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Market Data Table

Breakfast News: SoftBank Sells NVDA Stake

November 11, 2025

Monday's Markets
S&P 500 6,832 (+1.54%)
Nasdaq 23,527 (+2.27%)
Dow 47,369 (+0.81%)
Bitcoin 106,068 (+0.77%)

Chart showing Nvidia's stock performance over the past 10 years.

1) SoftBank Dumps Nvidia in Surprise Move

The quarterly earnings report from SoftBank (OTC:SOBK.Y) revealed management sold its entire holding in Nvidia (NASDAQ:NVDA), netting $5.8 billion in proceeds, coming as a surprise to some investors, given its heavy artificial intelligence (AI) portfolio. Nvidia fell around 1% in pre-market trading in response.

Previously purchased $4 billion of Nvidia in 2017 before selling it all in 2019: It's not the first time SoftBank CEO Masayoshi Son has banked profits from the chipmaker, with Japan's richest man known for making bold investment calls.
"All roads lead back to Nvidia": Despite the sale, SoftBank retains close ties to Nvidia via other AI ventures. After all, as Fool analyst Loren Horst mentioned, Nvidia has "the highest powered chips to deliver the computing needs that every AI hyperscaler demands."

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2) Pre-Market Gains For PUBM, RKLB and PSKY

PubMatic (NASDAQ:PUBM) surged over 13% after the market closed, thanks to posting results that beat guidance, with CEO Rajeev Goel saying "our infrastructure is a clear differentiator, and we believe years ahead of peers." The stock has suffered over the past five years, but the Rule Breakers team retains conviction in its ability to beat the market from here.

"Strong performance driven by significant contributions from both our business segments": Adam Spice, CFO for Rocket Lab (NASDAQ:RKLB), spoke of momentum in space systems and satellite manufacturing -- which aids national security -- as part of the quarterly earnings, causing the stock to jump more than 7% in pre-market trading. It has a Superscore of 66 in our Moneyball database.
600 workers took severance pay instead of accepting mandated return to office: Paramount Skydance (NASDAQ:PSKY) surged close to 7% following the closing bell as results showed plans to invest over $1.5 billion in programming next year, with employee severance packages costing $185 million ahead of further cost cutting.

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3) Senate Backs Bill to End Government Shutdown

The U.S. government shutdown could be finished in the coming week, after a new bill was approved by the Senate, although the backlog of economic data may not be available before the December Federal Reserve meeting.

"We have support from enough Democrats, and we're going to be opening up our country": President Trump backed the new measures, funding some programs, like agriculture, for a year and others until January 2026, with House consideration beginning as soon as tomorrow.
"In a fog, you slow down, as Powell noted": Diane Swonk, chief economist at KPMG, said the uncertainty over what backdated economic data could be compiled and released in time for the Fed meeting next month could impact any decision on whether to cut interest rates or not.

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4) Next Up: Endava and Nebius Earnings

Endava (NYSE:DAVA) will release quarterly results ahead of the market opening, with investors hoping the largest-ever order book from the last update can translate into a better financial outlook.

CEO warned on volatile "short-term operating backdrop": In September, John Cotterell spoke of clients recalibrating the timing of spending with Endava, presenting some risks ahead of results day.
Positioning itself as a pure-play AI infrastructure provider: Nebius Group (NASDAQ:NBIS) also reports before the opening bell, with more information expected on the recent Microsoft (NASDAQ:MSFT) deal, along with other capacity build-out plans.

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5) Final Foolish Thought

In his annual Thanksgiving letter released yesterday, Warren Buffett reflected on various aspects of his personal and professional life. The renowned investor shared thoughts about his long-standing friendship with Charlie Munger, highlighting the significant impact Munger has had on his career and decision-making. It's well worth seeking out to read in full, Fools!

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