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SoftBank Group said Tuesday it sold its entire holding in Nvidia, generating 5.83 billion in proceeds as the Japanese conglomerate reshapes a portfolio that has swung wildly with the fortunes of artificial intelligence investments. The disclosure came as SoftBank reported stronger than expected results for its fiscal second quarter

The recent correction in technology stocks has rattled investors and sparked dire headlines, but market strategists urge that the pullback is not yet a reason to hit the panic button. After a torrid run led by companies tied to artificial intelligence and cloud infrastructure, stocks that had enjoyed outsized gains

European stock markets looked set to open higher Monday as traders priced in the growing chance of a U.S. funding agreement that could end the prolonged federal government shutdown. Futures for the major European indices were firmer in early trade, with investors reacting to reports that the U.S.