SoftBank Group Shares Surge Almost 20% on OpenAI, SB Energy IPOs
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ML v2 (DistilBERT)
0.270 · RIGHT
Ensemble
0.135 · CENTER
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Article Excerpt
Signage for SoftBank Corp. displayed at a store in Tokyo, Japan, on Monday, May 11, 2026. SoftBank Group Corp. is scheduled to release earnings figures on May 13. Photographer: Toru Hanai/Bloomberg PHOTO BY TORU HANAI /Bloomberg Article content (Bloomberg) — SoftBank Group Corp.’s stocks soared nearly 20% in Tokyo after reports said two companies backed by the Japanese investor – OpenAI and SB Energy Corp. – are preparing for US initial public offerings. Article content OpenAI is preparing to file for an IPO in the coming weeks and is targeting a public debut sometime in the fall, according to…
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Jun 2, 2026