|Bid||18.71 x 910400|
|Ask||18.72 x 288200|
|Day's Range||18.66 - 19.02|
|52 Week Range||14.47 - 19.39|
|Beta (5Y Monthly)||0.57|
|PE Ratio (TTM)||12.80|
|Forward Dividend & Yield||0.64 (3.41%)|
|Ex-Dividend Date||Apr 08, 2022|
|1y Target Est||N/A|
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The stock market can be a humbling place—just ask Masayoshi Son. The founder and CEO of SoftBank Group (ticker: SFTBY), “Masa” made one of the single-best venture investments of all time, providing a $20 million grubstake to Jack Ma when he started the e-commerce company Alibaba Group Holding (BABA) in 2000. Targeted to be $100 billion, Masa focused the Vision Fund on companies poised to benefit from the widespread adoption of artificial-intelligence software.
Deutsche Telekom AG (OTC: DTEGY) reiterated plans to build its stake in T-Mobile US, Inc (NASDAQ: TMUS), the Wall Street Journal reports. Deutsche Telekom acknowledged nearing the majority ownership of T-Mobile U.S. by customers. Deutsche Telekom disclosed a 48.4% stake in T-Mobile U.S. with majority voting power in the U.S. wireless carrier. Earlier this year, Deutsche Telekom paid $2.4 billion to SoftBank Group Corp (OTC: SFTBY) to increase its stake in T-Mobile U.S. to 48.4%. Deutsche Telekom
German telecommunications giant Deutsche Telekom reiterated plans to build its stake in T-Mobile US Inc. and said it is nearing majority ownership of the U.S.’s second-largest wireless carrier by customers. Deutsche Telekom has been looking to retake a majority stake in T-Mobile since the unit’s 2020 merger with Sprint, which SoftBank Group Corp previously controlled. The German company already has majority voting power in the U.S. wireless carrier.