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Ticker: SONY
Ticker: SONY
04:18am, Friday, May 08, 2026
Sony predicts a 6% decline in gaming sales due to aging PS5 hardware and surging memory chip prices, while anticipating a 30% profit jump fueled by strong software sales and no impairment losses.
04:10am, Friday, May 08, 2026
Nintendo raises the Switch 2 price by $50 as global memory shortages drive component costs higher. The company forecasts a sales decline to 16.5 million units for fiscal 2027, reflecting tough market conditions.
08:36am, Thursday, Feb 05, 2026
Sony bucks memory chip constraints, posting a 22% jump in operating profit despite gaming hardware hiccups and rising DRAM prices, while music and imaging divisions drive growth.
09:51am, Monday, Jan 26, 2026
Michael Burry warns that the Japanese yen's rebound could disrupt U.S. equities, highlighting currency risks amid shifting global financial dynamics.
07:02am, Tuesday, Dec 10, 2024
Sony Group (NYSE: SONY) hits an all-time high, closing at 3,338 yen—a surge of 4.1% fueled by strong gaming sales and positive quarterly results. With anticipated growth in entertainment, traders should monitor Sony’s promising future and revenue projections.
05:02am, Friday, Nov 08, 2024
Sony (NYSE: SONY) shares surged after reporting a 73% increase in operating profit for Q2, driven by strong gains in gaming and network services. The company maintains its profit guidance and has raised its 2025 revenue forecast, suggesting robust growth ahead.
08:05am, Thursday, Sep 12, 2024
Microsoft (NASDAQ: MSFT) announces 650 job cuts in its Xbox Games division, part of restructuring post-Activision Blizzard acquisition. Despite industry turmoil and consumer spending declines, the company remains committed to gaming. Stock impacts to watch closely.
06:48am, Tuesday, Aug 27, 2024
Sony has raised the price of its PlayStation 5 in Japan amid challenging economic conditions, now priced at ¥72,980 for the digital edition. This move reflects lower sales projections of 18 million units. Traders should monitor market reactions and potential shifts in consumer behavior.
05:54am, Thursday, Aug 22, 2024
The Disney-Reliance merger, valued at $8.5 billion, faces regulatory scrutiny from India's CCI over cricket broadcasting rights. Concerns about monopolistic practices could compel both companies to consider divesting certain assets to secure approval. Investors should monitor this evolving situat...
03:29am, Wednesday, Aug 07, 2024
Sony (NYSE: SONY) reports a 10% increase in Q1 operating profit, hitting 279 billion yen, boosted by a surge in its image sensor division. Despite a drop in PS5 sales, profits rose, prompting a 3% annual forecast hike. Shares remain flat amid market volatility.
06:33am, Tuesday, May 14, 2024
Sony sees a 7% drop in annual profits and misses PlayStation 5 sales targets for fiscal year 2023.
04:20am, Tuesday, May 07, 2024
Sony Group Corp. shares fell by 4.2% following its announcement of a joint $26 billion bid for Paramount Global with Apollo Global Management, sparking investor worries about financial strain and regulatory hurdles.