SoftBank swings to $2.4 billion loss in Q3 as value of Vision Fund’s holdings take a hit | Stock Market News
Source: Live Mint SoftBank Group Corp. swung to losses for the December quarter due to a drop in the value of the Vision Fund’s public holdings, boding ill for founder Masayoshi Son who has to raise $500 billion for the Stargate artificial-intelligence project. The Tokyo-based company reported a net loss of ¥369.2 billion ($2.4 billion)…