FT AI·
Demand for AI stocks powers tech giant’s shares as it takes top spot by market capitalisation
Read full articleSoftBank's dominance in AI investments highlights the potential volatility and influence of tech giants on market indices and investor strategies. The post Nikkei tops 67,000 on AI boost as SoftBank becomes Japan’s most valuable firm appeared first on Crypto Briefing.
SoftBank's dominance in AI investments highlights the potential volatility and influence of tech giants on market indices and investor strategies. The post Nikkei tops 67,000 on AI boost as SoftBank becomes Japan’s most valuable firm appeared first on Crypto Briefing.
The post Japanese yen hovers near multi-week low vs USD on Mideast risks appeared on BitcoinEthereumNews.com. The USD/JPY pair kicks off the new week on a positive note and climbs back closer to the 159.50 level during the Asian session, eyeing a four-week top set last Thursday amid a combination of factors. Data released earlier today showed that Japan’s corporate Capital Spending flatlined in the first quarter, falling short of market expectations and marking a sharp deceleration from the 6.5% YoY rise seen in the final quarter of 2025. This comes on top of economic concerns stemming from the Middle East conflict and the continued energy supply disruption through the Strait of Hormuz, which, in turn, is seen undermining the Japanese Yen (JPY). Apart from this, a goodish pickup in the US Dollar (USD) demand turns out to be another factor supporting the USD/JPY pair. Persistent geopolitical uncertainties, along with hawkish US Federal Reserve (Fed) expectations, assist the safe-haven U
A potential BOJ rate hike could stabilize the yen short-term, but risks slowing Japan's growth and impacting global financial markets. The post Yen faces heightened intervention risk ahead of June 16 BOJ hike appeared first on Crypto Briefing.
The post SoftBank Bets Up to €75 Billion on France in Massive AI Data Center Push appeared on BitcoinEthereumNews.com. SoftBank is going to invest a massive amount of money to construct data centers in France. SoftBank Group is making a huge move in AI infrastructure in Europe, with plans to develop and operate a whopping 5 gigawatts of AI data center capacity in France. The investment, which could reach up to 75 billion euros, is intended to meet surging demand for high-performance computing and position the country as a major European hub for artificial intelligence infrastructure. According to an official release, the first phase of the project will include an initial €45 billion investment. It should deliver 3.1 GW of AI data center capacity in the Hauts-de-France region by the year 2031. The facilities are planned for Bosquel, Bouchain, and Dunkirk, with SoftBank also eyeing additional sites across the country. The announcement was made at the Choose France summit, hosted by Pre
SoftBank is going to invest a massive amount of money to construct data centers in France.
The post SoftBank Commits Up To €75 Billion To Build Massive Data Center Network In France appeared on BitcoinEthereumNews.com. SoftBank Commits Up To €75 Billion To Build Massive Data Center Network In France Skip to content Home AI News SoftBank Commits Up to €75 Billion to Build Massive Data Center Network in France Source: https://bitcoinworld.co.in/softbank-75-billion-french-data-centers/
Japan's increased reliance on Russian oil amid Middle East supply disruptions highlights global energy security vulnerabilities and market volatility. The post Japan’s Middle East oil imports plunge 67% amid Strait of Hormuz blockade appeared first on Crypto Briefing.
