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SoftBank's AI funding plans to face reckoning at earnings - The Economic Times

SoftBank announced record net profit in the year ended March 2026, but its share price has dropped by almost half since the start of June, and the cost to insure its debt against default has soared. SoftBank is ‌expected to post net ⁠profit of ⁠148.4 billion y

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Seoul stocks plunge 8% as Samsung, SK hynix shares tumble - The Economic Times

South Korean stocks plunged nearly eight percent at close Thursday as tech giants Samsung and SK hynix tumbled on fears of slowing AI chip demand. The slide on the Kospi market was triggered by a tech-led rout just days after the companies announced a massive