SoftBank reports record $27.5 billion loss on crashing tech stocks – CNN – Jahanagahi
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SoftBank reports record $27.5 billion loss on crashing tech stocks

The world’s biggest tech investor said Thursday that its Vision Funds had recorded a loss of 3.5 trillion yen ($27.5 billion) in the year ended March. That was a significant reversal from the unit’s performance from last year, when it had logged a healthy profit. At an earnings presentation in Tokyo, CEO Masayoshi Son acknowledged […]