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  • Reuters

    SoftBank seen returning to loss in Q4 despite tech stock strength

    Japanese technology investor SoftBank Group is expected to slip back into the red when it reports earnings on Monday despite technology stocks including Arm Holdings, its core asset, performing well over the quarter. Analysts and investors are also eagerly awaiting clues about new growth investments as SoftBank has ample liquidity and can monetise its huge holding in Arm. The share price of Britain-based Arm, in which SoftBank has a 90% stake, roughly doubled in February after strong earnings results stoked investor excitement over Arm's anticipated gains from the adoption of generative artificial intelligence (AI), but Arm's share price does not feed into SoftBank's profit as it is a wholly-owned subsidiary.

  • Thomson Reuters StreetEvents

    Q1 2024 Playtika Holding Corp Earnings Call

    Q1 2024 Playtika Holding Corp Earnings Call

  • Reuters

    FOREX-Dollar nurses losses post soft jobs data, pound keeps gains

    The U.S. dollar steadied in Asian trading on Friday after losing ground overnight to the euro and sterling on the back of U.S. data showing further signs of a cooling labour market and hence higher odds of Fed rate cuts this year. Against the Japanese yen, the dollar was trading at 155.615 yen, off lows but unable to reclaim Thursday's 155.95 high. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, was just a tad higher at 105.28.