SoftBank posts surprise loss of $2.4 billion in third quarter as Vision Fund investments go into red
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company’s revenue also missed analysts’ estimates.
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Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen ($2.4 billion) loss for the fiscal third quarter as it racked up red ink from its Vision Fund investments. The report ...
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.
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Niki Christoff, Christoff & Co. CEO, joins 'Squawk Box' to discuss Elon Musk-led group's $97.4 billion bid for OpenAI, ...
SoftBank’s AI investments face increasing risks, especially in OpenAI and Stargate. Find out why SFTBF stock could be ...
Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of ...
Cryptopolitan on MSN11h
SoftBank feels the DeepSeek effect as low-cost AI fuels investor pessimism around $500B Stargate projectWhile market sentiments among SoftBank investors remain pessimistic due to the emergence of more low-cost alternatives from China, there is still hope.
1) The IPO and sell-down of the core Japanese telecom business. SoftBank sold around 36% of its shares of the core domestic telecom business in 2018 in an IPO, with the proceeds being used for ...
TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a net loss of 369.2 billion yen ($2.4 billion) in the ...
QuEra Computing, a Boston-based quantum computing company, has raised $230 million in a round led by Google (GOOGL) and ...
Japanese investor SoftBank Group Corp’s tech-focused Vision funds reported an investment loss of $2.3 billion (352.7 billion ...
Industry heavyweights join QuEra. The MIT and Harvard spin-off is developing quantum computers that work at room temperature.
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