SoftBank Group Surges Over 11% as Subsidiary’s Q1 Operating Profit Beats Estimates, 30% AI Growth Guidance Lifts Sentiment
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- SoftBank Group shares surged over 11% following its subsidiary SoftBank Corp.'s better-than-expected Q1 operating profit of 302.3 billion yen and a strong AI business growth guidance of 30%.
- The valuation recovery was further supported by a 17.36% overnight surge in Arm's stock price and robust enterprise cloud and AI revenue growth.
- Despite positive market sentiment, SoftBank Group still faces approximately $30 billion in debt maturing in the second half of the year, leaving leverage risks active.