Universal, Warner and Sony Are Negotiating AI Licensing Rights for Music
- The talks with AI startups concern how the labels—and their artists—would get paid for music's use in generative AI models.
- 06/02/2025
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Sony says financial arm spin-off will secure fundraising capabilities
- Sony's CEO said on Thursday the spin-off of the financial services arm will secure that business its own fundraising capabilities.
- 05/29/2025
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Why Sony Stock Spiked Today
- Shares of Sony Group (SONY 3.94%) rose on Tuesday. The company's stock was up 4% by the time the market closed.
- 05/27/2025
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Sony to reportedly outline financial arm strategy ahead of spin-off
- Sony Group Corp (NYSE:SONY) will on Thursday present plans for the growth of its financial unit, ahead of a spin-off set for September. According to Reuters, the group will distribute just over 80% of Sony Financial Group shares to investors via dividends in kind, retaining a stake of just under 20%.
- 05/27/2025
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Sony to make case for finance arm spin-off in latest corporate transformation
- Sony will on Thursday lay out the growth strategy for its financial arm set for a spin-off that has been welcomed by investors as marking the latest chapter in the company's transformation.
- 05/27/2025
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The Best Stocks to Invest $50,000 in Right Now
- Deciding how to invest a lump sum of cash -- say, $50,000 -- is difficult.
- 05/21/2025
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Wall Street Bulls Look Optimistic About Sony (SONY): Should You Buy?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 05/20/2025
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Sony: Lackluster Performance May Be Followed By Another Similar Year
- Sony Group Corporation's FY24 results were mixed, with flat operations excluding financial services and declining PS5 sales, but strong profitability in core segments. Tariff risks and weak PS5 outlook weigh on guidance, with management expecting flat operating income and lower net income for the coming year. Imaging & Sensing Solutions remains a bright spot, projected to grow despite currency and tariff headwinds, while gaming faces ongoing challenges.
- 05/14/2025
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Markets Await Retail Sales Data
- Pre-market futures are up this morning, riding 5-straight up-days on the tech-heavy Nasdaq. The Dow is so far recovering from its UnitedHealth ( UNH ) sell-off yesterday, up +85 points at this hour.
- 05/14/2025
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SONY's Q4 Earnings Increase Y/Y & Revenues Fall, Costs Down
- Sony's fiscal Q4 performance suffers from weaknesses in the G&NS, Financial Services, and ET&S units, despite strength in the Music, Pictures, and I&SS units.
- 05/14/2025
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Sony Group Corporation (SONY) Q4 2025 Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q4 2025 Earnings Conference Call May 14, 2025 3:00 AM ET Company Participants Hiroki Totoki - President and CEO Lin Tao - Chief Financial Officer Sadahiko Hayakawa - Senior Vice President Kazuhiro Yamada - Sony Financial Group Corporate Executive Officer and CFO Conference Call Participants Junya Ayada - JPMorgan Securities Kohei Okazaki - Nomura Securities Ryosuke Katsura - SMBC Nikko Securities Unidentified Company Representative Thank you very much for coming to attend our Meeting despite of your busy schedule. Now we'd like to start Sony Group Corporation's Corporate Strategy and Earnings Announcement Presentation 2025.
- 05/14/2025
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Nasdaq Gains Over 100 Points; Sony Group Posts Upbeat Earnings
- U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Wednesday.
- 05/14/2025
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Sony warns this year's profit won't grow at all due to tariffs
- Japanese consumer electronics giant Sony warned on Wednesday that this year's profits won't grow at all because of tariffs.
- 05/14/2025
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Sony shares rise about 2% in volatile trading following share buyback announcement
- Sony shares rose about 2% on Wednesday after the company announced a 250 billion yen share buyback and operating income beat estimates.
- 05/14/2025
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Sony Group Posts Profit Growth on Strength of Music, Movie Businesses
- The Japanese company reported a rise in fourth-quarter net profit thanks partly to higher earnings from its music and movie businesses.
- 05/13/2025
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Sony annual operating profit rose 16%, beating analysts' estimates
- Sony on Wednesday reported operating profit for the year ended March rose 16% to 1.4 trillion yen ($9.51 billion), beating analyst estimates.
- 05/13/2025
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SONY Set to Report Q4 Earnings: Key Takeaways for Investors
- Sony's Q4 performance is likely to have benefited from elevated demand across G&NS, Music and Financial Services units amid soft trends in the ET&S business.
- 05/12/2025
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Sony (SONY) Increases Despite Market Slip: Here's What You Need to Know
- Sony (SONY) closed the most recent trading day at $24.70, moving +1.02% from the previous trading session.
- 05/09/2025
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Sony Pictures extends Rothman's contract as CEO of its motion picture group
- Sony Pictures said on Friday it had entered into a multi-year contract extension with its motion picture group's chairman and CEO, Tom Rothman.
- 05/09/2025
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5 Must-Buy Growth Stocks for May With Solid Short-Term Upside
- Five growth stocks to invest in May are: AEM, AFRM, AVGO, SONY, EXE.
- 05/07/2025
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5 Momentum Stocks to Buy for May After a Mixed April
- Five momentum to invest in May are: SFM, PM, AEM, SONY, NWG.
- 05/05/2025
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Sony (SONY) Rises Yet Lags Behind Market: Some Facts Worth Knowing
- The latest trading day saw Sony (SONY) settling at $25.33, representing a +0.2% change from its previous close.
- 05/02/2025
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Are You Looking for a Top Momentum Pick? Why Sony (SONY) is a Great Choice
- Does Sony (SONY) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 05/02/2025
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Why Sony (SONY) Outpaced the Stock Market Today
- The latest trading day saw Sony (SONY) settling at $26, representing a +0.97% change from its previous close.
- 04/30/2025
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Best Momentum Stock to Buy for April 30th
- SPOT, SONY and CIVB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 30, 2025.
- 04/30/2025
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Why Sony (SONY) is a Top Momentum Stock for the Long-Term
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 04/30/2025
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Is It Worth Investing in Sony (SONY) Based on Wall Street's Bullish Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/30/2025
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Sony Corporation (SONY) Hit a 52 Week High, Can the Run Continue?
- Sony (SONY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 04/30/2025
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Best Income Stocks to Buy for April 30th
- SKM, TAK and SONY made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 30, 2025.
- 04/30/2025
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New Strong Buy Stocks for April 30th
- DB, SPOT, SONY, CIVB and TAK have been added to the Zacks Rank #1 (Strong Buy) List on April 30, 2025.
- 04/30/2025
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Sony considering chip unit spinoff, Bloomberg reports
- Sony is considering a spinoff and listing of its semiconductor business as soon as this year, Bloomberg News reported, citing anonymous sources.
- 04/28/2025
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Sony (SONY) Increases Yet Falls Behind Market: What Investors Need to Know
- Sony (SONY) closed the most recent trading day at $25.12, moving +0.92% from the previous trading session.
- 04/24/2025
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Here's Why Sony (SONY) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 04/16/2025
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Sony Raises PS5 Prices in Europe Due to 'Challenging Economic Environment'
- Sony (SONY) has raised PlayStation 5 prices in international markets including the Europe, Australia, and New Zealand, citing a "challenging economic environment, including high inflation and fluctuating exchange rates."
- 04/14/2025
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Sony hikes PlayStation 5 price in wake of US tariffs
- Sony said it has made the "tough" decision to hike the price of its PlayStation 5 console 25% in the wake of the high US tariffs on China, where much of the device's manufacturing is undertaken. The Japanese company announced the price increase for Europe and the UK, with a similar increase expected to be made in North America.
- 04/14/2025
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Sony hikes PlayStation 5 price by 11% in Europe
- Sony said it will hike the price of its PlayStation 5 console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates.
- 04/14/2025
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Sony raises PlayStation 5 prices in Europe citing 'challenging' economic environment
- Sony hiked the price of its flagship PlayStation 5 console in Europe, Australia and New Zealand, citing a "challenging economic environment" as the reason behind the move. Sony said it has made the "tough decision" to raise prices against the "backdrop of a challenging economic environment, including high inflation and fluctuating exchange rates.
- 04/14/2025
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3 Audio Video Stocks to Consider From a Flourishing Industry
- Investments in cutting-edge and innovative solutions are likely to aid Zacks Audio Video Production industry participants like SONY, DLB and GPRO amid cautious discretionary spending.
- 04/10/2025
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Is Sony (SONY) a Buy as Wall Street Analysts Look Optimistic?
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 04/10/2025
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Digital Sales Limit The Impact Of Tariffs On Sony
- I estimate the tariff exposure to the U.S. at $10B due to having a diversified portfolio of physical and digital products. Estimated impact of tariffs to $1.2B on the operating income for FY '26, with a subsequent recovery to growth and margins. The intrinsic value of $105B or $17 per share indicates fundamental downside, but I expect the company to close the gap within 3 years.
- 04/10/2025
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Sony (SONY) Advances While Market Declines: Some Information for Investors
- In the closing of the recent trading day, Sony (SONY) stood at $21.32, denoting a +0.38% change from the preceding trading day.
- 04/08/2025
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Why Sony Stock Swooned on Monday
- As a non-U.S. company quite dependent on the tastes and sentiments of consumers, Sony (SONY -2.63%) is particularly vulnerable in the current tariff war.
- 04/07/2025
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Sony Pictures Entertainment Names Warner Bros. Vet Jay Levine To Top Strategy And Operations Post
- Sony Pictures Entertainment has appointed Jay Levine as EVP, Chief Strategy Officer and Business Operations. Levine most recently spent a year as CEO of Kevin Hart's media company Hartbeat. Prior to that, he held various executive posts over 11 years at Warner Bros.
- 04/07/2025
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Sony downgraded to Peer Perform from Outperform at Wolfe Research
- Wolfe Research downgraded Sony to Peer Perform from Outperform with no price target. Rising costs and weakening consumer confidence from "reciprocal" tariffs mean real risk to profit forecasts given that about 30% of Sony's customer sales are derived from the US and about 70% of core operating profits excluding Financial Services are sourced from consumer discretionary segments, the analyst tells investors.
- 04/07/2025
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Trump's Retaliatory Tariffs Threaten Markets: 5 Low-Beta Stocks to Buy
- Investing in defensive stocks like SWX, CMS, TAP, SONY and CAH is a safe bet during times of market volatility.
- 04/03/2025
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SONY vs. LRLCY: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Consumer Products - Staples sector might want to consider either Sony (SONY) or L'Oreal SA (LRLCY). But which of these two stocks is more attractive to value investors?
- 03/31/2025
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Why Sony (SONY) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 03/31/2025
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Sony Corporation (SONY) Hits Fresh High: Is There Still Room to Run?
- Sony (SONY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 03/28/2025
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This Top Consumer Staples Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Rank.
- 03/28/2025
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Is Trending Stock Sony Corporation (SONY) a Buy Now?
- Zacks.com users have recently been watching Sony (SONY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 03/27/2025
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Clover & Sony Pictures Television Announce First-of-its-Kind Partnership to Champion Small Businesses with the Inaugural Clover x Shark Tank Summit
- AUSTIN, Texas--(BUSINESS WIRE)-- #CloverSXSW--Clover, the world's smartest all-in-one point-of-sale solution, and Sony Pictures Television (SPT), which co-produces the critically acclaimed, multi-Emmy Award-winning “Shark Tank,” today revealed a first-of-its-kind partnership and series of groundbreaking initiatives to combat the astounding 50% small business failure rate (source: U.S. Chamber of Commerce). Live from the stage at SXSW, the partners unveiled the Clover x Shark Tank Summit, a small business con.
- 03/10/2025
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Why Now is the Best Time to Invest in Netflix & Sony Stocks
- Netflix & Sony thrive in the subscription boom, fueled by streaming & gaming growth, with strong ties to Apple's ecosystem.
- 03/06/2025
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Sony, Suntory build U.S. stockpiles as Japan faces Trump tariff threat
- Japanese electronics giant Sony and drinks maker Suntory are stockpiling inventory in the United States while their peers shift production or supply chains in efforts to fend off an evolving threat of U.S. tariffs on the export-reliant economy.
- 03/05/2025
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Sony To Build Vegas Film Studios With Local Partners, A Game Changer For The Sector
- Sony Group Corporation will build a $3.1b studio in Vegas. This is a game changer for the sector as it turns focus on expanding cheaper production. The market has largely shrugged off the news, when it's a sign of a major pivot in the currently confused state of streaming.
- 03/04/2025
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Seeking Defense? 3 Top-Ranked Low-Beta Stocks Worth a Look
- Low-beta stocks can provide a valuable layer of defense and a more balanced risk profile. And analysts have become bullish on these three.
- 03/04/2025
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5 Stocks With Recent Price Strength Defying a Weak February
- Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are EVER, JAZZ, PGR, SONY, NWG.
- 03/04/2025
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O'Reilly: Sony and Warner believe deeply in the viability of the Las Vegas Valley
- David O'Reilly, CEO of Howard Hughes, explains the delay in Las Vegas development due to legislative schedules and highlights a unique partnership with Sony and Warner for a $1.8 billion project.
- 02/28/2025
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Sony looks to sell streaming rights to ‘Jeopardy' and ‘Wheel of Fortune' for the first time
- Sony Pictures Entertainment said Thursday that it is moving to sell streaming rights to “Jeopardy” and “Wheel of Fortune,” two hit programs that have so far remained only available on traditional broadcast television.
- 02/27/2025
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Sony Interactive Entertainment Announces Lynn Azar Appointed Senior Vice President, Finance, Corporate Development and Strategy
- SAN MATEO, Calif.--(BUSINESS WIRE)--Sony Interactive Entertainment (SIE), the company behind the iconic PlayStation brand, today announced the appointment of Lynn Azar as SVP, Finance, Corporate Development and Strategy, effective April 1, 2025. Azar succeeds Lin Tao, who has been appointed Chief Financial Officer of Sony Group Corporation, also effective April 1, 2025. Azar brings a wealth of experience and strategic insight to SIE, reinforcing the company's commitment to financial excellence.
- 02/27/2025
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Sony Corporation (SONY) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Sony (SONY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 02/26/2025
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Sony Electronics Unveils Specialty 400-800mm F6.3-8 G OSS Super Telephoto Zoom G Lens: The Furthest Reaching Sony Lens To Date
- Full-Frame E-Mount Lens Designed for Birding, Wildlife, and Sports Professionals SAN DIEGO , Feb. 26, 2025 /PRNewswire/ -- Sony Electronics introduces the 400-800mm F6.3-8 G OSS (SEL400800G), its longest-range full-frame E-Mount lens to datei, setting a new benchmark in focal length reach for the Sony mirrorless system. The Sony E-Mount lens lineup previously peaked at 600mm, but the 400-800mm F6.3-8 G OSS extends the focal length to an incredible 800mm for specialty shooting.
- 02/26/2025
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Sony's Should Soon Test Prior Highs On Its Break Out
- Sony shares broke out of a multi-year trading range, driven by strong performance in gaming, music, and upcoming catalysts like the SFG spin-off. Recent earnings show growth in key segments, including 37% in game & network services and 28% in music, with increased full-year operating income guidance. Sony's strategic focus on licensing intellectual property and specialized streaming services like Crunchyroll enhances profitability and reduces complexity compared to competitors.
- 02/19/2025
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Best Income Stocks to Buy for February 19th
- HMN, SONY and CBSH made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 19, 2024.
- 02/19/2025
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See opportunities for Sony's platform business in the AI era: Analyst
- Damian Thong, Senior Analyst of Technology at Macquarie Capital Securities, discusses the opportunities for AI in Sony's gaming business, adding that says its share price still has further to run.
- 02/15/2025
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Sony shares untraded with glut of buy orders
- Sony's shares were untraded with a glut of buy orders in early trading in Tokyo on Friday after the technology and entertainment conglomerate reported strong results at its games and music divisions.
- 02/13/2025
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Why Sony Stock Is Soaring Today
- Shares of Sony (SONY 5.23%) are seeing strong bullish momentum in Thursday's trading. The Japanese tech giant's share price was up 6% as of 12:30 p.m.
- 02/13/2025
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SONY's Q3 Earnings & Revenues Up Y/Y, View Raised on Market Demand
- SONY's fiscal Q3 performance benefits from strength across G&NS, Music, Pictures and Financial Services units amid softness in the ET&S segment.
- 02/13/2025
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Japan's Sony raises forecast on solid results in its game business
- Japanese electronics and entertainment company Sony reported a 3% gain in October-December profit Thursday, and raised its full-year forecast.
- 02/13/2025
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Sony Group Corporation (SONY) Q3 2024 Earnings Call Transcript
- Sony Group Corporation. (NYSE:SONY ) Q3 2024 Earnings Conference Call February 13, 2025 2:00 AM ET Company Participants Kenichiro Yoshida - Representative Corporate Executive Officer, Chairman and CEO Hiroki Totoki - Representative Corporate Executive Officer, President, COO and CFO Naomi Matsuoka - Senior Vice President in Charge of Corporate Planning and Control Sadahiko Hayakawa - SVP, Finance, IR Kazuhiro Yamada - Sony Financial Group Inc. Corporate Executive Officer and CFO Conference Call Participants Hayato Umegaki - Toyo Keizai Junya Ayada - JPMorgan Chase Yasuo Nakane - Mizuho Securities.
- 02/13/2025
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Sony Pictures Entertainment Third-Quarter Profits Dip 21% To $223M; Corporate Results Jump On Games & Music
- Refresh for latest
- 02/13/2025
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Sony posts quarterly profit beat as gaming revenues jump
- The December quarter is a key period for Sony, covering the holiday shopping season which is often a lucrative time for consumer electronics firms.
- 02/13/2025
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Sony profit rises 22.9% in April-December period
- Sony's operating profit rose 22.9% in the first nine months of the financial year ending March, the company reported on Thursday.
- 02/13/2025
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What Makes Sony (SONY) a New Buy Stock
- Sony (SONY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 02/11/2025
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SONY Gears Up to Report Q3 Earnings: Is a Beat in the Cards?
- Sony's Q3 performance is likely to have benefited from steady momentum across the G&NS, Music and I&SS units amid weak financial services business.
- 02/11/2025
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Sony says PlayStation Plus members will get five-day extension after outage
- After the PlayStation Network experienced a global outage that lasted for nearly a day, Sony says it will compensate PlayStation Plus subscribers by giving them an extra five days of service.
- 02/09/2025
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Sony to offer PlayStation Plus users five-day extension after global outage
- Sony said on Sunday that all PlayStation Plus members would automatically receive an additional five days of service, after a global outage disrupted the PlayStation Network (PSN) for about 18 hours on Friday and Saturday.
- 02/09/2025
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Sony PlayStation Network Collapses
- At @askplaytion, Sony (NYSE: SONY) posted this: “We are aware some users might be currently experiencing issues with PSN.
- 02/09/2025
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PlayStation's daylong global outage disrupted the online gaming economy and knocked Sony's stock
- A nearly 24-hour outage disrupted Sony's PlayStation Network starting on Friday. The outage prevented gamers from playing or purchasing games online, disrupting the digital economy.
- 02/08/2025
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PlayStation Network Status: Are PSN Servers Still Down? Sony Remains Weirdly Silent On Outage
- As you've heard by now, the PlayStation Network is down, or mostly down, and has been for close to 24 hours at this point. Reports at Down Detector peaked Friday evening around 6pm ET, but users continue to log outages Saturday and Sony's PlayStation Status website still shows red across all services.
- 02/08/2025
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PlayStation Network suffers global multi-hour outage: ‘This is ridiculous'
- Sony's PlayStation Network has been experiencing a multi-hour outage that began Friday evening, infuriating gamers around the world.
- 02/08/2025
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Sony PlayStation Network outage enrages gamers around the world
- A major outage of Sony's PlayStation Network (PSN) on Saturday has left tens of thousands of gamers unable to access online services, stores and multimedia apps.
- 02/08/2025
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Sony (SONY) Surpasses Market Returns: Some Facts Worth Knowing
- Sony (SONY) closed at $23.01 in the latest trading session, marking a +0.39% move from the prior day.
- 02/06/2025
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1 Stock-Split Stock to Buy Hand Over Fist in February and 1 to Avoid
- It's a great time to be an optimist on Wall Street. For more than two years, the bulls have been in firm control, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all recently achieving record-closing highs.
- 02/03/2025
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Spider-Man Helps Sony's Columbia Pictures Swing To $24 Million Profit
- Sony's Columbia Pictures movie studio has revealed that its European parent company booked a $24.1 million (£19.1 million) net profit in the year to March 31, 2024 thanks to its strong line up of titles including Spider-Man: Across The Spider-Verse and The Equalizer 3 starring Denzel Washington.
- 02/02/2025
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Here's Why Sony (SONY) Fell More Than Broader Market
- The latest trading day saw Sony (SONY) settling at $22.01, representing a -1.3% change from its previous close.
- 01/31/2025
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Is It Worth Investing in Sony (SONY) Based on Wall Street's Bullish Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 01/30/2025
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Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
- Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
- 01/30/2025
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Sony Corporation (SONY) Is a Trending Stock: Facts to Know Before Betting on It
- Sony (SONY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 01/29/2025
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Sony Corp. and PlayStation have new leadership
- Sony Corp. shook up the top leadership of the company as well as at its major PlayStation division. It has appointed Hiroki Totoki as CEO.
- 01/29/2025
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New Leadership at Sony Interactive Entertainment
- SAN MATEO, Calif. & TOKYO--(BUSINESS WIRE)--Sony Group Corporation and Sony Interactive Entertainment (SIE), the company behind PlayStation, today announced the appointment of Hideaki Nishino to the role of President and CEO effective April 1, 2025. This marks an evolution designed to maximize synergies across SIE that was announced in May 2024 in which Nishino was appointed CEO of the Platform Business Group effective June 1, 2024, alongside Hermen Hulst, who was appointed CEO of the Studio Bu.
- 01/28/2025
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Sony Group says President Totoki to add CEO role from April
- Sony Group President Hiroki Totoki will add the CEO role from April 1, while incumbent Chairman-CEO Kenichiro Yoshida will remain as chairman, the company said on Wednesday.
- 01/28/2025
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Sony (SONY) Advances While Market Declines: Some Information for Investors
- Sony (SONY) reachead $21 at the closing of the latest trading day, reflecting a +0.82% change compared to its last close.
- 01/27/2025
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Here's Why Sony (SONY) is a Strong Momentum Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 01/24/2025
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Growth Trends in the Classroom Displays Market by Type, Application and Region (2025-2033) Featuring Acer, BenQ, Hitachi, LG Electronics, Promethean World, Seiko Epson, Smart Technologies, and Sony Group
- Global Revenues Forecast to Reach $542 Billion by 2033, Registering a CAGR of 19.22% During 2025-2033 Global Revenues Forecast to Reach $542 Billion by 2033, Registering a CAGR of 19.22% During 2025-2033
- 01/24/2025
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Why Sony (SONY) Outpaced the Stock Market Today
- In the closing of the recent trading day, Sony (SONY) stood at $20.64, denoting a +1.52% change from the preceding trading day.
- 01/17/2025
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Sony Corporation (SONY) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Sony (SONY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 01/16/2025
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3 Audio Video Stocks to Gain From Strengthening Industry Trends
- Investments in cutting-edge and innovative solutions are likely to aid Zacks Audio Video Production industry participants like SONY, DLB and GPRO amid cautious discretionary spending.
- 01/16/2025
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Sony (SONY) Stock Sinks As Market Gains: Here's Why
- Sony (SONY) concluded the recent trading session at $20.77, signifying a -0.67% move from its prior day's close.
- 01/09/2025
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Here's Why Sony (SONY) is a Strong Value Stock
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 01/09/2025
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The Zacks Analyst Blog Amazon.com, The Procter & Gamble, Sony and The Monarch Cement
- Amazon.com, The Procter & Gamble, Sony and The Monarch Cement are included in this Analyst Blog.
- 01/09/2025
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New Strong Buy Stocks for January 8th
- SONY, VVOS, DXC, LIND and FNCO have been added to the Zacks Rank #1 (Strong Buy) List on January 8, 2024.
- 01/08/2025
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Best Income Stocks to Buy for January 8th
- SONY, GDEN and LDOS made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 8, 2024.
- 01/08/2025
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Best Value Stocks to Buy for January 8th
- DXC, YELP and SONY made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 8, 2024.
- 01/08/2025
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Sony Unveils Pricing Of Afeela Electric Vehicle: Here's How Much EV From PlayStation Maker Will Cost
- Technology company Sony Group Corp SONY has added electric vehicles to the list of items to carry its growth into the future and its latest model is nearing a launch with new details shared at the 2025 CES Conference.
- 01/07/2025
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Here's Why Sony (SONY) Gained But Lagged the Market Today
- Sony (SONY) closed the most recent trading day at $21.32, moving +1.09% from the previous trading session.
- 01/03/2025
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Sony Stock Appears to Be a Solid Investment Bet Now: Here's Why
- SONY is experiencing strong growth driven by sustained momentum in its G&NS and Music segments.
- 01/03/2025
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Sony Corporation (SONY) Is a Trending Stock: Facts to Know Before Betting on It
- Sony (SONY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 01/02/2025
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2 Stock-Split Stocks to Buy Hand Over Fist in 2025 and 1 to Avoid
- In case you haven't noticed, the bulls have been running wild on Wall Street for two years. As of the closing bell on Dec. 30, the ageless Dow Jones Industrial Average, broad-based S&P 500, and growth-centric Nasdaq Composite had respectively rallied by 13%, 24%, and 30% for 2024.
- 01/02/2025
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Sony (SONY) Increases Despite Market Slip: Here's What You Need to Know
- In the closing of the recent trading day, Sony (SONY) stood at $21.46, denoting a +1.32% change from the preceding trading day.
- 12/27/2024
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SONY Collaborates With KADOKAWA to Fuel IP Expansion: Stock to Gain?
- Sony acquires 12,054,100 new KADOKAWA shares for 50 billion yen, raising its stake to 10% and becoming KADOKAWA's largest shareholder, including shares from 2021.
- 12/27/2024
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Sony (SONY) Ascends While Market Falls: Some Facts to Note
- Sony (SONY) reachead $21.18 at the closing of the latest trading day, reflecting a +0.19% change compared to its last close.
- 12/26/2024
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Sony (SONY) Beats Stock Market Upswing: What Investors Need to Know
- Sony (SONY) closed at $21.02 in the latest trading session, marking a +1.74% move from the prior day.
- 12/20/2024
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Sony Electronics, ERI, T&N, and Friends of Hawaii Charities to Team Up for Free E-Waste Recycling Event in Honolulu
- HONOLULU--(BUSINESS WIRE)-- #ESG--Sony Electronics Inc.; ERI – the nation's leading recycler of electronics and cybersecurity-focused hardware destruction company; and T&N – Hawaii's leading e-waste collection company – are joining forces the first weekend in January to provide Hawaii residents with a convenient and free way to responsibly recycle unwanted consumer electronics. The free collection event will take place at Waikiki Elementary School's ‘Going Green Day' in Honolulu. Residents will be.
- 12/20/2024
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Why Sony (SONY) is a Top Momentum Stock for the Long-Term
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 12/20/2024
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Ansys & Sony Semiconductor Team Up to Boost Perception Testing in AVs
- ANSS and SONY collaborate to offer OEMs and Tier 1 suppliers advanced tools for validating ADAS/AV performance in varied weather and lighting conditions.
- 12/20/2024
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Is Sony (SONY) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/20/2024
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Can Sony's Gaming Segment Fuel its Growth Momentum in 2025?
- SONY is set to thrive in 2025, with momentum in gaming, music, entertainment and semiconductors, and its dominance in the global audio-video industry.
- 12/20/2024
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Kadokawa shares set to tank after Sony talks end in raised stake, not acquisition
- Shares of Japan's Kadokawa were set to fall by their daily limit on Friday after the media powerhouse behind the "Elden Ring" game announced a capital tie-up with Sony instead of a widely anticipated acquisition.
- 12/19/2024
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Sony (SONY) Falls More Steeply Than Broader Market: What Investors Need to Know
- The latest trading day saw Sony (SONY) settling at $20.66, representing a -1.2% change from its previous close.
- 12/19/2024
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Ansys Collaborates with Sony Semiconductor Solutions to Advance Scenario-Based Perception Testing in Autonomous Vehicles
- Collaboration empowers OEMs and Tier 1 suppliers to reliably evaluate and verify performance of ADAS/AV functionality in all weather and lighting conditions / Key Highlights Ansys AVxcelerate Sensors™ autonomous vehicle (AV) sensor simulation software provides real-time multispectral camera simulation for scenario-based perception testing Leveraging both AVxcelerate Sensors and Sony's high dynamic range (HDR) Image Sensor Model, OEMs can test advanced driver assistance systems (ADAS) and AV functions, accounting for sensor behavior in diverse driving scenarios including low light, nighttime, rain, snow, and fog Real-time perception feedback significantly accelerates road testing requirements in a virtual environment, enhancing AV safety validation and lowering development costs PITTSBURGH , Dec. 19, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) is collaborating with Sony Semiconductor Solutions Corporation (Sony) to improve perception system validation in ADAS/AVs. Ansys AVxcelerate Sensors provides real-time multispectral lighting simulation capabilities, enabling thorough evaluation of different lighting scenarios and weather conditions including rain, snow, and fog.
- 12/19/2024
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Sony buys 10% of 'Elden Ring' owner for $320 mn
- Japanese electronics titan Sony said Thursday it had paid more than $300 million for a 10 percent stake in the media conglomerate behind the smash-hit game 'Elden Ring'.
- 12/19/2024
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Sony to become top shareholder of media powerhouse Kadokawa
- Sony Group said on Thursday it will invest about 50 billion yen ($320 million) to acquire new shares of Kadokawa , raising its stake in the Japanese media powerhouse to around 10% and becoming Kadokawa's top shareholder.
- 12/19/2024
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Sony Corporation (SONY) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Sony (SONY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 12/18/2024
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Why Sony Stock Is Stuck Today -- Down 3%
- Shares of Japanese technology and entertainment giant Sony Group (SONY -3.10%) slid 3.2% through 10:30 a.m. ET Friday after multiple news outlets reported Sony is eyeing a purchase of (all or part) of Elden Ring developer Kadokawa.
- 12/13/2024
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Apple Reportedly Working With Sony to Bring Playstation VR Controllers to Vision Pro
- Apple's headset already supports some third-party controllers but not ones with specific functionality for VR gaming.
- 12/09/2024
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Apple is reportedly asking Sony for help with its Vision Pro problem
- Apple's Vision Pro headsets went on sale in February. They have not taken the world by storm.
- 12/09/2024
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Sony Corporation (SONY) Hit a 52 Week High, Can the Run Continue?
- Sony (SONY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 12/05/2024
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Sony Corporation (SONY) Is a Trending Stock: Facts to Know Before Betting on It
- Sony (SONY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 12/05/2024
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Sony (SONY) Moves to Buy: Rationale Behind the Upgrade
- Sony (SONY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 12/04/2024
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Is Sony (SONY) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 12/04/2024
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Is Sony (SONY) a Buy as Wall Street Analysts Look Optimistic?
