SoftBank Group Shares Drop 10% After Booking $7 Billion Loss
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SoftBank Group Corp. shares dropped as much as 11% after the Japanese tech investor reported its first net loss in almost two years, after a $3.7 billion writedown for its US data-center projects and falling AI valuations.
SoftBank Group Corp. shares dropped as much as 11% after the Japanese tech investor reported its first net loss in almost two years, after a $3.7 billion writedown for its US data-center projects and falling AI valuations.
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