Sony profit jumps 22% in December quarter, beating expectations and lifting full-year outlook

Sony profit jumps 22% in December quarter, beating expectations and lifting full-year outlook

The logo of Japanese entertainment and electronics giant Sony is displayed at the company’s headquarters in Tokyo on May 14, 2025. Kazuhiro Nogi | Afp | Getty Images Sony on Thursday reported a rise in operating profit that beat expectations, supported by favorable foreign exchange rates despite surging memory chip costs.  Here are Sony’s December…

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Shares of Arm plunge 8% after licensing revenue misses estimates, Qualcomm outlook adds pressure

Shares of Arm plunge 8% after licensing revenue misses estimates, Qualcomm outlook adds pressure

The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images Shares of UK-based semiconductor designer Arm Holdings plunged 7.48% in after-hours trading Wednesday after the company’s licensing revenue…

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Kospi plunges almost 2%, dragged by tech sell-off, as Asia-Pacific markets mostly fall

Kospi plunges almost 2%, dragged by tech sell-off, as Asia-Pacific markets mostly fall

Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc., displays an AMD Instinct MI455X GPU during the 2026 CES event in Las Vegas, Jan. 5, 2026. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly fell Thursday as the tech sell-off on Wall Street gained momentum, with cryptocurrencies also falling. Notably, Advanced…

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U.S. plans critical mineral price floors with Mexico, EU and Japan

U.S. plans critical mineral price floors with Mexico, EU and Japan

The United States is developing plans with Mexico, the European Union and Japan to implement minimum prices for critical minerals, the U.S. Trade Representative said Wednesday. The Trump Administration is exploring a partnership with Mexico on critical minerals as part of a scheduled review of the United States-Mexico-Canada trade agreement (USMCA) by July 1. Trade…

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Wall Street is concerned about AMD’s profitability despite its high spending. Here’s a roundup of worries

Wall Street is concerned about AMD’s profitability despite its high spending. Here’s a roundup of worries

Analysts across Wall Street remained largely neutral on Advanced Micro Devices despite its latest earnings beat , citing brewing concerns around the chipmaker’s overall profitability. In its fourth quarter, AMD reported earnings of $1.53 per share, exceeding the $1.32 analysts polled by LSEG had penciled in. The firm’s $10.27 billion revenue also came in above…

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