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 12/04/2024
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Here's Why Sony (SONY) is a Strong Value Stock
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 12/02/2024
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Sony Looks to Expand Reach in Anime, Gaming
- How the entertainment company's potential acquisition of Kadokawa, the home of “Elden Ring,” could upend anime and gaming.
- 11/26/2024
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Sony Is Working on a PS5 Portable Console to Rival Nintendo's Switch, Report Says
- Sony joins Microsoft in the race to develop a standalone portable console that would play games on the go like Nintendo's popular Switch console.
- 11/25/2024
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Sony India secures $170 mln Asian cricket media rights; Reliance-Disney skips bidding
- Sony's India unit said on Friday it had secured the media rights for all Asian Cricket Council (ACC) tournaments until 2031, which a source with direct knowledge of the matter put the value at $170 million.
- 11/22/2024
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Investors Heavily Search Sony Corporation (SONY): Here is What You Need to Know
- Recently, Zacks.com users have been paying close attention to Sony (SONY). This makes it worthwhile to examine what the stock has in store.
- 11/20/2024
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Kadokawa shares jump 16% after news of Sony talks
- Kadokawa's shares jumped 16% in early Tokyo trading on Wednesday, a day after Reuters reported Sony was in talks to acquire the publishing, anime and gaming powerhouse.
- 11/19/2024
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Sony Electronics Announces Second-Generation Flagship Alpha 1 II
- A Combination of High R esolution, Speed, and AI Recognition Designed for Professionals SAN DIEGO , Nov. 19, 2024 /PRNewswire/ -- Today Sony Electronics Inc. introduces the Alpha 1 II, its new flagship full-frame camera. This mirrorless camera brings together some of the most requested and beloved features of Sony's high-end camera lineup into one body, designed to be the most reliable and strongest choice for any professional application.
- 11/19/2024
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Exclusive: Sony in talks to buy media powerhouse behind 'Elden Ring', sources say
- Sony is in talks to acquire Kadokawa , the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio.
- 11/19/2024
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Here's Why Sony (SONY) is a Strong Momentum Stock
- The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
- 11/18/2024
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North America Soundbar Market and Competition Analysis 2024-2031, Featuring Strategic Profiles of Bose, Sony, Intex Technologies, Yamaha, Samsung Electronics and Other Key Players
- Dublin, Nov. 15, 2024 (GLOBE NEWSWIRE) -- The "North America Soundbar Market Size, Share & Trends Analysis by Type, Application, Installation Method, Distribution Channel, Connectivity, and Country: 2024-2031 Growth Forecast" report has been added to ResearchAndMarkets.com's offering. The North American Soundbar Market is expected to witness market growth of 8.5% CAGR during the forecast period (2024-2031). The US market dominated the North American Soundbar Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of USD 3.76 billion by 2031. The Canadian market is experiencing a CAGR of 9.8% during 2024-2031. Additionally, the Mexican market is expected to exhibit a CAGR of 9.5% during 2024-2031. This market has grown significantly in recent years, driven by increased demand for enhanced audio quality in home entertainment systems. As televisions become thinner and more advanced, their built-in speakers often fail to deliver the robust sound that modern consumers expect. This has led to a rising demand for external audio solutions, with these emerging as a popular choice. Recent developments in the Mexican market include introducing more budget-friendly models by brands like Samsung and LG, catering to the growing middle class. As smart TVs become more common in Mexican households, these are viewed as an affordable way to enhance audio quality without investing in expensive home theater setups.
- 11/15/2024
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Why Sony (SONY) is a Top Value Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 11/12/2024
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Sony Taps On The Brakes For Growth
- Sony Group Corporation reported robust Q2 '24 earnings, driving shares up 12%, despite management guidance for e2h24 showing more moderate growth trends. Management is expecting growth to slow due to no major game releases and Pictures segment delays after the Hollywood strikes in 2023. Sony's Gaming and Music segments showed strong performance, with strong PlayStation Plus attachment and a 20% share of the Spotify top 100.
- 11/11/2024
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Sony Group Corporation (SONY) Q2 2024 Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q2 2024 Results Conference Call November 8, 2024 2:00 AM ET Company Participants Hiroki Totoki - President, COO, CFO Naomi Matsuoka - Senior Vice President in Charge of Corporate Planning and Control Sadahiko Hayakawa - SVP, Finance, IR Kazuhiro Yamada - Sony Financial Group Inc. Corporate Executive Officer and CFO Conference Call Participants Hayato Umegaki - Toyo Keizai Hisashi Iwato - Nikkei Business Ryo Sato - Nikkei Ryosuke Katsura - SMBC Nikko Securities Junya Ayada - JPMorgan Chase Kota Ezawa - Citigroup Kenji Yasui - UBS Yasuo Nakane - Mizuho Securities Unidentified Company Representative Okay. It is time to start Sony Group Corporation's consolidated financial results announcement session.
- 11/11/2024
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CardioComm Solutions Integrates ECG Technology into Sony's mSafety Platform
- Collaboration Brings Advanced ECG Monitoring to Sony's Wearable Health Solution Toronto, Ontario--(Newsfile Corp. - November 11, 2024) - CardioComm Solutions, (TSXV: EKG) a global leader in medical electrocardiogram (ECG) monitoring technology and a pioneer in Remote Patient Monitoring (RPM) solutions, is pleased to confirm a technology partnership with Sony to integrate CardioComm's ECG technology into the Sony mSafety platform. The addition of CardioComm's technologies will enhance Sony's wearable health solution, delivering a seamless ECG monitoring experience to users without the need for a smartphone.
- 11/11/2024
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Why Sony Stock Raced 9% Higher on Friday
- Investors rewarded the company's latest piece of news by snapping up its shares.
- 11/08/2024
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The Score: Warner Bros. Discovery, JPMorgan Chase, Sony and More Stocks That Defined the Week
- Here are some of the major companies whose stocks moved on the week's news.
- 11/08/2024
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SONY's Q2 Earnings & Revenues Rise Y/Y, Stock Soars on Outlook Revision
- SONY' fiscal second-quarter performance benefits from steady momentum across G&NS, Music and I&SS segments amid softness in the financial services business.
- 11/08/2024
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Sony raises guidance on gaming strength, quarterly operating profit beats estimates
- Sony revised its fiscal 2025 revenue target up slightly to 12.7 trillion yen ($83 billion) — it was previously targeting 12.6 billion yen in sales. The tech giant reported better-than-expected profit for the September quarter, with operating income jumping 73% year over year.
- 11/08/2024
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Sony stock rises as gaming and imaging units boost profits
- Sony shares rose in premarket trade Friday after the company reported booming profit growth in the fiscal second quarter.
- 11/08/2024
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PlayStation Plus keeps Sony's gaming revenues in control
- Japanese entertainment conglomerate Sony Group Corp (NYSE:SONY) reported strong year-on-year growth in its gaming and music segments, partially offset by a downturn in the film and TV department, in its first-half results. Although physical PlayStation sales were down, Sony's PlayStation Plus digital network subscriptions offset this.
- 11/08/2024
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Sony's Profit Jumps on Strength in Game, Image-Sensor Businesses
- The Japanese company raised its annual revenue forecast after delivering a second-quarter profit beat.
- 11/08/2024
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Sony Pictures Entertainment Q2 Profits Slide To $124M; Impact From Hollywood Strikes Cited
- Refresh for latest
- 11/08/2024
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Sony's Q2 game/network service sales rise 12% to $7.01B
- Helldivers 2 has sold 12 million copies on the PS5 and PC to date, while Astro Bot has sold more than 1.5 million copies to date.
- 11/08/2024
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Sony operating profit jumps 42% in H1
- Sony's operating profit soared 42.3% in the first half of the financial year ending March, the company reported on Friday.
- 11/08/2024
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Sony reports 69% jump in operating profit, beating expectations
- Sony reports 69% jump in operating profit, beating expectations
- 11/08/2024
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Swift Navigation Collaborates with Sony Semiconductor Solutions to Enable Precise Location in Small Battery Powered Devices
- SAN FRANCISCO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Swift Navigation ("Swift"), a leader in precise positioning technology, announced a joint solution developed with Sony Semiconductor Solutions Corporation (“Sony”) that integrates Swift's Skylark® Precise Positioning Service with Sony's ultra-low-power CXD5610 GNSS chipset . The partnership dramatically enhances location accuracy, unlocking new capabilities that boost safety, efficiency, and regulatory compliance across logistics, construction, micromobility, and other sectors.
- 11/07/2024
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Here is What to Know Beyond Why Sony Corporation (SONY) is a Trending Stock
- Recently, Zacks.com users have been paying close attention to Sony (SONY). This makes it worthwhile to examine what the stock has in store.
- 11/07/2024
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Sony Interactive Entertainment Launches PlayStation 5 Pro
- SAN MATEO, Calif.--(BUSINESS WIRE)--Today, Sony Interactive Entertainment expands the PlayStation®5 (PS5®) family of products with the release of the new PlayStation®5 Pro (PS5®Pro) console – the company's most advanced and innovative gaming console to date. PlayStation 5 Pro was designed with deeply engaged players and game creators in mind and includes key performance features that allow games to run with higher fidelity graphics at smoother frame rates*. Upgraded GPU: 67% more Compute Units.
- 11/07/2024
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ERI Teams With Sony Electronics to Offer Free E-Waste Recycling Event at Sony Facility in Paramus, New Jersey
- PARAMUS, N.J.--(BUSINESS WIRE)-- #ESG--ERI, the nation's leading recycler of electronics and cybersecurity-focused hardware destruction company, is teaming with Sony Electronics Inc. to provide Paramus, New Jersey and surrounding residents with a convenient way to responsibly recycle unwanted consumer electronics. It's happening at a special free e-waste collection event at Sony Electronics parking lot next Tuesday, where all unwanted electronics will be collected by ERI for responsible recycling or r.
- 11/06/2024
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Brokers Suggest Investing in Sony (SONY): Read This Before Placing a Bet
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 11/06/2024
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SONY Gears Up to Report Q2 Earnings: What's in the Offing?
- Sony's Q2 performance is likely to have benefited from continued strength across its diversified portfolio, including G&NS, Music and Pictures segments.
- 11/06/2024
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Sony (SONY) Outperforms Broader Market: What You Need to Know
- Sony (SONY) closed at $18.05 in the latest trading session, marking a +1.75% move from the prior day.
- 11/05/2024
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Sony sues CBS over game show revenue
- CNBC's Joe Kernen reports on the latest news.
- 11/01/2024
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Sony (SONY) Advances While Market Declines: Some Information for Investors
- In the closing of the recent trading day, Sony (SONY) stood at $17.98, denoting a +0.73% change from the preceding trading day.
- 10/30/2024
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Getac Integrates Sony Semiconductor Solutions' SORPLAS™ Environmentally Conscious Plastic into its Range of Premium Rugged Products
- News in brief: Getac aims to take a new step towards a sustainable world by adopting SORPLAS™ from Sony Semiconductor Solutions (SSS) in its premium rugged products, beginning with the recently launched S510 rugged laptop and K120 fully rugged tablet. SORPLAS is an environmentally conscious plastic developed and provided by SSS, which can achieve up to 99% utilization rate of recycled materials.
- 10/30/2024
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Sony (SONY) Rises Higher Than Market: Key Facts
- Sony (SONY) closed at $17.75 in the latest trading session, marking a +0.74% move from the prior day.
- 10/28/2024
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Sony Corporation (SONY) is Attracting Investor Attention: Here is What You Should Know
- Zacks.com users have recently been watching Sony (SONY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 10/24/2024
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1 Magnificent Stock-Split Stock That's a No-Brainer Buy Right Now and 1 to Avoid at All Costs
- No two companies conducting stock splits are created equally.
- 10/23/2024
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3 Stock Split Stocks To Buy This Fall
- According to StockAnalysis.com, there have been 418 stock splits on U.S.
- 10/22/2024
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Will Sony Group Be a Trillion-Dollar Stock by 2030?
- The Japanese conglomerate still doesn't get as much attention as its U.S. peers.
- 10/22/2024
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Sony (SONY) Registers a Bigger Fall Than the Market: Important Facts to Note
- In the latest trading session, Sony (SONY) closed at $18.10, marking a -0.66% move from the previous day.
- 10/21/2024
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3 Audio Video Stocks to Gain From Positive Industry Trends
- Investments in innovative solutions that enhance experience are likely to aid Zacks Audio Video Production industry participants like Sony (SONY), Dolby (DLB), and LiveOne (LVO) amid cautious discretionary spending.
- 10/21/2024
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Sony Should Appreciate And Potentially Break Out
- Sony is undervalued and poised for growth due to its intellectual property, financial services, and strong segments like gaming, pictures, and music. Crunchyroll's growing subscriber base and potential revenue enhancement through gaming and merchandising are undervalued by the market. The planned spin-off of Sony Financial Group in 2025 should reduce earnings volatility and potentially increase Sony's valuation.
- 10/21/2024
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Don't Miss These 3 Japanese Stocks as Interest Rates Climb
- The world has been primarily focused on the decisions made by the United States Federal Reserve (the Fed), particularly regarding interest rates and the state of the economy. Given that inflation has been tamed sufficiently, the Fed has decided to cut interest rates at the most aggressive pace in 16 years.
- 10/21/2024
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Could the Sony Stock Split Be Huge? History Says This Will Happen Next.
- Stock splits tend to be good news for a company. Will it be the same for Sony?
- 10/16/2024
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Sony (SONY) Advances But Underperforms Market: Key Facts
- In the closing of the recent trading day, Sony (SONY) stood at $19.09, denoting a +0.58% change from the preceding trading day.
- 10/14/2024
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How Sony is transforming the future of the NFL
- Sony is now the official technology partner of the NFL. Here's what it means for professional football.
- 10/13/2024
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Sony Corporation (SONY) is Attracting Investor Attention: Here is What You Should Know
- Sony (SONY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 10/10/2024
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Why is Sony Group's stock price so ‘low' today? Don't panic, SONY just split.
- The stock market may be hovering around all-time highs, but some companies are finding ways to lower their share prices to make them more accessible to a bigger pool of investors. That includes electronics giant Sony Group.
- 10/09/2024
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Wall Street's Newest Stock-Split Stock Has Arrived -- and Here's the Magnificent Stock Likely to Follow in Its Footsteps
- A brand-name consumer electronics company is stepping into the spotlight, and a member of the "Magnificent Seven" appears ready to join the club.
- 10/09/2024
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One of Wall Street's Cheapest Tech Stock-Split Stocks Is Ready to Take Center Stage This Week
- This brand-name tech stock is set to split its shares for the first time in almost a quarter of a century.
- 10/07/2024
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Micro-LED Global Research Report 2024-2034 Featuring Leading Players - Sony, SAMSUNG, EPISTAR, Innolux, Plessey, and PlayNitride
- Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The "Micro-LED Market - A Global and Regional Analysis: Focus on Application, End-use Industry, Resolution and Brightness, Panel Size, and Region - Analysis and Forecast, 2024-2034" report has been added to ResearchAndMarkets.com's offering. Micro-LED Market is evaluated at a valuation of $3.73 billion in 2024 and is projected to expand at a CAGR of 71.51% to reach $821.54 billion by 2034.
- 10/07/2024
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Why the Market Dipped But Sony (SONY) Gained Today
- In the closing of the recent trading day, Sony (SONY) stood at $96.80, denoting a +0.24% change from the preceding trading day.
- 10/01/2024
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Sony's PlayStation Network suffers hourslong outage, irking videogamers
- Sony's PlayStation Network went down for hours on Tuesday, frustrating gamers around the world who complained they weren't able to sign in to their accounts.
- 10/01/2024
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Sony Pictures CEO Tony Vinciquerra steps down
- Sony Pictures Entertainment CEO Tony Vinciquerra will step down from his role at the beginning of next year and will be succeeded by COO Ravi Ahuja effective Jan. 2, 2025, the company said in a statement on Tuesday.
- 09/30/2024
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Scalpers are selling Sony's PS5 Pro special edition for thousands more than they paid for it
- Sony's PS5 Pro was already the most expensive major gaming console. Then it got even pricer.
- 09/28/2024
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How the cost of living crisis and games industry turmoil could hurt Sony's PlayStation 5 Pro release
- In late November 2020, I was one of those people standing in line—or rather, refreshing my browser—hoping to snag a PlayStation 5 during a restock. The pandemic was in full swing, and with most of the world locked indoors, there weren't many better things to do.
- 09/28/2024
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Wall Street Bulls Look Optimistic About Sony (SONY): Should You Buy?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 09/27/2024
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Sony Corporation (SONY) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Sony (SONY). This makes it worthwhile to examine what the stock has in store.
- 09/26/2024
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Tamron Announces 90mm F2.8 Di III VXD Macro Lens for Sony E-mount and Nikon Z-mount cameras; Learn More Info at B&H
- NEW YORK--(BUSINESS WIRE)-- #Apple--B&H is pleased to share Tamron's latest macro lens for Sony E-mount and Nikon Z-mount cameras, the Tamron 90mm f/2.8 Di III VXD Macro lens, which is the first optic from the brand to incorporate a 12-bladed diaphragm for distinct starburst and round, flattering bokeh that's perfect for creating intimate portraits. With its 1:1 maximum magnification ratio and 9.1” minimum focusing distance, users benefit from excellent close-up photo performance. Weighing 1.4 lbs a.
- 09/26/2024
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Sony Expands INZONE Lineup With New Pro-Level Gaming Monitors
- With the launch of the INZONE M10S and INZONE M9 II to the INZONE gaming gear range, SONY aims to elevate the gaming experience.
- 09/25/2024
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Top 10 Stock Picks For The Holiday Boom: Adobe Forecasts Unprecedented E-Commerce Sales This Season
- Consumers remained a pillar of support for the economy despite the high interest-rate environment that has prevailed since early 2022. With the Federal Reserve implementing a substantial 50 basis-point rate cut, the benefits of which are expected to trickle down to them, consumers are forecasted to splurge on purchases this holiday season, according to early forecasts provided by Adobe on Wednesday.
- 09/25/2024
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Better Stock-Split Stock: Sony vs. MicroStrategy
- Sony and MicroStrategy have expanded beyond their roots in electronics and software, respectively, adding complexity to investing in them. Sony is focused on its entertainment business and plans a partial spin-off of its financial services arm.
- 09/25/2024
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Sony Electronics Changes the Game with the INZONE M10S and M9 II - with a New OLED Gaming Monitor Developed with Fnatic
- Sony introduces two gaming monitors to their INZONE range including a new highly anticipated OLED display for competitive gameplay SAN DIEGO , Sept. 24, 2024 /PRNewswire/ -- Sony Electronics Inc. today announced two new monitors to its INZONE gaming gear lineup with the INZONE M10S and INZONE M9 ll.
- 09/24/2024
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Sony Still Trades At A Conglomerate Discount
- Sony stock remains a buy due to its undervaluation compared to peers and its strong global brand in gaming and music. The spin-off of the financial unit next year could help unlock value for shareholders. Complexities around the tax status of the spin-off may present further opportunities for investors before such value is realized.
- 09/23/2024
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Surprise! Billionaire Money Managers Are Selling Shares of Nvidia and Piling Into 2 Off-the-Radar Stock-Split Stocks.
- More than a dozen prominent businesses have announced or completed a stock split -- often a forward split -- in 2024. Billionaire fund managers have been decisive sellers of Nvidia's stock for three straight quarters.
- 09/20/2024
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Exclusive: How Intel lost the Sony PlayStation business
- Intel lost out on a contract to design and fabricate Sony's PlayStation 6 chip in 2022, which dealt a significant blow to its effort to build its fledgling contract manufacturing business, according to three sources with knowledge of the events.
- 09/16/2024
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Is Sony Stock a Buy Ahead of Its Stock Split?
- Sony plans to perform a 5-for-1 stock split in October. The veteran electronics company is concentrating on its entertainment businesses, which generated the majority of revenue in its last fiscal year.
- 09/13/2024
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Sony Group Corporation (SONY) Q2 2023 Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q2 2023 Earnings Conference Call November 8, 2023 2:00 AM ET Company Participants Sadahiko Hayakawa - General Manager, Finance Department Hiroki Totoki - President, COO, CFO, Representative Corporate Executive Officer & Director Conference Call Participants Kentaro Tsutsumi - Nikkei Newspaper Masahiro Ono - Morgan Stanley Kota Ezawa - Citigroup Junya Ayada - JPMorgan Chase & Co. Ryosuke Katsura - SMBC Nikko Securities Unidentified Company Representative The time has come. FY 2023 Q2 financial results announcement for Sony Group Corporation.
- 09/12/2024
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Sony Corporation (SONY) is Attracting Investor Attention: Here is What You Should Know
- Sony (SONY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 09/12/2024
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Sony Prices New PlayStation Well Above Xbox
- Sony priced a faster version of the PlayStation 5 well above its rival Xbox at $700, suggesting the entertainment giant sees a loyal audience willing to pay a premium for top performance. Bloomberg's Jason Schreier joins Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Technology.
- 09/11/2024
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Sony Introduces New PlayStation 5 Pro Console for $700, Stock Up
- SONY has highlighted that PS5 Pro hardware will enable a 45% faster rendering for gameplay when compared with the PS5.
- 09/11/2024
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Sony unveils PlayStation 5 Pro with £700 price tag
- Sony Group Corp (NYSE:SONY) has unveiled a long-awaited, more powerful version of the PlayStation 5 (PS5) and a hiked price to go with it. The company's PlayStation 5 Pro will cost £699 and US$699 in the UK and US respectively, Sony said in a statement, at over £300 more than the original.
- 09/11/2024
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High price of Sony's new PlayStation 5 Pro could make it a 'difficult sell,' says Jefferies
- Atul Goyal, managing director at Jefferies, discusses the high price of Sony's new PlayStation 5 Pro.
- 09/11/2024
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Sony announces pricier, upgraded PlayStation 5 Pro
- Sony announced the PlayStation 5 Pro, an upgraded version of its flagship console offering better graphics, will go on sale on Nov. 7 priced at $699.99.
- 09/10/2024
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Sony unveils upgraded PlayStation 5 Pro to boost sales
- Sony on Tuesday unveiled an upgraded version of its PlayStation 5 console, called the PlayStation 5 Pro. It will launch Nov. 7 for $700 in the U.S.
- 09/10/2024
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Sony's Stock Split Comes With a Catch
- Sony plans to execute a 5-for-1 stock split in October. The electronics giant intends to spin off one of its divisions, exchanging some Sony shares for stock in the new company.
- 09/07/2024
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SONY's Subsidiary Unveils New MDR-M1 Closed Monitor Headphones
- SONY's subsidiary, Sony Electronics, launches MDR-M1 reference closed monitor headphones, crafted to deliver sound that reproduces the creator's original intent.
- 09/06/2024
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Sony Group Corporation (SONY) Bank of America's 2024 Media, Communications and Entertainment Conference (Transcript)
- Sony Group Corporation (NYSE:SONY ) Bank of America's 2024 Media, Communications and Entertainment Conference September 5, 2024 11:20 AM ET Company Participants Tony Vinciquerra - Chairman and CEO Unidentified Company Representative Again, we have Tony Vinciquerra, Chairman and CEO, and of Sony Pictures Entertainment. And Tony, you're like -- I don't know, like the industry guru at this point.
- 09/05/2024
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Sony Electronics Launches Closed Monitor Headphones with High Sound Isolation for Studio Sound Quality Anywhere
- In collaboration with professional music producers, the MDR-M1 is designed to achieve sound that accurately reproduces the creative intent SAN DIEGO , Sept. 5, 2024 /PRNewswire/ -- Sony Electronics Inc. today announced the MDR-M1 Reference Closed Monitor Headphones, designed for music creators and sound engineers to produce music in any environment, heard as intended.
- 09/05/2024
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Concorde fallacy returns with Sony's unmitigated Playstation 5 disaster
- Sony has one of the biggest gaming flops in recent memory on its hands with multiplayer shooter Concord, which is being removed from digital stores less than two weeks after the Playstation and PC exclusive's 23 August launch. Sony purportedly spent eight years developing the title in collaboration with Firewalk Studios only for it to release to average reviews and embarrassingly low sales.
- 09/04/2024
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Netflix, Amazon, Apple Get a New Rival. Why Sony's Taking Them on With More Content.
- Sony has already poured about $10 billion into bolstering its content lineup across its film, videogame, and music units.
- 09/04/2024
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Don't Count Out Ethereum: Sony's Big Bet Signals a Bullish Future for the Cryptocurrency
- To say Etherem has struggled lately might be an understatement. Sony's new Layer-2 blockchain, Soneium, highlights a growing trend of corporate adoption.
- 09/04/2024
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2 Magnificent Stock-Split Stocks to Buy Hand Over Fist in September, and 2 That Are Priced for Perfection and Worth Avoiding
- A grand total of 13 prominent businesses have announced stock splits since the start of 2024. Two brand-name companies, with well-defined competitive advantages, are priced to be bought by opportunistic long-term investors.
- 09/02/2024
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Sony Corporation (SONY) Is a Trending Stock: Facts to Know Before Betting on It
- Recently, Zacks.com users have been paying close attention to Sony (SONY). This makes it worthwhile to examine what the stock has in store.
- 08/29/2024
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Sony (SONY) Now Trades Above Golden Cross: Time to Buy?
- Sony Corporation (SONY) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, SONY's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
- 08/28/2024
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SONY Raises PlayStation 5 Price in Japan by 19%, Stock Up 3.5%
- Sony hikes the price of its PlayStation 5 console in Japan by 19%, raising the cost to nearly 79,980 yen.
- 08/28/2024
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Sony: Live Service Is Not The Way To Go
- Sony's Q1 '24 earnings were decent, but concerns about the gaming segment's live service strategy led me to downgrade to a hold rating. Despite a 25% stock increase since May, I'm cautious about adding to my position due to uncertainties in the gaming segment. The gaming segment saw mixed results: strong software sales but disappointing live service game performance, particularly with the flop of Concord.
- 08/28/2024
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Why Sony's Stock Jumped Today
- A merger with Zee ended earlier this year is now behind Sony. Investors are cheering the news today, but Sony's growth and profitability should still be questioned.
- 08/27/2024
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Sony Surprisingly Hikes PlayStation 5 Prices in Japan
- Sony Group (SONY) said it is increasing the price of its PlayStation 5 in Japan by 19% to around 80,000 yen ($550), in an unexpected move by the tech and entertainment giant.
- 08/27/2024
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Sony confirms PS5 price hike
- Sony Group Corp (NYSE:SONY) has announced another price increase for the PS5 in Japan, effective September 2. The standard PS5 model with a disc drive will cost approximately $550, while the digital version will be priced at around $500, both seeing a $90 increase.
- 08/27/2024
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Sony hikes price of ageing PlayStation 5 console in Japan by 19%
- Sony said its suggested retail price for the PlayStation 5 is 79,980 yen ($553), up 19% from the previous price. The hike will take effect from Sept.
- 08/27/2024
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Sony to raise PlayStation 5 price by 20% in Japan
- Sony is raising the price of its PlayStation 5 (PS5) games console in Japan by about 20%, it said on Tuesday, citing a difficult external environment including global economic fluctations.
- 08/27/2024
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SONY Boosts Spatial Sound Experience in Gaming With New Software
- SONY unveils "Gaming Virtualizer by 360 Reality Audio" software to unleash immersive gaming experience by creating spatial game sound.
- 08/23/2024
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Why Sony (SONY) is a Top Momentum Stock for the Long-Term
- Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
- 08/22/2024
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Sony Playstation cops dose of monkey magic as Wukong sends China sales soaring
- The Sony Playstation 5 may be approaching the second half of its generational cycle, but the recent release of hit title Black Myth: Wukong appears to have revitalised sales in the typically muted Chinese market. Developed by Hangzhou-based studio Game Science and based on legendary Chinese novel Journey to the West, Black Myth: Wukong finally launched on the PS5 and PC this week following years of fervent hype.
- 08/21/2024
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3 Stocks That Can Help You Get Richer in 2024 and Beyond
- Sony has a turnaround plan and has been buying back stock. Shopify has been growing by double-digits and may get a boost from AI.
- 08/18/2024
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What Is the Dividend Payout for Stock-Split Stock Sony?
- Its yield is less than 1% at present. Management has pledged to be more generous in the coming years.
- 08/11/2024
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The 3 Best Holographic Display Stocks to Buy Now
- Holograms are no longer limited to the screens of Star Trek; they are here and now, with uses ranging from movies and computer games to medicine and automotive. As innovations have made holographic displays more realistic, engaging and interactive, they are expected to find new applications in numerous industries.
- 08/10/2024
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Sony: An Opportunity To Capitalize On The Japanese Craze
- Sony Group Corporation stock is down over 30% in 2022, with a recent 12% drop in American stock, despite good financial results and forecasts. Sony plans to spin off its financial business in October 2025, potentially unlocking shareholder value. Sony's diversified business model includes segments like gaming, music, pictures, consumer electronics, imaging, and financial services, with positive earnings results and growth forecasts.
- 08/08/2024
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Sony says it won't submit another bid for Paramount: ‘Does not fit well with our strategy'
- Sony COO Hiroki Totoki said his firm will not make another proposal for the entertainment conglomerate owned by Shari Redstone's holding company.
- 08/07/2024
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SONY's Q1 Earnings & Revenues Rise Y/Y on Solid Demand Trends
- SONY's fiscal first-quarter performance benefits from steady momentum across G&NS, Music, Pictures, ET&S and I&SS segments amid softness in the financial services business.
- 08/07/2024
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Sony Group Corporation (SONY) Q1 2024 Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q1 2024 Earnings Conference Call August 7, 2024 3:00 AM ET Company Participants Hiroki Totoki - President, COO and CFO Naomi Matsuoka - Senior Vice President, In charge of Corporate Planning and Control, Lead of Group DEI, Support for Finance Business and Entertainment Area Sadahiko Hayakawa - Senior Vice President, In charge of Finance and IR Kazuhiro Yamada - Senior Managing Director & CFO, Sony Financial Group Inc. Conference Call Participants Mikio Hirakawa - BofA Securities Ryosuke Katsura - SMBC Nikko Securities Yasuo Nakane - Mizuho Securities Junya Ayada - JPMorgan Securities Unidentified Company Representative It's time. We'd now like to start the Sony Group Corporation Consolidated Earnings Announcement Meeting.
- 08/07/2024
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Sony rules out renewing offer for Paramount, says it wouldn't fit strategy
- Hiroki Totoki, Sony's chief financial officer, said the Japanese tech giant has no plans to submit a revised offer for Paramount. Totoki's comments mark a confirmation that Sony no longer plans to pursue Paramount, after independent film studio Skydance Media struck a deal to acquire the media giant.
- 08/07/2024
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Sony numbers buoyed by mobile phone camera surge
- Sony Group Corp (NYSE:SONY) saw a 10% rise in operating profit in its latest three months even though its PS5 game console sales fell. Good sales of image sensors (for cameras in mobile phones) offset the dip in video game revenues though console profits rose and the entertainment giant was confident enough to raise its full-year profit forecast by 3%.
