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SoftBank Group Corp. (SFTBF)
- Bloomberg
Elliott Has Sold Almost All of Its SoftBank Stake, FT Says
(Bloomberg) -- Hedge fund Elliott Management Corp. has sold off almost all of its position in SoftBank Group Corp., the Financial Times reported on Tuesday, extending losses for the embattled Japanese investment group to as much as 2.3% on the day.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetWells Fargo Plans Major Retreat From Mortgage Business It Long Dominated‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsDOJ Opposes Release o
- Motley Fool
Why Shares of Nu Holdings Are Rising Today
Shares of the Brazilian digital bank Nu Holdings (NYSE: NU) traded roughly 11.4% higher as of 2:37 p.m. ET today after a large, well-known institutional investor revealed that it has taken a position in the company. The large Japanese conglomerate and tech investor SoftBank (OTC: SFTBF) revealed in its 13F filing, which shows what stocks the company bought and sold between April 1 and June 30, that it has purchased 22 million shares of Nu valued at nearly $82.3 million.
- Bloomberg
Ola Founder Plans Locally Produced Electric Car by 2024
(Bloomberg) -- Bhavish Aggarwal, who founded India’s top ride-hailing startup and then moved into manufacturing electric scooters, is expanding his business empire again. He unveiled plans Monday to enter the electric-car market in competition with local giants like Tata Group and global automakers from Hyundai Motor Co. to Tesla Inc. Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetWells Fargo Plans Major Retreat From Mortgage Business It Long Dominated‘Next Ge
