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SoftBank Group reported a net loss of $7 billion for its fiscal second quarter, the period ending in the year to March 31, 2027, as a tech selloff weighed on its results. The swing to a loss reflects weaker valuations across the technology holdings that drive the group's results. The release is a fresh read on how the recent sell-off in technology shares has affected major investors.

1 outlet · 1 article · first seen Nov 10, 3:00 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLK closed at 168.91, down 1.15%, on 2026-11-10. Listed for: Technology sector ETF.

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