Softbank Group Corporation’s stock rose 1.5% to reach an all-time-high on Tuesday, July 2. The high mark comes just a few years after the company saw its shares plummet amid the closure of numerous high-profile tech startups, including WeWork, and a tech sector crackdown by the Chinese government.
Company shares dropped by 3% on the heels of the comments, but quickly recovered to push the company’s stocks to their record high.that the generative AI market could be another bubble about to burst. Arguably, products such as OpenAI’s ChatGPT and Microsoft’s Co-Pilot have failed to find their killer application with consumers.
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