Sony targets double-digit profit growth despite slowdown in PlayStation 5 sales amid memory price crunch
Japanese entertainment giant Sony on Friday said it expects annual profit to rise as revenue from some business segments in ...
Tag: business news
CoreWeave stock sinks 10% on weak revenue guidance, increased spending forecast
CoreWeave shares tumbled as much as 10% in extended trading on Thursday after the AI infrastructure provider issued light revenue ...
Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths
Pictured here is the last time a sitting U.S. president made a state visit to China. President Donald Trump traveled ...
Coinbase posts steep first-quarter loss after slide in crypto prices, shares fall 4%
Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies' major revenue ...
Peloton stock rises as higher subscription prices help company drive a profitable quarter
Peloton posted fiscal third-quarter results Thursday that beat Wall Street expectations on revenue and revealed a narrow profit for the ...
Ryan Cohen’s mysterious bank letter backing GameStop’s eBay bid reveals a big issue with deal
GameStop's mysterious financing letter underpinning its audacious $56 billion bid for eBay is emerging as a central issue in the ...
AMD’s big day, Anthropic-SpaceX deal, the jet fuel crisis and more in Morning Squawk
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. If you live in the Sun ...
SoftBank shares surge over 16% as Japan tech-fueled rally lifts Nikkei 225 to record highs
CANADA - 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. ...
Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers
Marc Rowan, chief executive officer of Apollo Global Management LLC, speaks during an interview on an episode of Bloomberg Wealth ...
Warner Bros. Discovery books $2.9 billion net loss tied to Paramount deal, restructuring costs
An American flag flies at Warner Bros. Studio in Burbank, California, on Sept. 12, 2025.Mario Tama | Getty ImagesWarner Bros. ...
