SoftBank Group is trading at $17.27, down -3.79%, as oil prices and multi-year-high government bond yields pressure technology valuations amid renewed U.S.-Iran tensions.
- The Nasdaq Composite is down 1.35% and the S&P 500 is down 0.65%, reflecting the broader technology selloff.
- Reuters reported that high yields were weighing on technology stocks.
- The Ohio AI-campus announcement involving Nvidia, OpenAI, and SoftBank subsidiary SB Energy is strategically positive but does not explain today’s decline.