SoftBank sold its entire stake in Nvidia, pocketing $5.83 billion to help bankroll envisioned AI investments. On Tuesday, SoftBank executives sidestepped questions about whether the industry is fomenting an AI investment bubble, and said the sale had nothing to do with Nvidia itself but was a necessary financing measure.
The Senate passed a temporary funding measure to end the US government shutdown, with a vote of 60-40, after a group of centrist Democrats backed the bill. The bill would pay all federal workers who were denied pay during the shutdown and forbid any federal layoffs through Jan. 30.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. (Source: Bloomberg)