by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Sony expects image sensors and music to be strong this year PlayStation 5 hardware sales set to remain under pressure Sony Group Corp.’s stock climbed its most in more than 18 months after it announced a share buyback and a stock split and net income beat estimates in...
by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Google Glass — the augmented-reality headset that flopped with consumers a decade ago — is poised for a revival, thanks to artificial intelligence. Alphabet Inc.’s Google has struggled for years to get AR spectacles to work. After the initial headset was phased out in...
by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Goldman Sachs Group Inc. President John Waldron said the US government should not be lulled into thinking that there’s insatiable appetite for its debt. “There’s no evidence we cannot just keep going, but those of us who have been watching this for a long time are...
by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Burberry Plc is expected to report yet another quarter of declining sales, as the trench-coat maker grapples with weak demand from Chinese and US shoppers. The British fashion house will likely reveal that its fiscal fourth quarter — which will be reported on...
by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Rate cut bets drive highest optimism since November 2021: BofA But investors expect weaker global growth, corporate earnings Wagers on interest rate cuts have sent investor optimism to a two-and-a-half-year high, but stocks will suffer if evidence of stagflation...
by Bloomberg.com | May 14, 2024 | alerts, Markets/Economy
Daiwa Securities will become Aozora’s biggest shareholder Aozora posted first loss in 15 years after US property turmoil Daiwa Securities Group Inc. shares tumbled after the firm said it will take a stake in Aozora Bank Ltd., which just suffered its first loss in 15...
