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SoftBank Group market capitalization projected to halve from peak

Bloomberg ·

CRWV CoreWeave Inc
$61.82 -0.50%
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  1. 1SoftBank Group's market capitalization is projected to decrease by half from its June peak.
  2. 2SoftBank Group shares fell 6.7% on Thursday.
  3. 3The situation facing OpenAI, which received approximately $65 billion in investment from SoftBank Group, had an impact.

So what's the key point?

SoftBank Group's stock price fell 6.7%. As the situation involving the invested OpenAI had an impact, the company's value is expected to decrease to half of its peak.

Source Bloomberg · View original ↗

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