SoftBank Group is trading at $42.55, up +6.80% as technology stocks lead a stronger risk-on session.
- The NASDAQ Composite is up 1.32%, while falling oil prices and Treasury yields are improving investor sentiment.
- SoftBank increased its Arm-backed margin loan by $5 billion to $25 billion to fund expanding AI investments.
- The loan announcement was previously associated with concern about leverage rather than today’s gain.