS down over 3%, and Oracle declining over 2% [1][2] - Major tech stocks like Nvidia fell over 2%, while Tesla and Meta approached a 1% decline [2] Group 2 - SoftBank sold 32.1 million shares of Nvidia for $5.83 billion, with no disclosed reason for the sale [3] - SoftBank committed to an additional investment of $22.5 billion in OpenAI, to be completed by December through Vision Fund 2 [3] - CoreWeave revised its annual revenue forecast downward due to delays in data center projects, with operating profit margin decreasing from 21% to 16% year-over-year [3] - Nebius reported third-quarter revenue below expectations and signed a $3 billion partnership with Meta to provide AI infrastructure services over five years [3]

Core Viewpoint - Nvidia shares experienced a decline following the announcement that Japan's SoftBank Group sold its entire stake in the company for $5.83 billion in October [1] Group 1 - SoftBank Group's divestment of its stake in Nvidia has led to a 2.3% drop in Nvidia's stock price, bringing it down to $194.43 on Tuesday morning [1]

Market Overview - On November 11, US stock indices opened mixed, with the Dow Jones Industrial Average up by 0.16%, the Nasdaq down by 0.49%, and the S&P 500 down by 0.19% [1][2] Technology Sector - Most technology stocks declined, with ARM falling over 2%, Tesla down by 1%, and both Microsoft and Google experiencing declines; Nvidia also dropped over 2% [1] - SoftBank Group announced the sale of all its shares in Nvidia, cashing out $5.8 billion [1] Chinese Stocks - Chinese stocks showed mixed performance, with Xpeng Motors and NIO rising over 4%, while Daqo New Energy fell over 3%, and Tencent Music dropped nearly 2% [1]

Core Insights - Nvidia's stock experienced a decline following the announcement that Japan's SoftBank Group sold a $5.83 billion stake in the company [2]. Group 1: Company Impact - The sale of the stake by SoftBank has led to a drop in Nvidia's stock price, indicating potential market reactions to significant shareholder movements [2]. - Nvidia chips are highlighted as the preferred choice for training artificial intelligence models, which underscores the company's strategic position in the AI sector [2]. Group 2: Market Context - The transaction amount of $5.83 billion reflects a substantial divestment by SoftBank, which may influence investor sentiment and market dynamics surrounding Nvidia [2].

Core Viewpoint - The U.S. stock market showed mixed performance on November 11, with the Dow Jones increasing by 0.16%, while the Nasdaq and S&P 500 indices decreased by 0.49% and 0.19% respectively [1] Group 1: Stock Performance - The technology sector experienced a decline, with ARM falling over 2%, Tesla down by 1%, and both Microsoft and Google also seeing decreases [1] - Nvidia's stock dropped more than 2% following SoftBank Group's announcement to sell all its shares in Nvidia, cashing out $5.8 billion [1] Group 2: Chinese Concept Stocks - Chinese concept stocks exhibited mixed results, with Xpeng Motors and NIO both rising over 4%, while Daqo New Energy fell more than 3%, and Tencent Music dropped nearly 2% [1]

Group 1 - Nvidia shares fell by 2.0% as SoftBank completely exited its position in the company [1] - Meta's stock decreased by 0.8% following the announcement that Chief AI Scientist Yann LeCun plans to leave [1] - CoreWeave's stock dropped by 7.9% due to a delay in performance, leading to a downward revision of its full-year revenue forecast [1] Group 2 - Gemini Space Station's shares fell by 8.1% after its first post-IPO earnings report showed losses that exceeded expectations [1] - Rocket Lab's stock increased by 8.6% as the company reported a significant narrowing of its net losses for Q3 [1]

Group 1 - SoftBank sold its entire stake in Nvidia for $5.8 billion, leading to a nearly 10% drop in Coreweave's shares, which rent Nvidia's GPUs [12][6][13] - SoftBank's second-quarter net profit more than doubled to $16.6 billion, driven by valuation gains in its OpenAI holdings [13][14] - The exit from Nvidia aligns with SoftBank's strategy to fund future AI investments, including a $1 trillion AI manufacturing hub in Arizona [14][15] Group 2 - Animoka Brands plans to go public again through a reverse merger with Current Group, aiming to own 95% of the merged entity [16][20] - The merger is seen as strategic, combining Animoka's focus on crypto and tokenization with Current's fintech services [20][22] - The regulatory environment for crypto has improved since Animoka's delisting from the Australian Securities Exchange in 2020 [23][24] Group 3 - Investors are showing interest in AI, with Coreweave's Q3 results beating estimates but issuing weaker full-year guidance, reviving concerns about AI spending returns [5][6][14] - The potential trade deal between the US and Switzerland could lower tariffs on Swiss exports, positively impacting companies like Swatch and Richemont [33][34] - Rocket Lab reported a 48% year-over-year revenue increase, reaching $155 million, indicating strong demand and growth prospects [37]