David Shapiro on Softbank’s bull squeeze in US tech stock market
BizNews founder Alec Hogg delves deeper into Nasdaq’s SoftBank-related drop with SA’s favourite market commentator David Shapiro.
BizNews founder Alec Hogg delves deeper into Nasdaq’s SoftBank-related drop with SA’s favourite market commentator David Shapiro.
As The New York Times reports this week, Softbank Group took a nearly $4.6bn financial hit from its investment in WeWork.
So what has this to do with the Naspers decision to cash in its Flipkart stake? Well, the only other major investor to sell out was SoftBank.