SNE News and Press, Sony Corporation From 03/18/21

Sony Interactive Entertainment (SNE) and the new esports venture RTS have jointly acquired the Evolution Championship Series fighting-game event. The series will return this year as Evo Online, a fully online competition happening Aug. 6-8 and Aug. 13-15. “Fighting games have been a vi...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Solely in terms of its design, Cardano (CCC: ADA-USD ) has a case for being the most attractive cryptocurrency out there. Source: Immersion Imagery via Shutterstock Crypto adherents talk up the brilliance of ...

Oscar nominations don't have the most direct effect on movie stocks, but the key theme that can be drawn from the 2021 nominees this morning is the major move from streaming services in cinema's lost year. Netflix (NFLX -1%) drew the most nominations of any distributor, with a record 35. That...

Sony (SNE) is 0.4% higher after a bullish Jefferies highlights it as a dip-buying opportunity. Last month shares hit a 52-week high of $118.50, and have since shed about 11.5% of that. But it promises "substantial" returns in the next 3-4 years, analyst Atul Goyal says, in part due to a ...

Utilities in general are fairly good investments for retirees due to their stability and relatively high level of dividends. Utilities have underperformed the market over the past year, although NextEra Energy has done a better job at keeping up. Electric utilities are favored by ...

Immersion Corporation terminated its “at the market” equity offering program after selling roughly 3.3 million shares, with net proceeds to the company of approximately $36.3 million. Immersion's equity offering looks like smart financial engineering, taking advanta...

Videogame sales kept up a string of monthly records in February, hitting an all-time high of $4.6B industrywide for the month. That's up 35% from February 2020, with broad strength in every spending category as the number take advantage of favorable comps for at least one more month (with the...

Dan Loeb's 13F portfolio value increased from ~$10B to ~$13B this quarter. The number of positions increased from 47 to 73. Third Point added Alphabet and increased Avantor and Planet Fitness while reducing Amazon.com and Alibaba Group Holdings. The top three positions are at ~20%...

Sales of connected TV devices unsurprisingly reached a new high worldwide in the fourth quarter, moving 109.1M units. And the share leader there is Amazon.com (AMZN -0.3%), outpacing the No. 2 streaming-device company, Roku (ROKU -0.8%), as well as smart-TV and game console makers. The overal...

In 2020, video games provided seasoned and rookie gamers an escape through competition and communities amid trying circumstances. We believe the video game industry's performance last year was a major milestone, but it's wasn't an endpoint. Community-driven user engagement and mon...