2 sources covering
SoftBank slumps to $7bn loss on US data centre writedown
Financial Times(subscription required) ·
AI-focused Japanese group blames first quarterly loss in nearly two years on ‘evolving requirements’ in US projects
Who's covering it
First reported by Financial Times at · 2 outlets in all
- Bloomberg(subscription required)SoftBank Shares Fluctuate After $7 Billion Loss on WritedownSoftBank Group Corp. shares fluctuated as investors assessed its quarterly net loss and a $3.7 billion writedown over its US data centers, against newfound optimism around artificial intelligence.
- Financial Times(subscription required)SoftBank slumps to $7bn loss on US data centre writedownAI-focused Japanese group blames first quarterly loss in nearly two years on ‘evolving requirements’ in US projects