[Softbank Group Anticipates Net Loss In Q1 2024 Due To Tech Valuation Declines] Japanese Technology Investor Softbank Group Is Expected To Report A Net Loss Of 26.9 Billion Yen ($184.4 Million) For The January-march Quarter, Contrasting With A Net Income Of 231 Billion Yen In The Same Period Last Year. This Anticipated Loss Is Attributed To Falling Valuations And Widening Losses At Early-stage Tech Startups And Portfolio Firms Like Swiggy And Ola Electric, Which Saw Their Share Prices Fall Around 40%, Despite Gains From Telecom Holdings Such As T-mobile And Significant Recent Investments Including Commitments To Openai And The $6.5 Billion Purchase Of Ampere Computing.

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