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SoftBank credit risk jumps to 4-year high, shares tumble as AI fears roil market

Published by Reuters · United Kingdom 15 h ago
SoftBank credit risk jumps to 4-year high, shares tumble as AI fears roil market
Reuters

Detailed summary

SoftBank Group shares dropped 11% on Friday and the cost of insuring its debt against default ‌hit a four-year high as worries about AI profitability roiled the world's financial…

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