SoftBank Reports First Quarterly Operating Loss in 14 Years

SoftBank is experiencing significant financial losses, marking its first quarterly operating loss in 14 years. The losses, primarily due to writedowns from investments in WeWork and Uber, have exceeded expectations. WeWork's valuation plummeted, leading to SoftBank's bailout. The Vision Fund, holding other companies like Slack, also reported substantial unrealized losses. Analysts express concern over SoftBank's future, questioning if more issues lie ahead.

What was the primary reason for SoftBank's first quarterly operating loss in 14 years?

• Rising operational costs

• Writedowns from investments in WeWork and Uber

• Increased competition in the tech industry

• A decline in global market demand

How did WeWork's valuation change after raising money at a $47 billion valuation?

• It decreased to $20 billion

• It decreased to less than $8 billion

• It increased to $50 billion

• It remained the same

What is the main concern of investors regarding SoftBank's situation?

• The potential for further losses beyond WeWork

• The lack of new investments

• The company's leadership changes

• The impact of global economic conditions

Which companies are part of SoftBank's Vision Fund that have seen a decline in value?

• Apple and Microsoft

• Slack and Guardian Health

• Amazon and Google

• Tesla and Netflix

What was the unrealized loss reported by the Vision Fund?

• 1.128 trillion yen

• 500 billion yen

• 700 billion yen

• 1 trillion yen