$7 billion loss shock at SoftBank: Shares fell more than 10 percent

SoftBank Group reported a loss of roughly $7 billion for the July-September quarter, triggering a share-price drop of more than 10% in Tokyo trading. The Japanese investment giant attributed the loss to heavy spending on artificial intelligence data centers in the United States. Investors reacted sharply, with the stock posting one of its steepest single-day declines as concerns mounted over the group's funding burden. The result underscores the financial strain SoftBank faces as it pursues an aggressive AI infrastructure strategy under chief executive Masayoshi Son. Market participants will now watch how the company finances its remaining data-center commitments and whether it moves to shore up its balance sheet through asset sales or fresh capital raising.