SoftBank shares surge to record high after optimism for AI prospects boosted Q1 earnings
By
Binu Mathew
Shares in SoftBank Group jumped more than 13% to a record high on Friday in a show of investor support for the Japanese technology investor’s AI push after first quarter profit beat expectations.
SoftBank’s share price hit 14,205 yen at the close of morning trading and finished the day up 10.39% at 13,865 yen.
