Your Daily Brief For May 12th

Your Daily Brief For May 12th

7 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at SoftBank's latest quarterly results.

"Tech valuations made a bit of a bounceback last quarter, and investors were hoping that'd help pull SoftBank's tech-focused Vision Funds into the black – but writedowns on private investments put paid to that."

Key takeaways:

  • SoftBank’s Vision Funds were still on a losing streak last quarter
  • Disney took a baby step toward its profitability target last quarter, but it still has a ways to go


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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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