TL;DR CNBC

SoftBank CEO and Trump announce $100 billion investment in U.S. by firm

Publishing timestamp: 2024-12-16 14:02:42

Summary

SoftBank CEO Masayoshi Son announced a $100 billion investment in the U.S. over the next four years during a visit to President-elect Donald Trump's residence. The investment will focus on creating 100,000 jobs in artificial intelligence and related infrastructure. This is a follow-up to a similar announcement made in 2016, showing confidence in America's future. Funding could come from various sources controlled by SoftBank.

Sentiment: POSITIVE

Tickers: 9984.T-JP,  ARM, 

Keywords: breaking news: markets,  donald trump,  palm beach,  breaking news: technology,  technology,  softbank group corp,  business news,  united states,  breaking news: politics,  breaking news: business,  masayoshi son,  sara eisen,  florida,  arm holdings plc, 

Source: https://www.cnbc.com/2024/12/16/softbank-ceo-to-announce-100-billion-investment-in-us-during-visit-with-trump.html