- 08/07/2024
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Sony hikes annual net profit forecast after solid Q1
- Sony raised its full-year net profit forecast on Wednesday after a solid performance in the first quarter, predicting strong sales in its video game, music and image sensor sectors.
- 08/07/2024
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Sony Pictures Entertainment Profit Slides Down To $73M In First Quarter
- Sony Pictures Entertainment posted first quarter operating incoming of $73M, down over 36% year-on-year on a U.S. dollar basis. Revenues also slipped 7% from $2.32B to $2.
- 08/07/2024
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Sony posts 10% profit rise in Q1 on image sensor strength
- Sony on Wednesday booked a 10% rise in operating profit in the April-June quarter, beating analyst estimates, boosted by the strength of its industry-leading image sensor business.
- 08/07/2024
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Sony beats first-quarter earnings estimates as profit jumps 10%
- Sony reported a 10% jump in operating profit in the fiscal first quarter, beating analyst expectations.
- 08/07/2024
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3 Audio Video Stocks to Keep an Eye on Amid Industry Headwinds
- Investments in innovative solutions that enhance experience are likely to aid Zacks Audio Video Production industry participants like Sony (SONY), Panasonic (PCRHY) and Sonos (SONO) amid cautious discretionary spending.
- 08/06/2024
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Sony (SONY) Advances While Market Declines: Some Information for Investors
- Sony (SONY) concluded the recent trading session at $82.38, signifying a +0.94% move from its prior day's close.
- 08/05/2024
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Why Stock-Split Stock Sony Topped the Market Today
- The Asian conglomerate updated investors on its share repurchase program. This was launched in mid-May.
- 08/05/2024
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Nikkei Selloff: How Honda, Sony Shares are Responding
- Japan's Nikkei is fresh off its worst day since the “Black Monday” crash in 1987 amid a global market selloff.
- 08/05/2024
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What Are the Hottest Virtual Reality Stocks Right Now? 3 Top Picks.
- Thanks to the increased curiosity in ideas like the metaverse, virtual reality (VR) stocks are among the most sought-after investment choices available these days. Reflecting a yearly increase of around 42%, the VR market size is expected to reach about $22.81 billion in 2024 and soar to $131.93 billion by 2029.
- 08/03/2024
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Sony Layoffs 2024: What to Know About the Latest Job Cuts at Bungie
- Sony (NYSE: SONY ) layoffs are in the news Friday as the PlayStation parent company is cutting jobs at video game development studio Bungie. Bungie is the original developer of the Halo series and is currently working on Destiny 2 and its expansions.
- 08/02/2024
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Wall Street Analysts Think Sony (SONY) Is a Good Investment: Is It?
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 07/30/2024
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This Is the Stock-Split Stock I'm Watching Most Closely Right Now (Hint: Not Nvidia or Chipotle)
- Stocks have been surging for nearly 18 months, causing some companies to pursue stock splits amidst soaring valuation. Sony announced a 5-for-1 split set to occur in October.
- 07/28/2024
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Why Sony (SONY) Outpaced the Stock Market Today
- Sony (SONY) concluded the recent trading session at $87.32, signifying a +1.5% move from its prior day's close.
- 07/26/2024
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Private equity giant Apollo invests $700 mln in Sony Music
- Private equity behemoth Apollo Global Management has invested $700 million in high-profile record label Sony Music Group, allowing its clients an opportunity to invest in "high grade" alternative assets.
- 07/26/2024
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Apollo Leads $700M Capital Solution for Sony Music Group
- NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that, on behalf of its affiliated and third-party insurance clients and other investors, it has provided a $700 million capital solution to Sony Music Group, an affiliate of Sony Group Corporation (“Sony”), for investments in the music industry.
- 07/26/2024
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These Are Wall Street's 3 Cheapest Stock-Split Stocks -- and Nvidia Isn't 1 of Them!
- Stock-split euphoria has taken hold of Wall Street. A dozen prominent companies have announced or completed stock splits since this year began.
- 07/26/2024
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Investors Heavily Search Sony Corporation (SONY): Here is What You Need to Know
- Zacks.com users have recently been watching Sony (SONY) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 07/25/2024
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Promising Powerhouses: 3 Great Gaming Stocks to Invest In Now
- The gaming industry has seen remarkable growth recently, driven by a rising global audience and new monetization avenues. Yet, many gaming stocks have lagged behind the broader market.
- 07/24/2024
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2 Stock-Split Stocks That Can Crush Nvidia in the Return Column Over the Next 3 Years
- Next to artificial intelligence (AI), stock-split euphoria is Wall Street's hottest trend. Although AI juggernaut Nvidia has enjoyed a textbook operating ramp, headwinds are beginning to mount for Wall Street's most popular stock-split stock.
- 07/22/2024
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Sony's PlayStation VR headset launches today
- Jim Ryan, president and CEO of Sony Computer Entertainment Europe, talks about the company's virtual reality headset.
- 07/18/2024
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What you need to know about Sony's Playstation 4 Pro
- CNBC's Landon Dowdy reports the latest of what Sony has to offer, including features of their new Playstation 4 Pro.
- 07/18/2024
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‘Despicable Me 4' still rules at box office, while ‘Longlegs' gets impressive start
- Gru and the minions celebrated a second week in first place at the North American box office this weekend, while a small horror movie called “Longlegs” upset the starry $100 million “Fly Me to the Moon.”
- 07/14/2024
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Sony (SONY) Increases Yet Falls Behind Market: What Investors Need to Know
- The latest trading day saw Sony (SONY) settling at $96.07, representing a +0.46% change from its previous close.
- 07/12/2024
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Sony Corporation (SONY) is Attracting Investor Attention: Here is What You Should Know
- Sony (SONY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 07/11/2024
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Top 5 Consumer Stocks That Are Ticking Portfolio Bombs
- As of July 11, 2024, five stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
- 07/11/2024
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Three Next-Gen Gaming Stocks With Cheat Code Potential
- The gaming sector is will see a meteoric rise in valuation in the upcoming years. Even after a surge in gaming spending during the pandemic (and a consequent correction in 2022), the amount American consumers allocate to this continues to rise, reaching around $48 billion in fiscal year 2023.
- 07/09/2024
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The 3 Best Virtual Reality Stocks to Buy in July 2024
- The rising virtual reality (VR) market seems to have hit the pause button over the past year, and that's despite last year's compelling reveal of Apple (NASDAQ: AAPL ) Vision Pro, a mixed-reality headset that may be the device that convinces us all to embrace VR, augmented reality (AR) and mixed reality (MR). The Vision Pro reveal may have been hot, but the post-launch demand was rather lukewarm.
- 07/07/2024
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Sony Builds Moat With Music, Games As Morningstar Raises Fair Value
- It took many years, but Sony Group's long-running diversification strategy into content finally seems to be paying off amid shifting technology and consumer habits, enough that Morningstar analyst Kazunori Ito on Friday upgraded the company's moat and raised his fair-value estimate of the company by 9 to 12.5 percent, depending on the currency.
- 07/05/2024
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3 Japanese Stocks You Can Still Buy on Sale
- The Japanese stock market has been surging this year, with the Nikkei 225 index up more than 22%. These are gains comparable to the tech-heavy Nasdaq 100.
- 07/05/2024
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The 3 Best Esports Stocks to Buy in July 2024
- The best Esports stocks are booming as the sector pounced on robust momentum. The sector is hitting its stride again after slumping post-pandemic.
- 07/04/2024
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1 Stock-Split Stock to Buy Hand Over Fist in July, and 1 to Avoid
- Chipotle just executed a 50-for-1 stock split. Sony plans to carry out a 5-for-1 stock split in October.
- 07/02/2024
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Sony to launch Japanese crypto exchange S.BLOX following Amber acquisition
- Sony acquires and rebrands WhaleFin as S.BLOX Co., entering the cryptocurrency market with new services and collaborations.
- 07/01/2024
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Sony (SONY) Surpasses Market Returns: Some Facts Worth Knowing
- The latest trading day saw Sony (SONY) settling at $84.28, representing a +1.71% change from its previous close.
- 06/27/2024
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Sony Corporation (SONY) Is a Trending Stock: Facts to Know Before Betting on It
- Sony (SONY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 06/27/2024
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Music labels sue AI song-generators Suno and Udio for copyright infringement
- BOSTON — Big record companies are suing artificial intelligence song-generators Suno and Udio for copyright infringement, alleging that the AI music startups are exploiting the recorded works of artists from Chuck Berry to Mariah Carey.
- 06/24/2024
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‘Inside Out 2' continues to set records with $100 million in its second weekend
- The Pixar sequel collected $100 million in ticket sales in its second weekend, according to studio estimates Sunday, setting a new record for an animated movie in its follow-up frame in theaters. The previous best second weekend for an animated title was the $92 million for “The Super Mario Bros.
- 06/23/2024
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Stock-Split Alert: 3 Things Smart Investors Should Know About Sony Before Its 5-for-1 Stock Split
- Sony's shares are underperforming the market even as the company sees record revenue. Profits declined in fiscal 2023, primarily due to a lagging financial services operation.
- 06/23/2024
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Sony (SONY) Registers a Bigger Fall Than the Market: Important Facts to Note
- Sony (SONY) reachead $80.53 at the closing of the latest trading day, reflecting a -0.37% change compared to its last close.
- 06/21/2024
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7 Stocks to Buy Before Their Upcoming Stock Splits
- If you're looking for stocks to buy before their stock splits, there are many things you need to keep in mind. Firstly, you should keep the fundamentals and valuations in mind before you dive in before a stock split.
- 06/21/2024
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2 Stock-Split Stocks You Can Confidently Buy Right Now, and 1 to Avoid
- Stock-split stocks have become a security blanket for investors over the last three years. Two phenomenal stock-split stocks with sustained growth catalysts and attractive valuations are ripe for the picking by opportunistic investors.
- 06/19/2024
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‘Inside Out 2' scores massive $155 million opening, second-biggest ever for an animated film
- Hollywood's summer movie anxieties gave way to joy this weekend with the massive debut of Disney and Pixar's “Inside Out 2.” The animated sequel earned $155 million in ticket sales from 4,440 theaters in the U.S. and Canada, according to studio estimates Sunday.
- 06/16/2024
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Investors Heavily Search Sony Corporation (SONY): Here is What You Need to Know
- Sony (SONY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 06/13/2024
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SONY's Subsidiary SPE Buys Alamo Drafthouse Cinema Chain
- SONY's subsidiary SPE notes that Alamo will be managed under a recently created division, Sony Pictures Experiences.
- 06/13/2024
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Alamo Drafthouse Cinema, Fantastic Fest acquired by Sony Pictures
- The studio behind recent films like “Bad Boys: Ride or Die” and “The Garfield Movie” has acquired the distinctive theater chain, the companies said Wednesday.
- 06/12/2024
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Sony Buys Alamo Drafthouse In Surprise Move—Here's How The Theater Chain Went From Bankruptcy To Sale
- Sony Pictures announced Wednesday it purchased dine-in movie theater chain Alamo Drafthouse for an undisclosed amount, more than three years after Alamo filed for bankruptcy during the thick of the COVID-19 pandemic, which crushed theatrical revenue and delayed scores of major movies.
- 06/12/2024
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7 High-Flying Stocks Have Split in 2024 -- But This Is the Only Stock-Split Stock Worth Buying Right Now
- Investors have sought out the safety of time-tested, outperforming businesses that have enacted stock splits over the last three years. Seven high-profile companies have announced forward-stock splits in 2024.
- 06/12/2024
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3 Stock-Split Stocks That Can Soar Up to 30%, According to Select Wall Street Analysts
- Investors have gravitated to companies enacting stock splits during periods of uncertainty on Wall Street. More than a half-dozen high-profile businesses have announced or completed forward-stock splits since 2024 began.
- 06/10/2024
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‘Garfield' outpaces ‘Furiosa' as summer continues its slow start at box office
- It was a quiet weekend at North American movie theaters, dominated once again by “The Garfield Movie,” “Furiosa: A Mad Max Saga” and a slew of holdovers. Flipping the script from their Memorial Day weekend openings, the animated orange cat crept ahead of the wasteland warrior in their second outing.
- 06/02/2024
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Here is What to Know Beyond Why Sony Corporation (SONY) is a Trending Stock
- Sony (SONY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 05/31/2024
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Should You Buy Sony Before Its Stock Split?
- Sony recently announced a 5-for-1 stock split scheduled for October. This move and another strategic change Sony is pursuing could boost interest in the stock.
- 05/30/2024
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Sony sees streaming service Crunchyroll driving growth as anime goes global
- Sony sees its anime streaming service Crunchyroll as a growth driver, the head of its movies business said on Thursday, as the group looks to ride the growth of anime outside Japan.
- 05/30/2024
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Sony Pictures Boss Tony Vinciquerra Skirts Paramount Merger Talk, But Says Investment Focus Is “More IP, More Product, More Library To Sell,” Not Streaming
- For more than week, it's been crickets when it comes to the push and pull between Skydance and Sony Pictures Entertainment/Apollo over Paramount Global. However, making some noise during a Sony Pictures Entertainment investor event tonight was CEO Tony Vinciquerra.
- 05/29/2024
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Sony stresses PlayStation user engagement as hardware sales taper off
- Japan's Sony on Thursday emphasised the strength of user engagement with its gaming platform as sales of the PlayStation 5 console taper off and companies in the sector look for recurring revenue.
- 05/29/2024
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Intelsat Extends Partnership with Sony Pictures Networks India to Deliver Content Across Asia-Pacific
- SINGAPORE--(BUSINESS WIRE)--Intelsat, operator of one of the world's largest integrated satellite and terrestrial networks, has renewed its partnership with Sony Pictures Networks India in delivering premium entertainment content to millions of viewers across Asia-Pacific including Southeast Asia where there is a large Indian diaspora. The renewal of the partnership underscores Intelsat's position as Sony Pictures Networks India's preferred satellite solutions provider, facilitating the transmi.
- 05/29/2024
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Sony reportedly in talks to buy Queen's music catalog for staggering $1 billion
- Sony is reportedly teaming up with another unnamed investor on the staggering offer, which would also cover merchandising and other business opportunities.
- 05/29/2024
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Sony: The 'Content Only' Business Model Fits Best For Paramount Holders With A Stake In Its Future
- Sony Pictures has the potential to expand its IP by blending its TV and film base with the scale of the PARA deal. Sony's "arms dealer" business model will gain depth and reach with the addition of PARA's film and TV IP. Sony's IP treasure chest is competitive and could benefit from the scale and resources of the PARA deal.
- 05/27/2024
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2 stock-split stocks to buy right now
- During periods of stock market growth, some stocks become too expensive for individual investors as their prices reach high valuation levels.
- 05/27/2024
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2 Stock-Split Stocks Billionaires Are Buying Hand Over Fist, and 1 They've Sent to the Chopping Block
- Professional and everyday investors have been piling into stocks enacting splits over the last three years. Two high-profile stock-split stocks were high on the shopping list for prominent billionaire investors during the first quarter.
- 05/27/2024
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‘Furiosa,' ‘Garfield' fight for No. 1 in slowest Memorial Day box office in decades
- Movie theaters are looking more and more like a wasteland this summer. Neither “Furiosa: A Mad Max Saga” nor “The Garfield Movie” could save Memorial Day weekend, which is cruising towards a two-decade low.
- 05/26/2024
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Sony's Entertainment Unit Syncs Up for Success, Paramount or Not
- Sony is aiming to make better use of intellectual property across gaming, films and more.
- 05/24/2024
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Sony says focus is on creativity, with games, movies, music, sensors, IP, and not gadgets
- Japanese electronics and entertainment company Sony says it's focusing on creativity in movies, animation and video games, rather than old-fashioned gadgetry.
- 05/23/2024
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M&A News: Paramount (NASDAQ:PARA) Slips as NDAs Get Involved
- It’s another new step closer to a deal for media company Paramount (NASDAQ:PARA), as it, along with Sony (NYSE:SONY) and Apollo Global Management (NYSE:APO), have all signed non-disclosure agreements. The
- 05/20/2024
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Sony Had A Good Q4 Game But It Needs To Figure Out How To Evolve Beyond PlayStation
- On Tuesday, Sony Group Corporation Fiscal Fourth Quarter And Fiscal Year Highlights For the three months that ended in March, Sony reported revenue grew 13% YoY to 3.481 trillion yen, while net profit rose 34% YoY to 189.005 billion yen which is about $1.21 billion. The gaming business reported that operating profit more than doubled to 105.98 billion yen, while the movie business followed with a nearly doubled operating profit of 30.67 billion yen. For the fiscal year, Sony sold 20.8 million units of PlayStation 5, which is more than 19.1 million units it sold during the previous fiscal year. Like Microsoft Corporation Moreover, the videogame retailer’s stock plummeted on Friday as meme-stock mania faded. GameStop reported preliminary first quarter results and they showed a first quarter drop in sales. GameStop expects first quarter sales to range between $872 million to $892 million while it reported $1.24 billion during last year’s comparable quarter. But, GameStop is also expecting to narrow down its net loss from last year’s $50.5 million to somewhere between $27 million and $37 million. Fiscal Year Outlook The Japanese entertainment and electronics company plans to spin off its financial business, which is why it guided for a revenue drop of 5.5% to 12.310 trillion yen and a net profit decline of 4.7% to 925 billion yen. However, Sony guided for its game business operating profit to continue to rise at 6.8% to 310 billion yen. Sony also expects its movie business profits to rise 2% to 120 billion yen. Sony and Microsoft rivalry will live on, but there’s bigger fish to fry. Both for Sony and its rival Microsoft, findings ways to grow revenue is more important than winning the console war. Microsoft undoubtedly upleveled its game by acquiring Activision Blizzard but console wars are becoming less and less relevant as both Microsoft and Sony need to figure out how to evolve in the new gaming era that is in the making.
- 05/20/2024
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Paramount Takeover Talks: Sony-Apollo Deal Closure Could Lead To Large Gains
- Paramount shares at $12-$13 trade far below the lowest price in the Sony-Apollo bid at $22. The major voting shareholder of Paramount is forced to raise cash to pay debts, which may lead to Paramount being sold. Sony has been interested in buying Paramount for a long time now.
- 05/20/2024
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Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports
- Sony Pictures Entertainment and Apollo Global Management have signed nondisclosure agreements that will allow them to look at Paramount's books ahead of a potential bid for the movie studio's assets, the New York Times reported on Friday, citing people familiar with the matter.
- 05/17/2024
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Sony & Paramount Sign Non-Disclosure Agreement Allowing Deal Talks To Start, But It's Not Looking Like A $26 Billion Bid For Whole Company Anymore
- Sony has signed an NDA with Paramount Global, a move that will give it access to the books and allow deal talks to move ahead, Deadline hears. Sony, parent of U.S.
- 05/17/2024
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Move Over, Walmart and Chipotle: Wall Street Has a New Stock-Split Stock
- Nearly a dozen high-profile companies have enacted a forward-stock split since the midpoint of 2021. Walmart and Chipotle Mexican Grill have earned the spotlight since announcing or completing respective 3-for-1 and 50-for-1 forward splits in 2024.
- 05/16/2024
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Sony getting cold feet over Paramount deal, report claims
- Paramount Global (NASDAQ:PARA) was heading for a rocky start to trading today CNBC reported overnight that Sony Pictures is reconsidering its bid for the business. Stories last week were that Sony and private equity group Apollo planned to sell Paramount's streaming services and TV channels if their US$26 billion joint bid goes ahead.
- 05/15/2024
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Media Meltdown Miracles: 3 Beaten-Down Stocks Ready to Rebound
- It's hard to be a value investor in the media scene these days, with many of the top content creators now facing significant headwinds as they look to keep investing in their streaming futures. Undoubtedly, not every media company can become a Netflix (NASDAQ: NFLX ).
- 05/15/2024
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Sony shares leap 12% on buyback and dividend plans, higher profit outlook
- Shares in Sony Group jumped 12% in early Tokyo trading on Wednesday after the company pledged to boost shareholder returns and forecast higher annual profit with a boost from its image sensors business.
- 05/14/2024
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Sony shares jump after profit beats estimates, concerns about Paramount bid ease
- Sony Group shares rose sharply after quarterly net profit beat analysts' expectations and concerns eased about its bid for media and entertainment company Paramount Global.
- 05/14/2024
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Paramount shares fall on report that Sony is reconsidering its bid
- Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer's merger drama.
- 05/14/2024
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S&P 500 Gains and Losses Today: Paramount Global Sinks as Sony Reconsiders Bid
- Major U.S. equities indexes hovered close to their flatlines for most of the session before rallying in the afternoon to end Tuesday higher.
- 05/14/2024
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Paramount Shares Dip On Report Sony “Rethinking” $26 Billion Bid
- Shares of Paramount Global dipped suddenly in afternoon trading on a CNBC report that Sony and Apollo may be “rethinking” their joint bid for the company.
- 05/14/2024
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Sony rethinking its bid for Paramount, sources tell CNBC
- CNBC's David Faber joins 'Power Lunch' to discuss reports that Sony is rethinking it's bid for Paramount.
- 05/14/2024
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Sony rethinking its bid for Paramount, CNBC reports
- Sony Pictures is rethinking its bid for Paramount Global , CNBC reported on Tuesday, citing sources, sending the shares of the U.S. media company down more than 7%.
- 05/14/2024
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SONY's Q4 Earnings and Revenues Up Y/Y, 2024 Outlook Issued
- SONY's fiscal fourth-quarter performance benefits from solid momentum across G&NS, Music, Pictures and I&SS segments.
- 05/14/2024
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Sony Posts Earnings Beat, Announces Stock Split, Buyback Plans
- Japanese tech and entertainment giant Sony Group (SONY) reported earnings for the final quarter of fiscal 2023 Tuesday, and also announced details of a new stock buyback program as well as plans to split the company's stock later this year.
- 05/14/2024
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Sony Group Corporation (SONY) Q4 2024 Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q4 2024 Earnings Conference Call May 14, 2024 3:00 AM ET Company Participants Hiroki Totoki - President, COO & CFO Sadahiko Hayakawa - General Manager, Finance Department Conference Call Participants Junya Ayada - JPMorgan Chase & Co. Mikio Hirakawa - Bank of America Merrill Lynch Yasuo Nakane - Mizuho Securities Co. Kota Ezawa - Citigroup Ryosuke Katsura - SMBC Nikko Securities Unidentified Company Representative The time has come to begin FY 2023 Financial Results announcement of Sony Group Corporation. I am from Corporate Communications.
- 05/14/2024
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Sony names two executives to lead PlayStation
- Sony on Monday said two veteran executives will take over as CEOs of its powerhouse gaming unit, taking the reins from Jim Ryan who retired in March.
- 05/14/2024
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Sony net profit dips on-year but beats estimate
- Sony said Tuesday that annual net profit dipped 3.5 percent on-year but beat its forecast as takings in games and music offset losses in the financial and chip sectors.
- 05/14/2024
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Sony reports 7% drop in annual profits despite 14% revenue increase to 3.5 trillion yen
- Today, on 14 May 2024, Sony reported its earnings for the fiscal year 2023. Sony's revenue and profits The company reported a 7% drop in its annual profits in FY23 due to a decline in its financial services.
- 05/14/2024
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Sony Pictures Entertainment Full-Year Profits Fall Nearly 10% To $808M
- Sony Pictures Entertainment has seen operating income fall nearly 10% for the fiscal year ended March 31, 2024. The company's operating income was $808M in dollar terms compared with $894M for the comparable period a year before, whch was down 9.6%. Revenues crept up to $10.31B from $10.14B for FY.
- 05/14/2024
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Sony reports 7% drop in annual profit as PlayStation business weakens
- Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.
- 05/14/2024
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Sony restructures leadership of key games business
- Sony announced two company executives would take new leadership roles at its games unit with responsibility for the technology and content sides of the business.
- 05/13/2024
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Sony names two leaders to succeed Jim Ryan at PlayStation
- Sony announced two leaders to replace Jim Ryan, who retired from the top position at PlayStation earlier this year.
- 05/13/2024
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What You Need to Know Ahead of Sony's Earnings Report Tuesday
- Multinational electronics and media company Sony Group (SONY) is set to report earnings early Tuesday morning Eastern Time for the fourth quarter of fiscal 2023, along with results for the full year.
- 05/13/2024
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3 Media Stocks to Buy While AMC Continues Falling
- It's no secret AMC (NYSE: AMC ) stock is not doing well right now. It's down 47% year-to-date (YTD) and 93% in the last 12 months.
- 05/12/2024
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Why Earnings Season Could Be Great for Sony (SONY)
- Sony (SONY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/10/2024
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Here's How SONY is Placed Just Ahead of Q4 Earnings Release
- SONY's Q4 revenues are likely to have been affected by lower hardware sales. Strength in the Music and Pictures segments is likely to have provided some cushioning to the top-line performance.
- 05/09/2024
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Sony and Apollo plan to split up Paramount Global if takeover goes ahead
- Sony (NYSE:SONY) and Apollo Management reportedly plan to sell off Paramount Global (NASDAQ:PARA) traditional 'linear' television channels and its streaming service Paramount Plus if they complete their $26 billion takeover. The three companies are in talks about the bid and potential next steps, the New York Times reported, though no formal due diligence or nondisclosure agreements have yet been agreed.
- 05/09/2024
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Sony Group, others eyeing buyout of Infocom, Bloomberg News reports
- Sony Group and other parties are considering buying online comic store operator Infocom Corp in a deal worth up to 200 billion yen ($1.28 billion), Bloomberg News reported on Thursday.
- 05/09/2024
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Sony Apollo Paramount Merger Wouldn't Reduce Theatrical Output, Though TV & Streaming Assets Would Be Shed
- Should Sony and Apollo get their hooks into Paramount Global their strategy would be to keep theatrical release output steady between both studios –not reduced– while cutting the more burdonsome parts of the conglom, read auctioning off CBS, the linear channels like MTV and Paramount Plus streaming service.
- 05/08/2024
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Sony, Apollo reportedly plan to break up Paramount if their buyout bid succeeds
- Paramount Global's vast entertainment empire would be broken up if a buyout bid from Sony Pictures Entertainment and Apollo Global Management succeeds, according to a new report.
- 05/08/2024
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Paramount in talks to open its books to Sony, Apollo, sources say
- Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the U.S. media company, people familiar with the matter said on Wednesday.
- 05/08/2024
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Sony and Apollo plan to break up Paramount, NYT reports
- Sony Pictures Entertainment and private equity firm Apollo Global Management plan to acquire Paramount Global for $26 billion and break up the company, the New York Times reported on Wednesday, citing people familiar with the deal discussions.
- 05/08/2024
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Quick Takes On Streaming Stocks
- The streaming market is saturated and needs consolidation for a recovery to occur. Comcast and Disney have great assets, but will take time to realize value. Paramount and Warner need to be consolidated into competitors for the industry to recover sooner than later. The opportunity is on potential M&A.
- 05/08/2024
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Paramount (PARA) Opens Negotiations with Sony & Apollo
- Paramount (PARA) opens negotiations with Sony and Apollo. Paramount was offered $26B for the company last week, and Apollo may push to control CBS.
- 05/06/2024
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Paramount Global stock jumps on reports of $26B Sony-Apollo takeover offer
- Paramount Global (NASDAQ:PARA) shares moved higher following reports a Sony and private equity firm Apollo Global have made a $26 billion cash offer to acquire the entertainment company. This comes as Paramount's exclusive merger talks with producer David Ellison's Skydance Media to takeover the company expired on Friday.
- 05/06/2024
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Paramount reportedly approves buyout talks with Sony, Apollo
- Paramount Global has agreed to formally begin negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times reported Sunday, after a 30-day exclusive negotiating window with Skydance expired Friday.
- 05/05/2024
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‘The Fall Guy' lands a bit short in lackluster start to summer movie season
- NEW YORK — “The Fall Guy,” the Ryan Gosling-led, action-comedy ode to stunt performers, opened below expectations with $28.5 million, according to studio estimates Sunday, providing a lukewarm start to a summer movie season that's very much to be determined for Hollywood.
- 05/05/2024
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Paramount Officially Opens Talks With Sony And Apollo In Takeover Bid, Report Says
- Paramount Global has opened acquisition negotiations with Sony and Apollo, The New York Times reported Sunday, after exclusive merger talks with Skydance lapsed Friday and the company continues to struggle following major first quarter losses and the departure of CEO Bob Bakish last week.
- 05/05/2024
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Apple, Glencore, Sony, Novo Nordisk, Shell, Goldman Sach, GSK, Qualcomm, AMD, Starbucks, Amazon – Markets Defused
- Markets Defused aims to present an easy-to-understand and straightforward recap of the week's most engaging stock market news Apple impressed Wall Street, Cook promises AI growth Sony stepped in with $26bn bid to buy Paramount Ozempic and Wegovy gave more record results at Novo Nordisk Goldman Sachs ready to boost banker bonuses in London Qualcomm optimistic about future smartphone sales AMD fell short of high expectations Starbucks revenues disappointed Amazon's beat expectations Apple financials impressed Wall Street, Cook promises AI growth Apple Inc (NASDAQ:AAPL, ETR:APC) investors welcomed the iPhone maker's latest earnings report on Thursday, buying up the shares following Thursday's report. Revenues came in ahead of Wall Street expectations for Apple's first quarter driven by demand in its services businesses – iCloud, Apple TV+, and Apple Music – whilst iPhone sales declined.
- 05/04/2024
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Paramount won't extend exclusive deal period with Skydance amid Sony bid: sources
- Paramount Global will likely not extend its 30-day exclusivity talks with Skydance Media to strike a deal as Sony Pictures Entertainment and private equity firm Apollo Global Management await a response to their $26 billion bid to buy the entertainment giant, according to a person familiar with the matter.
- 05/03/2024
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Sony and Apollo make $26 billion all-cash offer for Paramount
- CNBC's Joe Kernen reports on the latest news.
- 05/03/2024
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Sony and Apollo submit $26 bln Paramount offer, WSJ reports
- Sony Pictures Entertainment (SPE) and Apollo Global Management have made a $26 billion cash offer for Paramount Global , the Wall Street Journal reported.
- 05/03/2024
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Sony and Apollo set to launch $26bn Paramount counterbid
- Sony Group Corp (NYSE:SONY) and private equity firm Apollo are preparing a $26 billion cash bid for Paramount Global (NASDAQ:PARA), challenging Skydance Media's offer as their exclusive negotiation period nears expiration. Sony would lead the investment with majority control, while Apollo would hold a minority stake, without the need to refinance Paramount's existing $16 billion debt.
- 05/03/2024
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Sony, Apollo Propose Buying Paramount in $26 Billion Deal
- Bloomberg has learned that Sony Group Corp. and Apollo Global Management Inc. made a $26 billion proposal to buy media giant Paramount Global. Chris Palmeri reports on Bloomberg Television.
- 05/02/2024
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Paramount Global receives $26B offer from Sony, Apollo amid Skydance talks
- Sony would be the majority shareholder and Apollo would have a minority stake, a source told the AP.
