Global tech investor SoftBank posted a $7.7 billion profit in the third quarter, its largest in two years by far. Aiding results: a run-up in shares from an old investment in T-Mobile that long provid

The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with new AI bets and IPOs.

Japan's SoftBank Group swung to a 1.18 trillion yen ($7.7 billion) net profit in the three months to September, as the tech giant benefitted from higher share prices of listed companies in its Vision Fund investment vehicles.