On Tuesday, Sony Group Corporation (NYSE: SONY) reported its fourth quarter results. Sony’s net profit grew from stronger earnings that were generated by its gaming and move business. Fiscal Fourth Quarter And Fiscal Year Highlights For the three months that ended in March, Sony reported revenue grew 13% YoY to 3.481 trillion yen, while net profit rose 34% YoY to 189.005 billion yen which is about $1.21 billion. The gaming business reported that operating profit more than doubled to 105.98 billi
Li Auto reports a 37% decline in first-quarter net profit, Norwegian Cruise Line raises its full-year earnings guidance, and Nvidia is the highlight of corporate earnings this week.
The meme stocks that popped back up on the scene after going quiet for three years were trying to figure out where they wanted to head on Monday. GameStop, the videogame retailer, was off 0.1%, to $22.21; AMC was up 6.4%, to $4.68. Appetite for highly volatile stocks might be curbed by geopolitical events now.