- 05/02/2024
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Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid
- Sony and Apollo expressed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.
- 05/02/2024
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Paramount Stock Jumps 13% After Reported $26 Billion Sony-Apollo Takeover Bid
- Sony Pictures and private equity firm Apollo Global Management have submitted a $26 billion offer for Paramount Global, The Wall Street Journal reported Thursday, the latest bid for the entertainment conglomerate, whose shares have spiked with news of potential takeovers in recent months.
- 05/02/2024
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Sony, Apollo Make Formal Overture To Paramount Board To Discuss Potential $26 Billion Deal
- Partners Sony and Apollo have formally reached out to Paramount's special board committee asking to discuss a potential $26 billion offers. It comes Par's exclusive negotiating window with David Ellison's Skydance is set to expire. Paramount share jumped 12% on the news. Investors would vastly prefer a Sony deal to Skydance.
- 05/02/2024
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Sony and Apollo offer $26 billion for Paramount: report
- Sony and Apollo Global Management are reportedly bidding big for Paramount. Sony and the private equity firm teamed up for an all-cash offer of $26 billion for Paramount Global, The Wall Street Journal reported on Thursday.
- 05/02/2024
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Sony and Apollo make $26 billion cash offer for Paramount: report
- Sony Pictures and Apollo Global Management Inc. have submitted a $26 billion cash offer for Paramount Global.
- 05/02/2024
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3 Virtual Reality Stocks Worth Strapping Into Now
- The virtual reality (VR) stocks and trends are lukewarm, even cold, compared to just a few years ago. Undoubtedly, the big tech titans, including some Magnificent Seven firms you may be familiar with, have been doing their best to advance the field.
- 04/30/2024
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Paramount Should Consider Apollo-Sony Deal: Ariel's Rogers
- Ariel Investments founder & co-CEO John Rogers says Paramount Global should consider other proposals before merging with David Ellison's Skydance Media and that a deal with Apollo Global Management and Sony Group could be a much better outcome for investors. He joins Ed Ludlow and Caroline Hyde to discuss the ousting of Paramount CEO Bob Bakish and what the move means for the company going forward on "Bloomberg Technology.
- 04/30/2024
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1 Monster Stock Opportunity In the Global Chip Shortage
- TSMC's revenue and net income beat analysts' predictions for the first quarter. A slump in smartphone sales could cause a slowdown in TSMC's growth.
- 04/27/2024
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Skydance Still In Pole Position For Paramount As Two Hash Out Terms; Sony & Apollo Waiting In The Wings
- Skydance and Paramount are deep into hashing out a complicated deal that would see the David Ellison's studio and its backers take control of the storied film and television company owned by Shari Redstone.
- 04/25/2024
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Paramount Shares Leap As Investors Cheer Sony-Apollo Scenario
- Paramount Global shares jumped 13% Friday as investors cheered news that Sony Pictures Entertainment is talking with Apollo Global Management about joining Apollo's bid for Paramount. The beleaguered stock ended the day at $12.44 after registering more than twice its normal trading volume.
- 04/19/2024
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Paramount: Potential Rescue With Sony Bid
- Paramount Global has several deals to pursue, but the controlling shareholders are pushing for the deal unfriendly to shareholders. Sony is considering joining a modified $26 billion offer from Apollo Global Management, making the bid too good for Paramount to ignore. Paramount should return to solid profits as the DTC business cuts losses, making any deal less important.
- 04/19/2024
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Paramount shares jump more than 10% as Sony, Apollo discuss joint buyout bid
- Paramount is currently engaged in exclusive deal talks with Skydance Media, though some investors have urged Paramount to explore other options.
- 04/19/2024
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Apollo's Paramount Bid Gets Key Boost With Sony Support
- Apollo Global Management Inc. is one of Wall Street's biggest names, but its bid for Paramount Global took on greater credibility with Sony Group Corp. joining the offer, Bloomberg's Chris Palmeri reports. He speaks with Bloomberg's Sonali Basak.
- 04/19/2024
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Paramount rallying on news of possible Apollo-Sony joint bid
- Jim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to discuss the deal talks surrounding Paramount.
- 04/19/2024
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Paramount Jumps as Sony, Apollo Reportedly Consider a Joint Bid for the Media Giant
- Paramount Global (PARA) shares soared close to 8% in early trading Friday after The New York Times reported that Sony Group's (SONY) studio division was in talks with Apollo Global Management about joining a bid for the media giant.
- 04/19/2024
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Paramount Global shares rise on reports of joint Sony-Apollo takeover bid
- Paramount Global (NASDAQ:PARA) shares surged on reports private equity firm Apollo Global Management (NYSE:APO) and Sony Group Corp (NYSE:SONY) are considering a joint bid for the media company. A person familiar with the matter told media outlets that Sony Pictures Entertainment chief Tony Vinciquerra has been in talks with Apollo over the last week about working together on an offer.
- 04/19/2024
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Sony, Apollo discuss joint bid for Paramount, says source
- Sony Pictures Entertainment and Apollo Global Management are discussing making a joint bid for Paramount Global , according to a person familiar with the matter.
- 04/18/2024
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Sony Is Said to Be in Talks With Apollo on Joint Paramount Bid
- Bloomberg has learned that Sony Group Corp. and Apollo Global Management Inc. are considering teaming up in a bid for the film and TV giant Paramount Global. The two companies haven't submitted an official offer, according to a person familiar with the matter.
- 04/18/2024
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Sony in talks with Apollo to team up on bid to buy Paramount: sources
- Sony Group and Apollo Global Management are in talks to team up on a bid for Paramount Global, sources told The Post on Thursday.
- 04/18/2024
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Paramount shares rise after Sony, Apollo reportedly seek to join deal talks
- Shares of Paramount Global traded higher following a report that Sony's movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.
- 04/18/2024
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Sony In Talks To Team With Apollo In Bid For Paramount Global
- Remember those rumors, oh, eight years ago about how Sony was a target for acquisition? No more. Still, don't say merger yet. Deadline has confirmed that Sony Picture Entertainment CEO Tony Vinciquerra has been in talks with Apollo Global Management about making a go for Paramount.
- 04/18/2024
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Sony Joins Talks To Buy Paramount—Boosting Paramount Shares 12%
- Sony and investment firm Apollo Management are in talks about a joint buyout of Paramount Global, according to multiple outlets, sending Paramount shares up around 12% in after-hours trading Thursday.
- 04/18/2024
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SONY Introduces New BRAVIA Theater Home Audio Product Range
- SONY unveils the new BRAVIA Theater Home Audio range - BRAVIA Theater Bar 9, BRAVIA Theater Bar 8, BRAVIA Theater Quad and BRAVIA Theater U - to create the ultimate home cinema experience.
- 04/18/2024
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This Is How Much Nvidia Is Up Since the Corona Virus Market Crash
- Nvidia, which was roughly trading at $63 per share on March 23, 2020, has risen to $880.08.
- 04/06/2024
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Sony Semiconductor Brings Inference Close To The Edge
- AI only matters to businesses if the technology enables competitive differentiation or drives increased efficiencies. The past year has seen technology companies focus on training models that promise to change enterprises across industries.
- 03/27/2024
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SONY Reportedly Halts PlayStation VR2 Headset Production
- Amid an elevated backlog, SONY has reportedly stopped the production of its PlayStation VR2 headsets for the time being.
- 03/18/2024
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3 Virtual Reality Stocks to Buy for Real Life Riches
- Today's article introduces three virtual reality stocks to buy. Once relegated to science fiction, VR is rapidly transforming from a futuristic concept to a tangible reality.
- 03/10/2024
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How Sony's PlayStation has rivaled Microsoft and Nintendo in the console wars
- CNBC takes a look back at the how the Sony's PlayStation brand created the best-selling video game console of all time.
- 03/09/2024
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Sony: Gaming Segment Concerns And A Changing Industry
- Sony's Game and Network Services segment had disappointing Q3 results, leading to a decline in stock price. Other segments of SONY's business, such as Imaging & Sensing Solutions and Music, performed well. The gaming industry is changing, and the Company's management of exclusivity and cost management will be crucial.
- 03/06/2024
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SONY Announces to Lay Off 8% of the PlayStation Workforce
- SONY is shutting down PlayStation Studios' London Studio while its studios ??? Insomniac Games and Naughty Dog?
- 02/28/2024
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Sony's PlayStation to cut 900 jobs globally
- Sony Group Corp (NYSE:SONY)-owned PlayStations has unveiled plans to cut around 900 jobs globally as the gaming company re-evaluates a handful of ongoing projects. Cuts will stretch to around 8% of the unit's headcount, with studios in the likes of London and California set to be affected.
- 02/27/2024
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Sony to lay off 900 workers in its PlayStation division
- Company will cut 8% of workforce, citing changes in industry and a need to ‘deliver on expectations from developers and gamers'
- 02/27/2024
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Sony to cut about 900 jobs in its PlayStation unit as layoffs in technology, gaming sector continue
- Sony will cut about 900 jobs in its PlayStation division, or about 8% of its global workforce, becoming the latest company in the technology and gaming sector to announce layoffs.
- 02/27/2024
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Sony Laying Off 900 PlayStation Employees In Latest Gaming Industry Cuts
- Sony Interactive Entertainment, Sony's video game division, is laying off 900 employees across multiple PlayStation studios and will completely close its London studio, the company announced Tuesday, the latest in a series of layoffs that have impacted the video game industry.
- 02/27/2024
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Sony Layoffs 2024: What to Know About the Latest PlayStation Job Cuts
- Sony (NYSE: SONY ) layoffs are on the way for the company's PlayStation division as the video game business reduces headcounts at several of its developers. Sony is planning to cut 900 jobs, or 8% of PlayStation's workforce, around the world.
- 02/27/2024
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Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce
- Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce
- 02/27/2024
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Disney Reaches Deal With Sony Pictures Home Entertainment For Its Physical Media Production
- Disney has reached a deal with Sony under which the latter's home entertainment division will handle all Disney releases on DVD and Blu-ray as well as all physical media production. It's the latest sign of the decline of the physical disc trade.
- 02/20/2024
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Zee Entertainment shares soar on reports Sony deal talks are back on
- Nearly a month after ending merger talks with Sony Group Corp., India's Zee Entertainment Enterprises Ltd. may be ready to try again for a deal that had been in the works for two years.
- 02/20/2024
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India's Zee Entertainment pops 10% on report that $10 billion merger with Sony is being revived
- Sony first proposed to combine its India entertainment business with Zee in December 2021. Those negotiations collapsed after more than two years.
- 02/20/2024
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India's Zee Entertainment seeks to revive $10 bln merger with Sony, ET reports
- India's Zee Entertainment is making a final attempt to restart discussions with Japan's Sony Group to revive their $10 billion merger deal which was scrapped on Jan. 22, Indian business daily Economic Times reported on Tuesday, citing people aware of the matter.
- 02/19/2024
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Sony to release a 'Pro' version of the PlayStation 5 this year after cutting outlook, analysts say
- Analysts told CNBC they expect Sony to launch the PlayStation 5 Pro this year which would offer new hardware for the release of Grand Theft Auto VI in 2025.
- 02/19/2024
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Sony plunged $10 billion after its PS5 sales cut. But a bigger issue is its near decade low games margin
- Around $10 billion of value was wiped off Sony's stock this week after it cut its sales forecast for its flagship PlayStation 5 console for the fiscal year.
- 02/18/2024
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Microsoft brings four Xbox games to rival console makers Sony and Nintendo
- Microsoft (MSFT) has announced that it will release four previously exclusive gaming titles for its Xbox consoles to rival console makers Sony (SONY) and Nintendo (NTDOY). The move is a shift in Microsoft's previous strategy and a push to end what has been seen as "console wars".
- 02/16/2024
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Sony to partner with Seagate on hard disk drives used for AI -Nikkei
- Sony to partner with U.S.-based Seagate Technology on mass production of hard disk drives (HDDs) to meet growing AI demand, the Nikkei newspaper reported on Friday.
- 02/16/2024
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Sony stock slumps as PlayStation 5 sales to miss target
- Shares of Sony slumped in Tokyo trade on Thursday as the electronics giant cut its sales forecast, citing worse-than-expected PlayStation 5 sales.
- 02/15/2024
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Sony Plans Financial Services IPO as PS5 Sales Cool
- Electronics/entertainment giant Sony plans to take its financial services unit public next fall. The company announced the partial spin-off of Sony Financial Group (SFGI), a business that includes banking and payment services, as it released quarterly earnings on Wednesday (Feb. 14).
- 02/14/2024
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SONY's Q3 Earnings Increase Y/Y, Revenue Guidance Lowered
- SONY's fiscal third-quarter performance benefits from solid momentum across G&NS, Music, Pictures and I&SS segments.
- 02/14/2024
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Sony cuts forecast for PlayStation 5 sales
- Sony said it now expects to sell 21 million units fo the PlayStation 5 in the fiscal year ended March, down from a previous forecast of 25 million units. CNBC's Arjun Kharpal reports.
- 02/14/2024
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Sony, Honda EV venture to roll out three models before 2030 - Nikkei
- A joint venture set up by Japan's Sony Group and Honda Motor will introduce three electric vehicle (EV) models by the second half of this decade, the Nikkei business daily reported on Wednesday.
- 02/14/2024
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Sony's profit rises on growing sales of music, games, pictures, sensors
- Japanese electronics and entertainment company Sony's profit rose 13% in October-December on growing growing sales of music, image sensors and video games, the company said Wednesday.
- 02/14/2024
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Sony Pictures Entertainment Third-Quarter Profits Jump 57% To $281M
- Refresh for latest
- 02/14/2024
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Sony Group Reports Profit Rise, Starts Preparing for Financial Unit's Spinoff
- Sony Group reported a rise in third-quarter net profit, thanks partly to higher earnings from the image-sensor and music businesses, and said it would start preparing for a spinoff and listing of its financial unit.
- 02/14/2024
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Sony posts record quarterly revenue, smashing through expectations, on PlayStation bump
- Sony posted record quarterly profit in the all-important December quarter thanks to a boost from its PlayStation gaming business and financial services unit.
- 02/14/2024
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Sony Q3 profit jumps 10%, points to 2025 listing for financial business
- Sony's operating profit jumped 10% in the third quarter, beating estimates, buoyed by the strength of its financial, movies and music businesses.
- 02/14/2024
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‘Madame Web' Scores Terrible Reviews: Likely Latest Dud In Sony's Marvel Universe
- Early reviews for the latest Marvel film have slammed "Madame Web" as the "worst comic book movie" yet, as Sony's effort to flesh out its own Marvel Universe separate from the ultra-successful Disney franchises continues to flounder.
- 02/13/2024
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Wall Street Brunch: Retail Inflation In Focus
- This week, traders will have a lot of economic data to digest, including retail sales, manufacturing measures, jobless claims, and the consumer price index. The market is now pricing in a 16% chance of a March rate reduction by the Fed, but odds top 60% for a cut in May.
- 02/11/2024
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3 Sorry Gaming Stocks to Sell in February While You Still Can
- The video gaming business continues to be the fastest growing segment of the entertainment industry. Grand View Research forecasts that the global video game market will grow at a compound annual growth rate (CAGR) of 13.4% between now and 2030.
- 02/08/2024
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Exclusive: Sony, Zee clashed over Russia assets, cricket deal before India deal collapse-emails
- Sony and Zee disagreed over more than 20 compliance issues, including the Indian firm's failure to dispose of some Russian assets and its $1.4 billion Disney cricket rights deal, before their India merger was scrapped, according to internal emails reviewed by Reuters.
- 01/31/2024
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3 Video Game Stocks to Play as the Metaverse Takes Off
- 2023 was rough for the video gaming industry; the sector slowed from industry-wide layoffs to stagnant consumer demand. However, the start of 2024 brings a new dawn for gamers as exciting gaming events, like the New York Game Awards and the “oh so cool” CES 2024, spice up gamers' appetite for upcoming title announcements and cool tech.
- 01/29/2024
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Sony is making a bold bet on an African gaming startup to boost PlayStation's reach in the continent
- Sony is hoping to expand PlayStation's reach in the continent.
- 01/29/2024
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India's Zee Entertainment urges Sony to restore blockbuster merger, sues over termination
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ZEEL-Sony Merger Hits Dead End, Sony Seeks $90 Million Termination Fee
- After two years of negotiations, Japanese Sony Group Corporation called off the $10 billion merger deal between Indian media and entertainment giant Zee Entertainment Enterprises Ltd ( ZEEL) and Sony Pictures Networks India (now known as Culver Max Entertainment Ltd). Officially, the deal was called off due to delays, but insiders believe disputes over the leadership of the combined entity was the real reason.
- 01/23/2024
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Portfolio manager likes Sony and picks one stock as a 'stealth' way to play the AI theme
- Brian Krawez of Scharf Investments shares his stock picks in the tech space.
- 01/23/2024
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India's Zee Entertainment dives 31% after Sony calls off mega merger
- Shares of India's Zee Entertainment fell 31% on Tuesday after a division of Japanese tech giant Sony scrapped plans for a merger.
- 01/23/2024
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Analysts recommend selling India's Zee after failed Sony merger
- At least five brokerages said investors should sell Zee Entertainment's stock as the Indian broadcaster's failed $10 billion merger deal with Sony India raised concerns about its survival in an increasingly competitive industry.
- 01/22/2024
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Sony Ends $10 Billion Merger of Indian Unit With Zee Entertainment
- Japan's Sony Group (SONY) ended a $10 billion merger of its Indian unit with India's Zee Entertainment on Monday, calling off a deal that could have reshaped the media landscape in one of the world's largest streaming markets.
- 01/22/2024
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Sony cancels $10 billion merger plans with Zee in India, legal battle looms
- Japan's Sony Group has made the decision to abandon its plans for a $10 billion merger with India's Zee Entertainment (ZEE.NS), setting the stage for a legal showdown between the two companies due to their failure to finalize a deal that was poised to reshape India's media landscape.
- 01/22/2024
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Sony ends two years of merger talks with India media giant Zee
- Sony Group Corp. announced Monday that two years of merger discussions with India's Zee Entertainment Enterprises Ltd are over.
- 01/22/2024
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Sony scraps $10 bln India merger talks with Zee Entertainment
- After two years of negotiations, Japan's Sony on Monday terminated a $10 billion merger of their India operations with Zee Entertainment.
- 01/22/2024
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Sony 'terminates' Indian merger with Zee
- Sony "terminated" on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world's most populous nation.
- 01/22/2024
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IMAX Collects $1.06B Globally in 2023, Nears 2019 Record
- IMAX soars to $1.06 billion in the global box office in 2023, the second-highest grossing year in the company's history.
- 01/10/2024
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Siemens partners with Sony on new headset for 'industrial metaverse'
- Siemens CEO Roland Busch joins 'The Exchange' to discuss new software product, partnership with Sony, and more.
- 01/09/2024
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Zee Plunges as Sony Said to Plan Calling Off India Unit Merger
- Shares of India's Zee Entertainment Enterprises Ltd. are tumbling.
- 01/08/2024
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Sony Honda Mobility teams with Microsoft on AI for Afeela car
- Sony announced at its press conference today that it is partnering with Microsoft on AI and other technologies.
- 01/08/2024
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Sony's $10 Billion Zee Merger at Risk of Collapse
- Sony's India unit is reportedly ready to cancel its $10 billion merger with Zee Entertainment. The deal, in the works since 2021, is at risk due to an impasse over the question of whether Zee CEO Punit Goenka would lead the new company, Bloomberg News reported Monday (Jan. 8), citing sources familiar with the matter.
- 01/08/2024
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The 3 Most Lucrative Video Game Stocks for 2024
- After a couple of years of pandemic-fueled growth, 2023 was a year that many video game manufacturers would like to forget. Layoffs in the industry were a common occurrence as consumer demand leveled off despite the launch of new games.
- 01/04/2024
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Sony Activision riposte will involve mobile gaming
- The object of Nintendo's (7974.T) 1980s video game “Duck Hunt” is to pick off targets just as they rise above the horizon. The bird-blasting title could offer a template for a Sony (6758.T) mobile gaming acquisition in 2024.
- 12/27/2023
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Report: Blackstone to Acquire 80% Stake in Sony Payment Services
- Alternative asset manager Blackstone is reportedly set to acquire an 80% stake in Sony Payment Services, a payment service provider under Sony Group. The deal, valued at approximately $280 million, is expected to be announced as soon as Friday (Dec. 22), Bloomberg reported Thursday (Dec. 21), citing an unnamed source.
- 12/21/2023
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SONY's PlayStation 5 Surpasses 50M Units in Sales Since Launch
- SONY's PlayStation 5 sales gain from the addition of immensely popular games like Marvel's Spider-Man 2, Baldur's Gate 3, Alan Wake 2 and EA SPORTS FC 24.
- 12/21/2023
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Sony PlayStation 5 sales cross 50 million units
- Sales of Sony's PlayStation 5 have crossed 50 million units, the Japanese electronics giant said, pointing to "strong momentum" this year for its flagship gaming console.
- 12/21/2023
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Zee, Sony in talks to extend merger deadline
- BENGALURU, Dec 20 (Reuters) - Zee Entertainment Enterprises (ZEE.NS) said on Wednesday that it was in talks with Sony Group's (6758.T) India unit about extending a merger deadline to create a $10 billion media and entertainment powerhouse.
- 12/20/2023
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E3, the once-massive videogame trade show, has been permanently canceled
- In a tweet Tuesday, the trade group that ran the once-blockbuster annual videogame conference said it was permanently pulling the plug on the Electronic Entertainment Expo.
- 12/12/2023
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PlayStation Will Remove Discovery Shows Despite User Purchase
- Sony said that the Discovery shows would be deleted from the devices on Dec. 31, citing “content licensing arrangements with content providers.”
- 12/06/2023
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Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
- It's that time of year when people are doing their holiday shopping and making their gift list — and checking it twice. Whether you're a parent planning gifts for your children of any age, including adult children, or you're thinking about gift ideas for other family members, friends or anyone else, you may be thinking about giving money or gift cards.
- 12/04/2023
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Sony faces $8B dollar lawsuit for overcharging Playstation customers
- The claim alleges customers have therefore paid higher prices for games and add-on content than they would have done.
- 11/24/2023
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Holiday Gaming Rally: 3 Video Game Stocks to Snag Pre-Christmas
- Investors looking for video game stocks to buy have several choices, and we've compiled a list of the most promising ones. The video game industry has gone from a niche market for arcades and living rooms to an omnipresent, sprawling digital industry.
- 11/24/2023
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Sony class action lawsuit permitted to go ahead
- A class action lawsuit against Sony Group Corp (NYSE:SONY) is expected to go ahead after a UK tribunal threw out the Japanese conglomerate's attempts to dismiss the case. The Competition Appeal Tribunal said in a statement on Tuesday that it was satisfied that the authorisation and eligibility conditions had been met for the case, and granted a collective proceedings order.
- 11/22/2023
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3 Winning Esports Stocks to Bet on for 2024
- The esports industry is a large market that brings video game lovers and competitive players together. Experts expect the industry to surpass a market size of $11.94 billion by 2030.
- 11/21/2023
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3 Top Tech Stocks to Buy Right Now
- Microsoft could see its brand value grow tremendously in the age of AI. Netflix is enjoying solid momentum, and the end of the writers' strike is a catalyst for more growth.
- 11/18/2023
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Microsoft Vs. Sony: Who Will Build The Netflix Of Gaming?
- Microsoft's acquisition of Activision for $68.7 billion marks a transformative shift in its gaming strategy. Microsoft aims to create a gaming equivalent of Netflix through bold acquisitions and its Xbox Gamepass offering. Sony's strategy focuses on high-quality exclusives and maintaining market dominance, but faces challenges from Microsoft's aggressive pricing and acquisitions.
- 11/17/2023
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Playstation Portal review: Sony to launch handheld gaming device this week
- Sony Group (SONY) is reportedly launching a new handheld gaming device called the 'PlayStation Portal' this week. The portable console will feature an 8-inch display and the ability to stream PS5 games over WiFi using Sony's Remote Play technology.
- 11/13/2023
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Sony's Triumph: The PlayStation Power Play Driving Business
- Sony faced significant challenges in the 2000s, leading to a decline in stock and market-leading position across multiple business segments. A strategic turnaround in 2012 under new leadership has led to sustained profitability and a focus on shareholder-centric strategies. Sony's strength lies in its Game & Network Service segment, particularly with the sales of PlayStation, and the company has set an ambitious shipment target for the PS5.
- 11/10/2023
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SONY's Q2 Earnings Decline Y/Y, Revenue Guidance Raised
- SONY's second-quarter fiscal 2023 revenue performance benefits from solid momentum in G&NS, and Music sales.
- 11/09/2023
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Sony Group Corporation (SONY) Q2 2024 Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q2 2024 Earnings Conference Call November 8, 2023 2:00 AM ET Company Participants Sadahiko Hayakawa - General Manager, Finance Department Hiroki Totoki - President, COO, CFO, Representative Corporate Executive Officer & Director Conference Call Participants Kentaro Tsutsumi - Nikkei Newspaper Masahiro Ono - Morgan Stanley Kota Ezawa - Citigroup Junya Ayada - JPMorgan Chase & Co. Ryosuke Katsura - SMBC Nikko Securities Unidentified Company Representative The time has come. FY 2023 Q2 financial results announcement for Sony Group Corporation.
- 11/09/2023
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Sony raises annual forecast despite Hollywood strikes, PS5 woes
- Japanese electronics titan Sony lifted its full-year net profit and sales forecasts on Thursday, citing strength in the company's gaming, music and image-sensor sectors.
- 11/09/2023
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Sony Pictures Entertainment Sees Profits Increase To $204M In Second Quarter
- Refresh for latest
- 11/09/2023
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Sony reports 29% drop in operating profit as weakness in chip business hits home
- Sony reported a 29% drop in operating profit for its second quarter as the company suffered from weakness in its imaging sensor business.
- 11/09/2023
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Here's What to Expect Ahead of SONY's Q2 Earnings Release
- SONY's second-quarter fiscal 2023 revenues are likely to have benefited from continued strength in the G&NS, and Music segments amid weak macroeconomic conditions.
- 11/07/2023
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3 stocks to buy before Christmas 2023
- As the holiday season 2023 is approaching, investor focus is shifting to the stocks that present the best opportunity to buy at this time, and some of them are, indeed, in a better position than others to bring profit to their buyers, provided they purchase them before their prices soar.
- 11/06/2023
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Sony's 2Q earnings to be negatively impacted by Hollywood strikes
- Sony Group Corp (NYSE:SONY) is expected to post a year-over-year drop in profits for the third quarter as the Hollywood strikes dragged on the financial performance of its Pictures unit. When handing down its fiscal first quarter results in August, the Tokyo, Japan-based company – whose consumer elctronics products include music systems, mobile phones, gaming consoles, and cameras - warned that the then dual writers and actors strike would drag down its 2Q revenue.
- 10/27/2023
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Sony Honda Mobility could procure EV batteries from US, president says
- Sony and Honda's automotive joint venture could procure batteries for its new Afeela electric vehicle from the United States where Honda is building a factory, the president of Sony Honda Mobility told Reuters on Wednesday.
- 10/25/2023
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IMAX and Hengdian Films Expand in China With 20 New Locations
- IMAX announces extending its collaboration with Hengdian Films to establish 20 new IMAX locations in China.
- 10/20/2023
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SONY Introduces Slimmer PlayStation 5: Major Highlights
- SONY adds that the new PS5 model will be available from November 2023 in the United States. It will be rolled out globally in the subsequent months.
- 10/12/2023
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Cost-cutting isn't the only thing driving Sony's strategy, Jefferies says
- Atul Goyal of the investment bank says Sony's decision to operate in Europe is "not cost cutting" but a "strategic change."
- 10/12/2023
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IMAX Partners With NCG Cinemas for 3 Locations in the US
- IMAX expands partnership with NCG Cinemas to open three IMAX with Laser Systems in the United States.
- 10/11/2023
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Sony unveils thinner PlayStation 5 'Slim' model
- Sony Group Corp (NYSE:SONY) has announced a new, thinner PlayStation 5 model that comes equipped with a detachable disk drive and 1 terabyte of internal storage. The PS5 “Slim” will retail for $499.99 starting in November, replacing the current PS5 and PS5 Digital Edition, the latter of which had retailed for $449.99.
- 10/10/2023
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SONY Rises 30.1% in the Past Year: Will the Uptrend Continue?
- SONY's performance benefits from continued strength in the G&NS and Music business segments.
- 10/10/2023
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IMAX Starts Selling Tickets for Renaissance: A Film by Beyonce
- IMAX announces that it has made tickets available for Renaissance: A Film by Beyonce at selected locations only.
- 10/03/2023
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Sony doubles down on virtual production business using its hardware muscle
- Sony Group is increasing its focus on the virtual production business where it is seeing market-beating growth, a company executive said, riding on the strength of the Japanese entertainment conglomerate's technology.
- 09/29/2023
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Sony's leadership shakeup is not a move to bring gaming division back to Japan: Jefferies
- Atul Goyal, managing director for Jefferies, talks about the retirement of Sony's gaming chief Jim Ryan, and the challenges ahead for the business.
- 09/28/2023
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Sony PlayStation CEO Ryan to retire
- Sony said Thursday that the chief executive of its PlayStation unit Jim Ryan will retire next March after almost 30 years at the Japanese firm.
- 09/28/2023
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Sony Interactive Entertainment President and CEO Jim Ryan Slates His Retirement
- Sony Group Corporation and Sony Interactive Entertainment (SIE) today announced that SIE President and CEO Jim Ryan has made the decision to retire in March 2024 after almost 30 years with the PlayStation business. Sony Group Corporation President, COO and CFO Hiroki Totoki will assume the role of chairman of SIE effective October 2023.
- 09/27/2023
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Sony Interactive Entertainment CEO Jim Ryan will retire in March
- Sony Interactive Entertainment Chief Executive Jim Ryan will retire in March, Sony Group Corp. SONY, +1.54% said in a statement on Wednesday, following nearly three decades with the Sony subsidiary that oversees PlayStation. Ryan, in a statement, said that while he was thankful for the time with the company, it had become “increasingly difficult to reconcile living in Europe and working in North America.
- 09/27/2023
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PlayStation head Jim Ryan is stepping down
- PlayStation boss Jim Ryan is stepping down from the company, Sony announced Wednesday.
- 09/27/2023
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Sony's PlayStation Chief to Retire Next Year
- Jim Ryan, who has been with the company for nearly 30 years, has led one of the most dominant businesses in the video game industry.
- 09/27/2023
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Sony investigating alleged ransomware attack, group threatens to sell data
- Sony is reportedly investigating a ransomware attack, and the group that claims responsibility also wants to sell the data it gathered.
- 09/26/2023
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Emily Ratajkowski's podcast cancelled as Sony lays off staffers
- "High Low with EmRata," which premiered less than one year ago, has been cancelled the same week Sony Group laid off a "significant percentage" of its podcasting division.
