According to CoinMeta, after experiencing its first net loss in nearly two years, SoftBank Group reported a quarterly loss of $7 billion, and its stock price fell by 10.5% during trading in Tokyo. The loss was mainly due to a write-down of $3.7 billion related to electricity equipment for its artificial intelligence data centers in the United States, which resulted in a total loss of 1.12 trillion yen. The company's share price has fallen by 46% this quarter, nearly 60% from its peak in June.