ARM is both a joy and a problem for Softbank, why? On one side, the stock is Masa Son’s current jewel of the crown, but on the other, #Softbank owns 90% of it, precluding them from liquidating the investment and gathering badly needed cash to repay its mounting debt. I…
Tag:#ARM
TALES OF A ROARING KITTY AND A TREMBLING SOFTBANK
History never repeats, but it often rhymes. Yesterday was one of those very fascinating days in which you experience so many déjà vu moments. A few hours before #Softbank’s FY2023 results, a kitty started to roar again after more than 3 years of silence (@TheRoaringKitty), and vibes from 2021 started…
DOES SOFTBANK NEED THE WEEKEND TO NEGOTIATE ITS BAILOUT?
While global investors are busily plucking daisy petals to decide between fear and #fomo, a (very) large elephant is crying out in pain in one corner of the globe. In a surreptitious move, #Softbank quietly rescheduled the release of their Financial Results for the entire 2023 fiscal year from the…