Radar Telegram alerts Open Radar

According to the results of the second fiscal quarter, the Japanese investment group that owns the Softbank Group had a net loss of 1.12 trillion yen ($7.1 billion) compared to a profit of 2.5 trillion yen a year earlier, Reuters reports. According to Bloomberg, financial losses stem from a decline in the value of shares of technology companies, including Zarou Holdings and Intel, as well as from investors' concerns regarding the return on the holding company's investment in the field of artificial intelligence.

תרגם לעברית

Кролик с Неглинной · · Source

🇯🇵 Japan · Map

According to the results of the second fiscal quarter, the Japanese investment group that owns the Softbank Group had a net loss of 1.12 trillion yen ($7.1 billion) compared to a profit of 2.5 trillion yen a year earlier, Reuters reports. According to Bloomberg, financial losses stem from a decline in the value of shares of technology companies, including Zarou Holdings and Intel, as well as from investors' concerns regarding the return on the holding company's investment in the field of artificial intelligence.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram