SoftBank posts surprise loss of $2.4 billion in 3rd quarter

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.
SoftBank's Son back to form with big bets and quarterly loss
Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.
SoftBank Vision Fund Hit With More Losses
SoftBank reported a net loss of nearly $2.4 billion for its fiscal third quarter, with another quarter in the red for its once-heralded Vision Fund unit. The Vision Fund unit, famed for its investment in startups including Uber and DoorDash,
SoftBank books surprise loss of US$2.4 billion in third quarter
TOKYO: Japanese technology investor SoftBank Group booked a surprising net loss of ¥369.2 billion (US$2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.
Japan's SoftBank reports loss weeks after announcing AI investment with U.S. President Trump
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. That's compared to a 950 billion yen profit in October-December 2023.
SoftBank falls to $2.4bn loss amid plans for huge AI investments
SoftBank tumbled to a $2.4bn loss in its fiscal third quarter as the Japanese conglomerate and its founder Masayoshi Son gear up to finance one of the world’s largest-ever bets on artificial intelligence.
SoftBank Opens Up on the $500 Billion Stargate AI Project—But Details Remain Sparse
Three weeks after unveiling a massive data-center project with OpenAI that could run to half a trillion dollars, global tech ...
SoftBank brings vision and volatility to big tech bets
SoftBank’s founder Masayoshi Son is known for chasing the next big thing. Some of his big bets on tech companies, such as ...
SoftBank reveals $2.4 billion loss in Q3
The report came just weeks after SoftBank chief Son appeared with President Trump and Sam Altman to announce the Stargate AI ...
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SoftBank Swings to a Loss Ahead of Big Stargate AI Bet
SoftBank Group Corp. swung to losses for the December quarter due to a drop in the value of the Vision Fund’s public holdings ...
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OpenAI Securing $40B In New SoftBank Funding, Scouting 16 States For Stargate Projects
SoftBank's latest investment of OpenAI values the company at $260B as its data center joint venture considers sites in 16 ...
ASIA Tech pierces trade gloom, Softbank reports
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Goldman, SoftBank Back AI Startup Tines Valued at $1.13 Billion
Goldman Sachs Group Inc.’s growth equity unit led a $125 million funding round for software startup Tines Security Services ...
Japan’s SoftBank swings to a loss ahead of big AI infrastructure bet on Stargate Project
The company posted a US$2.4 billion loss in the December quarter, as founder Masayoshi Son campaigns to raise US$500 billion for Stargate.