- 09/20/2023
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‘The Nun II' conjures a solid $32.6 million to top box office
- Like many horrors before it, bad reviews didn't scare off moviegoers from buying tickets for “The Nun II.” The sequel to the 2018 hit, released in 3,728 theaters by Warner Bros.
- 09/10/2023
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How Sony's Hawk-Eye electronic line-calling system transformed the U.S. Open
- CNBC got a behind-the-scenes look at Sony's Hawk-Eye line-calling system to understand how the tech works in tennis and other major sports.
- 09/09/2023
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U.S. government's crusade against Big Tech threatens investors and the economy
- American technology companies create products and services that bring enormous value to consumers around the globe, but if the U.S. Federal Trade Commission continues its indiscriminate crusade against the technology sector, value creation and innovation will stagnate.
- 09/06/2023
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SONY Stock Rises 11.8% YTD: Will the Upward Trend Continue?
- SONY's performance benefits from continued strength in the G&NS and Music business segments.
- 09/05/2023
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‘Equalizer 3' wins weekly box office, while ‘Barbie' is now year's biggest release
- The third installment in the Denzel Washington-led “Equalizer” franchise topped the domestic box office this weekend with $34.5 million according to studio estimates Sunday. By the end of the Monday holiday, Sony SONY, +2.49% expects that total will rise to $42 million.
- 09/03/2023
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Gamer Gains: 3 Video Game Stocks for Today's Young Investor
- The video game industry has experienced massive growth in recent years. Its development traces its modest roots as a casual family entertainment system to its current widespread appeal and pop-culture impact.
- 09/02/2023
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3 Audio Video Stocks Worth Watching in a Flourishing Industry
- Investments in technology solutions that enhance communications experience are likely to aid the Zacks Audio Video Production industry participants like Sony Corporation (SONY), Sonos (SONO) and LiveOne (LVO). Stiff competition from low-priced device importers is a concern.
- 09/01/2023
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Bethesda's Xbox-exclusive 'Starfield' offers a glimpse into Sony's fears of losing 'Call of Duty' in Activision deal
- A major argument made by Sony Group Corp (NYSE:SONY) and PlayStation against Xbox's planned $68.7 billion acquisition of Call of Duty maker Activision Blizzard is about to be put to the test. Starfield — perhaps the biggest video game release of 2023 — will come out on September 6, exclusively on Xbox.
- 08/31/2023
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Boycott Sony? PS Plus Users Heat Up Social Media After Shocking Price Hike
- An extreme PS Plus price hike has PlayStation fans talking about a Sony (NYSE: SONY ) boycott on social media! During its latest blog post for PS Plus members, Sony revealed that a price hike will see the cost of its subscription service increase starting in September.
- 08/31/2023
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3 Stocks That Could Be Tomorrow's Best Blue Chips
- In the world of investing, blue-chip stocks represent the gold standard. These large, reputable companies with strong balance sheets are pillars of stability and reliability.
- 08/23/2023
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Sony Corporation: A Good Time To Start A Position
- Sony's share price has been underperforming, but the PlayStation segment is expected to provide strong numbers in the future. The upcoming release of the PS5 Slim and new accessories will contribute to continuous revenue growth. The company's financial health is decent, with manageable debt.
- 08/16/2023
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The 3 Most Undervalued Gaming Stocks to Buy Now: August 2023
- The video game industry is booming and has a good runway. Iconic brands, easy access to popular titles, and other factors have contributed to video games becoming a core component of many people's lives.
- 08/15/2023
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3 Stocks to Watch as Video Game Sales Make a Solid Rebound
- The video game market is making a turnaround, which is likely to benefit stocks like Light & Wonder, Inc. (LNW), Electronic Arts (EA) and Motorsport Games Inc. (MSGM).
- 08/15/2023
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Music labels sue Internet Archive over digitized record collection
- Universal Music Group , Sony Music Entertainment and other record labels on Friday sued the nonprofit Internet Archive for copyright infringement over its streaming collection of digitized music from vintage records.
- 08/11/2023
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Sony shares rally after iPhone scare
- Sony shares rallied after one of its worst days in Tokyo for a year as it warned of a delayed recovery in the smartphone market and a financial outlook below expectations. The electronics and entertainment giant, a major supplier of image sensors to Apple iPhones and others, cited sluggish demand in China and the US adding mobile phone demand is unlikely to recover before next year.
- 08/10/2023
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Sony ADRs Slide as Strikes by Actors and Writers Drag on Revenue
- ADRs of Sony tumbled after the entertainment giant warned that strikes by TV and movie actors and writers will drag down current quarter revenue.
- 08/09/2023
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Sony Shares Slide as Strikes by Actors and Writers Drag on Revenue
- ADRs of Sony tumbled after the entertainment giant warned that strikes by TV and movie actors and writers will drag down current quarter revenue.
- 08/09/2023
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Sony profits slump from weak movie performance, ongoing writers' strike
- Operating profit slid 31% to $1.8 billion in April-June, in line with estimates and also pulled down by lackluster results from its financial business which had benefited from a property sale in the same period a year earlier.
- 08/09/2023
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Sony Raises Guidance on Strong PlayStation Sales
- The company said that business conditions for some consumer electronics products have deteriorated worse than anticipated.
- 08/09/2023
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SONY Beats on Q1 Earnings, Lifts Revenue Guidance
- Sony Group Corporation SONY reported first-quarter fiscal 2023 net income per share (on a GAAP basis) of ¥175.67 ($1.28) per share, decreasing from ¥209.66 reported in the year-ago quarter. The Zacks Consensus Estimate for earnings was pegged at 94 cents.
- 08/09/2023
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5 Things to Know Before Markets Open
- Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after its lower-than-expected quarterly revenue forecast. Here's what investors need to know today.
- 08/09/2023
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Sony's profits drop as it warns of the impact from US movie strikes
- Sony's April-June profit slipped 17% from a year earlier, as worries grew about revenue damage from a strike in the movie sector, the Japanese electronics and entertainment company said Wednesday.
- 08/09/2023
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Sony Pictures Entertainment First Quarter Profit Slides To $115 Million
- Refresh for latest
- 08/09/2023
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Sony first-quarter profit falls 31% but sales beat expectations on gaming boost
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Don't Ignore These 3 Upcoming Quarterly Releases
- Another week, another round of quarterly reports. The Q2 cycle has primarily been positive so far, helping us avoid the earnings ‘apocalypse' many had foretold.
- 08/07/2023
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SONY Gears Up to Report Q1 Earnings: Here's What to Expect
- Sony Group Corporation SONY is scheduled to report first-quarter fiscal 2023 results on Aug 9. The Zacks Consensus Estimate for earnings is pegged at 94 cents per share, indicating a decrease of 30.4% on a year-over-year basis.
- 08/07/2023
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‘Barbie' joins $1 billion club, breaks another record for female directors
- Greta Gerwig should be feeling closer to fine these days. In just three weeks in theaters, “Barbie” is set to sail past $1 billion in global ticket sales, breaking a record for female directors that was previously held by Patty Jenkins, who helmed “Wonder Woman.
- 08/06/2023
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3 Upcoming Quarterly Reports Investors Can't Ignore
- It's been a massive week for earnings, with many companies pulling the curtain back and unveiling what's transpired behind the scenes in Q2. And next week, these three notable companies are on the reporting docket.
- 08/04/2023
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3 Video Game Stocks to Buy as Sales Make Solid Rebound
- Videogame sales have been rebounding after an unimpressive 2022, which is helping stocks like Electronic Arts (EA), Corsair Gaming, Inc. (CRSR) and Light & Wonder, Inc. (LNW).
- 08/04/2023
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IMAX's Oppenheimer Breaks Records With $35 Million Global Debut
- IMAX achieves a record-shattering weekend at the global box office because of the phenomenal $35 million debut of Oppenheimer.
- 07/25/2023
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Tune Into Stocks From the Global Music Industry for Huge Gains
- As music world resonates with growth, savvy investors can play stocks like Spotify (SPOT), Apple Music (AAPL), Amazon Music (AMZN), Sony Corporation (SONY) and Live Nation (LYV).
- 07/25/2023
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Bitter Rivals Microsoft And Sony Agree On 10-Year Call Of Duty Deal
- Call of Duty, one of the biggest and most successful gaming franchises ever, is owned by Activision, which Microsoft is set to take over.
- 07/18/2023
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Activision's stock surges toward a 2-year high, after Microsoft agreement with Sony's PlayStation
- Shares of Activision Blizzard Inc. ATVI, +3.39% surged 3.5% in afternoon trading Monday, putting them on track to close at a two-year high, in the wake of Microsoft Corp.'s MSFT, +0.04% announcement over the weekend that the videogame maker's “Call of Duty” game will remain available on Sony Corp.'s SONY, +1.43% 6758, -1.08% PlayStation gaming platform after Microsoft's acquisition of Activision closes. Microsoft's stock was little changed, while Sony's U.S.-listed shares climbed 1.5%.
- 07/17/2023
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Activision Blizzard's Shares Rise as Microsoft And Sony Agree on a Call of Duty Deal
- Activision Blizzard's shares rose more than 3% as Microsoft And Sony agreed to a 10-year Call of Duty deal.
- 07/17/2023
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Microsoft and Sony strike deal to keep Call of Duty on PlayStation after Activision Blizzard takeover
- Microsoft Corporation (NASDAQ:MSFT) has agreed to leave the popular video game Call of Duty on Sony Group Corp (NYSE:SONY)'s PlayStation consoles following its $69 billion acquisition of Activision Blizzard Inc (NASDAQ:ATVI). Microsoft Gaming CEO Phil Spencer announced the agreement, which may alleviate concerns about the takeover's impact on competition, between Microsoft and Sony in a tweet on Sunday.
- 07/17/2023
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Microsoft to keep ‘Call of Duty' on PlayStation for 10 more years as Activision Blizzard takeover inches forward
- Microsoft's $69 billion takeover of Activision Blizzard still needs final approval in the US and UK.
- 07/17/2023
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Sony just agreed to Microsoft's proposal on ‘Call of Duty'
- Microsoft Corp (NASDAQ: MSFT) has signed a binding agreement with Sony Corp (TYO: 6758) to keep “Call of Duty” available on PlayStation after taking over Activision Blizzard. Alex Kantrowitz reacts to the news Things seem to continue moving in the right direction for the $69 billion merger.
- 07/17/2023
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Microsoft, Sony reach deal to keep Activision's ‘Call of Duty' on PlayStation
- Microsoft Corp. on Sunday announced a “binding agreement” to keep Activision Blizzard Inc.'s massively popular “Call of Duty” videogame available to Sony Corp.'s PlayStation platform once Microsoft's acquisition of Activison is complete.
- 07/17/2023
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5 Things to Know Before Markets Open
- The first Tesla Cybertruck rolled off the production line in Texas and Microsoft reached a deal with Sony that keeps Call of Duty on PlayStation as the company continues to work toward its merger with Activision. Here's what investors need to know today.
- 07/17/2023
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Microsoft Strikes Deal With Sony Over 'Call of Duty.' Activision Stock Rises.
- Microsoft signs an agreement to keep the 'Call of Duty' videogame franchise on Sony's PlayStation consoles following Microsoft's acquisition of Activision.
- 07/17/2023
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Microsoft agrees to keep Call of Duty on Sony Playstation after it buys Activision Blizzard
- Microsoft has signed an agreement with Sony to keep the Call of Duty video game series on the PlayStation console after the tech giant acquires video game maker Activision Blizzard.
- 07/17/2023
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Microsoft reaches deal to keep 'Call of Duty' franchise available on PlayStation
- Microsoft announced Sunday that the company reached a deal with Sony to keep the "Call of Duty" franchise available on PlayStation consoles after its Activision Blizzard acquisition.
- 07/16/2023
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Microsoft agrees to keep Call of Duty on PlayStation ahead of Activision buy
- Software giant acquiesced after US trade commission expressed concern that Activision Blizzard acquisition would hurt gamers
- 07/16/2023
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Sony signs deal with Microsoft to keep Call of Duty on PlayStation
- Microsoft and Sony have signed a binding deal to keep Call of Duty on the PlayStation platform.
- 07/16/2023
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Microsoft inks deal with Sony to keep Call of Duty on PlayStation
- Microsoft said Sunday that it signed a binding agreement with Sony to keep Call of Duty on PlayStation after the pending $68.
- 07/16/2023
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Call of Duty Will Stay on PlayStation After Microsoft-Activision Deal
- Sony had opposed the $75 billion merger amid regulators' concerns it would harm competition in the videogame industry.
- 07/16/2023
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Microsoft and Sony sign deal to keep Activision's Call of Duty on PlayStation
- Microsoft and Sony have signed an agreement to keep Activision's best-selling Call of Duty series available on PlayStation, after the conclusion of the deal.
- 07/16/2023
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Sony's growing exposure to anime content makes it a top stock to buy, according to Goldman Sachs
- Sony's growing exposure to anime content makes it a top stock to own, according to Goldman Sachs. The bank upgraded Sony to "Buy" and added the stock to its conviction list with a price target suggesting 29% upside.
- 07/13/2023
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SONY to Reportedly Accelerate R&D Spend for Gaming Division
- Per a Nikkei Asia report, SONY will be pumping 300 billion yen, which is equivalent to $2.13 billion in to R&D for the fiscal year ending on Mar 31, 2024.
- 07/13/2023
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Microsoft and Activision Blizzard: A Perfect Match?
- In early 2022, tech-titan Microsoft MSFT made a major splash, announcing the acquisition of Activision Blizzard ATVI for roughly $70 billion. It was a massive deal that caught extensive attention, ranking as the largest acquisition in the video game industry's history.
- 07/12/2023
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‘Insidious' sequel scares up $32.7 million opening weekend, topping ‘Indiana Jones'
- Indiana Jones' reign atop the box office was short-lived. In its second weekend in theaters, the Disney release was usurped by another franchise fifth – “Insidious: The Red Door.
- 07/09/2023
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‘Indiana Jones' sequel opens with lukewarm $60 million at box office
- Indiana Jones, and executives at the Walt Disney Co. and Lucasfilm, made a somewhat dispiriting discovery this weekend. Moviegoers didn't rush to the theater in significant numbers to see “Indiana Jones and the Dial of Destiny” and say goodbye to Harrison Ford as the iconic archaeologist.
- 07/02/2023
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Microsoft Activision deal will give gamers a “degraded” experience, says Sony
- Sony Group Corp (NYSE:SONY) executive James Ryan has made it clear that the Japanese gaming giant will not stop in its fight to block Microsoft's US$69bn acquisition of rival Activision Blizzard. In a video deposition played in the San Francisco courts on Tuesday, Ryan warned the deal would result in a "degraded" experience for PlayStation gamers.
- 06/28/2023
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‘The Flash' gets off to a slow start, with $55 million opening weekend
- DC and Warner Bros.' WBD, -2.51% long-in-the-works superhero movie “The Flash” opened to $55 million in its first three days in North American theaters, according to studio estimates on Sunday.
- 06/18/2023
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SONY Increases 30% YTD: Will the Upward Trend Continue?
- SONY's performance is gaining from momentum in the GN&S, Music and Pictures segments.
- 06/16/2023
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3 Audio Video Stocks Worth Watching in a Thriving Industry
- Investments in technology solutions that enhance communications experience are likely to aid the Zacks Audio Video Production industry participants like Sony Corporation (SONY), GoPro (GPRO) and LiveOne (LVO). However, stiff competition from low-priced device importers is a concern.
- 06/15/2023
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Sony: Apple Vision Creates Potential For Growth
- The Apple Vision spatial computing headset can boost Sony's growth due to the company's advanced imaging and sensing solutions used in devices like Apple's headset. Sony's gaming segment, including its PS VR2, is expected to grow alongside Apple's VR gaming market, while Sony Pictures may benefit from a shift in public preference towards animated works. Despite near-term challenges in the gaming segment, Sony's future prospects appear bright, making it a strong buy for 2023.
- 06/14/2023
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Zee-Sony Deal Under Scrutiny
- India's capital markets regulator says Zee Entertainment Enterprises Ltd. faked the recovery of loans, linked to private financing deal.
- 06/14/2023
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Beatles to release ‘final' song thanks to AI, but who will own it?
- Beatles fans will finally get a taste of a new song from the band over fifty years after the UK rock group last released an album. Paul McCartney, one of the band's two remaining members, confirmed a “final” track featuring the late John Lennon on vocals would be released this year thanks to artificial intelligence.
- 06/13/2023
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India's Zee shares fall as Sony merger delay worries resurge after SEBI promoter ban
- Shares of India's Zee Entertainment fell nearly 7% on Tuesday, a day after the markets regulator barred its promoters from holding board positions in any listed company for one year, potentially delaying its merger with a unit of Sony.
- 06/13/2023
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Sony is most at risk by Apple's moves into the gaming sector, says Wedbush's Michael Pachter
- Michael Pachter, Wedbush Securities, joins 'Closing Bell Overtime' to discuss Apple's 'Vision Pro' headset and what the launch means for the gaming sector-at-large.
- 06/05/2023
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5 Things to Know Before Markets Open
- Saudi Arabia will cut oil production by 1 million barrels this summer and Apple prepares to release its new VR headset. Here's what investors need to know today.
- 06/05/2023
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CD Projekt shoots down rumor of sale to Sony
- CD Projekt, a Polish video game developer and publisher of the popular The Witcher game, has officially denied a persistent rumor that it is in talks with Sony about being acquired, asserting that no negotiations are taking place. “I can repeat what we've been saying throughout the year, CD Projekt is not for sale,” CD Projekt CEO Adam Kiciński said during the company's quarterly investor call.
- 05/30/2023
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Sony's PS5 streaming Project Q handheld will launch this year
- Project Q is real, and it's coming soon, the company confirmed during today's PlayStation Showcase event. Jim Ryan, the President & CEO of Sony Interactive Entertainment, confirmed the upcoming handheld's existence.
- 05/24/2023
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SONY Expands its Global Reach With Proactiv Majority Stake
- SONY takes a majority stake in Proactiv Entertainment to further expand its position in the global entertainment industry.
- 05/23/2023
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SONY Mulls Partial Spin-Off of Financial Services Segment
- SONY's assessment involves holding slightly less than 20% of the shares of Sony Financial Group which enable the latter to leverage the Sony brand.
- 05/18/2023
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'Foreign investors are back': Japan stocks surge to their highest since 1990
- Japan's Topix marked a 33-year high on revived hopes for Japanese equities, with the index outperforming its regional peers year-to-date.
- 05/16/2023
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Hollywood writers go on strike, saying they face ‘existential crisis'
- Hollywood writers are on strike for the first time in 15 years, halting production of TV shows and movies.
- 05/02/2023
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Sony shares tumble on weaker-than-expected annual outlook
- Sony Group Corp's shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate's annual profit outlook fell short of market expectations.
- 05/01/2023
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Reviewing Stock Samplers With "Rule Breaker Investing"
- How have the stocks in "5 Stocks for the Coronavirus" and "5 Stocks to Teach You Rule Breakers" been doing?
- 04/29/2023
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SONY's Q4 Earnings and Revenues Beat Estimates, Rise Y/Y
- SONY's fourth-quarter fiscal 2022 performance benefits from solid momentum in G&NS and Music sales.
- 04/28/2023
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Sony's PlayStation 5 sales hit record high but profit forecast disappoints
- Sony has reported stronger-than-expected profits for fiscal 2022, boosted by record sales of its PlayStation 5 gaming console. For the financial year ended March, the Tokyo-based company achieved net income of ¥937 billion, above Sony's guidance of ¥870 billion and the ¥882 billion reported in the year-ago quarter.
- 04/28/2023
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Sony Group Corporation (SONY) Q4 2022 Earnings Call Transcript
- Sony Group Corporation (SONY) Q4 2022 Earnings Call Transcript.
- 04/28/2023
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Sony profit up 15%, boosted by image sensors, music business
- Sony Group Corp. said Friday that its fourth-quarter net profit rose 15% from a year earlier as greater earnings from its image sensors and music businesses helped offset weakness in the games and entertainment tech businesses.
- 04/28/2023
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Sony posts record annual profit boosted by chips and all-time high PlayStation 5 sales
- Sony said it sold 19.1 million PlayStation 5 units in its fiscal year, beating its own forecast of 18 million units.
- 04/28/2023
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Sony posts record annual profit driven by chip, music units
- Sony Group Corp on Friday posted a record annual profit due to strong performance at its music and microchip units, but the company predicted a smaller profit for the year to next March.
- 04/28/2023
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Triller to pay Sony Music $4.5 million in US music rights case
- TikTok rival Triller Inc has agreed to pay Sony Music Entertainment more than $4.5 million to resolve claims that Triller breached an agreement covering its use of musicians' songs on the platform, according to a Wednesday filing in Manhattan federal court.
- 04/27/2023
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Microsoft's Activision Loss Is Sony's Gain
- It isn't easy to play well against an opponent like Microsoft. But Sony has scored a surprise win in the first round of the videogame merger wars—thanks to the U.K. government.
- 04/27/2023
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Can Videogame Makers Overcome the Lean Patch in Sales?
- All major videogame makers like Microsoft Corporation (MSFT), Sony Corporation (SONY) and Electronic Arts (EA) and Activision Blizzard (ATVI) are trying to bounce back from their recent lows.
- 04/26/2023
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Sony's PlayStation 5 sales expected to boost full-year profit: PREVIEW
- Sony's latest financial results are being highly anticipated by investors after the technology and media group raised its full-year profit forecast following an earnings beat in the third quarter on record PlayStation 5 console sales. The Tokyo-based group is set to hand down its results for the fiscal fourth quarter 2022 and fiscal 2022, which ended on March 31, 2023, before the market opens on Friday, April 28.
- 04/24/2023
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Sony to acquire Seattle-area game development firm Firewalk Studios from ProbablyMonsters
- Sony announced Thursday that it will acquire Firewalk Studios from Bellevue, Wash.
- 04/20/2023
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Dust Down Your Sony Walkman, Cassette Sales Are Soaring Again
- It seems both those brought up with endless streaming options and those of a certain vintage who remember them with affection are returning to the humble cassette, helped by the once ubiquitous Sony Walkman appearing in hit movies and tv series.
- 04/20/2023
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‘AI isn't a threat' – Boris Eldagsen, whose fake photo duped the Sony judges, hits back
- The German artist caused uproar this week when he revealed the shot that won a prestigious award wasn't what it seemed. But, he insists, AI isn't about sidelining humans – it's about liberating artists
- 04/18/2023
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Sony brings Aitrios AI platform to small-form Raspberry Pi devices
- Sony Group Corp (NYSE:SONY)'s semiconductor division is expanding the market for its artificial intelligence (AI) technology with a strategic investment in single-board computer maker Raspberry Pi. The partnership is designed to give Raspberry Pi users a development platform for the company's Aitrios edge computing AI platform used for image-sensing functions such as facial recognition.
- 04/12/2023
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2 Top Metaverse Stocks to Buy in April
- Ticketmaster embraces virtual events and NFTs, with more metaverse ideas to come. Sony is setting the pace for sports production in the metaverse.
- 04/12/2023
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Sony backs maker of tiny Raspberry Pi computers with fresh funding, access to A.I. chips
- Raspberry Pi has received fresh investment from Sony's semiconductor unit in a deal aimed at advancing its efforts in artificial intelligence.
- 04/12/2023
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The Forever Battery
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 04/09/2023
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Sony's Rumored PlayStation Handheld Device Sounds Terrible And Totally Pointless
- The always-online handheld device doesn't work the way gamers expect mobile gaming consoles to function if the leaks are true.
- 04/06/2023
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Sony Rumored to Be Working on New Handheld Gaming Device
- A big player in portable gaming could be coming back into the fray.
- 04/05/2023
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Can Videogame Makers Bounce Back From Previous Lows?
- All major videogame makers like Microsoft Corporation (MSFT), Sony Corporation (SONY), Electronic Arts (EA) and Activision Blizzard (ATVI) are trying to bounce back from their recent lows.
- 04/04/2023
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Sony VR2 headset getting rave reviews, but sales possibly lagging
- Analysts have revised down expected sales of Sony Group Corp (NYSE:SONY)'s PlayStation VR2 headset following disappointing sales in the first weeks since launching on February 22. The Japanese tech multinational is expected to sell 270,000 of the originally estimated 300,000 units according to projects from the research firm IDC, predominantly due to reduced customer spending on discretionary items.
- 03/30/2023
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IMAX China Records RMB 28.3 Million Opening for Suzume
- IMAX China witnesses biggest ever debut of a Japanese animation film with Shikai's Suzume.
- 03/27/2023
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Sony explores blockchain technology with NFT integration for PlayStation
- (Kitco News) - Sony has filed a patent for technology that integrates NFTs into its gaming consoles and allows them to be transferred to other gaming consoles or sold to other users.
- 03/21/2023
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3 Audio Video Stocks Worth Watching in a Booming Industry
- Investments in technology solutions that enhance communications experience are likely to aid the Zacks Audio Video Production industry participants. However, High competition from low-priced device importers is a concern for Sony Corporation (SONY), Dolby Laboratories (DLB) and GoPro (GPRO).
- 03/21/2023
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3 Monster Metaverse Stocks to Buy for the Long Haul
- The metaverse is an emerging digital world (or set of virtual worlds) at the intersection of cutting-edge technology and human interaction. Sony, Matterport, and Unity Software are three very different monster stocks with diverse strengths in the metaverse market.
- 03/18/2023
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Reasons Why Investors Should Invest in SONY Stock Right Now
- SONY's performance gains from continued demand for Play Station 5 and frequent product launches.
- 03/14/2023
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SONY vs. SONO: Which Stock Should Value Investors Buy Now?
- SONY vs. SONO: Which Stock Is the Better Value Option?
- 03/10/2023
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Microsoft offers to keep Call of Duty on PlayStation for at least a decade as it seeks to close Activision deal
- Microsoft Corp. proposed a series of licenses that would allow wide availability of Activision Blizzard Inc. games to be available for at least a decade in a bid to get U.K. regulators to sign off on its $69 billion acquisition of the videogame publisher.
- 03/08/2023
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Microsoft tells UK it will license 'Call of Duty' to Sony for 10 years
- Microsoft said it would license Activision Blizzard's "Call of Duty" (CoD) to Sony for 10 years to address concerns raised by Britain over its $69 billion takeover of the games maker, according to a document published by the regulator.
- 03/08/2023
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New Strong Buy Stocks for February 23rd (Revised)
- TT, HSIC, SONY, LYV and ERII have been added to the Zacks Rank #1 (Strong Buy) List on February 23, 2023
- 03/01/2023
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Sony: My Bet For 2023
- Sony is well-positioned in several markets. Delivered solid Q3 performance even without blockbuster movies.
- 02/28/2023
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Inside the Sony-Honda Afeela concept
- If it wasn't clear earlier this year when Sony and Honda revealed the concept Afeela EV, it is now: This new joint-venture concept car is all about leveraging entertainment. The company, known as Sony Honda Mobility (SHM) is a joint venture between the Japanese entertainment and tech giant Sony, and the Japanese automaker, Honda.
- 02/27/2023
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New Strong Buy Stocks for February 23rd
- TT, HSIC, SONY, LYV and ERII have been added to the Zacks Rank #1 (Strong Buy) List on February 23, 2023.
- 02/23/2023
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Best Value Stocks to Buy for February 23rd
- HSIC and SONY made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 23, 2023.
- 02/23/2023
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SONY or SONO: Which Is the Better Value Stock Right Now?
- SONY vs. SONO: Which Stock Is the Better Value Option?
- 02/22/2023
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SONY to Launch Two New Wireless Headphones in Spring 2023
- SONY announces that it will launch two new wireless headphones, WH-CH720N and the WH-CH520, in spring 2023.
- 02/22/2023
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3 Stocks With Sales Growth to Buy Amid Persistent Inflation
- Sales growth is vital for the survival of a business, even during an economic slowdown. Everest Re (RE), Thermo Fisher (TMO) and Sony Group (SONY) are recording top-line growth.
- 02/21/2023
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Sony chip unit sees limited impact from recent export curbs to China
- Sony Group Corp's semiconductor division will likely see a limited impact from chip export curbs to China by the United States, Japan and the Netherlands, Sony Semiconductor Solutions Chief Executive Terushi Shimizu said on Thursday.
- 02/16/2023
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New Strong Buy Stocks for February 15th
- ABB, NSIT, SONY, ZTO and QTWO have been added to the Zacks Rank #1 (Strong Buy) List on February 15, 2023.
- 02/15/2023
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Best Value Stocks to Buy for February 15th
- SONY and NSIT made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 15, 2023.
- 02/15/2023
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Sony: The PlayStation Ecosystem Continues To Expand
- Sony delivered a solid holiday quarter, despite a challenging macroeconomic environment that pressured results of many leading electronics and entertainment companies. The PlayStation maker generated total group sales of approximately 3.4 trillion yen, an increase of about 13% as compared to the same period one year earlier.
- 02/13/2023
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Video Game Stocks Hit Reset Button, Face Iffy 2023
- Amid an uncertain economy, video game fans are being more cautious with their spending, adding more woes for the beaten-down sector. The post Video Game Stocks Hit Reset Button, Face Iffy 2023 appeared first on Investor's Business Daily.
- 02/10/2023
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Sony's new PlayStation VR2 headset launches on February 22 for $550 — here's how to preorder
- Sony's PS VR2 virtual reality headset requires a PlayStation 5 to use. Preorders are available now, and it's set to officially release on February 22.
- 02/06/2023
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SONY Beats Q3 Earnings Estimates, Tweaks Full-Year Guidance
- SONY's third-quarter fiscal 2022 performance benefits from strong customer demand and favorable foreign currency movement.
- 02/03/2023
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Sony Group Corporation (SONY) Q3 2022 Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q3 2022 Earnings Conference Call February 2, 2022 2:00 AM ET Company Participants Daisuke Ishii - Head of Creative Center, Sony Group Corporation Kenichiro Yoshida - Chairman, President and CEO, Representative Corporate Executive Officer Hiroki Totoki - Executive Deputy President and CFO, Representative Corporate Executive Officer Naomi Matsuoka - Senior Vice President, In charge of Corporate Planning and Control, Support for Finance Business and Entertainment Area Sadahiko Hayakawa - Senior Vice President, In charge of Finance and IR Conference Call Participants Shimai Kenta - NHK BofA Securities - Hirakawa-san Ryosuke Katsura - SMBC Securities Daisuke Ishii Ladies and gentlemen, thank you for joining us today, despite short notice. We would like to start the press conference for the announcement of changes to Sony Group's Management Structure.
- 02/02/2023
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Sony CFO to lead entertainment-electronic giant as president
- Sony appointed a veteran executive as its president Thursday to lead the Japanese electronics and entertainment conglomerate through changing times, and reported a decline in its profit in the last quarter.
- 02/02/2023
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Sony profit falls as movie business earnings weaken and cuts revenue forecast
- Sony Group Corp.'s third-quarter net profit fell 5.6% from a year earlier due to weaker earnings from its movie business, it said Thursday.
