SoftBank Group Corp
Sprint-Turned-Softbank CEO Marcelo Claure 'Wants to Rule the World'
Whoop Isn't Publicly Traded Yet, SoftBank Backs the Company
What Happened to Katerra? Bankruptcy, Explained
WeWork Didn’t Work for SoftBank, but SVF Investment Might
SoftBank’s SVF Investment Corp. Files for IPO, Hype Continues
Facebook’s WhatsApp Making Progress with India’s Payments Market
Facebook (FB) has been trying to come up with a mobile payment service for WhatsApp in India (EPI) for quite some time.
Here’s the Latest Milestone for Uber
In June, ride-hailing giant Uber Technologies completed 10 billion trips, including rides and deliveries through Uber Eats.
Here’s the SoftBank Vision Fund’s Latest Acquisition
SouthEast Asian ride-hailing company Grab became the latest addition to SoftBank’s (SFTBY) Vision Fund.
TerraForm Global Was the Highest Junk Bond Issuer Last Week
Junk bond issuance activity was subdued in the week ended July 31 as issuers remained wary of the volatility in the commodities markets and the fall in Chinese equities.
Analysis of the iShares MSCI Japan ETF and Its Top Performers
An analysis of the iShares MSCI Japan ETF will tell us about more about its Volatility, showing the fluctuation in periodic returns from average returns.
A New Month Brings a New CEO for Sprint
Starting this month, Sprint (S) has a new CEO, Michel Combes. Sprint hired Combes in January as its CFO.
How the Voya Japan TOPIX Index Portfolio Class A Fared in September 2015
The Voya Japan TOPIX Index Portfolio fell by 6.7% in September 2015 from the previous month.
Amada Holdings Was EWJ’s Top Stock, Upgraded by Mitsubishi UFJ
On Monday, December 7, 2015, the stocks at the top of the iShares MSCI Japan ETF (EWJ) were Amada Holdings, Mixi, and TDK.
Elizabeth Warren Targets WeWork’s Layoffs and CEO
Last week, CNBC said that WeWork (WE) is firing 2,400 people. Supposedly, this will “create a more efficient organization.”
Analysis of International Mutual Funds: Investor Takeaways
For investors interested in international mutual funds, the next step is to evaluate the investment style, as well as risk and return metrics like the Sharpe ratio and standard deviation.
Softbank’s Journey from Alibaba to Uber and WeWork
In 2017, Softbank (SFTBY) created a pool of $100 billion to promote new business ventures. The company provided seed funding to entrepreneurs worldwide.
EWJ’s Sectoral Composition and Industry Performances
The iShares MSCI Japan ETF (EWJ) fell 0.08% from the previous day to close at $12.50 on October 26 ahead of the Bank of Japan’s monetary policy review on Friday, October 30.
Is It Time to Look at Developing Economies for Growth?
The World Bank noted that the slow growth rate of emerging and developing countries came along a slowdown in global trade and a rise in financial volatility.
Inflows Fall While Yields on High Yield Bond Funds Surge
Investor flows in high yield bond funds were positive for the third successive week last week, but their volume fell sharply.
Chemicals and Oil and Gas Industries Weigh on EWJ
The oil and gas industry provided a return of -1.6% on December 31. The continuous fall in crude oil prices dragged down the oil and gas industry’s performance.
The Japanese Housing Sector Sent a Mixed Signal in December
According to the Ministry of Land, Infrastructure and Transport, Japanese housing starts fell 1.3% in December YoY as compared to a rise of 1.7% in November.
Softbank to Face Shareholders, Wirecard Investment Draws Scrutiny
SoftBank (OTCMKTS:SFTBY) will host its 2020 annual meeting of shareholders today. The shareholder meeting comes at an interesting time for the company.
Why SoftBank Might Want to Sell Its T-Mobile Stake
SoftBank (OTCMKTS:SFTBY) has opened discussions with Deutsche Telekom (OTCMKTS:DTEGY) about selling some of its shares in T-Mobile (NYSE:TMUS).
SoftBank Shuffles Board, Alibaba’s Jack Ma Quits amid Losses
Today, SoftBank Group (OTCMKTS:SFTBY) announced that Jack Ma resigned. He’s the co-founder of China’s e-commerce giant Alibaba Group (NYSE:BABA).
3 Things Anyone Buying SoftBank Stock Needs to Know
SoftBank stock closed Tuesday at $21.76. At this price, the stock has pulled up nearly 80% from its pandemic lows of $12.20 reached in March.
Dish Completes Rights Offering: How Big Is Its Funding Gap?
Last month, Dish Network set out to raise cash through a rights offering. Dish completed the rights offering and raised about $1 billion in cash.
