🔴 SoftBank Group is trading 7.8% down today as long-term yields rise

SoftBank Group is trading down 7.8% now at $33.64 as U.S. technology shares weaken and borrowing costs surge.

• The S&P 500 is down 0.65% and the Nasdaq Composite is down 1.35%.
• Reuters reports fading U.S.-Iran peace prospects pushed oil prices and long-term bond yields higher.
• Nvidia’s $1.5 billion investment in SB Energy supports SoftBank’s AI infrastructure strategy but has not offset broader risk-off selling.