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Japanese technology investor SoftBank Group is expected to book a quarterly net loss of 26.9 billion yen ($184.4 million) on Tuesday as early-stage tech startups fell out of favour and losses widened at major portfolio firms. The forecast downgrades are seen by analysts as being partially offset by a stronger yen and the continued rise in the share price of SoftBank’s telecommunications holdings, such as T-Mobile, which finished the quarter up more than 20%, close to a record high.
The net loss for the January-March quarter is based on the average of…
