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SoftBank CDS Hovers Near 3-Year High on OpenAI Funding Concerns

Key Points

SoftBank Group Corp.’s credit default swaps hovered near a three-year high as traders assessed potential implications from funding plans for OpenAI, one of SoftBank’s biggest bets.

SoftBank Group Corp.’s credit default swaps hovered near a three-year high as traders assessed potential implications from funding plans for OpenAI, one of SoftBank’s biggest bets.
SoftBank (ORG) Funding Concerns SoftBank Group Corp.’s (ORG)
Originally published by Bloomberg Technology Read original →