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 BloombergHyundai Quietly Climbs the EV Sales Charts and Elon Musk NoticesRep. Mary Miller Calls Roe Decision ‘Victory for White Life’Germany Pushes for G-7 Reversal on Fossil Fuels in Clima