SoftBank Group is trading 4% up at $18.55. - SoftBank Corp., its core telecom unit, reported strong Q1 results on August 4, with 31% AI and cloud revenue growth and projections for 30% CAGR through 2027. - The stock also benefited from a 17.36% overnight rally in Arm, a key asset for SoftBank Group, and a broader regional rally in Asian tech and AI-related names.