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

NewsFeeds update

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

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