According to Odaily, SoftBank Group's stock fell 11% to 3,465 yen on Wednesday after the company reported its first net loss in two years. In the second quarter ended this fiscal year, the Japanese tech conglomerate posted a net loss of 1.12 trillion yen (approximately $7.1 billion), driven by a $3.7 billion writedown on its U.S. data center projects and declining valuations of artificial intelligence-related assets. The loss stemmed from non-recoverable prepayments originally intended for power equipment purchases to support a 8-gigawatt project in Ohio and other U.S. data center initiatives.

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