The music streaming service said that copyright is essential with AI-powered innovation.
In the closing of the recent trading day, Sony (SONY) stood at $28.87, denoting a +2.19% move from the preceding trading day.
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?
In the closing of the recent trading day, Sony (SONY) stood at $29.74, denoting a -1.2% move from the preceding trading day.
Sony's spin-off of Financial Services in 2025 will unlock capital for core entertainment and imaging sensor growth, simplifying the organization for better focus. Despite strong gaming and sensor segment performance, Sony faces near-term margin pressure from currency headwinds and new U.S.-Japan tariffs, especially on semiconductors. Management is actively mitigating tariff impacts through price increases and supply chain diversification.
Sony will raise the price of PlayStation 5 consoles, the company announced on Wednesday. These changes will be effective as of Thursday, August 21.
Sony said on Wednesday that PlayStation 5 game consoles will cost more in the U.S. starting this week. While Sony didn't blame President Donald Trump's tariffs for the coming increase, consumer companies have been warning for months that the levies will lead to higher prices.
Sony posts strong fiscal Q1 2025 gains led by gaming and sensors, while a planned financial unit spin-off reshapes future reporting.
Sony Group Corporation (NYSE:SONY ) Q1 2026 Earnings Conference Call August 7, 2025 3:00 AM ET Company Participants Lin Tao - CFO & Corporate Executive Officer Naoya Horii - Corporate Participant Sadahiko Hayakawa - Senior Vice President, In change of Finance and IR Toshihide Endo - Corporate Executive Officer, President, CEO & Representative Director Conference Call Participants Junya Ayada - JPMorgan Chase & Co, Research Division Minami Munakata - Unidentified Company Ryosuke Katsura - SMBC Nikko Securities Inc., Research Division Yasuo Nakane - Mizuho Securities Co., Ltd., Research Division Yu Okazaki - Nomura Securities Co. Ltd.
PlayStation-maker Sony raised its annual profit forecasts on Thursday, citing strong performance in its key gaming business and a smaller-than-expected negative impact of US trade tariffs.
Sony Pictures saw a 76% jump in operating profit for the June quarter to $129 million on revenue that grew 4% to $2.3 billion as the studio said more series deliveries in the Television Productions offset a softer theatrical release slate year-on-year for the Japanese giant's fiscal first quarter.
SONY's diverse entertainment push, PS5 growth and music strategy set the stage for Q1 fiscal 2025 earnings.