Japan's SoftBank Group has pumped $ 4 billion in investments into shares of tech giants such as Amazon, Microsoft and Netflix.
According to Arabiya Net, this move may be the cause of the strong gains that these stocks have witnessed in recent weeks.
The group purchased individual technology stock options for another $ 4 billion and is linked to $ 50 billion in tech stocks and sold them at higher prices, according to the Wall Street Journal. / p>
SoftBank Group has injected a hundred million dollars into the startup Biofourmis Pte, which has raised the company's valuation three times the company's previous valuation.
The group injected this investment through its $ 100 billion Vision Fund 2 fund. The company is working on artificial intelligence software that predicts the problems of patients suffering from heart disease.
In addition, Japanese magazine Toyo Kizai said that the SoftBank Group is working to accelerate the pace of its investments in US stocks listed on the stock exchange, which revolves around information technology companies in Outside.
A document filed with the US Securities and Exchange Commission (SEC) on August 17th revealed that, as of the end of June this year, the group acquired Shares of 25 brands, including Amazon and Microsoft.
(Amazon fun knowledge)
