Reuters: SoftBank’s AI strategy faces scrutiny at earnings after stock selloff

SoftBank heads into Tuesday’s earnings with shares down 23% this year, Reuters reports. Investors want guidance on further borrowing as holdings used as loan collateral lose value. The group has spent $64.6 billion on a 13% OpenAI stake, while net interest-bearing debt reached $68 billion at June’s end. China’s block on its $5.4 billion ABB robotics takeover adds another challenge.