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Honda and Sony are teaming up to enter the EV race. The AFEELA 1 is expected to start deliveries next year.
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?
The talks with AI startups concern how the labels—and their artists—would get paid for music's use in generative AI models.
Sony's CEO said on Thursday the spin-off of the financial services arm will secure that business its own fundraising capabilities.
Shares of Sony Group (SONY 3.94%) rose on Tuesday. The company's stock was up 4% by the time the market closed.
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%.
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.
Deciding how to invest a lump sum of cash -- say, $50,000 -- is difficult.
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?
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.