SoftBank posts a surprise Q3 net loss of ~$2.4B on ~$12.04B revenue, vs. $12.1B est., as the Vision Fund, after two profitable quarters, reports a ~$2.04B loss
SoftBank Group posted a surprise quarterly loss Wednesday as investments under its Vision Funds fell into red.
CNBC Dylan Butts
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Discussion
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@quinnypig.com
Corey Quinn
on bluesky
Yes, SoftBank losing money is a real shocked-Pikachu moment for us all. [embedded post]
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@saikeerthi1515
@saikeerthi1515
on x
Ola Consumer has been removed from SoftBank's Q3 list of late-stage portfolio companies looking to go public in the future. @sayanwho @patwardhannn [image]
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@effmkthype
@effmkthype
on x
*SOFTBANK 3Q NET LOSS 369.17B YEN, EST. LOSS 154.79B YEN [image]
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@technology
@technology
on x
SoftBank 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 AI project https://www.bloomberg.com/...