SoftBank's AI funding plans to face reckoning at earnings

SoftBank announced record net profit in the year ended March 2026, but its share price has dropped by almost half since the start of June, and the cost to insure its debt against default has soared. SoftBank is ‌expected to post net ⁠profit of ⁠148.4 billion yen ($941.2 million)…

Source: The Economic Times4 August 2026 at 12:11 pm ISTrss

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Original headline: SoftBank's AI funding plans to face reckoning at earnings
Product category: General technology
Curation state: ingested