SoftBank shares surge after telecom unit lifts outlook, Arm strength
Shares of SoftBank Group Corp jumped over 10% after its telecom arm, SoftBank Corp, raised its full-year profit outlook, while renewed optimism around Arm Holdings added to bullish sentiment toward the group’s artificial intelligence exposure. Revenue for the first nine months of fiscal 2025 at SoftBank Corp rose 8% from a year earlier to 5.2…
