Sony Boosts Profit Outlook on Entertainment Strength and Sensor Demand
Sony raises annual profit forecast to $9.3B, beating estimates with strong entertainment content, smartphone sensors, and PS5 sales. Shares jump 6% on positive outlook.
Sony raises annual profit forecast to $9.3B, beating estimates with strong entertainment content, smartphone sensors, and PS5 sales. Shares jump 6% on positive outlook.
Drone and defense tech leader AeroVironment reported a wider Q3 loss, missed estimates, and cut full-year forecasts due to timing delays and a setback in its space unit — but a record $1.1B backlog points to strong growth ahead.
Oracle beat Wall Street estimates in its fiscal Q3 2026 with $17.2 billion revenue, fueled by explosive demand for AI cloud services. The tech giant raised its 2027 guidance and saw strong growth in infrastructure bookings.
Salesforce eyes up to $25B in bonds—its largest ever—to fund share buybacks, amid AI worries and credit downgrades from Moody's and S&P.