SoftBank seen posting bruising Vision Fund loss on tech sell-off
Japan’s SoftBank Group Corp (9984.T) is set to report a bruising loss at its Vision Fund investment unit on Thursday, analysts said, after investors sold off the high-growth stocks favoured by the fund with questions about their earnings potential.
India’s Ather targets 1 million electric scooters a year as demand soars
Ather Energy, India’s top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next three years amid a surge in demand, the startup’s co-founder and chief executive told Reuters.
Cybersecurity firm SentinelOne valued at nearly $11 bln in public debut
Shares of security software provider SentinelOne Inc (S.N) jumped 21.4% in their U.S. stock market debut on Wednesday, giving the company a market capitalization of nearly $11 billion.
