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SoftBank shares halve from June peak on AI spending and debt concerns

NewsFeeds update

SoftBank shares have fallen about 50% from their record high on 2 June, cutting its market value to roughly $157bn, as investors question the sustainability of large-scale AI investment. Its credit default swap prices rose to their highest in nearly four years this week.

MacroPANewsAINeutral

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The story so far: SoftBank shares halve from June peak

SoftBank Group's market capitalisation has halved from its June peak to about $75bn amid investor doubts over large-scale AI investment. It posted a ¥768.01bn net loss for its fiscal first half, versus a ¥2.92tn profit a year earlier, on first-half revenue of ¥4.24tn, up from ¥3.74tn.

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  1. SoftBank's market value halves from June peak to about $75bn

  2. SoftBank shares halve from June peak on AI spending and debt concerns

  3. SoftBank posts ¥768.01bn net loss for first half of fiscal year

  4. SoftBank Group reports first-half revenue of 4.24tn yen

  5. SoftBank posts $7.1bn quarterly net loss on AI investment fears

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