Latest news with #Sony
Yahoo
8 minutes ago
- Business
- Yahoo
Jim Cramer on Sony: 'I Don't Want to be There'
Sony Group Corporation (NYSE:SONY) is one of the stocks Jim Cramer reflected on. During the episode, a caller inquired about the stock in light of the tariffs, and Cramer replied: 'I don't want to be there. I don't want to be there because I think Japan's going to get the brunt. Too many soldiers there. We've done too much for them. I think that Japan and Korea, the next wave, is what, I think that Jay Powell's worried about too.' Photo by Fabian Albert on Unsplash Sony (NYSE:SONY) develops and sells electronics, gaming consoles, software, and digital content, and provides network services across gaming, video, and music. Additionally, the company also produces music, films, TV content, and provides broadband, imaging, storage, and financial services. Aristotle Capital Management, LLC stated the following regarding Sony Group Corporation (NYSE:SONY) in its Q1 2025 investor letter: 'Sony Group Corporation (NYSE:SONY), the global leader in video games, image sensors, music and movies, was the top contributor for the period. The company delivered strong quarterly results, driven primarily by its gaming and music businesses, and announced a new executive leadership structure. In gaming, Sony reported a record-high 129 million monthly active users, a 20% year-over year increase in PlayStation Plus revenue and an expanding user base, as 40% of new PS5 console buyers were new to the platform. The Music segment also continued to benefit from global streaming tailwinds, delivering double-digit profit growth. In a significant leadership transition, Sony announced that, effective April 1, 2025, Hiroki Totoki, currently COO and CFO, would succeed Kenichiro Yoshida as CEO. Our original investment in Sony was grounded in the strategic transformation led by Yoshida-san, where Totoki-san was an instrumental partner in driving Sony's pivot away from commoditized businesses while spearheading investments in content IP and semiconductors. Looking ahead, we continue to see opportunity for Sony to capitalize on its unique position as both a content creator and platform owner. The company's ability to integrate gaming, music, anime and film and leverage IP across platforms (e.g., Crunchyroll and its recent partnership with Kadokawa) should position it well for long-term value creation.' While we acknowledge the potential of SONY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Digital Trends
39 minutes ago
- Digital Trends
Hisense's mega 116-inch RGB Mini-LED TV has a mammoth price tag
What's happened? There's a new mega-TV on the block in the form of the 116-inch Hisense UX RGB Mini-LED TV. It's the future of TV technology, and a potential 'OLED killer'. And while it's not quite on sale just yet, we now know how much it will set you back. This is important because: Hisense is the first in the world to mass produce a RGB Mini-LED TV, setting a new benchmark for the screen technology. The image quality of the Hisense UX should be brilliantly bright, colorful and bold. Instead of using only white LEDs and a color filter as a light source, RGB Mini-LED TVs use red, green and blue Mini-LEDs to produce more accurate color and contrast. The set boasts a peak brightness of 8,000 nits, and Hisense says it offers 'industry-leading color coverage of up to 95% BT.2020'. The 116UX runs Google TV, giving you easy access to streaming apps such as Netflix, Prime Video and YouTube. Recommended Videos Why should I care? RBG Mini-LED TVs are the next big thing in the world of televisions, with the potential to topple OLED as the go-to screen type for the best TVs of the future. Sony gave us a sneak peek at its RGB Mini-LED TV prototype earlier this year, which led to us declaring 'if there was ever going to be an OLED killer — at least in the premium TV space — this is it. It's a game-changer.' Now we're past the prototype phase, with Hisense primed to deliver the first RGB Mini-LED set to consumers around the world very soon, with availability in the US. Ok, what's next? It's probably time to start saving. New technology rarely comes cheap, and the Hisense UX is no exception with Best Buy currently listing the set at a staggering $29,999. It's not in stock just yet, but we expect it to be available in next couple of months. Looking further ahead, the introduction of the Hisense UX signals the start of a new wave of TVs. As the likes of LG, Samsung and Sony launch rival products, we'll see a reduction in screen size and price as the technology is refined and manufacturing made more efficient, allowing for a reduction in costs across the board.
