SoftBank posts surprise loss in 3rd quarter

SoftBank posts surprise loss in third quarter as Vision Fund investments go into red; revenue also misses estimates
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.
SoftBank books surprise loss of $2.4 billion in third quarter
Japanese technology investor SoftBank Group booked a surprising net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.
SoftBank Posts Third-Quarter Loss of $2.4 Billion
TOKYO (Reuters) -Japanese technology investor SoftBank Group booked a net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell. The loss will further raise questions about SoftBank's plans for one of its most ambitious undertakings - a hefty investment in OpenAI.
SoftBank Group Posts Quarterly Loss on Weak Tech Funds Business
The Japanese technology investment company reported a quarterly loss, partly due to the weakness in its technology funds business.
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, boding ill for founder Masayoshi Son who has to raise $500 billion for the Stargate artificial-intelligence project.
SoftBank posts surprise loss in third quarter, revenue also misses estimates
SoftBank Group posted a surprise quarterly loss Wednesday and the Japanese company's revenue also missed analysts' estimates.
Softbank eyes $1.5-B quarterly earnings
Japan's SoftBank Group is set to make a quarterly net profit of 234 billion yen ($1.54 billion) on Wednesday as shares in its telecommunications holdings edge up and the post-listing performance of Swiggy is seen boosting the value of its portfolio of unlisted technology startups.
SoftBank falls to $2.4bn loss amid plans for huge AI investments
SoftBank was hit by a ¥352.7bn loss in its tech-heavy investment vehicles, the Vision Funds, following two successive quarters of gains.
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SoftBank reports $2.4B loss in Q3 amid huge AI investments
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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 ...
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SoftBank posts third-quarter loss of US$2.4 billion
Japanese technology investor SoftBank Group booked a net loss of US$2.4 billion in the October-December quarter as valuations ...
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