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Stock impact report

SoftBank shares surge 10% after telecom unit lifts outlook, Arm strength bolsters AI narrative [MSNBC.com]

SOFTBANK GRP UNSP/ADR (SFTBY) 
NASDAQ:AMEX Investor Relations: softbank.jp/en/corp/irinfo/presentations
Company Research Source: MSNBC.com
In this articleShares ofSoftBank Group CorpArm HoldingsRevenue for the first nine months of fiscal 2025 at SoftBank Corp rose 8% from a year earlier to 5.2 trillion yen, a record for the period, while operating income also climbed 8% to 884 billion yen.Reflecting the momentum, the telecom subsidiary lifted its full-year revenue forecast to 6.95 trillion yen from 6.7 trillion previously, and increased its operating income target to 1.02 trillion yen.SoftBank Corp said the results underscored steady execution toward its fiscal 2025 goals, even as it fine-tunes parts of its consumer business to prioritize long-term profitability over subscriber growth.Revenue in the consumer business posted modest gains of 3%, while segment income rose 6%, even as smartphone subscribers fell by 100,000 in the third quarter after the company tightened its customer-acquisition policy.Stock Chart IconStock chart iconA sharp rally in Arm Holdings also provided a fresh boost for SoftBank Group, given its larg Show less Read more
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