Softbank shares dropped 3.7% following Oracle’s disappointing earnings, raising concerns about the AI sector’s future. Investors worry about Softbank’s Vision Fund, which has stakes in AI companies like Uber and WeWork. Softbank’s stock price has struggled recently, with a 28% decline since March. Concerns about the fund’s performance persist.
Read more at Investing.com: Softbank shares slide as AI doubts swirl after Oracle earnings
