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SoftBank Group Corp. (OTC:SFTBY) Announces Stock Split and Major AI Investment
Financial Modeling Prep· 2026-01-10 01:00
Group 1 - SoftBank Group Corp. is a multinational conglomerate based in Japan, focusing on investments in technology, energy, and telecommunications sectors [1] - The company executed a 1-for-4 stock split on January 8, 2026, providing shareholders with one new share for every four shares owned [1] - SoftBank's market capitalization is approximately $162.28 billion, with a current trading price of $14.24, reflecting a 2.45% increase [3] Group 2 - The stock split aligns with SoftBank's advancements in the AI sector, including a $1 billion investment in SB Energy as part of the Stargate initiative to expand AI data centers [2] - This strategic move emphasizes the synergy between technology and energy sectors, showcasing SoftBank's commitment to enhancing its AI infrastructure platform [2] - The stock has fluctuated between $13.60 and $14.55 today, with a yearly high of $22.50 and a low of $4.97 [3]
Saba Capital activist Boaz Weinstein calls for removal of Baillie Gifford-run tech investment trust’s entire board
CNBC· 2025-11-27 11:45
Boaz Weinstein is calling for the removal of the entire board of a tech-focused fund managed by Baillie Gifford, in a bid to reverse what the activist investor sees as "unprecedented" value destruction.In a letter to the Edinburgh Worldwide Investment Trust's board on Thursday, Weinstein — whose activist investment firm Saba Capital owns around 30% of shares in the trust — said the board has "objectively and categorically failed" to deliver the performance expected by shareholders.EWIT's portfolio comprises ...