Dish Stock Jumps after Chairman Mentions SoftBank in Merger Trial
Dish stock jumped after Dish Network Chairman Charlie Ergen mentioned financial support from SoftBank in the T-Mobile–Sprint merger trial. We’ll look at what this support means to Dish.
Why Amazon Stock Dropped 3% in December
In December, Amazon (AMZN) stock opened above $1,800 but dropped by 3% during the week to close at $1751.6. In addition, its YTD returns dropped to 14%.
If WeWork Tries to Forget Its Past, Will the SEC Let It?
The SEC is inquiring about the possibility of WeWork’s non-compliance with SEC rules. There are enough red flags here to demand investors’ attention.
Telecom Trends to Watch: 5G, AI, Cloud, and IoT
The global telecom industry is undergoing a rapid transformation, especially with the advent of 5G technology. We look at the telecom space’s key trends.
Softbank Earnings and Uber: Will Masa Sell Uber Stock?
Japanese conglomerate Softbank (SFTBY) released its Q2 earnings today, and the results took a big hit from Uber and WeWork.
WeWork: Hello Softbank, Goodbye JPM and Neumann?
A few hours ago, Reuters reported that WeWork’s board would meet today to discuss financing proposals from Softbank and JPMorgan Chase.
Peloton IPO: Another Unicorn Debut Bites the Dust
Peloton stock, which lost 8.9% on September 26 on its public debut, was trading 4% lower on September 27 at $24.73 as of 10:36 AM ET.
Slack Stock Hits Its Lowest Close, Down 37% since Debut
After losing 11.4% between September 1 and September 20, Slack stock crashed 4.8% yesterday to take its September losses to 15.7%.
WeWork’s Failed IPO: What’s Really Worrying Investors
The We Company has pulled the plug on WeWork’s IPO. Are prospective investors worried that Adam Neumann will end up being another Elon Musk?
WeWork IPO Shelved, Unicorn Stocks Lose Luster
WeWork, which was expected to go public this month, has suspended its IPO at least until next month after a lackluster response from potential investors.
Slack Stock Sinks on Legal Trouble, Growth Worries
Today, Slack (WORK) stock has been getting crushed after opening marginally higher. At 12:44 PM ET, the stock was trading at $24.4, down 10.9%.
Could WeWork Go Public at 50% Valuation?
Reports indicate that WeWork is looking to cut its valuation by over 50% to ease its upcoming IPO. WeWork was privately valued at $47 billion in January.
Facebook, Ex-Vodafone CEO Find Common Ground in Meesho
Facebook (FB) has joined with Naspers (NPSNY) and former Vodafone (VOD) CEO Arun Sarin to inject $125 million of fresh capital into Meesho.
The WeWork IPO: Will It Follow UBER or BYND?
WeWork is looking to raise about $3.5 billion with its IPO, making it the second-largest biggest IPO this year after Uber’s IPO in May.
Uber Stock May Crash after Hiring Freeze, Slowing Growth
On August 9, Yahoo! Finance reported that Uber (UBER) is imposing a hiring freeze for tech talent. The same day, Uber stock ended 6.8% lower.
Slack, DoorDash Boost Softbank Vision Fund’s Q1, Uber Lags
Softbank Vision Fund, Softbank’s $97 billion megafund, was a star performer in its first quarter of fiscal 2020. Let’s see why.
Why Softbank Wants to Offload Stake in NVIDIA
NVIDIA (NVDA) stock has had a dream run in the last three years. However, the last couple of months have been bad for the company’s stock.
SoftBank’s Masayoshi Son: Japan’s Buffett Once Lost $70 Billion
What do Berkshire Hathaway’s (BRK.B) Warren Buffet and SoftBank’s Masayoshi Son have in common?
Microsoft, Apple Support Softbank’s $108 Billion AI Fund
On Friday, Softbank (SFTBY) announced the launch of AI-focused Vision Fund 2. The fund is expected to start with a capital of $108 billion.
How SoftBank’s Masayoshi Son Is Changing the Investing Space
Armed with the largest tech-focused fund in the world, Masayoshi Son’s SoftBank (SFTBY) is disrupting the investing space.
Slack Reported Strong Revenue Growth
Slack’s current investors include SoftBank, Andreessen Horowitz and Social Capital, and others. They might look to benefit from the direct listing.
Door Dash Raises $600 Million and Gives GrubHub Run for Its Money
Food-delivery company Door Dash just raised $600 million in a Series G funding.
Uber Gets a $1 Billion Injection from Three Japanese Companies
Uber announced last week that it had forged a deal with three Japanese companies to raise $1 billion for its autonomous vehicle unit.
Why Acquisition of Careem Is a Big Win for Uber
Ride-hailing giant Uber is set to spend $3.1 billion to have full ownership of Middle-East rival Careem.
