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05 Nov 2025
SoftBank wipes out about $32 billion in market cap as Asian AI stocks slide on valuation jitters
Summary: SoftBank Group shares plunged over 14%, wiping out $32 billion in market cap, amid a broader decline in Asian AI-linked stocks. Concerns about stretched valuations in the AI sector, reminiscent of the dot-com boom, have led to investor jitters. While some analysts predict a short-lived selloff, others warn of a potential tech bubble.
Link: https://www.cnbc.com/2025/11/05/softbank-ai-stocks-slide-on-valuation-jitters-.html