SoftBank shares drop 11% on Tokyo exchange amid global tech sell-off over AI investment risks
By
Manshi Mamtora
1mo ago· 1 min readenNews
Summary
SoftBank Group shares plunged about 11% on the Tokyo Stock Exchange, leading losses in the Japanese market as part of a broader global sell-off in technology and AI-linked stocks. The decline followed weakness in U.S. technology markets, reflecting growing investor concerns about SoftBank's high-risk bets on artificial intelligence companies.
Source
bskySoftBank shares drop 11% on Tokyo exchange amid global tech sell-off over AI investment risksseekingalpha.comKey quotes
· 3 pulledJapanese technology investor SoftBank Group (SFTBY) retreated about 11% on Thursday, leading losses on the Tokyo market
investors dumped tech and AI-linked stocks amid a broader global sell-off in the sector
The sharp decline came after weakness in U.S. technology
Japanese technology investor SoftBank Group (SFTBY) retreated about 11% on Thursday, leading losses on the Tokyo market
You might also wanna read
Japan's Nikkei falls in volatile trade as tech tracks Nasdaq selloff
Business Recorder·8h ago
Tech Stocks Lose $1 Trillion in Value as AI Investment Skepticism Grows
The article reports on a significant market downturn affecting major tech companies heavily invested in artificial intelligence, with approx
gizmodo.com·8mo ago
Oracle stock declines more than tech peers amid concerns over AI strategy and borrowing
Oracle's stock fell more than its tech rivals during a Wall Street sell-off due to concerns about the company's heavy borrowing and reliance
ft.com·7mo ago
Wall Street suffers major losses as AI stocks tumble and oil prices jump
The Independent·22h ago
Kospi's AI party over? South Korean benchmark tumbles 7%, sell-side sidecar activated
timesofindia.indiatimes.com·1d ago
SoftBank in Talks to Invest Up to $30B More in OpenAI
wsj.com·5mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.