David Keohane / Financial Times:
SoftBank reports Q4 net income up 3x to ~$11.6B, above ~$1.5B est., driven by a $25B gain in its OpenAI stake; by October, its OpenAI investment will hit $64.6B — Japanese group books net income of $11.6bn in fourth quarter, vastly ahead of analyst expectations
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Wednesday, May 13, 2026
SoftBank reports Q4 net income up 3x to ~$11.6B, above ~$1.5B est., driven by a $25B gain in its OpenAI stake; by October, its OpenAI investment will hit $64.6B (David Keohane/Financial Times)
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The EU Commission charges Temu with failing to cooperate during a December 2025 raid on its Dublin HQ as part of a probe into the company's foreign subsidies (Inti Landauro/Reuters)
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