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SoftBank Group followed by uncertainty

SoftBank Group followed by uncertainty

SoftBank Group Corp during their quarterly report did not report operating profit, saying it was "not useful" as a measure of investment performance, and pointed to a first-quarter Vision Fund investment gain of $2.8 billion. On the other side whole group plunged to a record operating loss in the year ended March following huge write-downs at the $100 billion fund.

Company’s most important steps were sell-down of assets such as wireless carrier T-Mobile US Inc following its merger with Sprint.

SOFTBANK

Source: Tradingview.com

The attached graph shows history earnings day marked with the red arrow of Softbank Group.