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SoftBank Credit Risk Surges to Four-Year High Amid AI Market Turmoil

SoftBank Credit Risk Surges to Four-Year High Amid AI Market Turmoil

SoftBank credit risk jumps to 4-year high as AI fears roil market
SoftBank credit risk jumps to 4-year high as AI fears roil market

The cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI profitability roiled the world's financial markets.

SoftBank credit risk jumps to four-year high, shares tumble
SoftBank credit risk jumps to four-year high, shares tumble

SoftBank Group shares dropped 11% on Friday and the cost of insuring its debt against default ‌hit a four-year high as worries about AI profitability roiled the world's financial markets.

SoftBank credit risk hits four-year high over AI debt fears
SoftBank credit risk hits four-year high over AI debt fears

SoftBank has a reported US$64.6 billion investment in OpenAI.

SoftBank Leads Asia Bond Losses as AI Rout Spreads to Credit
SoftBank Leads Asia Bond Losses as AI Rout Spreads to Credit

SoftBank Group Corp. led declines in Asian dollar bonds on Friday as a deepening rout in artificial-intelligence stocks extended into credit markets.

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