Stocks in Action USA: SoftBank, CrowdStrike, and BioNTech

SoftBank – AI safety warnings and growing debt burden cause the stock to plummet by double digits! SoftBank is crashing in Tokyo, experiencing its largest daily loss since the end of June, after the CEOs of Anthropic and OpenAI called for a more cautious pace in the development of cutting-edge AI models in light of several safety incidents. The warning hits the Japanese tech investor particularly hard, as he increasingly finances his billion-dollar AI bets with debt and will have invested nearly $65 billion in OpenAI by October. At the same...