SoftBank surges past Toyota to become Japan's most valuable company on the AI rally |
SoftBank surges past Toyota to become Japan's most valuable company on the AI rally
SoftBank stock climbed 14% on Monday, pushing its market cap above ¥48 trillion as AI euphoria reshapes Japan's corporate hierarchy
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SoftBank Group overtook Toyota $TM Motor as Japan's most valuable company on Monday, marking a turning point in how investors are pricing Japan's biggest corporate names amid a global AI rally, according to Bloomberg.
Monday's 14% surge in Tokyo pushed SoftBank's total market value to more than ¥48 trillion, leaving Toyota's roughly ¥46 trillion valuation behind. The last time SoftBank held this position was during the peak of Japan's internet bubble in 2000, according to........