SoftBank stock fell 7% yesterday following news that they had made massive bets on technology stocks using equity derivatives, while reports also indicate that SoftBnk could have been a driving force behind the tech rally we’ve seen. Jack gives us his thoughts on these SoftBank developments.

We also get his view on China’s top chipmaker, SMIC, which was down 23% on concerns of possible US sanctions.

Image credit: Glen Photo / Shutterstock

Produced by: Roshan Kanesan, Mike Gong

Presented by: Roshan Kanesan, Lyn Mak, Noelle Lim

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Tags:  SMIC,  SoftBank,  Tech Rally,  Call Options,  Tech Stocks,  Robinhood Traders,  Financial Services,  Government/Regulatory/Policy Making,  Economy, Markets