DigitalBridge Group Inc. (NYSE:DBRG) saw a 45.4% surge last week amid rumors of a potential acquisition by SoftBank. The Japanese conglomerate is reportedly in talks with DigitalBridge to bolster its presence in the AI industry. JPMorgan maintains an “overweight” rating with a $18 price target, anticipating a 27.5% upside. SoftBank also holds a stake in Stargate, planning a $500 billion investment in US AI infrastructure.

Read more at Yahoo Finance: DigitalBridge (DBRG) Soars 45% on SoftBank Merger Buzz