🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

News on Medial

SoftBank looks to balance caution with opportunity amid volatile market as profit shrinks

YourStoryYourStory · 4m
SoftBank looks to balance caution with opportunity amid volatile market as profit shrinks

Japanese investment conglomerate SoftBank is exercising caution as it faces market volatility after investing heavily from its Vision Fund. SoftBank's CFO, Yoshimitsu Goto, stated that the company will approach valuations with caution but also sees the current market volatility as an investment opportunity. Goto emphasized the need for a balance between investing in high-growth assets and focusing on shareholder returns. Despite recent stock price drops, Goto drew historical parallels to reassure investors that previous market downturns have led to transformative growth. SoftBank remains committed to its investments in artificial intelligence despite concerns about profitability and valuations.

View Source

Comments

More Like this

SoftBank likely to sell shares worth up to $105 million in PB Fintech: report

SoftBank likely to sell shares worth up to $105 million in PB Fintech: report

Fintech Startup True Balance’s FY23 Net Profit Surges Over 17X To INR 59 Cr

Fintech Startup True Balance’s FY23 Net Profit Surges Over 17X To INR 59 Cr

Sensex, Nifty end Thursday's session flat amid sideways trading

Sensex, Nifty end Thursday's session flat amid sideways trading

Zomato stock likely to be volatile amid possible exits by some pre-IPO shareholders

Zomato stock likely to be volatile amid possible exits by some pre-IPO shareholders

Paytm Emerges The Biggest Loser In A Mixed Week For New-Age Tech Stocks, Delhivery Surges 18%

Paytm Emerges The Biggest Loser In A Mixed Week For New-Age Tech Stocks, Delhivery Surges 18%

SoftBank sees new-found caution as secret weapon in AI arms race

SoftBank sees new-found caution as secret weapon in AI arms race

Fidelity marks down Gupshup to $700M amid startup valuation concerns

Fidelity marks down Gupshup to $700M amid startup valuation concerns

SoftBank expected to book $1.87 billion profit on IPOs

SoftBank expected to book $1.87 billion profit on IPOs

Peak XV-backed Cuemath lays off 100 more employees amid edtech slump

Peak XV-backed Cuemath lays off 100 more employees amid edtech slump

SoftBank trades above record-high close in win for Masayoshi Son

SoftBank trades above record-high close in win for Masayoshi Son

Download the medial app to read full posts, comements and news.