- 02/02/2023
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VR nightmare: Sony slashes virtual reality headset output
- Disappointing pre-order numbers have forced Japanese technology conglomerate Sony Group Corp (NYSE:SONY) to slash the output of its upcoming VR2 gaming headset by up to 50%, sources have stated. Sources told Bloomberg that Sony has revised shipments from two million to one million units of the headsets which, at a launch price of US$549, are nearly 40% more expensive than the PlayStation 5 gaming console required to use the device.
- 01/31/2023
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SONY Gears Up to Report Q3 Earnings: Here's What to Expect
- SONY's third-quarter fiscal 2022 revenues are likely to have benefited from sales growth in the Music and Pictures segments. However, weak global macroeconomic conditions are likely to have acted as dampeners.
- 01/30/2023
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Sony Spends A Record $140 Million On The Crown
- Season 5 of royal docudrama The Crown is the most expensive instalment in the history of the show with production costs hitting $143.3 million.
- 01/28/2023
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Sony's gaming chief met EU's Vestager on Microsoft's Activision deal -source
- Sony's gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday to discuss Microsoft's $69 billion bid for "Call of Duty" maker Activision Blizzard , a person familiar with the matter said on Thursday.
- 01/26/2023
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PCRFY vs. SONY: Which Stock Is the Better Value Option?
- PCRFY vs. SONY: Which Stock Is the Better Value Option?
- 01/20/2023
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Sony: Quality Franchise Set For Stable Earnings Growth
- Recent trading at Sony has been soft, given the high hurdles YoY in the PlayStation franchise. Despite this, it has outperformed the majority of its high-growth tech peers and remains on a stable growth trajectory.
- 01/17/2023
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Sony and Honda unveil Afeela, Bird Buddy launches a new smart feeder, and Amazon secures an $8B loan
- Hey, folks, it's Kyle, filling in for Greg, who's out for the next few weeks on parental leave. While he enjoys time with his beautiful, healthy newborn (what better gift for the holidays, eh?
- 01/07/2023
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AI evolution is raising ‘important questions' about ethics, Sony research scientist says
- This segment originally aired on January 5, 2023. Sony Group Corporation Global Head of AI Ethics & Sony AI Lead Research Scientist Alice Xiang speaks with Yahoo Finance tech reporter Allie Garfinkle at the CES 2023 event in Las Vegas about artificial intelligence, ethical data collection, and how AI factors into Sony games and products.
- 01/07/2023
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Sony: Japanese Emperor With Diversified Growth
- Sony Group Corporation is a Japanese electronics company which is a leader in gaming, camera sensors, and even music. In Q2 FY22, Sony reported strong growth across the majority of its business segments.
- 01/06/2023
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Sony Honda Mobility weighs future IPO for electric vehicle joint venture
- The chairman of Sony Honda Mobility said on Thursday the electric vehicle joint venture is considering a stock offering as one option to raise cash in the future, though those discussions are preliminary.
- 01/05/2023
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Here's What Chipmakers Have In Mind For The Tech World In 2023
- Chipmakers are making their presence felt at the CES 2023 tech show, showing off high-end PCs, smart cars and virtual reality. The post Here's What Chipmakers Have In Mind For The Tech World In 2023 appeared first on Investor's Business Daily.
- 01/05/2023
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Sony's new "Afeela" electric vehicle with Honda to use Qualcomm tech, companies say
- Sony and Honda's electric vehicle joint venture will work closely with U.S. firm Qualcomm Inc on the new "Afeela" cars, the chief executive of Sony Honda Mobility, Yasuhide Mizuno, told the CES 2023 technology trade show in Las Vegas on Wednesday.
- 01/04/2023
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Sony Honda Mobility Afeela car will debut in 2026 with Qualcomm tech
- Sony announced that its Sony Honda Mobility car will debut in 2026 using Qualcomm technology.
- 01/04/2023
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Sony Playstation VR will launch with at least 30 titles
- Sony PlayStation chief Jim Ryan said the PlayStation VR will launch with at least 30 titles, including a newly announced VR version of Gran Turismo.
- 01/04/2023
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Sony aims to make PlayStation more accessible with Project Leonardo controller
- Sony has been embracing accessibility options in its games for a few years now, but one place it has lagged behind perennial rival Microsoft is in accessible hardware. They aim to change that with Project Leonardo, a new gaming controller aimed to be customizable to the needs of any person.
- 01/04/2023
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Don't Write Off The Metaverse Just Yet, Tech Show Official Says
- The metaverse remains a hot area among companies exhibiting at CES 2023, despite tepid interest so far in current consumer offerings The post Don't Write Off The Metaverse Just Yet, Tech Show Official Says appeared first on Investor's Business Daily.
- 01/04/2023
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SONY to Invest 800 Billion Yen in Western Japan: Key Takeaways
- SONY aims to invest 800 billion yen to construct a factory to produce smartphone image sensors.
- 12/20/2022
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3 Metaverse Stocks to Buy Right Now
- Autodesk, Sony, and Apple are all creeping into the metaverse.
- 12/18/2022
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What Does 2023 Have in Store for Growth Stocks, Electric Vehicles, and More?
- It's time to lawyer up!
- 12/17/2022
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Sony plans smartphone sensor factory in Japan - Nikkei
- Sony Group Corp is considering building a new factory to make smartphone image sensors in the Kumamoto prefecture of Japan, Nikkei reported on Thursday.
- 12/15/2022
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Can 2023 Turn the Fortunes of a Slowing Video Game Market?
- Videogame sales are finally picking up after a poor show almost throughout the year. This might help industry leaders like Microsoft Corporation (MSFT), Sony Corporation (SONY) and Electronic Arts (EA) and Activision Blizzard (ATVI) in the near term.
- 12/15/2022
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Uber settles with Chicago, Microsoft offers Sony Call of Duty deal, Facebook threatens to pull news
- Yahoo Finance Live's Julie Hyman reports on notable business headlines which include Uber reaching a $10 million settlement with the city of Chicago for non-consented listings, Microsoft offering Sony a 10-year Call of Duty deal, and Meta threatening to pull news from Facebook.
- 12/06/2022
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Sony technologically ready to make humanoid robots once usage becomes clear
- Sony Group Corp said on Tuesday it was technologically ready to make humanoid robots, but that it should be identified first for what purpose such robots can be useful.
- 12/06/2022
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Microsoft offers Sony 10-year contract for 'Call of Duty' releases on PlayStation - WSJ
- Microsoft has offered Sony a 10-year contract to make each new "Call of Duty" release available on PlayStation the same day it comes to Xbox, according to an opinion piece in the Wall Street Journal on Monday from a Microsoft executive.
- 12/05/2022
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SONY to Roll Out Mocopi Sensors in Late January: Key Takeaways
- SONY's wearable lightweight sensors will aid users to operate their avatars with compatible services in real time.
- 11/29/2022
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Sony steps up metaverse offering with Mocopi motion capture device
- Sony has unveiled its latest virtual reality device in the Japanese consumer technology giant's most recent foray into the metaverse-adjacent market. Using six coloured ‘pucks' attached to your limbs and head, Mocopi connects to a mobile application downloadable on Android and iPhone devices.
- 11/29/2022
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Sony to expand Chinese game incubator in Microsoft head-to-head
- Sony Group Corp said on Tuesday it plans to expand a programme to identify and incubate Chinese-made games, in a race with Microsoft Corp to tap China's gaming market.
- 11/22/2022
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Can Videogame Makers Bounce Back From Their 2022 Lows?
- All major videogame makers like Microsoft Corporation (MSFT), Sony Corporation (SONY) and Electronic Arts (EA) and Activision Blizzard (ATVI) are trying to bounce back from their recent lows.
- 11/16/2022
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Sony: A Japanese Beauty
- Sony is active across multiple industries including gaming, sensor imaging, movies, music, and all sorts of hardware. Sony has great exposure to multiple strong growth sectors which should drive growth over the next couple of years.
- 11/14/2022
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SoftBank, NEC, Sony, Toyota + more team up for Rapidus, Japan's bid for next-gen chip domination
- As the tech war between the U.S. and China intensifies, Japan has spotted an opening to build a viable alternative for semiconductors — not least so that its own consumer electronics firms do not run out of memory chips.
- 11/11/2022
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Sony's new PlayStation VR2 headset launches in February 2023 for $550 — here's how to preorder
- Sony's PS VR2 virtual reality headset will require a PlayStation 5 to use. Preorders launch November 15, and you can sign up for an invitation now.
- 11/04/2022
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Sony: Time To Buy Again
- Sony delivered a better than expected September quarter, and raised its fiscal year operating profit outlook to about $7.8 billion. If Sony would indeed achieve the said target, then the SNEJF stock would effectively be trading at about x12 EV/Operating Income.
- 11/03/2022
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Sony's PlayStation VR 2 headset to launch at £530
- A follow-up to the company's 2016 PlayStation VR is due to be released in February 2023
- 11/02/2022
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Sony shares jump 9% after profit forecast hike
- Shares in Sony Group Corp leapt 9% on Wednesday morning in Tokyo after the entertainment conglomerate raised its full year profit forecast in contrast to lacklustre projections by many industry peers.
- 11/01/2022
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Why Sony Group Stock Was Up on Tuesday
- Management just raised their 2022 outlook.
- 11/01/2022
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Sony Group Corporation (SONY) Q2 2022 Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q2 2022 Earnings Conference Call November 1, 2022 3:00 AM ET Company Participants Hiroki Totoki - Executive Deputy President and CFO Sadahiko Hayakawa - Senior Vice President, in-charge of Finance and IR Conference Call Participants Kentaro Tsutsumi - Nikkei Yamasaki - Kyodo News Agency Shimai Kenta - NHK Toyokasei - Sasaki Masahiro Ono - Morgan Stanley MUFG Junya Ayada - JPMorgan Securities Kenji Yasui - UBS Securities Ryosuke Katsura - SMBC Nikko Securities Operator We'd now like to begin Sony Group Earnings Announcement. I'll be serving as the Moderator.
- 11/01/2022
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SONY's Q2 Earnings & Revenues Increase Y/Y, Guidance Raised
- SONY second-quarter fiscal 2022 performance benefited from strong customer demand and favorable foreign currency movement.
- 11/01/2022
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The Weak Yen Means a Strong Sony---for Now
- Sony's September-quarter results were unexpectedly strong, but the company can't claim much credit.
- 11/01/2022
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Sony hikes net profit forecast as weak yen boosts business
- Sony raised its annual net profit and sales forecasts on Tuesday, saying the weak yen had boosted its bottom line in sectors including gaming, music and movies.
- 11/01/2022
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Why Sony (SONY) Might Surprise This Earnings Season
- Sony (SONY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 10/31/2022
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Call of Duty's latest battle is between Microsoft and Sony
- Hunting down your enemies on the bustling streets of Amsterdam, along the U.S.-Mexico border or in a Middle Eastern fishing village is just part of the intense action in the latest Call of Duty video game.
- 10/27/2022
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Microsoft powers up search for Chinese gaming hits in race against Sony
- Microsoft Corp is stocking up on Chinese video game content to emulate Sony Group Corp's success with "Genshin Impact", sources said, solidifying China's transition from a land only of players to a hub of blockbuster developers.
- 10/24/2022
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The great podcast robbery? Sony and Spotify accused of stealing shows
- The media giants have allegedly released ‘new' podcasts mirroring those made by the likes of Gizzi Erskine and Pandora Sykes. So why is it so hard to make a case against them?
- 10/21/2022
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Sony and Honda plan to start U.S. deliveries of their electric vehicle in 2026
- This week's news builds on previous communications about the joint venture.
- 10/13/2022
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Sony and Honda envision an EV that entertains while it takes the wheel
- Sony and Honda have officially launched their joint mobility venture that aims to start delivering premium electric vehicles with automated driving capabilities in the United States in the spring of 2026, followed by Japan in the second half of 2026.
- 10/13/2022
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Honda and Sony team up for EV
- Yahoo Finance's Pras Subramanian joins the Live show to discuss Honda and Sony teaming up for the development of a new EV.
- 10/13/2022
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SONY Establishes Mobility Business Joint Venture With Honda
- The electric vehicles??? production under SONY's mobility joint venture with Honda is set to be carried out at Honda?
- 10/13/2022
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SONY Unveils Self-Fitting CRE-C10 & CRE-E10 OTC Hearing Aid
- SONY launches CRE-C10 and CRE-E10 self-fitting over-the-counter hearing aid.
- 10/13/2022
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Sony, Honda aim to deliver premium EV with subscription fees in 2026
- A joint venture set up by Japan's Sony Group Corp and Honda Motor is aiming to deliver its first electric vehicles by 2026 and will sell them online, starting in the United States and Japan.
- 10/12/2022
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Microsoft says UK influenced by Sony in probing Activision Blizzard deal
- Microsoft said Britain's competition regulator had relied on objections from its rival Sony in referring its $69 billion Activision Blizzard deal to an in-depth inquiry, in particular "misplaced" concerns about 'Call of Duty'.
- 10/12/2022
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Sony: Good Value + Low Price = Buy
- The game console market is very competitive, but Sony is steadily keeping afloat. Sony studios are very successful, with games constantly appearing at the top of sales charts.
- 10/06/2022
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Can Videogame Makers Withstand the Ongoing Challenges?
- All major videogame makers like Microsoft Corporation (MSFT), Sony Corporation (SONY) and Nintendo (NTDOY) have been suffering due to poor videogame sales.
- 10/04/2022
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Sony Bets Big on Next VR Headset
- Sony Group Corp. plans to make 2 million units of the PlayStation VR2 headset by March next year, according to people familiar with the matter. Vlad Savov reports on Bloomberg Television.
- 10/03/2022
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Hennessy Japan Fund Enters 2 Holdings, Slims Top Holding Sony
- Hennessy Japan Fund (Trades, Portfolio), part of California-based Hennessy Advisors Inc. ( HNNA , Financial), disclosed that its top five trades during its fiscal third quarter included new positions in Tokio Marine Holdings Inc. ( TSE:8766 , Financial) and ORIX Corp. ( TSE:8591 , Financial), reductions to its holdings in Sony Group Corp. ( TSE:6758 , Financial) and Recruit Holdings Co. Ltd. ( TSE:6098 , Financial) and the closure of its position in Nitori Holdings Co. Ltd.
- 09/29/2022
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Sony Just Unveiled A Truly Excellent PlayStation Plus Lineup For October
- Hot Wheels Unleashed joins two other excellent games for next month's PlayStation Plus Essential lineup.
- 09/28/2022
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3 Audio Video Stocks to Watch in a Challenged Industry
- High competition from comparatively low-priced device importers weighs on the Zacks Audio Video Production industry. Nonetheless, investments in technology solutions that enhance communications experience are likely to aid Sony Corporation (SONY), Sonos (SONO) and LiveOne (LVO).
- 09/23/2022
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'The Woman King' poised for big box office run after surprisingly strong opening weekend
- During a lull in the movie calendar, "The Woman King" is generating the kind of buzz, and ticket sales, that the box office desperately needs.
- 09/19/2022
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Sony announces State of Play for September 13
- Sony surprise-announces its fall State of Play the day before it airs, and it will feature games from Japanese developers.
- 09/12/2022
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Sony's PlayStation 5 is still hard to find nearly 2 years after launch — here are the latest details on where to buy a PS5
- The PlayStation 5 continues to be in high demand, but we've got the latest details on restocks and tips for finding the console online and in stores.
- 09/06/2022
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Can the Videogame Industry Overcome Its Recent Challenges?
- All major videogame makers like Microsoft Corporation (MSFT), Sony Corporation (SONY), Nintendo (NTDOY) and Activision Blizzard (ATVI) have been suffering owing to poor videogame sales.
- 09/05/2022
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Nationwide $3 movie ticket deal draws 8.1 million moviegoers, with sales topping $24 million
- A $3 movie ticket promotion meant to boost sales at theaters nationwide drew in a record number of customers Saturday.
- 09/04/2022
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Microsoft's New Xbox Game Pass Announcement Is Bad News For Sony And The PS5
- The console wars, like the culture wars, are kind of silly but they do produce some key advantages for consumers.
- 09/02/2022
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Mario Gabelli's Gabelli Asset Fund 2022 Semiannual Report
- To Our Shareholders,
- 08/31/2022
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Sony PlayStation faces $5.9 billion class-action lawsuit
- Sony SONY, -1.44% PlayStation is facing a class-action lawsuit in London that could seek up to $5.9 billion in damages over allegations of overcharging customers for video games and in-game purchases.
- 08/31/2022
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Tencent and Sony purchase shares in From Software
- From Software's parent company today announced it's offering shares in its company to Tencent via Sixjoy and Sony Interactive Entertainment.
- 08/31/2022
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SONY Plans to Tap Mobile Gaming Market With Savage Game Buyout
- Sony announces the acquisition of Savage Game Studios for an undisclosed amount to further bolster its mobile gaming efforts.
- 08/30/2022
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Sony sets up a PlayStation mobile gaming division in a major push beyond consoles
- Sony has dominated console gaming for several years, thanks to the PlayStation. But the company is now looking to diversify into the lucrative mobile market.
- 08/30/2022
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Sony acquires Savage Game Studios, announces new PlayStation Studios Mobile Division
- Sony is acquiring mobile game developer Savage Game Studios, the company announced on Monday. The financial terms of the deal were not disclosed.
- 08/29/2022
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Sony Launches 'PlayStation Studios Mobile' With Latest Acquisition
- The gaming giant buys mobile developer Savage Game Studios.
- 08/29/2022
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Sony to buy mobile game developer in push beyond consoles
- Sony Group Corp on Monday said it will acquire Helsinki and Berlin-based mobile games business Savage Game Studios for an undisclosed amount as part of a major push by the Japanese conglomerate beyond console gaming.
- 08/29/2022
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Consumer Gloom Spreads to Electronics as Powell Steps Up to Speak
- As Wall Street fixates on what Federal Reserve Chairman Jerome Powell's Jackson Hole speech means for interest rates, Main Street continues to wrestle with a spending crunch.
- 08/26/2022
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Here's What A PS5 Will Cost In Your Region After Sony's Unprecedented Price Increase
- The PlayStation 5 is about to get more expensive in multiple markets. Here's how much it's going to cost in each region.
- 08/25/2022
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Here's where Sony is raising PlayStation 5 prices
- The Japanese entertainment conglomerate said there would be no price increase in the US.
- 08/25/2022
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Amazon shuts down telehealth service, Warner Bros. delays movies, Sony hikes PlayStation price
- WARNERBROS Yahoo Finance's Julie Hyman breaks down leading business stories on the end of Amazon Care, Warner Bros. delaying 'Aquaman' and the 'Shazam' sequel, and Sony hiking PlayStation prices in international markets.
- 08/25/2022
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Sony is raising PS5 prices in most markets amid ‘high global inflation'
- Here's another headache for gamers trying to get their hands on a PlayStation 5.
- 08/25/2022
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SONY Stock Alert: 8 Things to Know as Sony Raises PlayStation Prices
- Source: Roman Kosolapov / Shutterstock.com Sony (NYSE: SONY ) stock is a hot topic on Thursday after the company increased the price of its PlayStation 5 gaming console. Let's go over everything you need to know about these price hikes.
- 08/25/2022
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Sony blames global inflation for PlayStation profit hikes
- Sony Group Corp (NYSE:SONY) is raising the prices of PlayStation 5 and PlayStation 5 Digital Edition in select markets starting today. The rises come just a day after Sony was sued for £5bn over PlayStation store prices as 9mln claimants alleged the company is ripping off consumers with overpriced games and in-game purchases.
- 08/25/2022
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Sony raises PlayStation 5 prices in most markets citing ‘challenging economic conditions'
- Sony is raising the price of its current generation console PlayStation 5 in most major markets, citing “challenging economic conditions” such as high global inflation rates and adverse currency trends.
- 08/25/2022
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Sony hikes the price of its PlayStation 5 console because of soaring inflation
- Sony on Thursday raised the recommended retail price of its PlayStation 5 games console in several international markets citing the global economic environment.
- 08/25/2022
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Guild Esports expands partnership with Sony in 'six figure' deals
- Guild Esports PLC (LSE:GILD, OTC:GULDF) said it signed a “significant expansion” to its partnership with Samsung with a new sponsorship agreement and the renewal of an existing deal. The new deal concerns Samsung's TV/AV division and appoints Guild Esports as the esports company's official TV partner in the UK and Ireland for the next year.
- 08/25/2022
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Sony hikes PS5 price on rising interest rates
- Sony Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including rising interest rates.
- 08/25/2022
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These Are The Top 10 Holdings Of Patrick Degorce
- Patrick Degorce is the founder and chief executive officer (CEO) of Theleme Partners.
- 08/23/2022
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SONY Reportedly Faces Lawsuit Due to Higher Pricing in UK
- Sony faces lawsuit due to overpricing millions of PlayStation customers in the UK, per a Financial Times report.
- 08/23/2022
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eBay buys TCGplayer, Sony PlayStation sued in UK, ‘House of the Dragon' draws nearly 10 million
- Yahoo Finance anchor Julie Hyman reports the latest notable business headlines including eBay acquiring TCGplayer, Sony's PlayStation being sued in the UK for allegedly overcharging consumers in their online store, and HBO's Game of Thrones prequel ‘House of the Dragon' debuting to nearly 10 million viewers.
- 08/23/2022
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Sony PlayStation faces £5bn lawsuit over allegations it 'ripped off' consumers - report
- Nine million claimants are suing Sony PlayStation for £5bn for allegedly ripping off consumers with overpriced games and in-game purchases, according to reports. Consumer rights advocate Alex Neill filed a collective action against the gaming giant which claims Sony Playstation abused its market power to impose unfair terms and conditions on game developers and publishers, driving up consumer prices, Sky claimed.
- 08/22/2022
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Sony PlayStation being sued for £5 billion amid claims it 'ripped off' nine million consumers
- Sony PlayStation is being sued for £5 billion by nine million claimants amid accusations it "ripped people off" with overpriced games and in-game purchases.
- 08/22/2022
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Will Microsoft Beat Sony in the Console War?
- As gaming shifts to a multiple platform strategy, it is becoming Microsoft's race to lose.
- 08/19/2022
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Can the Videogame Industry Bounce Back From Its Recent Lows?
- All major videogame makers like Microsoft Corporation (MSFT), Sony Corporation (SONY), Nintendo (NTDOY) and Activision Blizzard (ATVI) have reported a decline in gaming revenues in the second quarter.
- 08/17/2022
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Video game giants had a miserable second quarter as the pandemic gaming boom hits a wall
- Microsoft, Sony and Nintendo each reported a fall in quarterly video game sales. The main reason?
- 08/07/2022
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Sony Group Corporation (SONY) on Q1 2022 Results - Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q1 2022 Earnings Conference Call July 29, 2022 3:00 AM ET Company Participants Hiroki Totoki - Executive Deputy President and Chief Financial Officer Naomi Matsuoka - SVP in charge of Corporate Planning and Control, Support for Finance Business and Entertainment Area Sadahiko Hayakawa - SVP in charge of Finance and IR Conference Call Participants Yuri Furukawa - Bloomberg Masahiro Ono - Morgan Stanley Junya Ayada - JP Morgan Yasuo Nakane - Mizuho Securities Ryosuke Katsura - SMBC Nikko Shoken Operator Now it's time to start Sony Group Incorporated consolidated announcement. My name is Okada from PR, and I'll be facilitator for this meeting.
- 07/29/2022
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Sony cuts full-year outlook amid forecasts of declining gaming sales
- Yahoo Finance tech editor Dan Howley discusses Sony's recent earnings report, which offered bleak guidance for the remainder of the year.
- 07/29/2022
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Sony revises profit forecasts down 16% as gaming sector continues to take post-pandemic hit
- After Sony Group Corp (NYSE:SONY) issued a profit warning on weaker PlayStation game sales, it has become evident the video gaming sector has taken a brutal hit post-pandemic. The electronics and information technology provider revised its profit forecast down by 16% for its gaming business, according to Reuters.
- 07/29/2022
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Sony sees profit rise despite waning interest in video games
- Sony's profit edged up 3% in the last quarter, weathering production setbacks from COVID-19 lockdowns in Shanghai and a trend away from video gaming as pandemic restrictions eased elsewhere.
- 07/29/2022
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Sony posts 9.6% rise in Q1 profit
- Japan's Sony Group Corp on Friday posted a 9.6% rise in first-quarter operating profit, beating analyst estimates.
- 07/29/2022
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Here's What to Expect Ahead of Sony's (SONY) Q1 Earnings
- Sony Group's (SONY) Q1 top line is likely to reflect benefits from sales growth in GN&S and Music segments. However, supply chain woes and weak global macroeconomic conditions are likely to have acted as dampeners.
- 07/26/2022
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Sony Licenses PlayStation-Based Toys And Collectibles To Spin Master
- Sony's game division has licensed toy and collectible rights to Spin Master for its PlayStation brand and its first-party titles, a deal that affects franchises such as God of War, The Last of Us, and Uncharted.
- 07/20/2022
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Can the Videogame Industry Bounce Back From Its Lows?
- Console and videogame makers like Microsoft (MSFT) Sony (SONY), Nintendo (NTDOY), Activision Blizzard (ATVI) and Electronic Arts (EA) had a great 2020 and 2021 but have witnessed a decline in sales lately.
- 07/20/2022
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One video game stock to see you through a dull market
- With talks of an ensuing recession looming above the markets, investors may be looking for industries and stocks that could.
- 07/19/2022
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Sony launches new loyalty program for all PlayStation gamers
- Yahoo Finance Live's Rachelle Akuffo looks at Sony's new rewards program for PlayStation users.
- 07/15/2022
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The Next Subscription War Will Be Sony vs. Microsoft -- Here's Why
- The companies are duking it out for the best game-subscription service.
- 07/15/2022
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Sony is launching a new loyalty program ‘PlayStation Stars' to reward gamers
- Today, Sony introduced a new loyalty program called PlayStation Stars that will give gamers loyalty points and rewards. The program is free to join and launches later this year, the company announced.
- 07/14/2022
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SONY Unveils Portable Speakers With Dual Passive Radiators
- SONY launches three new speaker models - SRS-XG300, SRS-XE300 and SRS-XE200.
- 07/12/2022
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Sony Is Still A Secular Growth Story, After Decades Of Value Accumulation
- Sony is one of the world's largest electronics companies with a strong portfolio for consumer, professional, and industrial markets. I believe Sony is poised to benefit from multiple secular growth drivers: OLED micro-displays, SPAD sensors, gaming, content, VR headset, virtual production tools.
- 07/10/2022
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Sony Stock Dipped. Recession Risk Led to Analyst Downgrade.
- Citi Research analyst Kota Ezawa downgraded Japan-listed stock of consumer-electronics Sony to Neutral from Buy.
- 07/05/2022
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Sony Walkman launched 43 years ago, Kohl's stock plummets, some McDonald's end $1 drinks
- Yahoo Finance's Seana Smith, Rachelle Akuffo, and Dave Briggs discuss three stocks to watch today: Sony, Kohl's, and McDonald's.
- 07/01/2022
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Nintendo vs. Alphabet: Which Looks Like a Better Buy Pre-Split?
- Stock splits have gained serious traction over the last several years. Generally, a company performs a stock split for a practical reason - the stock price has become too expensive, causing a barrier to entry for potential investors, grinding down overall trading volume.
- 07/01/2022
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SONY Introduces INZONE to Tap Growing Demand for Gaming Gear
- SONY launches a new gaming gear brand - INZONE. It features two gaming monitors and three headsets.
- 06/29/2022
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Sony looks beyond the PlayStation 5 with its own brand of PC gaming gear
- Sony is launching two PC gaming monitors and three headsets under a new brand called Inzone.
- 06/29/2022
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Sony launches PC gaming gear, expanding beyond PlayStation
- Japan's Sony is launching a new brand that will offer PC gaming gear, the company announced Wednesday, as it tries to compete for a share of the lucrative gaming peripherals market.
- 06/29/2022
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Sony accelerates PC gaming push with Inzone gear
- Sony Group Corp said on Wednesday it's launching a new line of headphones and monitors targeting the growing PC market for videogames as the Japanese conglomerate looks beyond its core PlayStation console gaming audience.
- 06/28/2022
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Sony: Sum Of The Parts Analysis Reveals Massive Upside
- Sony is a leading company in four massive categories, yet it carries a market cap of around $100 billion. A comparison to its competitors shows the company is worth at least 50% more.
- 06/21/2022
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2 Tech Stocks to Ride on the Booming Virtual Reality Market
- Here we present two technology stocks, AAPL and QCOM, which are poised to benefit from the growing adoption of virtual reality technology.
- 06/21/2022
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Honda and Sony kick start electric car joint venture
- Honda Motor (NYSE:HMC) and Sony Group Corp (NYSE:SONY) officially launched a joint venture yesterday to build and sell electric vehicles (EVs), as the Japanese car maker plays catch up in the race for eco-friendlly mass produced cars. The newly-established company, Sony Honda Mobility Inc, will "engage in the sale of high-value-added electric vehicles (EVs) and provide services for mobility," according to a joint statement.
- 06/17/2022
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Sony, Honda sign JV to sell electric cars by 2025
- Japan's Sony and Honda Motor on Thursday officially agreed to an equally owned joint venture that will start selling electric cars in 2025.
- 06/16/2022
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Can Sony's PlayStation 5 Crush the Xbox's Resurgence With This Move?
- The Japanese entertainment giant is trying to give its video gaming business a boost.
- 06/16/2022
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The new PlayStation Plus is Sony's answer to Xbox Game Pass — here's a breakdown of the tiered plans and what games are included with each
- PlayStation Plus is an essential service for online play on Sony's consoles. Extra and Premium plans add even more features and hundreds of games.
- 06/14/2022
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SONY Introduces Two Walkman With Enhanced Audio Quality
- SONY unveils two music players, the NW-WM1ZM2 and NW-WM1AM2, priced at $3,699.99 and $1,399.99, respectively.
- 06/14/2022
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Multi-Billion-Dollar Bids For Cricket Rights Are Expected From Disney, Sony And Reliance In Duel With Global Streaming Implications
- Today is the day when bids are to be submitted for rights to the Indian Premier League, a cricket league whose games are a massive draw across South Asia and other parts of the world and have helped propel Disney's global rollout of Disney+. After taking on cricket as part of its $71.3 billion acquisition...
- 06/12/2022
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Media giants in pitch battle for India cricket rights
- Disney, Sony and India's Reliance will vie on Sunday for media rights to Indian Premier League (IPL), the world's richest cricket league, expected to fetch up to $6 billion.
- 06/12/2022
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Sony says former CEO Idei has died
- Sony Group Corp on Tuesday said its former CEO Nobuyuki Idei died on June 2 at the age of 84.
- 06/06/2022
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Sony has sold 20 million PlayStation 5 consoles
- The PlayStation 5 has hit the 20 million unit sales milestone, and, according to Sony, it's planning to make even more soon.
- 06/03/2022
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When Is Sony Revealing The Free June PlayStation Plus Games?
- This is when to expect the free June PS Plus games announcement from Sony.
