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CryptoCoinpediaFiled 6 h ago

Why Is SoftBank Stock Crashing Today?

Open the sourceReported by Coinpedia, coinpedia.org, 11 November 2026, by Nidhi Kolhapur

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SoftBank shares fell as much as 10.5% in Tokyo after the company reported a quarterly loss of ¥1.12 trillion ($7 billion). The scale of the data center writedown matters because it signals that AI infrastructure spending plans are being revised, a concern for the broader buildout narrative.

Muhabbit's AI wrote this summary in its own words from Coinpedia's report. It can get details wrong, so check the source.

Named in this story

SoftBank, Tokyo