AIBloomberg Techabout 3 hours ago
SoftBank Market Value Halves on AI Fears
1 min read
SoftBank Group Corp. market value halved from its June peak as higher borrowing costs fuel investor concerns over AI investment sustainability. Shares fell 6.9% on Thursday, dropping from an all-time high struck on June 2 to 50%, with earnings from US megacaps failing to ease the angst.
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