SoftBank Group Gains After Telecom Raises Outlook

SoftBank Group shares jumped over 10% after SoftBank Corp raised its full-year profit outlook following stronger first nine months of fiscal 2025. The telecom arm reported revenue up 8% to 5.2 trillion yen and lifted revenue and operating-income forecasts to 6.95 trillion and 1.02 trillion yen, while a rally in Arm Holdings driven by $1.242 billion AI revenue also bolstered investor sentiment.