SoftBank reports Q2 profit but announces more Vision Fund pain with FTX writedown
Source: Reuters
Vision Fund posts $9.8 bln investment loss in Q2SoftBank to write down FTX investment to zero-sourceArm IPO unlikely to take place by the end of March-sourceSwings to 3.0 trln yen net profit in Q2TOKYO, Nov 11 (Reuters) - Japan's SoftBank Group Corp (9984.T) reported its first quarterly profit in three quarters, buoyed by paring some of its stake in China's Alibaba (9988.HK) even as its massive Vision Fund unit…
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