ATLAS News · Markets

SoftBank Group shares fall 11% after quarterly loss and US data center writedown

Published November 11, 2026 · 2 sources

The Edge Malaysia and Bloomberg report SoftBank Group shares dropped 11% after a US$7 billion loss and a writedown tied to its US data centres.

What happened

SoftBank Group Corp shares fell 11% after the company booked a loss of US$7 billion, according to Bloomberg and The Edge Malaysia.

The Edge Malaysia reports that the shares fluctuated as investors weighed the quarterly net loss and a US$3.7 billion (RM15.1 billion) writedown on the company's US data centres. Investors were also considering renewed optimism around artificial intelligence (AI).

Context

A writedown is an accounting adjustment that lowers the recorded value of an asset when it is judged to be worth less than previously reported.

Why it matters

The report shows how investors are weighing SoftBank's reported losses against the wider enthusiasm around AI, which may matter for companies tied to that theme.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

BookingBKNG

−2.59%

Consumer Cyclical · NASDAQ

Live price

$159.16▼ -2.59%

live price · USD

Close on November 10: $159.26−2.59% vs. previous close ($163.49)
Fair value (ATLAS): $244.68Fair range: $174.60 to $342.90The price ($159.16) is 35.0% below that figure.
Chance of a rise in 1 month: 49%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $147.50 and $171.09; 9 in 10, between $129.33 and $195.13.

See the full ATLAS analysis of Booking →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Market indices

Latest close of the ETFs that track the main US indices (SPY, QQQ, DIA), from ATLAS data.

S&P 500 (SPY): 749.92 (−0.37%) · November 10

Nasdaq-100 (QQQ): 674.76 (−0.68%) · November 10

Dow Jones (DIA): 521.73 (−0.31%) · November 10

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

SoftBank Group shares drop 11% after booking US$7 bil loss · The Edge Malaysia · November 11, 2026
SoftBank Group Shares Drop 11% After Booking $7 Billion Loss · Bloomberg.com · November 11, 2026

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