Why SoftBank stock is sinking under the weight of its AI bets

Yahoo Finance · Brian Sozzi · 2026-11-06 13:46 UTC

The rout in tech-focused SoftBank is getting alarming.

The over-the-top tech house Masayoshi Son has spent billions to build at SoftBank (SFTBY) is getting torched, looking at the stock price action.

SoftBank shares crashed 10.83% in early trading on Friday after losing 14.4% on Thursday as the AI-heavy company was swept into the broader AI stock rout. Sentiment was also dinged by an FT report that China would not allow SoftBank to go ahead with the $5.4 billion acquisition of ABB's robotics division.

Shares are down 45% in the past month.

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