SoftBank Group shares surge 11% as Asian tech stocks rally after Wall Street rebounds

SoftBank Group shares jumped 11% as a rally in Asian technology stocks followed Wall Street's rebound, with a sharp drop in oil prices lifting investor sentiment. Renewed overnight buying in semiconductor names carried into Asian markets after last week's heavy sell-off. The move underscores how quickly sentiment in tech-heavy Asian equities can swing with shifts in energy prices and U.S. chip stocks. Investors will watch whether the rebound sustains through the session and whether oil's decline holds.