Barclays raises Workday PT to $224 from $200.

SoftBank Group reiterated its demand that Moody's immediately cease issuing unsolicited credit ratings that do not reflect SoftBank Group's true condition.

SoftBank Group is seeking a $10bn two-year loan to refinance debt tied to its investment in US AI firm OpenAI, people familiar with the matter told foreign media. The loan would carry a spread of about 275 bps over SOFR, with Mizuho designated as lead arranger and bookrunner. Part of the proceeds may be used to repay a $40bn bridge loan SoftBank raised earlier this year to fund the OpenAI stake. Commitment deadline is Aug 31 and several banks are in talks to participate. SoftBank is also considering $10–20bn of bond issuance to help refinance the bridge and plans a record ¥1 tln domestic retail bond offering.