Japan's Nikkei is trading 20% below its June peak as the AI selloff deepens. SoftBank shares fell another 10.8% Friday, extending losses to 59% since early June, after the company added $40.4 billion in debt over 12 months to fund AI investments.
Asia Stocks Tumble as AI Rout Batters Japan, South Korea; SoftBank Plunges 59%AI News
Japan's Nikkei is trading 20% below its June peak as the AI selloff deepens. SoftBank shares fell another 10.8% Friday, extending losses to 59% since early June, after the company added $40.4 billion in debt over 12 months to fund AI investments.