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Business Standard
40 minutes ago
- Business Standard
Tech Wrap July 23: Sony Bravia 5, OnePlus Pad Lite, Realme Narzo 80 Lite
Sony Bravia 5 mini LED TV, OnePlus Pad Lite, and Realme Narzo 80 Lite 4G launched. One UI 8 update's rollout for Galaxy Ultra watch. Google rolls out Pixel Drop. Apple iOS 26 developer beta 4 released BS Tech New Delhi Sony launches 98-inch Bravia 5 mini LED TV in India at ₹6.49 lakh Sony has introduced a 98-inch model to its Bravia 5 mini LED TV series in India. This new variant joins the existing 55-, 65-, 75-, and 85-inch models, making it the fifth offering in the range. Equipped with Dolby Vision and Dolby Atmos, the large-screen TV is marketed as a high-end home theatre solution, enhanced with AI-powered sound and picture optimization. OnePlus has released the OnePlus Pad Lite in India, with a starting price of ₹15,999. The tablet runs on the MediaTek Helio G100 chipset and features an 11-inch screen. It is powered by a 9340mAh battery, which the company claims offers up to 80 hours of music or 11 hours of video playback. The device also supports up to 54 days of standby time. Realme has unveiled the Narzo 80 Lite 4G smartphone in India, with a base price of Rs 7,299. The phone features an octa-core processor and a 6,300mAh battery, which is claimed to provide up to two days of usage. With a slim 7.94mm body, it is among the thinnest in its category and sports Realme's signature Pulse Light design on the rear. Samsung has begun rolling out the One UI 8 Watch update for its Galaxy Watch Ultra. The update introduces an upgraded health tracking experience and a refreshed interface for improved readability. While the Galaxy Watch 8 and 8 Classic launched with One UI 8 Watch, this update ensures that the Galaxy Watch Ultra—recently refreshed in Titanium Blue at the July 9 Galaxy Unpacked event—also benefits from the latest software. Google's latest Pixel Drop brings several new features to Pixel users. Highlights include AI-powered video generation through the Gemini app, a new Pixel VIPs widget for quick contact access, LE Audio support for hearing aids, and creative additions within Pixel Studio. The update aims to elevate creative potential and accessibility on compatible Pixel devices. Apple has rolled out the fourth developer beta of iOS 26, offering further clarity on what users can expect in the upcoming public beta, which is expected later this week. As reported by TechCrunch, the new beta doesn't bring major overhauls but enhances visual appeal, refines AI features, and smooths app interactions. Microsoft has shared details about its upcoming Windows 11 update, which brings a host of improvements for general users and those with Copilot+ PCs. The update enhances user interaction, accessibility, and core functions in Settings, Paint, Snipping Tool, and Photos. Additionally, it expands on-device AI support with features like Click to Do, Copilot Vision, and a new system settings agent. Four new Everdark Sovereigns arrive in Elden Ring Nightreign Japanese video game developer FormSoftware has introduced a fresh batch of enhanced boss fights for Elden Ring: Nightreign players. Earlier last month, Elden Ring: Nightreign introduced tougher fights with the 'Everdark Sovereigns,' which are more difficult versions of the game's Nightlord foes that they usually face to conclude a run. Now, building on that, a new batch of challenging fights has been introduced. Microsoft has launched a 5G-enabled variant of its Surface Laptop, aimed at business users. This version is equipped with Intel's Core Ultra Series 2 processors and includes a dedicated neural processing unit (NPU) to support AI features and enhance the Copilot Plus experience. With its release still over a year away, GTA 6 continues to generate buzz—this time around possible performance specs. A new video has triggered speculation that Grand Theft Auto VI may support 60 frames-per-second gameplay, though this may be exclusive to select consoles like the Sony PS5 Pro. Apple's iCloud and Google Photos both offer media cloud storage but operate within distinct ecosystems. While iCloud syncs across Apple devices with 5GB of free storage, Google Photos offers 15GB spread across its services and integrates smart tools for organization and sharing. As these systems don't directly sync, transferring data between them requires a few additional steps. A recent report from UK research firm Public First highlights Android's economic impact in India. The Android ecosystem reportedly contributed around ₹4 trillion in revenue in 2024, supporting app developers and the broader digital economy. The findings, shared by news agency PTI, also note the creation of 3.5 million jobs linked to Android and the Play Store. Anthropic, a leading AI firm from Silicon Valley, has warned that the US is falling behind China in energy production, which could hinder its AI advancements. The company urged U.S. policymakers to streamline infrastructure development. Citing a February 2025 report from Climate Energy Finance, Anthropic noted that China added 400 gigawatts of new capacity last year, while the U.S. added only 'several dozen', roughly one-tenth of China's total. OpenAI CEO Sam Altman has raised alarms about the growing risk of AI-driven voice fraud in the financial sector. Speaking at a Federal Reserve event in Washington, Altman noted that the ability of AI tools to mimic voices could bypass security measures. 'A thing that terrifies me is apparently there are still some financial institutions that will accept the voiceprint as authentication,' he said. 'That is a crazy thing to still be doing. AI has fully defeated that.'
Bloomberg
40 minutes ago
- Business
- Bloomberg
Nintendo Switch 2 Sets Record as Fastest-Selling Console in US
Nintendo Co. 's new Switch 2 console sustained its blistering start to sales globally by setting a new record for the fastest-selling video game device in US history. The Japanese company sold 1.6 million units of its $450 console in the US in June, the highest launch month for any console in the country, according to market tracker Circana. The previous high was 1.1 million units for Sony Group Corp. 's PlayStation 4 in 2013.
The Verge
3 hours ago
- The Verge
Sony's new PS5 Power Saver mode sounds ideal for a PlayStation handheld
Sony is starting to test a new Power Saver mode for PS5 consoles that will allow games to 'run with lower power consumption.' The Power Saver mode is being revealed as part of a new PS5 system update beta today, which allows you to pair a DualSense controller with multiple devices. The Power Saver mode will scale back game performance in favor of lower power consumption, and sounds ideal for Sony's rumored PlayStation handheld. 'While this feature won't be available during the beta phase, once it officially launches, supported PS5 games will scale back performance and will allow your PS5 to reduce its power consumption when the feature is enabled optionally by gamers,' says Shuzo Kikuchi, vice president of product management at Sony Interactive Entertainment. Kikuchi says Sony will share supported PS5 games and performance impacts 'closer to launch.' The feature is clearly part of Sony's environmental commitments, but it also sounds like an early way to get PS5 developers ready to think about offering even more modes for games — especially if a portable PlayStation console is on the way that plays PS5 games on the go. Microsoft also asks game developers to build multiple game modes to support its Xbox Series S console. While you won't be able to test the Power Saver mode just yet, today's PS5 beta will allow you to pair up to four devices simultaneously to a single DualSense controller. You'll also be able to easily switch between devices from your controller, using the PS button and the triangle, circle, cross, and square buttons for the four paired slots. Posts from this author will be added to your daily email digest and your homepage feed. See All by Tom Warren Posts from this topic will be added to your daily email digest and your homepage feed. See All Gaming Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All PlayStation Posts from this topic will be added to your daily email digest and your homepage feed. See All Sony Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech
