Soft bank stock price held above the key ¥6

Soft Bank stock price held above the key ¥6,400 level, considered a tactical buy zone by several Tokyo brokerage houses. With improving sentiment in emerging market tech plays, SoftBank’s diversified portfolio may attract fresh capital inflows. The timing also coincides with structural moves at OpenAI. The company lifted its capped-profit limit in May, all the while facing continued legal pressure from Elon Musk. An OpenAI co-founder , Musk has sued the company on multiple occasions. Musk has accused OpenAI of abandoning its original nonprofit mission and allegedly attempting to steal xAI data and trade secrets. This the group's second consecutive quarter of profit and a sharp reversal from the 174.28 billion yen loss it posted in the same period a year ago. 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.