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SoftBank sells Nvidia stake for $5.8 billion to fund AI investments — What does it mean for shareholders?

SoftBank sells Nvidia stake for $5.8 billion to fund AI investments — What does it mean for shareholders?

Posted by By newsportaltoday November 11, 2025
Japan's SoftBank Group Corp. on Tuesday said it had sold all its stake in Jensen Huang's Nvidia, pocketing a massive $5.83 billion with the sale, as the Masayoshi Son-led company…
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Novo Nordisk bets on Emcure to win India’s weight-loss drug war

Novo Nordisk bets on Emcure to win India’s weight-loss drug war

Posted by By newsportaltoday November 10, 2025
Danish drugmaker Novo Nordisk on Monday announced an exclusive partnership with Pune-based Emcure Pharmaceuticals to widely distribute its weight-loss therapy semaglutide, as competition in India's fast-growing anti-obesity drug market heats…
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Some Nexperia chip shipments resume as Germany welcomes de-escalation

Some Nexperia chip shipments resume as Germany welcomes de-escalation

Posted by By newsportaltoday November 9, 2025
(Corrects paragraph 10 of November 7 story to show that Volkswagen's China chief said the industry as a whole, not VW specifically, had received its first consignments of chips)Chinese export…
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Nvidia sees ‘very strong’ demand for Blackwell chips — here’s what CEO Jensen Huang said

Nvidia sees ‘very strong’ demand for Blackwell chips — here’s what CEO Jensen Huang said

Posted by By newsportaltoday November 8, 2025
Nvidia CEO Jensen Huang on Saturday said the chipmaker is experiencing “very strong demand” for its newest, state-of-the-art Blackwell chips, which are designed to power the current Artificial Intelligence boom.Huang…
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Eli Lilly’s weight loss drug Mounjaro becomes top selling medicine in India by value in October

Eli Lilly’s weight loss drug Mounjaro becomes top selling medicine in India by value in October

Posted by By newsportaltoday November 7, 2025
Eli Lilly's weight-loss therapy Mounjaro became India's top-selling drug by value in October, data showed on Friday, overtaking GSK's widely used antibiotic Augmentin, as demand surges in the world's most…
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With a war chest in place, PhysicsWallah seeks ‘comfort capital’ via IPO

With a war chest in place, PhysicsWallah seeks ‘comfort capital’ via IPO

Posted by By newsportaltoday November 6, 2025
PhysicsWallah Ltd’s founders have kept their initial public offering (IPO) valuation goal modest, only slightly above the edtech's previous fundraise, to leave enough value on the table for incoming investors.Private…
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