SoftBank Market Value Poised to Halve From Peak as AI Fears Grow
SoftBank Group Corp. is facing a potential 50 percent decline in market value from its June peak as investor confidence wanes. Rising borrowing costs have heightened concerns regarding the long-term financial sustainability of the company's aggressive investment strategy in artificial intelligence.
Covered by 2 sources
- BBloomberg Technology↗Momoka Yokoyama3h ago
- TThe Japan Times↗1h ago