SoftBank shares down after swings to $7 billion Q2 loss on $3.7 billion US data centre power hit

What we know so far

investingLive (Nov 11, 07:03): The loss confirms that the cost of building AI infrastructure is now hitting the income statement, not just valuations, which adds to the wider debate about returns on AI spending. Record NAV and steady leverage limit balance-sheet concern. But the drop in pro forma NAV to around ¥44.7 trillion at November 9 prices shows how exposed SoftBank is to the…