{"id":45124,"date":"2025-11-11T11:35:09","date_gmt":"2025-11-11T11:35:09","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/11\/11\/europe-markets-open-ftse-up-0-9-as-softbank-sells-its-5-8b-nvidia-stake\/"},"modified":"2025-11-11T11:35:09","modified_gmt":"2025-11-11T11:35:09","slug":"europe-markets-open-ftse-up-0-9-as-softbank-sells-its-5-8b-nvidia-stake","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/11\/11\/europe-markets-open-ftse-up-0-9-as-softbank-sells-its-5-8b-nvidia-stake\/","title":{"rendered":"Europe markets open: FTSE up 0.9% as SoftBank sells its $5.8B Nvidia stake"},"content":{"rendered":"
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European stocks opened higher on Tuesday, extending the positive momentum from the start of the week as the end of the record-long US government shutdown appeared to be in sight.<\/p>\n

The pan-European Stoxx 600 index was up 0.5% shortly after the opening bell, with most major bourses in positive territory. <\/p>\n

The UK\u2019s FTSE 100 led the gains with a 0.9% rise, while Germany\u2019s DAX climbed 0.1%.<\/p>\n

US shutdown breakthrough lifts global sentiment<\/h2>\n

The primary driver of the upbeat mood was a political breakthrough in Washington. <\/p>\n

On Monday night, the US Senate passed a bill to fund the federal government and end the longest shutdown in the country’s history. <\/p>\n

The bill, which passed with bipartisan support, now heads to the House of Representatives for a final vote before it can be signed into law by President Donald Trump.<\/p>\n

The news provided a positive backdrop for global markets, which had also been boosted by a rally in US tech stocks on Monday amid renewed optimism in the artificial intelligence sector.<\/p>\n

SoftBank sells entire $5.83 billion stake in Nvidia<\/h2>\n

In major corporate news, Japanese investment giant SoftBank announced on Tuesday that it has sold its entire stake in chipmaker Nvidia for $5.83 billion. <\/p>\n

The company confirmed in its earnings statement that it sold 32.1 million shares of Nvidia in October.<\/p>\n

The move is part of a broader effort by SoftBank to monetize its holdings and shore up its balance sheet. The company also revealed it had sold off part of its stake in T-Mobile for $9.17 billion.<\/p>\n

The divestments come as SoftBank’s Vision Fund posted a massive $19 billion gain in its latest quarter, largely driven by the soaring value of its investment in ChatGPT-maker OpenAI.<\/p>\n

The Nvidia sale marks a final exit from a position that SoftBank CEO Masayoshi Son had previously expressed regret over selling too early. <\/p>\n

The firm’s original 4.9% stake, acquired in 2017, would have been worth approximately $160 billion today.<\/p>\n

Earnings season continues in Europe<\/h2>\n

Investors are also monitoring a fresh batch of corporate earnings in Europe. <\/p>\n

Reports are due on Tuesday from a range of major companies, including SoftBank, Vodafone, and Munich Re, which will provide further insight into the health of the European corporate sector.<\/p>\n

The post Europe markets open: FTSE up 0.9% as SoftBank sells its $5.8B Nvidia stake<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

European stocks opened higher on Tuesday, extending the positive momentum from the start of the week as the end of the record-long US government shutdown appeared to be in sight. The pan-European Stoxx 600 index was up 0.5% shortly after the opening bell, with most major bourses in positive territory. The UK\u2019s FTSE 100 led <\/p>\n","protected":false},"author":1,"featured_media":45125,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-45124","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing"],"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/45124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=45124"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/45124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/45125"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=45124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=45124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=45124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}