Why GrubHub Stock Tanked 8.4% on March 19
GRUB has now fallen more than 50% since hitting an all-time high of $149.35 in September 2018.
How Uber May Be Cutting Its Losses Further
Stiff competition from local competitors has led to steep losses for ride-hailing giant Uber over the years.
Uber’s Net Loss Shrank, but Its Revenue Growth Is Slowing Quickly
SoftBank-backed (SFTBY) Uber, which is slated to go public later this year, announced its fourth-quarter earnings results on February 15.
How Does Alibaba Operate Ele.Me?
Last year, Alibaba (BABA) made a big bet on China’s local consumer services industry with its acquisition of online food delivery provider Ele.me in a transaction that valued the business at $9.5 billion.
Why Baidu Is Keen on Japan’s Self-Driving Market
Baidu (BIDU) has partnered up to introduce its Apolong self-driving minibus in Japan next year.
How Geographic Restriction Has Hurt VPACX in 2016
Almost all holdings from the financial sector have contributed negatively to the VPACX so far in 2016.
Telecom Services Cap the High Portfolio Turnover for SAESX
The SunAmerica Japan Fund – Class A (SAESX) fell a sharp 17% in the first four months of 2016, making it the second-worst performer among the nine funds in this review.
HJPNX: How It’s Changing Its Portfolio in 2016
Industrials, consumer discretionary, healthcare, and consumer staples form the core of HJPNX. These four sectors combine to form 72% of the portfolio.
The Fidelity Pacific Basin Fund Shows Superlative Metrics
From a purely net asset value return standpoint, the Fidelity Pacific Basin Fund (FPBFX) was among the top three funds in its peer group in the one-year period ending March 31, 2016, as well as in 1Q16.
Does the MFS International Growth Fund Deserve Your Attention?
The MFS International Growth Fund’s standard deviation, or the volatility of returns, in the one-year period until February 29 was 15.3%.
Performance Breakdown of the Fidelity Pacific Basin Fund (FPBFX)
In terms of NAV (net asset value), the Fidelity Pacific Basin Fund (FPBFX) was the best-performing fund among the nine we’ll be looking at in this series.
A Portfolio Scan of the T. Rowe Price Japan Fund in 2015
The T. Rowe Price Japan Fund (PRJPX) is well diversified with 78 holdings as of December 2015. It was managing assets worth $330.08 million at the end of December.
What Contributed to the Rise in Japanese Inflation in December?
The target inflation rate set by the B0J (Bank of Japan) stands at 2.0%. However, the December inflation is much lower than the target inflation rate.
Unemployment Rises in Japan
According to Japan’s Ministry of Internal Affairs & Communications, the unemployment rate rose to 3.3% in November 2015, as compared to 3.1% in October 2015 and 3.5% in November 2014.
Japan’s Household Spending Fell with a Drop in Income
Household income in Japan fell 1.8% YoY (year-over-year) in November, despite rises in new orders and production levels.
Japan’s Inflation Rate Remained Unchanged in November
With an increase in food prices by 2.9%, Japan’s CPI remained relatively unchanged on a YoY basis in November, recording the same increase of 0.3% seen in October 2015.
EWJ: Why Are Most of the Holdings Moving towards an Uptrend?
On November 18, 75% of the portfolio holdings of the iShares MSCI Japan ETF (EWJ) closed above their 100-day moving averages—up from 66% on November 17.
Assessing Liquidity Risk in the Corporate Bond Market
Liquidity risk has fallen from levels seen during the financial crisis of 2008. Since 2011, liquidity risk in the corporate bond market has decreased.
High-Yield Bond Issuance Plummets in 3Q15
High-yield bond issuance fell in 3Q15 compared to 2Q15, with July and August seeing muted issuance activity. Both of these months saw the least issuance in 2015 year-to-date.
A Stock-Level Analysis of Japan-Focused Mutual Funds: PRJPX
The T. Rowe Price Japan Fund’s (PRJPX) total returns for the past one year ended July 24, 2015, stood at 6.8%. Toyota has been the fund’s top holding in the period, forming 4.8% of the portfolio on average.
The DXJ and DBJP ETFs: How Do They Compare?
The total number of holdings in the WisdomTree Japan Hedged Equity ETF (DXJ) is 329, whereas the total is 316 for the Deutsche X-trackers MSCI Japan Hedged Equity ETF (DBJP).
Issuance Jumps in the Primary Leveraged Loans Market
The US leveraged loans market saw an allocation of $16.2 billion in senior loans in the week ending July 31. This was sharply higher than the $9.3 billion priced in the week ended July 24.
Why tax and regulation issues in Japan affect iPhone sales
During the company’s conference call to announce fiscal Q3 earnings, Apple’s management said that there were some unforeseen issues in Japan in fiscal Q3.