SoftBank's AI Bets Can't Offset Big Company Loss
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Even the AI hype train can't move SoftBank out of the red.
On Tuesday, the Japanese conglomerate which used to bankroll Silicon Valley announced a quarterly loss of 477.6 billion yen ($3.3 billion). That came as a shock to Wall Street, which had been expecting a profit of around 75 billion yen ($520 million) partly due to CEO Masayoshi Son plowing investment into anything that has 'AI' in the name.
Source Fool.com
SoftBank Group Aktie
52,49 €
0,99 %
Unentschiedenes Community-Sentiment für SoftBank Group mit wenigen Einschätzungen.
Obwohl das Kursziel von 50 € unter dem aktuellen Kurs von 52.49 € für SoftBank Group liegt, zeigt sich ein negatives Potenzial von -4.74%.
