🚀 Softbank's stock hit an all-time high, rising 1.5% on Tuesday, July 2. This comes after a rough patch with failed tech startups and a tech crackdown in China. The bounce back is largely attributed to the company's pivot towards artificial intelligence (AI) and the performance of its computing subsidiary, Arm Holdings. Despite initial skepticism and a temporary 3% drop in shares following the AI announcement, the company's stocks quickly recovered. However, there are concerns that the AI market could be another bubble about to burst. Remember the dotcom bubble? Softbank does, having lost 99% of its total value back in 2000. But hey, they're still here, reaching new highs!