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Deutsche Telekom Lifts Full-Year Guidance
The Wall Street Journal134d agoneutral
Deutsche Telekom Lifts Full-Year Guidance

The company reported lower net profit in the first quarter, but raised its full-year expectations following an outlook increase from its U.S. subsidiary.

SoftBank Stock Surges on Chip Optimism
The Wall Street Journal140d agobullish
SoftBank Stock Surges on Chip Optimism

Shares in tech investor SoftBank Group jumped 18.4% in Tokyo today, marking their biggest gain since the pandemic. The move helped drive the Nikkei 225 5.6% higher to close at a record level. It came on the heels of a surge in optimism in chip stocks in the U.S., after shares in AMD and other chip makers rose following results late Tuesday.