Reported about 17 hours ago
SoftBank Group is predicted to face a quarterly net loss of 26.9 billion yen ($184.4 million) as losses in its Vision Fund deepen and early-stage tech investment wanes. Despite this, stronger yen performance and gains in its telecom holdings, like T-Mobile, may soften the blow. The company's total loss for portfolio firms is estimated at $900 million, magnified by market competition and funding dynamics, raising concerns over the potential payoff from recent AI investments.
Source: YAHOO