SoftBank Is Borrowing Against the Bet It Already Made
A $10B margin loan on private OpenAI shares, $40B of OpenAI bridge debt due March 2027, and a stock down sharply from its June peak. The leverage math is where this story lives now.
August 9, 2026
The Jobs Miss Just Lit the Fuse for $5,000 Gold
UBS mapped three conditions for gold’s next leg. Friday’s payrolls report just satisfied the most important one.