From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
SoftBank Group’s stock slid as much as 10 per cent on Wednesday morning after it disclosed on Tuesday that it had sold its entire stake in Nvidia for $5.83 billion.
The move is aimed at helping SoftBank fund its AI investments.
It coincides with a growing debate about whether spending by big tech firms like Meta and Alphabet will produce commensurate returns.
Watch geo-economics editor Manus Cranny’s take on SoftBank’s move.
