SoftBank's profits nosedived 99% last quarter. Here's why its stock went up 12%.
SoftBank led with the good news in its on Wednesday. The third slide is an image of a roiling ocean with the caption, "Tide is turning.
" The fifth slide is a chart showing Sprint's stock price going vertical on Tuesday. On the next slide, it downplayed the $2 billion loss at its Vision Fund by pointing out the segment lost $8.8 billion in the second quarter.
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