SoftBank Group is trading 3.9% up at $39.19 as macro optimism and strength in broader equity markets continue to fuel a risk-on rally.

  • The stock is extending a sharp rebound that followed a softer June CPI print, which previously lifted shares by 3.1% on July 14.
  • With no new company-specific news reported this morning, the gains are largely attributed to favorable broader market conditions and shifting investor sentiment.