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SoftBank's share price has June halved from its peak,AI with massive investments and debt pressure raising market concerns

PANews October 23 reported, citing Bloomberg, that SoftBank Group's share price fell on Thursday by 6.9%,June 2 since reaching a record high, the decline has totaled 50%. Rising borrowing costs have intensified investors' concerns about the sustainability of its massive investments in the AI sector. 4 months ago, SoftBank briefly surpassed Toyota Motor to become Japan's largest company by market capitalization; it now has a market capitalization of approximately 24700000000000 yen (approximately 157000000000 USD), ranking behind Hitachi and Recruit Holdings.

Source: https://www.panewslab.com/zh/articles/01a16680-01d9-7442-a25f-d987d08172da