While the worst could be over for the Chinese tech powerhouse, its outlook for its current fiscal year remains unexciting.
Equities are on track to snap a weekly losing streak as investors shrug off inflation and growth concerns that whipsawed global markets.
(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son is used to praise and encouragement from shareholders. But the company’s loss of $34 billion in market value over the last year is a test for even his most faithful admirers when they gather for the annual shareholders’ meeting on Friday.Most Read from BloombergGermany Pushes for G-7 Reversal on Fossil Fuels in Climate BlowJustice Kavanaugh Says States May Not Bar Travel to Obtain an AbortionSorry Elon Musk. Hyundai Is Quietly Dominating