SoftBank shares dropped 12% on OpenAI IPO delay fears. With over $60B invested and a negative S&P credit outlook, the stakes couldn't be higher.

The trillion-dollar public debut had initially been planned for late 2026.

OpenAI delays its IPO to 2027 due to market uncertainties and unmet revenue targets. Market cap below $500B at IPO day priced at 1.9% YES.

SoftBank Group plunged, leading a broad selloff in Asian technology stocks amid mounting concerns over the rising cost of artificial intelligence infrastructure.

SoftBank shares dropped 12% on OpenAI IPO delay fears. With over $60B invested and a negative S&P credit outlook, the stakes couldn't be higher.

OpenAI and rival Anthropic have been racing to make their Wall Street debuts. Read more at straitstimes.com. Read more at straitstimes.com.

Tech stocks decline broadly, dragging Nikkei average down by nearly 4%

Global markets fell due to AI demand concerns and OpenAI IPO delays. OpenAI's market cap less than $500B at IPO close now at 1.4% YES.

Japan's Nikkei index experienced a significant drop of 4% on Friday, largely due to a sharp decline in tech investor SoftBank Group, which plunged over 12% following reports of a…

Tech stocks bring down Nikkei average by 4%; South Korea's KOSPI falls 6%

OpenAI is reconsidering its IPO timeline amid a tech selloff, with CEO Sam Altman holding firm on a $1 trillion valuation target as markets cool on AI

Advisors are telling OpenAI to hold off on going public until next year. The triggers: volatile tech markets and SpaceX's weak stock performance after its record IPO. SoftBank,…