- 05/31/2022
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Sony Remains A Strong Buy In The Market Meltdown
- Sony's results continue to outperform the sector. Company is at the forefront of secular growth markets.
- 05/31/2022
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After buying Bungie, Sony goes all-in on live service games
- After buying Bungie earlier this year, Sony is moving fast to integrate the company's expertise into its broader vision. In an investor presentation Thursday, Sony Interactive Entertainment CEO Jim Ryan outlined a near future for the company that focuses heavily on continually updated online games inspired by Destiny, Bungie's long-running hit.
- 05/26/2022
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Sony to ramp up PS5 production and broaden games portfolio
- TOKYO (Reuters) -Sony Group Corp said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease and signalled a radical broadening of its games portfolio including more titles on PC and mobile.
- 05/25/2022
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Sony Says It Is Ready to Enter the Metaverse
- Entertainment giant Sony said Wednesday (May 18) that it is prepared to take a key role in the immersive virtual world known as the metaverse. “The metaverse is at the same time a social space and live network space where games, music, movies and anime intersect,” said Chief Executive Kenichiro Yoshida, according to Reuters.
- 05/18/2022
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Sony brings zero-carbon goal forward 10 years to 2040
- Japanese giant Sony brought forward its deadline for reaching carbon neutrality by a decade on Wednesday, saying it is now targeting net-zero emissions across its business by 2040.
- 05/18/2022
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Sony readies for metaverse revolution with cross-platform push
- Japanese conglomerate Sony Group Corp said it is well-positioned to play a leading role in the metaverse, or immersive virtual worlds, which commentators speculate will massively disrupt industries and establish new powerhouses.
- 05/18/2022
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Sony Revamps PlayStation Plus With 119 Titles in Subscription Tiers
- The PlayStation Plus subscription service will reportedly relaunch only in Asia for PlayStation and PC platforms for now, a report said, contrasting what the company initially said would happen. Other region relaunches will happen, though not until June.
- 05/17/2022
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Can Videogame Sales Bounce Back to COVID-19 Highs?
- Videogame makers like Nintendo (NTDOY), Microsoft (MSFT), Sony Group Corp. (SONY) and Electronic Arts (EA) are leaving no stone unturned to bounce back to the earlier highs.
- 05/17/2022
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3 Metaverse Stocks With Moonshot Potential
- Despite recent setbacks in share prices, the metaverse market continues to grow at an accelerated pace The post 3 Metaverse Stocks With Moonshot Potential appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS It doesn't matter if you have $500 in savings or $5 million.
- 05/12/2022
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Stock Split Mania; Nintendo Joins The Party
- In an effort to boost stock liquidity, gaming giant Nintendo (NTDOY) announced a 10-for-1 stock split that will take effect later this year, on October 1st.
- 05/10/2022
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SONY's Q4 Earnings and Revenues Increase Y/Y, Shares Up
- An increase in Music, Pictures, Imaging & Sensing Solutions and Entertainment, Technology & Services segment's sales boost SONY's fourth-quarter fiscal 2021 results.
- 05/10/2022
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Sony Group Corporation's (SONY) Management on Q4 2021 Results - Earnings Call Transcript
- Sony Group Corporation (NYSE:SONY ) Q4 2021 Earnings Conference Call May 10, 2022 3:00 AM ET Company Participants Hiroki Totoki – Executive Deputy President and Chief Financial Officer Kimio Maki – Senior Executive Vice President Officer of Electronics Products & Solutions Business, Representative Director, President and Chief Executive Officer, Sony Corporation Conference Call Participants Yasuo Nakane – Mizuho Securities Ryosuke Katsura – SMBC Nikko Securities Unidentified Company Representative We'd now like to begin Sony Group Corporation's Earnings Announcement. I'll be serving as the MC.
- 05/10/2022
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Sony Misses Quarterly Operating Income Estimates
- The Japanese company's shares have fallen more than 36% so far in 2022.
- 05/10/2022
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Sony Pictures Full-Year Profit Swings To $1.7B; Q4 Snares $84M
- Refresh for latest…: For the fiscal year ended March 31, 2022, Sony Pictures Entertainment saw a 172% increase in operating income to 217.4 billion yen ($1.67 billion). Revenues hit 1,239 billion yen ($9.5 billion), up 55% versus the previous year. The significant jumps were primarily due to higher sales in all categories, with Motion Pictures...
- 05/10/2022
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Sony logs record full-year sales but net profit dips
- Sony on Tuesday reported its best-ever sales in the financial year to March thanks to strong results in movies, electronics and music, while net profit dipped 14 percent from the previous year's record high.
- 05/10/2022
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Sony nears 20 million PS5s sold and expects more supply this year
- PlayStation 5 sales continue to drag due to supply disruptions. But Sony was able to maintain its impressive profitability.
- 05/10/2022
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Sony reports 67% jump in net profit to $852.5 million
- By Kosaku Narioka
- 05/10/2022
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Sony's Q4 operating profit more than doubles, helped by gaming
- TOKYO (Reuters) -Japan's Sony Group Corp said on Tuesday its fourth-quarter operating profit more than doubled to 138.6 billion yen ($1.06 billion), helped by a strong performance at its gaming and network services business.
- 05/10/2022
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Factors to Take Note Ahead of Sony's Q4 Earnings Release
- SONY's Q4 top line is likely to have been benefited from sales growth in the Imaging & Sensing Solutions, Music and Financial Services segments.
- 05/06/2022
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Tech Sell-Off: 1 Semiconductor Growth Stock to Buy Now and Hold Forever
- The demand for advanced computer chips is soaring, and AMD is moving one step ahead of the industry.
- 05/06/2022
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Microsoft And Sony Are Looking At Ads On Free To Play Video Game
- It is reported later this year that Microsoft and Sony will start to have ads on some free-to-play video games. This will provide marketers with the opportunity to target a hard to reach demographic.
- 05/05/2022
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Why American companies need China: Expert
- Kingsview Asset Management CIO Scott Martin unpacks the economic consequences of concessions made for China amid Sony's latest pushback regarding its Spider-Man movies. Subscribe to Fox Business!
- 05/04/2022
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Sony: Consumer Weakness/Inflation Risk Offset By Yen Weakness
- Sony is a Japanese Consumer Entertainment provider with multiple segments of opportunity outside their home country. Any reduction in consumer spending over the short term will be easily offset for Sony, thanks to favorable Yen conversion rates and the ability to raise prices.
- 04/28/2022
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Sony is an attractive longer-term investment, says analyst
- David Gibson of MST Financial explains why he's positive on the Japanese company's shares.
- 04/25/2022
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Sony, USC School Of Cinematic Arts Partner On LED Wall Production Studio
- Sony and USC's School of Cinematic Arts will create a virtual-production studio at the top-rated film school feature LED walls, cameras and other equipment. A new curriculum around virtual production, one of Hollywood's biggest trends, is coming in the fall.
- 04/24/2022
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This Electric Battery Technology Is the Best on Paper
- The key question: Can it become a reality?
- 04/22/2022
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Not To Be Outdone By Rival, Sony Could Put More Ads In PlayStation Games
- Video game giant Sony Group Corp (NYSE: SONY) could be increasing the number of ads in its games. What Happened: Sony is building out an advertising platform that could allow companies to buy ads inside PlayStation games, according to a Business Insider report.
- 04/21/2022
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Factors Likely to Influence CACI's Fate in Q3 Earnings
- CACI International's (CACI) third-quarter fiscal 2022 results are likely to reflect organic revenue growth, continued margin expansion and robust cash flows.
- 04/21/2022
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Embracer: A Business Growing At Over 90%, Trading At A Discount
- Embracer: A Business Growing At Over 90%, Trading At A Discount
- 04/12/2022
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Sony, Lego to put $2 bn into Epic Games metaverse effort
- Japanese giant Sony and Lego's Danish parent firm announced Monday a $2 billion investment in US gaming powerhouse Epic Games for its work toward joining the metaverse vision for the internet's future.
- 04/11/2022
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‘Fortnite' maker Epic Games valued at nearly $32B after big investment
- Epic Games said Monday it had raised $2 billion from Sony Group and the family owned holding company behind the Lego Group, valuing the "Fortnite" creator at $31.5 billion.
- 04/11/2022
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Sony and the Lego family bet big on the 'metaverse' with $2 billion investment in Epic Games
- It comes after Epic and Lego announced plans to co-develop a "family-friendly" metaverse for kids.
- 04/11/2022
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Epic Games valued at about $32 billion in funding from Sony, Lego firm
- (Reuters) -Epic Games said on Monday it had raised $2 billion from Sony Group Corp and the family owned holding company behind the Lego Group, giving the "Fortnite" maker a valuation of $31.5 billion.
- 04/11/2022
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7 Virtual Reality Stocks Bringing Web 3.0 to Life
- Virtual reality stocks are becoming more popular due to VR headsets and videos. Investing in these stocks can have a lucrative payoff.
- 04/07/2022
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Is Sony Stock A Buy Or Sell After Haven Studios Acquisition?
- Sony Group acquired start-up game developer Haven Studios as a bet on the potential for the next blockbuster gaming franchise.
- 04/07/2022
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Sports Stadiums Could Be the Next Big Metaverse Real Estate Opportunity
- Sports stadiums are coming to the metaverse, and they could foster entire sports districts where people come together to spend money and time, increasing property values nearby.
- 04/05/2022
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Sony's PlayStation Plus will add a Netflix-style library of games and new features in June — here's what each plan includes
- PlayStation Plus is an essential service for online play on PS4 and PS5. In June, Sony is adding new plans with tons of games and a streaming option.
- 03/30/2022
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Explaining Sony's Three New PlayStation Plus Packages
- Sony is combining its PlayStation subscription services, giving console owners an option that includes online play, free games and cloud gaming for one monthly price, starting in June. Read more here: https://www.cnet.com/tech/gaming/playstation-plus-adds-new-tiers-massive-game-library-in-june/ Subscribe to CNET: https://www.youtube.com/user/CNETTV Like us on Facebook: https://www.facebook.com/cnet Follow us on Twitter: https://www.twitter.com/cnet Follow us on Instagram: http://bit.ly/2icCYYm Follow us on TikTok: https://vm.tiktok.com/ZMd2h6yac/
- 03/29/2022
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Revamped ‘PlayStation Plus' shows how Sony and Microsoft are no longer traditional competitors
- Sony announced a rebranded PlayStation Plus subscription service on Tuesday morning, which merges its two existing monthly offerings into a single three-tiered option that's implicitly meant to be competitive with Microsoft's Xbox Game Pass.
- 03/29/2022
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Robinhood soars after expanded trading hours, Sony unveils new Playstation Plus service
- Yahoo Finance's David Briggs, Brad Smith, and Rachelle Akuffo discuss several of the day's trending stock tickers, including Robinhood, Netflix and Sony.
- 03/29/2022
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SONY Reportedly Launching a Video-Game Subscription Service
- SONY's new video game subscription service will be integrating its existing services namely PlayStation Now and PlayStation Plus.
- 03/29/2022
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Sony launches PlayStation Plus subscription service to rival Microsoft
- Sony Group's revamp of its PlayStation subscription service is a major step toward levelling the playing field with Microsoft's rival Game Pass, although holding back new releases may dampen enthusiasm, analysts say. Sony said its expanded PlayStation Plus service will offer hundreds of games, including recent hits such as “Spider-Man: Miles Morales,” for a flat monthly.
- 03/29/2022
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Best Stocks To Buy In 2022? 4 Software Stocks For Your List
- Check out these top software stocks turning heads as the broader tech industry makes a comeback.
- 03/29/2022
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PlayStation is finally getting a subscription gaming service, but without the critical component that made Xbox Game Pass such a success
- Unlike Xbox Game Pass, Sony's new video game subscription service doesn't include major first-party games at launch.
- 03/29/2022
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Sony Announces New PlayStation Subscription Service
- Sony has announced it will launch a subscription-based version of PlayStation Plus in June, with hundreds of games, including “Spider-Man: Miles Morales,” in the U.S., Europe and Japan, Reuters reported Tuesday (March 29). The subscription-based version of PlayStation Plus won't include new releases, Sony Interactive Entertainment CEO Jim Ryan told Reuters, but users will still […]
- 03/29/2022
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Sony officially unveils its revamped three-tier PlayStation Plus subscription service
- Sony is officially introducing its revamped PlayStation Plus gaming subscription service, the company announced on Tuesday. The new offering is called PlayStation Plus and will bundle Sony's two current subscription services, PlayStation Plus and PlayStation Now into one.
- 03/29/2022
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PlayStation is launching a subscription service to compete with Microsoft's wildly popular Xbox Game Pass
- After years of rumors, Sony has finally unveiled its competitor to Microsoft's wildly popular Xbox Game Pass game subscription service.
- 03/29/2022
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Analysis-Sony launches Game Pass counterattack with subscription service upgrade
- Sony Group Corp's revamp of its PlayStation subscription service is a major step toward levelling the playing field with Microsoft's rival Game Pass, although holding back new releases may dampen enthusiasm, analysts say.
- 03/29/2022
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PlayStation Pass: Sony's Answer To Xbox Game Pass Set To Be Revealed Soon
- Sony will reveal the PlayStation's answer to Xbox Game Pass soon according to a new report.
- 03/26/2022
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Analysis: Sony's ‘Spartacus' starts a battle of the gaming subscription services with Xbox, others
- Next week, Sony reportedly intends to announce a service to compete with Microsoft's Game Pass, which has the potential to move the “console wars” into a new, subscription-based era.
- 03/25/2022
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Sony Expected to Unveil PlayStation Subscription
- Sony Group could introduce a PlayStation video game subscription service “as early as next week,” Bloomberg reported Friday (March 25). The subscription service — which was given the code name Spartacus — has been in development and represents Sony's answer to Microsoft's Xbox Game Pass, which is a Netflix-style suite of video games with more […]
- 03/25/2022
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7 Virtual Reality Stocks Bringing Web 3.0 to Life
- Virtual reality stocks may offer massive investment returns as Web 3.0 gains wide adoption. Sony, Microsoft stock, and 5 others are on focus.
- 03/24/2022
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Why Microsoft Beats Sony
- Why Microsoft Beats Sony
- 03/24/2022
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SONY to Boost Live Service Game Experience With Haven Buyout
- With the acquisition of Haven, SONY's PlayStation Studios will welcome its first Canada-based game development studio.
- 03/22/2022
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Jumanji Gets Theme Park Deal: How Sony Is Challenging Disney And Universal Theme Park Domination
- The media arm of Sony Group Corp (NYSE: SONY) could be on its way to establishing a successful theme park division thanks to several partnerships and a library of franchise brands that have performed well at the box office. What Happened: Sony Pictures Entertainment announced a collaboration with.
- 03/21/2022
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Sony Pictures Entertainment has paused business operations in Russia
- Sony Pictures Entertainment said Friday that it has paused business operations in Russia, two weeks after the studio suspended theatrical releases in the country.
- 03/11/2022
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Sony Pictures Entertainment Pauses Business Ops In Russia – Read Tony Vinciquerra's Memo To Staff
- A day after Disney announced it was suspending their business in Russia amid the Ukraine invasion, Sony Pictures Entertainment has made it effective that they too, are doing the same. This goes beyond the standard theatrical releases which both studios earlier halted. Here is Vinciquerra's letter: Good morning, As we continue to see the devastating...
- 03/11/2022
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PlayStation Maker Sony Teams Up With Honda To Enter Fast-Growing Electric Vehicle Market
- Japanese giants Sony and Honda will join forces to develop electric vehicles, emerging as the latest software-hardware duo to join the fast-growing field of high-tech cars.
- 03/10/2022
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Sony blocks PlayStation sales in Russia
- Sony joined its rival Microsoft in blocking sales of both its consoles and its games in Russia after an appeal from the country's digital minister.
- 03/10/2022
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Rio first big miner to cut Russia ties; Sony, Nintendo halt console sales
- Rio Tinto became the first major mining company to cut ties with Russian businesses and Japan's Sony and Nintendo suspended deliveries of their gaming consoles, joining a global corporate exodus from Russia over its invasion of Ukraine.
- 03/10/2022
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Dow Jones Newswires: Sony's PlayStation unit suspends Russian software, hardware shipments
- Sony Group Corp.'s 6758, +8.82% game unit said it had suspended all software and hardware shipments in Russia.
- 03/09/2022
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Sony, Honda Join Trend That Merges Automobiles and Connected Services
- A familiar name from home electronics will soon be deeply involved in making electric cars too — along with the in-car digital innovations that are increasingly a part of all vehicles on the road. When Sony and Honda announced March 4 that they had signed a memorandum of understanding to establish a joint venture to […]
- 03/09/2022
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The PlayStation version of Roblox is materializing
- A new job posting from Roblox hints that the company's loose plans to expand to Sony's gaming console are getting much closer to becoming a reality. The listing seeks a PlayStation console senior software engineer to develop a Roblox app for PlayStation — hardware that Roblox's game platform-within-a-platform has yet to reach.
- 03/09/2022
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Sony suspends all PlayStation sales in Russia over Ukraine war
- Sony's PlayStation unit says it has suspended all software and hardware shipments in Russia.
- 03/09/2022
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Sony's bringing back its iconic 'Walkman' with a $3,200 price tag
- The latest models of Sony's iconic music player start at $1,600 and go as high as $3,200, but these new Walkman devices are intended for audiophiles.
- 03/07/2022
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Sony, Honda Mulling Joint Venture
- Sony Group Corp. ( SONY , Financial) and Honda Motor Co. Ltd. ( HMC , Financial) on Friday said they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services.
- 03/06/2022
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Honda and Sony come together to both develop and sell electric vehicles
- Honda Motors Co. (OTCMKTS: HNDAF) and Sony Group Co. (OTCMKTS: SNEJF) announced they're teaming up to develop electric vehicles. This collaboration will bring together two huge Japanese business outfits that have failed to take advantage of some of the major tech trends of the century.
- 03/04/2022
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Apple, Microsoft and Other Tech Companies Stop Sales in Russia
- Sanctions against Russia have continued in the form of technology companies worldwide ceasing sales of products and services. Here's the list of companies involved.
- 03/04/2022
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Sony and Honda EV News: 7 Things to Know About the New Duo Making Electric Vehicles
- Today, investors are still digesting some rather shocking news that a Sony and Honda EV may be coming to market as these stocks dip. The post Sony and Honda EV News: 7 Things to Know About the New Duo Making Electric Vehicles appeared first on InvestorPlace.
- 03/04/2022
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Sony (SONY) Partnering With Honda (HNDAF) On Battery Electric Vehicles
- Sony (NYSE: SONY) and Honda (OTC: HNDAF) are establishing a joint venture through which they plan to engage in the joint development and sales of high value-added battery electric vehicles (EVs). These are the details.
- 03/04/2022
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Honda and Sony forming joint venture to build electric cars
- Honda and Sony are forming a joint venture to build electric cars together. The first vehicle is scheduled to be launched in 2025.
- 03/04/2022
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Sony and Honda Partner on EVs. Big Tech Needs Big Auto.
- Sony and Honda form a joint venture to develop smart electric vehicles. Investors yawn.
- 03/04/2022
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Sony and Honda team up to develop electric cars with goal of sales beginning in 2025
- Sony and Honda are aiming to establish a new company this year and begin sales of their first vehicle in 2025.
- 03/04/2022
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7 Stocks to Buy That Have a Shot at Becoming the Metaverse King
- Meta Platforms may be betting its future on the metaverse, but these seven stocks may be the best stocks to buy for exposure to this trend. The post 7 Stocks to Buy That Have a Shot at Becoming the Metaverse King appeared first on InvestorPlace.
- 03/03/2022
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Disney, Sony, Warner Media pause movie releases in Russia
- Yahoo Finance's Alexandra Canal reports on Disney, Warner Media, and Sony pausing all upcoming movie releases in Russia amid the Russia-Ukraine war while Netflix has cut Russian channels from its service.
- 03/01/2022
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How Sony plans to revolutionize its e-cars with built-in Playstation games and autonomous driving
- Sony Mobility will analyze and make a decision on whether entry into the automotive industry would be worthwhile.
- 03/01/2022
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Disney, Warner Bros., Sony pausing film releases in Russia over Ukraine invasion
- (Reuters) -Hollywood studios Disney, Warner Bros., and Sony Pictures Entertainment said they would pause theatrical releases of upcoming films in Russia in response to its invasion of Ukraine and the unfolding humanitarian crisis.
- 02/28/2022
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Sony unveils new virtual reality headset for PlayStation, which will compete with Facebook's Quest
- It comes as companies increasingly bet on a digital feature, heating up competition in the growing space.
- 02/22/2022
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Sony Ventures Corporation hits first close on its $215M fourth fund
- Sony Ventures Corporation (SVC) announced today it has completed the first closing of its $215 million (25 billion JPY) fourth fund, Sony Innovation Fund 3 (SIF3), to back all stages of emerging technology companies. Sony Ventures Corporation was established in July last year to manage all of Sony's venture investment activities through Sony Innovation Fund […]
- 02/17/2022
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Sony launches 'Cheerios-shaped' headphones
- Sony has launched a new line of Cheerios-shaped wireless headphones for people who want to be able to hear the world around them while listening to music or podcasts.
- 02/16/2022
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Sony Debuts LinkBuds, New Earbuds Designed To Better Integrate Immersive And Real Worlds
- LinkBuds, Sony's unusual new ring-shaped earbuds, have debuted, designed to create high-end audio experiences while allowing audio from the real world to get through. It promises safer workouts and commutes, and more immersive AR and mobile gaming experiences.
- 02/15/2022
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No one is 'winning' the console war: Nintendo, Sony, and Microsoft face persistent supply chain issues and limited inventory, experts say
- The best-selling console each month is whichever has the largest supply available for sale — and it's been that way for over a year, NPD Group says.
- 02/12/2022
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Sony: A Shift In Focus
- The company announced its product line innovations at a Technology Innovation Show in Las Vegas.
- 02/11/2022
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Here's What Sony's Bungie Acquisition Could Reveal for Its Future
- Delving into the exciting possibilities that could be behind the blockbuster video game deal.
- 02/11/2022
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Sony: The Super Conglomerate
- Sony has been undeservedly punished with a conglomerate discount. That conglomerate structure is really a competitive advantage and should be rewarded by investors. The Gaming, Pictures, and Music segments are all on fire. Media revenues soared from 20B to 40B in less than a decade due to the synergies that Sony unlocks.
- 02/11/2022
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Sony's new AI beats humans in Gran Turismo racing game
- Sony said on Wednesday it has created an artificial intelligence agent called Gran Turismo Sophy (GT Sophy) that was able to beat world's best drivers of the PlayStation racing simulation game Gran Turismo.
- 02/09/2022
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Sony trains AI to leave world's best Gran Turismo drivers in the dust
- ‘GT Sophy' honed tactics and technique to beat 95% of human players of Playstation game after two days
- 02/09/2022
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Disney, Sony, ViacomCBS To Bid For Rights To This Popular Indian Cricket League
- The Walt Disney Co (NYSE: DIS), Sony Group Corp's (NYSE: SONY) Sony Pictures Networks India, and Viacom18 are companies planning to bid for the rights to the Indian Premier League, the Wall Street Journal reports. Viacom18 is a joint venture between ViacomCBS Inc (NASDAQ: VIAC) and Reliance Industries Ltd.
- 02/09/2022
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Peloton's potential suitors: Amazon, Nike, Apple, Disney or Sony?
- Peloton is in play with as many as five deep-pocketed suitors who could benefit from a potential acquisition of the fitness giant.
- 02/08/2022
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Sony slashes PS5 sales forecast due to chip shortage, supply chain disruptions
- Sony anticipates the popular PlayStation 5 gaming console will ship a total of 11.5 million units in fiscal year 2021, down from previous guidance of 14.8 million units.
- 02/04/2022
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$25 billion wiped off Sony this year as chip crunch hits PlayStation 5, Microsoft competition heats up
- Sony cut its full-year sales target for the PlayStation 5 from from 14.8 million units to 11.5 million units as the global chip shortage has hit production.
- 02/03/2022
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PlayStation and Switch sales are suffering as the gaming wars heat up
- Two of the world's biggest video game companies are feeling the pressure as the console wars heat up.
- 02/03/2022
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Sony shares slide as gaming concerns re-emerge
- Shares in Sony Group Corp slid as much as 8.8% in early trade in Tokyo on Thursday after four consecutive days of gains as concerns about its gaming business re-emerge amid component shortages and competition from heavyweight rivals.
- 02/02/2022
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PlayStation has no major multiplayer games, so Sony spent $3.6 billion to buy a successful one
- Sony's purchase of "Destiny" developer Bungie, Inc. for $3.6 billion wasn't just a response to Microsoft's recent acquisition of Activision.
- 02/02/2022
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How Sony's Bungie Acquisition Affects Microsoft's Gaming Ambitions
- Sony acquired Bungie games for $3.6 billion recently. What does the acquisition mean for Microsoft's gaming ambitions?
- 02/02/2022
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SONY Q3 Earnings & Revenues Beat Estimates, Increase Y/Y
- An increase in Music, Pictures, Imaging & Sensing Solutions and Financial Services segments sales boost SONY's third-quarter fiscal 2021 results.
- 02/02/2022
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Better Buy: Microsoft vs. Sony
- Which tech juggernaut will be a stronger investment this year?
- 02/02/2022
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Sony Group Corporation (SONY) on Q3 2021 Results - Earnings Call Transcript
- Sony Group Corporation (SONY) on Q3 2021 Results - Earnings Call Transcript
- 02/02/2022
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Sony Clocks 13% Sales Growth In Q3 Backed By Spiderman Movie, Apple iPhone Image Sensors
- Sony Group Corp SONY reported third-quarter FY21 sales growth of 13% year-on-year to ¥3.03 trillion. Significant increases in Pictures, I&SS, Financial Services, and Music segments drove the increase.
- 02/02/2022
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Sony smashes estimates with 32% rise in Q3 operating profit
- Japan's Sony Group Corp posted on Wednesday a 32% rise in third-quarter operating profit, smashing analyst estimates.
- 02/02/2022
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Barron's 53 RoundTable 2022 Picks Show 34 Pay Dividends And 4 Of Those Are Buys
- Barron's 53 RoundTable 2022 Picks Show 34 Pay Dividends And 4 Of Those Are Buys
- 02/01/2022
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Four giants: The major players in video game industry
- The global video game industry has undergone a series of blockbuster takeovers, most recently Sony's acquisition of Bungie and Microsoft's move for Activision.
- 02/01/2022
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SONY to Boost PlayStation Family With $3.6B Bungie Buyout
- SONY's video gaming unit, Sony Interactive Entertainment, will acquire video game developer, Bungie, in a deal worth $3.6 billion.
- 02/01/2022
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Four UK video game shares to watch as Xbox and PlayStation arms race continues to heat up
- What's happened? Sony Group Corp (NYSE:SONY) has agreed a US$3.6bn deal to acquire Bungie (read more) as the so-called console war between PlayStation and Xbox continues to be fought at the deal table.
- 02/01/2022
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Sony is buying Destiny maker Bungie for $3.6 billion. Here's what it gets
- The PlayStation portfolio is poised to get a little bigger.
- 02/01/2022
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Sony Buys Video Game Maker Bungie for $3.6B
- A division of Sony Group Corp. has agreed to purchase 100% of the shares of Bungie Inc., an independent video game developer, for $3.6 billion, Sony announced on Monday (Jan. 31). Bungie, based in Washington state, has been a Sony collaborator for many years and has developed some of the video game industry's most popular […]
- 02/01/2022
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Sony-Bungie, Microsoft-Activision: Analysts Think This Is Just The Beginning Of A M&A Spree In The Gaming Industry
- Loup Fund analysts Gene Munster and Doug Clinton said during a discussion Monday that there is a build-up of urgency around the acquisition of gaming content after a recent flurry of mergers and acquisitions. What Happened: The analysts opened their comments noting Sony Corporation's SONY acquisition of Bungie for $3.6 billion.
- 02/01/2022
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Sony acquires Halo creator Bungie as PlayStation vs Xbox console arms-race continues
- Sony has agreed a US$3.6bn deal to acquire Bungie as the so-called console war between PlayStation and Xbox continues to be fought at the deal table. In the wake of Microsoft's US$69bn capture of Call of Duty owner Activision Blizzard last month, Sony's PlayStation has bought Bungie - the studio behind Halo, Xbox's most iconic game franchise.
- 02/01/2022
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Sony snaps up US games developer behind Destiny in $3.6bn deal
- PlayStation maker Sony has announced a $3.6bn deal to buy Bungie, the games developer behind titles such as Destiny.
- 02/01/2022
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Sony to buy videogame maker Bungie in $3.6B deal
- Sony Group Corp.'s videogame unit said Monday that it is buying videogame developer Bungie Inc., the studio that created the Halo and Destiny franchises, in a deal valued at $3.6 billion.
- 01/31/2022
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Podcast: Sony's $3.6B Bungie deal, explained
- The latest jaw-dropping deal in video games is Sony Interactive Entertainment's agreement to buy Bellevue, Wash.
- 01/31/2022
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Sony to buy 'Halo' creator Bungie as gaming fight heats up
- PlayStation maker Sony announced a $3.6 billion agreement on Monday to buy US video game studio Bungie, creator of hits like "Halo" and "Destiny", as a gaming industry battle heats up with Microsoft.
- 01/31/2022
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Sony: The David To Microsoft's Goliath In The Gaming Wars
- Sony stock is down around 10% following the news that Microsoft plans to acquire Activision Blizzard.
- 01/31/2022
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Sony to buy video game maker Bungie for $3.9 billion
- Yahoo Finance's Ines Ferre discusses how Sony is planning to buy video game maker Bungie.
- 01/31/2022
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Sony to acquire video game studio Bungie in $3.6 billion deal
- Sony is acquiring Bungie, the video game studio that created hit franchises such as "Halo" and "Destiny," in a $3.6 billion deal that further centralizes the rapidly consolidating game industry.
- 01/31/2022
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Sony Strikes Back In Gaming Wars With Acquisition Of Former Microsoft Game Developer Bungie
- Sony Group Corp (NYSE: SONY) subsidiary Sony Interactive Entertainment on Monday announced plans to acquire independent video game developer Bungie for $3.6 billion. What To Know: Sony aims to gain access to Bungie's approach to live game services and technology expertise via the acquisition.
- 01/31/2022
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Sony jumps after announcing deal to acquire Bungie for $3.6 billion as video game M&A heats up
- The move is the latest in a string of big gaming deals, following Microsoft's blockbuster acquisition of Activision and Take-Two Interactive's purchase of Zynga.
- 01/31/2022
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SONY Stock Alert: 7 Things to Know as Sony Buys Bungie in MAJOR Deal
- SONY stock is climbing today after the company announced it was acquiring Bungie in another sign of video game consolidation. The post SONY Stock Alert: 7 Things to Know as Sony Buys Bungie in MAJOR Deal appeared first on InvestorPlace.
- 01/31/2022
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Sony buying video game developer Bungie in $3.6 billion deal
- Sony is buying prominent video game developer Bungie for $3.6 billion – a blockbuster deal that underscores the intense competition between the PlayStation maker and its chief rival, Microsoft.
