Future Tech
Sony shares jump 9% after profit forecast hike
TOKYO - Shares in Sony Group Corp leapt 9% on Wednesday morning in Tokyo after the entertainment conglomerate raised its full year profit forecast in contrast to lacklustre projections by many industry peers.
Sony also reported that it produced more than 6.5 million PlayStation 5 units during the second quarter ahead of the year-end shopping season, signalling that supply chain snarls that have hampered the games business are easing.
- Reuters
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
