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SoftBank Group led the way in driving the Nikkei average stock price index to a historic high on Thursday in Japan. The market had a positive outlook on the growth of AI-driven cloud business, causing SoftBank's stock price to rise along with its American counterparts. The Nikkei 225 index rose by 0.8% to 44,198.10 points, reaching a historical high of 44,251.65 points earlier in the day. The broader Topix index remained unchanged at 3,149.38 points. Chief strategist at Daiwa Securities, Yugo Tsuboi, stated, "The expectations for continued growth in cloud business following the surge in Oracle's stock price have boosted SoftBank Group, driving the Nikkei index higher." Technology company Oracle saw its stock price surge by 36% overnight, marking its largest single-day gain since 1992. Tech investment giant SoftBank Group's stock price rose by 9%, while chip testing equipment manufacturer Advantest saw a 3.54% increase in its stock price. Cable manufacturer Furukawa, seen as an indicator of data center investments, saw a 4% increase in its stock price. The banking sector fell by 0.99% and the insurance sector dropped by 1.09%, making them the two worst-performing sectors among the 33 industry classification indexes on the Tokyo Stock Exchange.