SoftBank Group shares surge 13% to a record high after quarterly profit beat estimates

SoftBank Group shares surge 13% to a record high after quarterly profit beat estimates

The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025.  Issei Kato | Reuters Shares of SoftBank Group surged 13% Friday to hit a fresh record, following the company’s higher-than-expected fiscal first-quarter profit. This marks the Japanese investment firm’s fourth straight session of gains, and comes after it closed…

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Cramer says January rally emotional and warns against chasing momentum

Cramer says January rally emotional and warns against chasing momentum

CNBC’s Jim Cramer said Tuesday that early January trading shows how quickly emotion can take over markets at the start of the year, warning investors not to confuse momentum with durability. Cramer said the market is being driven by three groups: momentum traders chasing last year’s winners, “hope springs eternal” investors buying beaten-down stocks and…

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