🔴 SoftBank Group Corp. flat as investors weigh heavy debt and risks from its massive OpenAI bet amid a tech sector pullback

SoftBank Group Corp. is trading at $23.63 (0.00%), holding steady after a steep drop on June 4.

• The stock is under pressure not only from a broad tech and AI sector sell-off but also from growing concerns about its own financial position.
• Reports from June 4 highlight worries over SoftBank's rising debt and its large, leveraged investment in OpenAI, with S&P Global recently cutting the company's credit outlook to negative.
• The company is reportedly using its OpenAI stake as collateral for loans to fund further AI infrastructure projects, a move that has raised flags for lenders and credit rating agencies.