On February 13, SoftBank Group opened nearly 10% higher, rising sharply for the third consecutive day, closing at 8,492 yen, an increase of 627%。SoftBank Group shares also hit their highest level since May 2021.
According to the latest quarterly earnings data, Son holds 2902% stake, nearly 426.7 billion shares. With SoftBank Group's stock price for three consecutive trading days**, Son's personal wealth increased by 53 percent in just three days$500 million.
Under the wave of AI, the stock prices of U.S. chip companies continued to soar. After the stock price rose 40% on Friday, ARM rose 29% again on Monday3% to close at 148$970.
It is worth noting that ARM's share price** began with the release of strong fiscal third quarter (October-December) results and the explanation of how it can benefit from the AI wave in its earnings report.
Stimulated by the performance and expectations, ARM soared 42% after hours, and the stock price rose 93% in the three trading days from February 8 to February 12**. After several days, Arm's latest market capitalization has reached $153.2 billion, and has significantly narrowed the gap with Intel's market capitalization. Currently, Intel has a market capitalization of about $186 billion. When it went public in September last year, ARM had a market capitalization of only 652$4.8 billion.
Although ARM has been listed, only a small number of ** can be traded in the market, and SoftBank Group holds a whopping 90% of the shares6%。At the same time, ARM is already the most dazzling pearl in the assets held by SoftBank Group. According to the financial report, as of December 31, 2023, ARM's equity value accounted for 32% of SoftBank Group's net assets, which is already the largest single asset in SoftBank Group's portfolio.
In addition, driven by the stock price of SoftBank Group, on February 13, the Nikkei 225 index opened higher, once exceeding 38,000 points in the intraday, continuing to hit a new high in nearly 34 years since 1990. As of **, the index is at 3796397 points, up more than 1,000 points from the previous trading day, an increase of 289%, with an intraday gain of more than 3% at one point.
It is worth noting that on February 8, SoftBank Group also released a report that exceeded expectations for the third fiscal quarter of 2023 (October-December). SoftBank Group reported a net profit of 950 billion yen ($6.4 billion) in the third quarter of last fiscal year, compared with a loss of 783 billion yen in the same period last year, according to the financial report.
SoftBank Group's earnings level is more than double the market expectation of 373 billion yen (about 2.5 billion US dollars), which is also the first quarterly profit of SoftBank Group since September 2022.
*: The Paper.