On Tuesday, SoftBank stock took a hit.<br />SoftBank lost 7.7% over two days following reports that the conglomerate had been making huge and risky bets on tech stocks.<br />The losses have wiped roughly $10 billion off the market value of SoftBank.<br />SoftBank shored up its investment in Amazon, Microsoft, and Netflix.<br />The Wall Street Journal said that the options generated an exposure of about $50 billion.<br />The size of the bets means that SoftBank (SFTBF) CEO Masayoshi Son is now being called a "whale."<br />A "whale" is a heavy hitter with the power to move markets on his own.<br />His company's share holders are nervous because major investments in tech could lead to huge losses is the bubble bursts.
