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Sony hikes profit forecast on gaming strength
Reuters9d agobullish
Sony hikes profit forecast on gaming strength

Sony on Friday hiked its full-year operating profit forecast by 8% to 1.72 trillion yen ($10.72 billion), ‌citing the strength of its gaming business. The Japanese conglomerate has received ‌plaudits for its pivot to entertainment, but the market is concerned about the impact of ​AI and a memory chip price boom on its business. In the April-June quarter, ‌group operating profit rose 40% ⁠to 476.5 billion yen, beating analyst estimates, due to the strength of the gaming and image sensors businesses.

Bloomberg9d agobullish
Sony Raises Outlook After Entertainment Drives Earnings Beat

(Bloomberg) -- Sony Group Corp. raised its profit outlook after its lucrative content holdings generated continued growth, underscoring the entertainment group’s resilience in the face of rising component prices.Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Bil

Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'
Benzinga9d agobullish
Amazon Stock Pops 9.5% After-Hours as AWS Fuels Earnings Beat: Jim Cramer Calls it 'Astonishing'

Amazon.com, Inc. (NASDAQ:AMZN) shares jumped Thursday after the company delivered stronger-than-expected second-quarter earnings, with investors and analysts praising accelerating Amazon Web Services profitability as evidence that returns on artificial intelligence investments are beginning to materialize. Cramer Calls Amazon ‘Astonishing’ After AWS Delivers CNBC host Jim Cramer called the results “astonishing,” in a post on X, though he said Microsoft Corp. (NASDAQ:MSFT) remains the standout am

Chevron (CVX) Stock Looks Below Fair Value With Cash Flow But Above Fair Value On Earnings
Simply Wall St.9d agoneutral
Chevron (CVX) Stock Looks Below Fair Value With Cash Flow But Above Fair Value On Earnings

Chevron stock has more than doubled over the past five years, yet investors now face mixed signals on value as the intrinsic value estimate from a Discounted Cash Flow (DCF) view suggests upside while earnings based multiples point to a richer price. Chevron has returned 133.2% over the past five years, which puts the current share price under closer scrutiny for anyone considering a new position or adding to an existing one. Expansion plans in regions such as Iraq, Venezuela and Argentina,...