6 Hrs
Source:
الاقتصادية
Source: الاقتصادية
6 Hrsالاقتصادية
Source: الاقتصادية
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SoftBank shares fell 10.8% on Friday, bringing their losses since the start of September to nearly 50%. The cost of insuring its debt rose to 466 basis points, its highest level in four years, implying a 30.6% probability of default, according to Markit data. The decline came amid concerns about the profitability of AI investments and SoftBank’s increased borrowing to finance its $64.6 billion investment in OpenAI, which has postponed its IPO until 2027. The delay to SB Energy’s IPO has also added to uncertainty about returns on AI infrastructure investments, amid concerns that data-center development is slowing.
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