- 01/31/2022
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Why Sony (SONY) Is Buying Bungie For $3.6 Billion
- Sony (NYSE: SONY) announced it is buying Bungie for $3.6 billion. These are the details.
- 01/31/2022
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Sony to buy video game maker Bungie for $3.6bn as takeovers continue
- Bungie developed Destiny and Halo while sale comes after Microsoft's $69bn acquisition of Activision Blizzard
- 01/31/2022
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Sony looks to buy Bungie after Microsoft deal for Activision
- In the latest episode of “The Console Wars,” Sony Corp. is reported to be acquiring videogame publisher Bungie.
- 01/31/2022
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Analysis: Sony buying Bungie is the counter-move we were waiting for
- Bungie, the Bellevue, Wash.
- 01/31/2022
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Sony buying Halo, Destiny video game maker Bungie in $3.6B deal
- Sony is jumping into the video-game-making M&A fury.
- 01/31/2022
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Sony Buying Game Developer Bungie For $3.6B In Third Major Gaming Deal This Month
- Continuing the ongoing crush of gaming M&A, Sony Interactive Entertainment said it's agreed to buy Bungie, an independent videogame developer and longtime Sony partner behind the Halo and Destiny franchises, for $3.6 billion. The acquisition will give SIE access to Bungie's live game services and technology expertise, furthering SIE's vision to reach billions of players....
- 01/31/2022
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Sony will buy Bungie, former Microsoft studio, for $3.6B in latest blockbuster deal for game industry
- Bungie, the Bellevue-based game developer that originally developed the Halo franchise that defined Microsoft's Xbox platform, has agreed to be acquired by the Sony, maker of the competing PlayStation consoles, for $3.
- 01/31/2022
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Sony has acquired Bungie, makers of Destiny, for $3.6B
- Sony has snatched up Bungie for almost $4 billion. It's the latest in a series of major acquisitions in the games industry.
- 01/31/2022
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Sony to buy videogame developer Bungie in $3.6 billion deal
- Sony Interactive Entertainment will acquire videogame developer Bungie Inc in a deal valued at $3.6 billion, the companies said on Monday.
- 01/31/2022
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Sony to buy video game maker Bungie in $3.6 billion deal
- Sony deal for Bungie follows Take-Two's $12.7 billion deal for Zynga and Microsoft's $69 billion for Activision Blizzard.
- 01/31/2022
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Sony Stock: Bear vs. Bull
- Is the Japanese conglomerate a worthwhile investment?
- 01/31/2022
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SONY to Report Q3 Earnings: What is in the Offing?
- In the third quarter of fiscal 2021, SONY's top line is likely to have been benefited from sales growth in the Game & Network Services and Pictures segments.
- 01/31/2022
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4 Low Price-Sales Ratio Stocks
- Value investors may find the following stocks to be attractive opportunities, as they have lower price-sales ratios compared to the S&P 500 and good profitability.
- 01/30/2022
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‘Uncharted' Trailer: Can Sony Continue Its Hot Streak?
- Can Sony's recent run of strong tentpoles (Venom, Ghostbusters and Spider-Man) continue with this long-in-development video game adaptation?
- 01/27/2022
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Sony: Buy or Sell?
- The Japanese media and electronics veteran is a mixed bag in terms of investment value.
- 01/23/2022
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My Top 6 Surprises This Week
- This week had a lot of curveballs, from Microsoft buying Activision Blizzard to Walmart getting into the metaverse. Here are the highlights.
- 01/21/2022
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Sony looking to add new partners to its EV project-executive
- Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony executive told Reuters.
- 01/20/2022
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Sony hopes Microsoft won't pull Activision Blizzard games off PlayStation
- Activision Blizzard makes some of the most popular games for PS5 and PS4.
- 01/20/2022
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Morgan Stanley Picks Sony As 'Research Tactical Idea'
- Morgan Stanley analyst Masahiro Ono named Sony Group Corp (NYSE:SONY) a "Research Tactical Idea." Ono sees the share price rising relative to the country index over the next 45 days because the stock has traded off recently to make the short-term valuation "much more compelling.
- 01/20/2022
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Sony Xperia 5 III review: 5 things I like and 3 that I don't
- The Sony Xperia 5 III is further proof that the Tokyo-based company is heading in the right direction, delivering utilitarian phones with amenities best appreciated by photographers, audiophiles, filmmakers and creative types. Here are five things I like about the Xperia 5 III and three things that could be improved.
- 01/20/2022
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SONY Stock: Why Sony Is Being Called a ‘Loser' of the Microsoft-Activision Deal
- Sony (SONY) stock is taking a beating Wednesday as investors react to a recent deal between Microsoft (MSFT) and Activision Blizzard (ATVI). The post SONY Stock: Why Sony Is Being Called a ‘Loser' of the Microsoft-Activision Deal appeared first on InvestorPlace.
- 01/19/2022
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Sony stock slides after Microsoft deal, SoFi stock pops after U.S. regulator approves bank charter
- Yahoo Finance's Julie Hyman and Brian Sozzi discuss notable stocks in early trading on Wednesday.
- 01/19/2022
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Options Traders Target Sony Stock After Major Sector Shakeup
- The shares of Sony Group Corp (NYSE:SONY) are down 3.7% to trade at $111.61 at last check, following yesterday's news that Microsoft (MSFT) is acquiring Activision Blizzard (ATVI) for $68.7 billion, marking the biggest deal in the video game sector's history The acquisition is leading to headwinds for Sony stock, as it would increase pressure on the company's PlayStation, which is widely seen as the frontrunner in the generational battle between Sony and Microsoft.
- 01/19/2022
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Microsoft takeover of Call of Duty games firm wipes $20bn off Sony shares
- Investors react to possibility that Playstation and subscription service will lose Activision Blizzard games
- 01/19/2022
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Videogame Sales Continue to Thrive: 3 Solid Stocks to Buy
- Videogame sales have been on the rise since the onset of the pandemic, which is helping stocks like Microsoft Corporation (MSFT), Sony Corporation (SONY) and Electronic Arts (EA).
- 01/19/2022
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Sony Stock (SONY): Why The Price Went Down
- The stock price of Sony Group Corp (NYSE: SONY) fell by 7.17% in the most recent trading session. This is why it happened.
- 01/19/2022
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Microsoft's Activision Blizzard deal poses 'monumental challenge' to Sony
- Microsoft's blockbuster purchase of video game developer Activision Blizzard could pose a serious threat for Sony.
- 01/19/2022
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Sony shares tank over 12% after Microsoft and Activision's $68.7 billion tie-up plan
- Investors fear Microsoft's planned acquisition of Activision will bring more competition to Sony's PlayStation and take away key games from Sony's platforms.
- 01/19/2022
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Sony loses $20 billion in market value after Microsoft's massive deal to buy Activision Blizzard knocks its shares
- Sony's shares drop almost 13% in Tokyo as analysts assess whether the deal will let Microsoft restrict its ability to offer Activision games.
- 01/19/2022
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Sony stock slapped in aftermath Microsoft-Activision deal news
- Microsoft scores a major victory in the so-called ‘console war' between Xbox and the Sony Playstation, as it acquires the world's biggest game publisher Activision Blizzard in the US$69bn deal announced on Tuesday. Well, at least the stock market says so.
- 01/19/2022
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Analysis-Sony faces deep-pocketed rivals in war over future of gaming
- Sony Group, perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate eyes expansion on multiple fronts, including electric cars.
- 01/19/2022
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Dow Jones Newswires: Sony shares fall sharply in Japan after news of Microsoft deal for Activision
- Sony Group Corp. shares 6758, -9.45% fell as much as 10% on Wednesday morning following news that Microsoft Corp. agreed to buy videogame heavyweight Activision Blizzard Inc. in an all-cash deal valued at about $75 billion.
- 01/18/2022
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Sony shares untraded with a glut of sell orders on Microsoft gaming push
- Shares in Japan's Sony Group were untraded with a glut of sell orders on Wednesday after gaming rival Microsoft said it will buy developer Activision Blizzard in a record $68.7 billion deal.
- 01/18/2022
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Why The $70B Activision-Microsoft Deal Could Hurt Sony
- Wedbush Securities analyst Michael Pachter named Activision Blizzard Inc (NASDAQ:ATVI) his top stock for 2022 at the end of December. Those who followed Pachter into Activision are already reaping the benefits, as the stock surged higher by more than 35% Tuesday morning before pulling back.
- 01/18/2022
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Disney and Sony topped the US box office in 2021, thanks to Marvel. Here's how Hollywood's studios stacked up.
- Marvel movies like "Spider-Man: No Way Home" and "Shang-Chi" helped boost the theatrical industry last year.
- 01/18/2022
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Want a 54% to 244% Return? Try These Growth Stocks, Wall Street Says
- The tech sector is having a rough couple of months, but top Wall Street firms have identified some enticing opportunities.
- 01/15/2022
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Investment Opportunity Breakdown: Video Game Stocks
- Video game stocks remain strong investment vehicles in a post Covid-19 world. Here are key risks and catalysts that affect the industry.
- 01/13/2022
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Sony A7 IV review: A nearly perfect hybrid powerhouse
- Sony's 33-megapixel A7 IV has reclaimed its title as the best mainstream mirrorless hybrid camera. It offers a big step up in resolution with no downgrade in noise or light sensitivity, while delivering the best autofocus in its price range.
- 01/13/2022
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Sony to keep making PlayStation 4 as PS5 output hits snag
- Disruptions in the global supply chain forced Sony to delay its roll out of PlayStation 5. It will instead make more PlayStation 4 gaming consoles.
- 01/12/2022
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How Sony Rehabilitated Their ‘Spider-Man' Franchise At Marvel And Disney's Expense
- Sony used the MCU continuity (and fandom) to rejuvenate interest in their non-MCU 'Spider-Man' movies and rehab the failed 'Amazing Spider-Man' franchise.
- 01/11/2022
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InterDigital (IDCC) Renews Sony Patent License Agreement
- In addition to the patent renewal, InterDigital (IDCC) extends its Convida Wireless joint venture deal with Sony to continue their collaborative research in the fields of 5G and IoT.
- 01/10/2022
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Electric vehicles: GM, Chrysler, Mercedes, and Sony reveal new models at CES
- Yahoo Finance tech editor Dan Howley breaks down the latest electric vehicle reveals from legacy automakers like General Motors, Chrysler, and Mercedes along with new entrants like Sony at this year's CES.
- 01/06/2022
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Analysis-Jumping on EV wagon represents risky ride for tech pioneer Sony
- From personal music players to games consoles, Sony Group has often gambled in order to be a pioneer, but a leap into electric cars could take the risks to a new level for the Japanese consumer tech giant.
- 01/06/2022
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Most Active Stocks To Buy Now? 4 Virtual Reality Stocks In Focus
- With all the attention on the metaverse lately, could VR stocks benefit from the hype?
- 01/05/2022
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What Investors Should Know About Amazon, Sony And John Deere's Latest To Push Into The Electric Vehicle Sector
- Many traditional automotive companies have been transitioning into the electric vehicle space, which for years has been dominated by Tesla Inc (NASDAQ: TSLA) in the United States. While names like Ford Motor Co (NYSE: F) and General Motors Corp (NYSE: GM) are known to be heavily investing in EVs, three names announcing plans this week to begin the development of electric vehicles might be surprising to readers.
- 01/05/2022
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Sony Hopes ‘Uncharted' Will Be 2022's ‘Man In The Iron Mask'
- The movie that came the closest to dethroning Leonardo DiCaprio's 'Titanic' in those first 3.5 months was Leonardo DiCaprio's 'The Man In the Iron Mask'
- 01/05/2022
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Stocks: Sony pops on EV announcement, Microsoft and Wayfair sink
- Yahoo Finance's Ines Ferre breaks down how Microsoft is heading for its longest losing streak since September, Sony's new operating company Sony Mobility is entering the EV space, and how Wayfair continues to sink to a 52-week low.
- 01/05/2022
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SONY Stock Revs Up on EV News. 5 Things to Know About Sony Mobility.
- SONY stock is in the spotlight after Sony announced it was entering the electric vehicle market. Here's what you need to know.
- 01/05/2022
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SONY Unveils VR Headset for PS5 to Cash In On Metaverse Hype
- In addition to the VR headset, Sony (SONY) has launched an exclusive game that will be among the first to tap the capabilities of the new headset.
- 01/05/2022
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‘Horizon Call Of The Mountain' Is Sony's Next Big VR Game For PlayStation VR 2
- Horizon Call Of The Mountain is one of the first big games announced for PSVR 2.
- 01/05/2022
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Sony Showcases VR Headset For PlayStation 5
- Sony Group Corp (NYSE: SONY) elaborated on its next-generation virtual reality headset and demo for an upcoming PlayStation game. Sony confirmed its new hardware PlayStation VR2 would work with Sony's PlayStation 5 console.
- 01/05/2022
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Sony enters electric vehicle battleground
- Sony Group Corp (NYSE:SONY) has emerged as a new entrant in the electric vehicle arms race, as it revealed early plans for an electric vehicle (EV) prototype and a new subsidiary to take on Tesla Inc (NASDAQ:TSLA), Lucid Group other traditional car manufacturers. The Japanese tech giant, best known for its work in video gaming, music and film, said it is launching a new company, Sony Mobility Inc, as it is “exploring a commercial launch” of a range of electric vehicles.
- 01/05/2022
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Sony is gearing up to make an electric car
- Sony has announced plans to launch an electric car company later this year as it unveiled a new sports utility vehicle concept.
- 01/05/2022
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Sony Unveils New EV Unit and Electric SUV. It's Time to Take Notice.
- Sony stock climbed close to 4% in Tokyo as investors welcomed the announcements about Sony Mobility.
- 01/05/2022
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Sony to start electric car firm as it ‘explores a commercial launch'
- Tokyo-listed shares in Japanese group rise after it shows off second concept vehicle
- 01/05/2022
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Sony teases new VR headset for its PlayStation 5 console
- Sony confirmed its new hardware will be called PlayStation VR2, replacing its predecessor PS VR.
- 01/05/2022
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Sony reveals virtual reality gaming system for PS5 and new VR Horizon game
- Sony has revealed more about its next generation virtual reality gaming system for the PS5 at the Consumer Electronics Show in Las Vegas.
- 01/05/2022
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Sony To Establish Separate Company Focused On Manufacturing Electric Vehicles: What You Need To Know
- Japan's Sony Group Corp (NYSE: SONY) said on Wednesday it will launch a mobility company in spring this year as it looks to foray into the electric vehicle space. What Happened: The Tokyo-based multinational conglomerate that is best known for making video-game consoles and other electronic products said it is well-positioned as a "creative entertainment company" to redefine mobility, given its strength in cloud, sensors and entertainment.
- 01/05/2022
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Sony looks to electric cars for its next big hit
- (Kitco News) - He said the company saw mobility as an "entertainment space" where passengers could chose individual entertainment options and use 5G internet connection
- 01/05/2022
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Sony teases details of next-gen VR headset
- Sony Group Corp on Wednesday teased details of its next-generation virtual reality headset for its PlayStation 5 console, as the Japanese conglomerate seeks to secure a lead in the nascent sector amid growing attention from tech giants.
- 01/04/2022
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Sony to establish new electric vehicle company
- Japan's Sony Group will establish a new company for electric vehicles this spring, its chairman said, becoming the latest tech company to beef up its ambitions in the fast-growing market.
- 01/04/2022
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Sony to start commercializing electric cars with Sony Mobility Inc
- At CES in Las Vegas this evening, Sony's Chairman, President and CEO Kenichiro Yoshida showed off a brand new prototype of its Vision S concept electric car, and announces that the Sony Group is starting a new division – the Sony Mobility Inc – which will start commercializing its electric vehicles. story is updating with […]
- 01/04/2022
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Former Sony PlayStation Executive Floats $225M Gaming SPAC
- Jack Tretton, the former CEO of Sony Group Corp's (NYSE: SONY) Sony Computer Entertainment America, led a $225 million special-purpose acquisition company (SPAC) pursuing a deal in the video game industry. Tretton is known for making the PlayStation a popular gaming console.
- 12/31/2021
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8 Video Game Stocks To Watch In 2022: Sony, Microsoft, Nintendo And More
- The video game sector cooled off slightly in 2021 going up against heightened 2020 sales figures driven the COVID-19 pandemic. Several big game releases were delayed in 2021 and were pushed back.
- 12/29/2021
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Paul Feig Calls Out Sony Over New ‘Ghostbusters' Box Set
- The director called out Sony & Columbia Pictures for not including the 2016 Ghostbusters reboot in the Ghostbusters: Ultimate Collection box set.
- 12/24/2021
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Sony India-ZEEL Merger: New Company To Be Publicly Listed In India
- SPNI-ZEEL merger: After closing, the new combined company will be led by ZEEL CEO Puneet Goenka, an announcement said.
- 12/22/2021
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Sony Pictures Networks India To Merge With Zee Entertainment Enterprises
- Sony Group Corp's (NYSE: SONY) Sony Pictures Networks India Private Limited and Zee Entertainment Enterprises Ltd agreed to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations, and program libraries. They will take the new combined company public in India.
- 12/22/2021
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Why 2022 Could Be a Big Year for Sony
- The PlayStation business is ready to soar once supply shortages ease up.
- 12/17/2021
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Sony (SONY) Dips More Than Broader Markets: What You Should Know
- Sony (SONY) closed at $122.21 in the latest trading session, marking a -1.32% move from the prior day.
- 12/16/2021
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'Dr. Oz Show' cancelled by Sony Pictures as recent New Jersey resident runs for Senate out of Pennsylvania
- Mehmet Oz, who is running as a Republican for the Senate in Pennsylvania despite recently living in NJ, has adopted ex-President Trump's language.
- 12/13/2021
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Sony (SONY) Gains But Lags Market: What You Should Know
- Sony (SONY) closed at $123.26 in the latest trading session, marking a +0.33% move from the prior day.
- 12/10/2021
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Sony: High Quality Business At Bargain Prices
- Turnaround which has resulted in a high quality company.
- 12/09/2021
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Sony-Owned GSN Ups Longtime Exec John Zaccario To President, Succeeding Mark Feldman Amid Mobile Gaming Unit Sale
- GSN, the game-focused media brand owned by Sony Pictures Entertainment, has promoted longtime sales chief John Zaccario to the position of president. Zaccario, a 13-year company veteran who had held the title of EVP of Ad Sales, succeeds Mark Feldman, who left to join Scopely after the company acquired the GSN Games business. That $1...
- 12/07/2021
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AMC, Sony offering NFTs to people who purchase advance Spider-Man tickets
- The theater giant and Sony Pictures will offer 86,000 non-fungible tokens.
- 11/28/2021
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10 Reasons To Love The Perennially Underrated Sony
- The company is a very well-managed conglomerate in all the right secular growth markets.
- 11/24/2021
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Bet on These Video Gaming ETFs to Ride the Surging Sales Trend
- The video games industry continues to see growing demand since the pandemic began last year.
- 11/22/2021
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Music Stocks Are a Buy as Song Publishers See Huge Growth
- Major music stocks have been star performers over the past year. Expect the music to keep playing as industry leaders see continued growth.
- 11/22/2021
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New funding rounds for music streaming platforms
- CNBC's Julia Boorstin joins 'Power Lunch' to explore 'The Next Frontier' for music distribution.
- 11/19/2021
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Disney And Sony Planning New Spider-Man Films And Streaming Series: Report
- Walt Disney Co. (NYSE: DIS) and Sony Pictures (NYSE: SONY) are reportedly in talks to extend the Marvel Studios' Spider-Man franchise with three live-action films and three seasons of new series to be streamed on Disney+. What Happened: The new pact will continue the franchise “in an alternating format” with the release of the live-action films bridged by new seasons of a Spider-Man show on Disney+, according to a report on the comic book-focused online resource The Cosmic Circus based on input from unnamed sources.
- 11/17/2021
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Sony X95J TV | Best Picture Settings
- Caleb runs through his preferred picture settings for the Sony X95J 4K HDR TV along with tips on how to find your individual preferred picture settings. In the end, the goal is for you to get the best picture settings for your Sony X95J TV according to what YOU like best.
- 11/16/2021
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4 Stocks to Watch as Videogame Sales Continue to Soar
- High demand for videogames since the coronavirus outbreak has been boosting sales of consoles from Microsoft (MSFT), Electronic Arts (EA) and Sony (SONY) and Activision (ATVI).
- 11/16/2021
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Snap stock gains after company scores a new music partner
- Snap Inc. shares are rallying Monday after the social-media company made strides with its efforts to grow the role of music on Snapchat and expand its relationships in the telecommunications industry.
- 11/15/2021
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Snapchat partners with Sony Music, announces plans for new AR music lenses
- Snapchat has inked a deal with Sony Music Entertainment to include its artists' music in the app's Sounds library. The company also revealed that it's creating new AR music lenses.
- 11/15/2021
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Snap Scores Deal With Sony
- Snap Inc (NYSE: SNAP) struck a licensing deal with Sony Group Corp (NYSE: SONY) Sony Music Entertainment, Variety reports. Now the music of all three major labels or publishers and many indies is available on the platform.
- 11/15/2021
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SONY PS5 Supply to be Hit: A Holiday Season Boon for Rivals?
- SONY has reportedly reduced the PS5 production outlook for the current fiscal by 1 million to 15 million due to supply chain disruptions, severely denting its holiday season sale.
- 11/12/2021
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Sony X95J TV Unboxing, Setup, Impressions + HT-A9 Bonus!
- The Sony X95J is the best 4K HDR TV Sony makes, and considerably less expensive than the impressive-yet-pricey Sony Z9J. But how does it stack up to Sony's best?
- 11/12/2021
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Sony Cuts PlayStation 5 Production Outlook
- Sony Group Corp (NYSE: SONY) slashed its PlayStation 5 production outlook for this fiscal year due to component and logistics constraints, Bloomberg reports. Sony previously aimed over 16 million units assembled in the year ending March to achieve its sales goal and get a head start on the subsequent year's production.
- 11/11/2021
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Sony cuts PlayStation 5 production outlook due to component snag -Bloomberg News
- Sony Group Corp has reduced its PlayStation 5 production outlook for this fiscal year due to component and logistics constraints, Bloomberg News reported on Wednesday.
- 11/10/2021
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Sony Stock Could Soon Topple Recent Record High
- Sony Group Corp (NYSE:SONY) has been cooling from its Nov. 8 record high of $124.63, down 0.5% at $121.85 at last check.
- 11/10/2021
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4 Stocks to Watch as Remote Working Continues to Drive PC Sales
- PC sales have been rising during the pandemic, helping companies like Apple (AAPL), Sony (SONY) and Lenovo Group (LNVGY).
- 11/10/2021
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Sony to invest $500 million in TSMC's new chip unit in Japan
- Sony Group said one of its units has agreed to invest about $500 million in Taiwan Semiconductor Manufacturing Co's new chip subsidiary in Japan.
- 11/09/2021
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4 Stocks to Watch in a Booming Videogame Industry
- High demand for videogames since the coronavirus outbreak has been boosting sales of consoles from Microsoft Corporation (MSFT), Electronic Arts (EA) and Sony Corporation (SONY).
- 11/04/2021
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Great News Video Game Investors: The Latest Industry Numbers Are Looking Good
- People might be getting off the couch more these days, but they're still playing games.
- 11/03/2021
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Strategist explains why he's advising investors to short Sony
- Amir Anvarzadeh from Asymmetric Advisors thinks Sony shares could face "substantial downside" on concerns about the gaming side of its business.
- 11/01/2021
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3 Reasons to Buy Sony, and 1 Reason to Sell
- Demand for PlayStation 5 is one reason to buy, but the lack of consistent growth elsewhere is one reason to avoid Sony.
- 10/31/2021
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GDV: Solid Dividend Fund At A Reasonable Price
- GDV: Solid Dividend Fund At A Reasonable Price
- 10/29/2021
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Actor Ice Cube Exits Sony Film After Refusing Covid-19 Vaccine
- Ice Cube passed on $9 million to star in the film.
- 10/29/2021
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SONY Surpasses Q2 Earnings Estimates, Raises FY21 Outlook
- SONY second-quarter fiscal 2021 results reflect an increase in Game & Network Services, Pictures, Music, and Electronics Products & Solutions segments sales.
- 10/28/2021
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Sony Group Corporation (SONY) Q3 2021 Results - Earnings Call Transcript
- Sony Group Corporation (SONY) Q3 2021 Results - Earnings Call Transcript
- 10/28/2021
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Sony Pictures Entertainment Records $288M Q2 Profit; Full-Year Forecast Upped To $950M
- Sony Pictures Entertainment recorded $288M in operating profits for the three months ending September 30, repping a 7% dip from the same period last year. Revenues in the division, however, were up 35% to $2.37B. Reporting its full fiscal 2021 second quarter earnings this afternoon in Tokyo, Sony Corp said overall operating income at the...
- 10/28/2021
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Sony upgrades full-year net profit and sales forecast
- Sony upgraded its full-year sales and profit forecast on Thursday, saying it expected strong performances in the music, movie and electronics sectors.
- 10/28/2021
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Mirriad Advertising hires ex-Sony managers to expand Music Alliance initiative
- Mirriad Advertising PLC (AIM:MIRI, OTCQX:MMDDF) said it hired Martin Moor as vice president and head of music & brand partnerships and James Goodhall as head of music sales Europe, Middle East and Africa (EMEA). They are joining the in-content advertising company following the 2020 launch of Mirriad's Music Alliance, a coalition dedicated to merging the marketing and music industries to offer brands, artists, and fans creative and financial opportunities through placing brands' content into music videos and media.
- 10/28/2021
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Mirriad Advertising hires ex Sony top managers to expand Music Alliance initiative
- Mirriad Advertising PLC announced it has hired Martin Moor as vice president and head of music & brand partnerships and James Goodhall as head of music sales Europe, Middle East and Africa (EMEA). They are joining the in-content advertising company following the 2020 launch of Mirriad's Music Alliance, a coalition dedicated to merging the marketing and music industries to offer brands, artists, and fans creative and financial opportunities through seamlessly placing brands' content into music videos and media.
- 10/28/2021
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Sony reports 1% rise in Q2 profit, beats estimates
- Japan's Sony Group Corp on Thursday reported a 1% rise in operating profit for its second quarter, beating estimates, as a stronger performance in its electronics business offset a fall in gaming profit.
- 10/28/2021
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Sony Xperia Pro-I hands-on
- The Sony Xperia Pro-I isn't the first phone to have a one-inch camera sensor. But it is the first to put the one-inch sensor from the popular Sony RX100 VII camera into a phone.
- 10/25/2021
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Bet on These Video Gaming ETFs to Gain From Surging Sales
- The video games industry continues to see growing demand since the pandemic began last year.
- 10/22/2021
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K-pop mega group BTS drops Sony for Universal
- South Korea's BTS has signed a new distribution and marketing deal with Universal Music Group , the world's biggest music label, dropping Sony Music's Columbia Records, the music band's manager said on Friday. Hybe Co Ltd-owned Bighit Music, which manages BTS, did not disclose the financial terms of the deal but said Universal and its American record label.
- 10/22/2021
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BTS drops Sony for Universal - WSJ
- South Korean megaband BTS has dropped Sony Group for marketing and distributing and agreed to a deal with Universal Music Group, the Wall Street Journal reported on Friday.
- 10/22/2021
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4 Stocks to Watch in a Thriving Videogame Industry
- High demand for videogames since the coronavirus outbreak has been boosting sales of consoles from Microsoft Corporation (MSFT), Electronic Arts (EA) and Sony Corporation (SONY).
- 10/21/2021
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Is It Too Late to Buy Sony Stock?
- The Japanese conglomerate's stock has soared to an all-time high.
- 10/21/2021
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Corsair: A Rare Undervalued Gaming Gem
- Corsair Gaming Inc. ( CRSR , Financial) hasn't been a public company for very long. A well-known and reputable name in the PC gaming industry for more than 25 years, Corsair made its public debut on Sept.
- 10/18/2021
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Sony Pictures Sells Game Show Network's Mobile Gaming Subsidiary To Scopely For $1B
- Sony Pictures Entertainment has sold GSN Games, a division of its Game Show Network subsidiary, to mobile gaming specialist Scopely for $1 billion. Half of the purchase price will be paid in cash and the other half in preferred equity. The deal, subject to the customary review by regulators, will give Sony Pictures a minority...
- 10/18/2021
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Scopely acquires GSN Games from Sony Pictures for $1B
- Scopely gets GSN Games' library, while Sony Pictures Entertainment will become a minority stakeholder in the company.
- 10/18/2021
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3 Stocks to Watch in a Promising Videogame Industry
- High demand for videogames since the coronavirus outbreak has been boosting sales of consoles and games from Microsoft Corporation (MSFT), Electronic Arts (EA) and Sony Corporation (SNE).
- 10/14/2021
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SONY Pursues Inorganic Growth to Enhance Gaming Division
- The acquisition binge strengthens SONY's long-standing business relationships with the game developers, as it intends to create more ambitious projects in the future by leveraging their rich talent pool and zest for gameplay-centric approaches.
- 10/12/2021
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Sony Is Japan's Fairly Priced Value Big Tech
- Sony has stable market share and demand for its products and services in most of its segments. Several segments show more growth opportunities and higher innovation potential.
- 10/12/2021
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7 Best Blue-Chip Stocks to Buy as China Shakes the Market
- Although the China Evergrande crisis sent a wave of worries to the market, these blue-chip stocks may offer a viable discount to investors. The post 7 Best Blue-Chip Stocks to Buy as China Shakes the Market appeared first on InvestorPlace.
- 10/11/2021
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TSMC and Sony considering joint chip factory, Japan gov't to help -Nikkei
- TOKYO, Oct 8 (Reuters) - Taiwan's TSMC (2330.TW) and Japan's Sony Group Corp (6758.T) are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion), the Nikkei reported on Friday.
- 10/09/2021
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Sony Plans To Invest In Apple Supplier's Japanese Chip Plant: Nikkei Asia
- Apple Inc (NASDAQ: AAPL) supplier Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) and Sony Group Corp (NYSE: SONY) are planning to jointly invest about 800 billion yen ($7 billion) to build a semiconductor factory in western Japan, Nikkei Asia reports. Sony may also acquire a minority stake in a new company that will manage the factory, located in Kumamoto Prefecture, on Sony-owned land adjacent to the latter's image sensor factory.
- 10/08/2021
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This Bad News for Theaters Is Good News for Streaming Services
- At least some of the entertainment industry's pandemic-driven shakeup appears to be permanent.
- 10/06/2021
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Did AMC Stock Bottom Out Last Week?
- Movie theaters have their biggest traditional weekend opening in the pandemic era, and things will only get better.
- 10/04/2021
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SONY Acquires Bluepoint Games to Rev Up Acquisition Spree
- The acquisition spree by SONY is largely aimed to better compete with rivals and experiment with newer methods of narrative delivery to push the boundaries of the gaming arena.
- 10/01/2021
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