From Financial Modeling Prep: 2025-02-12 08:00:04

SoftBank Group Corp., known for its tech investments, reported an earnings per share of -1.62, missing the estimated 1.91, due to struggles with Vision Fund investments. Despite generating $11.66 billion in revenue, surpassing the estimated $11.58 billion, the company faced a $2.5 billion net loss against an expected $2 billion profit. To pivot, SoftBank is investing $40 billion in OpenAI, becoming their largest backer.



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