SoftBank reports $2.2B Q1 profit beating expectations; $8.2B gain from Intel stake drives results as ByteDance rises $2.2B, OpenAI flat after prior quarter's $20B surge.

SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat

CANADA - 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesSoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations, driven by a huge gain on its stake in Intel, while a rise in ByteDance's value helped its Vision Fund division.The Japanese giant said net profit for the June...