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Global Markets: Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firm
Japan's Nikkei index reached a historic 67,000 mark. AI stocks powered this surge, with SoftBank Group becoming the nation's most valuable company. SoftBank's significant jump contributed heavily to the Nikkei's rise. This rally highlights strong earnings in the AI sector. Meanwhile, broader market sentiment faced headwinds from Middle East uncertainties.
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thenextweb.com
SoftBank overtakes Toyota as Japan’s most valuable company on the AI rally
SoftBank’s market cap topped Toyota’s for the first time in 23 years on Monday, driven by its $65bn OpenAI stake and a Nikkei 225 breaking 67,000.
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channelnewsasia.com
Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firm
TOKYO, June 1 : Japan's Nikkei share average topped 67,000 for the first time on Monday, powered by AI-related stocks, as startup investor SoftBank Group overtook Toyota Motor to…
