SoftBank’s $3.7 Billion Write-Down Hits GE Vernova Shares
SoftBank’s $3.7 billion write-down hit power-equipment plans tied to U.S. AI data centers. GE Vernova shares fell 5%, though JPMorgan sees potential replacement opportunities.
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SoftBank’s $3.7 billion write-down hit power-equipment plans tied to U.S. AI data centers. GE Vernova shares fell 5%, though JPMorgan sees potential replacement opportunities.
GE Vernova's backlog hit a record $176 billion in Q2 2026, up $13 billion sequentially. CEO Scott Strazik says the company is on…