Soft bank stock price saw intraday highs of ¥6

Soft Bank stock price saw intraday highs of ¥6,470 before profit-taking pushed it lower. Positive market breadth across Asian equities may keep buying interest alive, especially among domestically-focused funds. OpenAI has overtaken SpaceX to become the world’s most valuable private company after a $6.6 billion employee share sale at a $500 billion valuation—the milestone underscoring the investor frenzy fueling the artificial-intelligence boom. Oracle will pay for and oversee the construction of three of the new data centers. OpenAI will then purchase computing power from Oracle. Oracle’s co-chief executive Clay Magouyrk said that the cloud computing giant would pay for the construction of these facilities partly by exploring new kinds of financial deals with various partners, technology providers and other investors. Soft Bank stock price traded flat at ¥6,442 amid mixed global market signals. Analysts note that a weaker yen could improve revenue translation from overseas assets, potentially supporting the valuation over the next quarter.