SoftBank's $100B US Investment Plan
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post SoftBank StocksAfroTech
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Business & Economics
SoftBank CEO Masayoshi Son announced $100 billion investment plan with Trump administration
67% Informative
SoftBank CEO Masayoshi Son announced a proposed $100 billion investment in the U.S. over the next four calendar years .
The investment firm is one of the largest publicly traded companies in all of Japan , second only to Toyota .
SoftBank 's stock (SFTBY) received a massive bump in the day following the announcement, accounting for a 4.4 percent rise in the Japanese market and 1.3 percent rise on the New York Stock Exchange .
SoftBank Stocks Rise Over 4% As CEO Announces $100 Billion Investment With Trump Administration.
Trump then responded, half -jokingly, that he’d lock Son in for a $200 billion investment.
If these funds do clear in full, and these jobs in the field of AI and more are developed, economists will surely hail this move as a universal home run.
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