
SoftBank Shares Tumble Amid AI Stock Selloff

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SoftBank shares dropped nearly 7% on Friday, contributing to a 20% decline over the week, as investors retreated from AI-related stocks. The company, viewed as a proxy for OpenAI exposure, faced pressure as the market reevaluated high AI valuations. Other tech stocks, including Arm, also fell, although analysts caution that it is premature to label the situation as an AI bubble.

