It marks a triumphant return for SoftBank Chief Executive Masayoshi Son, a risk-loving investor who bets heavily on emerging tech trends—and is often scorched by bad choices. Just two years ago, SoftBank was posting record losses after piling tens of billions of dollars into money-losing startups including WeWork whose fortunes soured when interest rates rose. + The stock is up 56% over the past year, thanks largely to SoftBank’s 90% stake in chip designer Arm, which has surged on investor thirst for AI-linked stocks.
Eliot Brown is a reporter at The Wall Street Journal. He focuses on markets, cryptocurrency, and major tech companies, including Softbank and WeWork, while also exploring the implications of AI in these sectors. Eliot's work has been featured in prominent publications such as The Wall Street Journal, Yahoo Finance, and Financial News.