SoftBank recorded a record loss for its Vision Fund as a recent rally in tech stocks has done little to help another difficult year for its flagship investment unit.
Around a year ago, Son said SoftBank would go into "defense" mode amid the headwinds and be more disciplined with its investments.SoftBank has faced headwinds in its Vision Fund investment division due to a fall in technology company valuations amid rising interest rates.recorded a record loss for its Vision Fund as a recent rally in tech stocks has done little to help another difficult year for its flagship investment unit.
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