SoftBank – Japanese tech investor plunges 12% as OpenAI's IPO faces uncertainty!

SoftBank – Shares plunge by up to 13% as OpenAI's IPO may be postponed to next year according to a NYT report – a severe setback for the Japanese investor, whose investment in OpenAI reached around 65 billion USD by October. An IPO would reduce the conglomerate discount; the delay dampens expectations. A wager is faltering The mood at SoftBank abruptly shifts. The stock of the Japanese technology investor plummets by up to 12 to 13% on Friday – the sharpest daily loss since August 2024 – after reports emerged that OpenAI might postpone...