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) over the April-June quarter, according to the average of four analysts polled by LSEG.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.