NYSE:SONY - New York Stock Exchange, Inc. - US8356993076 - ADR - Currency: USD
Sony Chairman Kenichiro Yoshida called the $4 billion acquisition of EMI Music Publishing in 2018 the company's most significant investment, highlighting Sony's strategic shift toward entertainment, while also emphasizing ongoing portfolio restructuring and growth in the music segment.
Mentions: SNE
For full-year 2024, Sony expects revenue to be about JPY 13.2 trillion ($876 billion), 4% higher than its previous outlook.
PlayStation parent Sony Group Corp reported strong Q3 results, with sales of $28.97B, beating estimates. EPS of $0.41 also beat expectations. PS5 sales drove growth.
Sony Pictures Television’s bid to take over distribution rights to Jeopardy! and Wheel of Fortune from CBS was temporarily halted by a California state court.
Broadcom Inc (NASDAQ:AVGO) could soon avail 2-nm chip samples from Japan’s Rapidus starting in June. The development marks the Japanese chipmaker’s efforts to emulate key contract chipmaker Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) strategy, which catapulted it into the trillion-dollar market cap, Nikkei Asia reports. Prior reports indicated that International Business Machines Corp (NYSE:IBM) and Rapidus are co-developing IBM’s 2-nm node technology for implementation at Rapidus’ fab in
While Nvidia CEO Jensen Huang made major waves at this year’s CES, it was the auto industry that stole the show.
The CES 2025 tech trade show will showcase advancements in artificial intelligence, robotics, wearable devices and other hot areas.
The expansion of the gaming sector presents opportunities for investors who seek companies with strong user growth, solid financials, and innovative platforms.