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.
Sony (SONY) concluded the recent trading session at $87.32, signifying a +1.5% move from its prior day's close.
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.
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.
The latest trading day saw Sony (SONY) settling at $96.07, representing a +0.46% change from its previous close.
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.
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.
Sony acquires and rebrands WhaleFin as S.BLOX Co., entering the cryptocurrency market with new services and collaborations.
The latest trading day saw Sony (SONY) settling at $84.28, representing a +1.71% change from its previous close.
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.
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.
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.