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

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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.

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