SoftBank Shares Jump Over 4% as It Partners With 5 Japanese Firms to Develop Quantum Computing Platform

Source Tradingkey

TradingKey - SoftBank Partners with 5 Japanese Enterprises to Build Quantum Computing Platform; Strong Capital Positioning Drives Shares Up Over 4%.

On October 28, SoftBank Group officially announced that its joint project with five Japanese companies—including Toppan Holdings, Aisin, Asahi Kasei, AGC, and DIC—to develop a "Quantum Technology Innovative Materials Development Platform" was officially selected and funded by Japan's New Energy and Industrial Technology Development Organization (NEDO).

Buoyed by positive catalysts from this next-generation technology collaboration and its selection for a Japanese national project, alongside Asian tech sector momentum driven by SK Hynix (SKHY)'s explosive earnings report, SoftBank Group's stock price surged 4.6%, becoming one of the core engines driving the Nikkei 225 Index past the 64,000 mark.

softbank-price-c85cdbe9b70140308fe64a8f67a8a1bfSoftBank stock price chart, source: TradingView

It is reported that the project is scheduled for full implementation from FY2026 to FY2028, aiming to establish a commercially viable materials R&D platform within 3 years. The objective is to combine quantum computing's natural advantages in processing molecular orbitals and electron dynamics with traditional AI/ML screening and prediction, significantly shortening the R&D cycle of materials from theoretical design to experimental verification while calibrating precision through experimental data feedback.

SoftBank had previously made major investments in international quantum unicorns such as Quantinuum (QNT), and this direct domestic deployment of hybrid industrial applications demonstrates that its Artificial Superintelligence (ASI) infrastructure blueprint is expanding from pure computing power (GPUs) into underlying quantum science.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
The Fed will sit still on October 28 — but 100 of 100 economists now expect a December hikeA Reuters poll run October 16-20 found 94 of 100 economists expecting the Fed to hold at 3.75-4.00% on October 28 — and all 100 expecting a hike in December, against less than half a month earlier. The market is close to the same price, with CME FedWatch at roughly 17% for October and 82.8% for December. With the Fed in blackout since October 17, here are the five dates that decide the rest of the year, what each one is priced for, and the two directions each can take.
Author  Irene Q.
Oct 22, Thu
A Reuters poll run October 16-20 found 94 of 100 economists expecting the Fed to hold at 3.75-4.00% on October 28 — and all 100 expecting a hike in December, against less than half a month earlier. The market is close to the same price, with CME FedWatch at roughly 17% for October and 82.8% for December. With the Fed in blackout since October 17, here are the five dates that decide the rest of the year, what each one is priced for, and the two directions each can take.
placeholder
Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 26, 2026Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 26, 2026. Read on for the details.
Author  Mitrade
Oct 26, Mon
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 26, 2026. Read on for the details.
placeholder
Big Tech's $800 billion AI bill faces its first real test — free cash flow is the judgeAlphabet and Microsoft report after the close on October 28, Amazon on October 29, with hyperscaler AI capex running near $800 billion a year. Meta's negative free cash flow and 9.40% drop on October 22 was the warning; this week's prints decide whether cloud growth and backlog can pay for the buildout. Here are the consensus numbers, the free-cash-flow table and the two-sided test.
Author  Irene Q.
Oct 26, Mon
Alphabet and Microsoft report after the close on October 28, Amazon on October 29, with hyperscaler AI capex running near $800 billion a year. Meta's negative free cash flow and 9.40% drop on October 22 was the warning; this week's prints decide whether cloud growth and backlog can pay for the buildout. Here are the consensus numbers, the free-cash-flow table and the two-sided test.
placeholder
Tesla jumps 5% as Barclays puts a $450 target on the SpaceX merger — the chart was already pointing to 431Tesla closed at $391.62 on October 26, up 5.21%, after Barclays upgraded the stock to Overweight and lifted its target to $450 from $370, citing a sharp inflection in Robotaxi miles and a potential SpaceX merger. The move also completed a double bottom at $345.88 and $349.33, with a neckline at $388.56 and a measured target of $431.24. Here is what the upgrade actually says, why the chart and the analyst now point the same way, and what would break the target.
Author  Irene Q.
23 hours ago
Tesla closed at $391.62 on October 26, up 5.21%, after Barclays upgraded the stock to Overweight and lifted its target to $450 from $370, citing a sharp inflection in Robotaxi miles and a potential SpaceX merger. The move also completed a double bottom at $345.88 and $349.33, with a neckline at $388.56 and a measured target of $431.24. Here is what the upgrade actually says, why the chart and the analyst now point the same way, and what would break the target.
placeholder
Fed October Rate Decision Preview: Rate Hike Pause Has Become Consensus, How Will US Stocks, Dollar, and Gold React?The Federal Reserve will announce its October interest rate decision at 14:00 Eastern Time on October 28, and Fed Chair Warsh will hold a press conference at 14:30. Markets currently wide
Author  TradingKey
18 hours ago
The Federal Reserve will announce its October interest rate decision at 14:00 Eastern Time on October 28, and Fed Chair Warsh will hold a press conference at 14:30. Markets currently wide
goTop
quote