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Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025
Sony said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects an operating profit of ¥1.28 trillion (roughly Rs. 74,353 crore). Over the first three months of this year, Sony reported better-than-expected operating income of JPY 203.7 billion (roughly Rs. 11,...
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Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook
Nintendo expects shipments of the Switch 2 to reach 15 million units in the year to March, shy of the 16.8 million average of analyst estimates compiled by Bloomberg. The company may hike prices for the Switch 2 in the US, depending on how Trump administration tariffs work out.
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EA Forecasts Annual Bookings Above Estimates With New Battlefield Game Launching FY 2026
Electronic Arts (EA) forecast fiscal 2026 bookings above Wall Street expectations on Tuesday. EA's positive outlook signals the gaming industry's optimism around sales resilience in the face of a broader pullback in consumer spending amid macroeconomic volatility stemming from US tariffs.
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Bitcoin Price Drops to $94,000 Ahead of US FOMC Meeting as Altcoin Momentum Slows
The overall crypto market dipped by 1.50 percent in the last 24 hours. On Monday, May 5, Bitcoin and Ether both registered small losses. Majority altcoins dropped in their prices as the Federal Open Market Committee (FOMC) gets set to assess US' economic status this week. Market is volatile and analysts advice caution to investors.
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Bitcoin Trades Close to $95,000, Majority Altcoins See Price Reduction as Market Consolidates
The overall crypto market cap clocked a loss of 0.26 percent in the last 24 hours. While Bitcoin saw a minor loss, Ether logged a small gain on Thursday, May 1. The majority of altcoins reflected price dips influenced by unfavourable US economic indicators. Analysts do, however, believe that the market sentiment is optimistic.
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Trump Envoy Steve Witkoff Criticised Over Iran, Hamas, Russia Strategy
The role of Steve Witkoff, the US special envoy to the Middle East, has come under massive scrutiny, with many foreign policy experts and analysts questioning his ability to effectively engage with geopolitical players such as Iran, Hamas and Russia.
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NYT Slammed By US Government Panel Over Its Reportage Of Kashmir Terror Attack
The New York Times has been pulled up by a US House Committee for its reportage of the terror attack in Jammu and Kashmir's Pahalgam, in which 26 people including a foreign national were shot dead after being asked to prove their allegiance to Islam.
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Code Red For Tesla If Elon Musk Stays With White House: Analyst Dan Ives
Tesla shares have fallen 43% since January 17. When the company reports earnings Tuesday, it will face questions about volume sales for 2025.
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Netflix Revenue Rises To $10.5 Billion In Q1 Despite Economic Turmoil
Netflix on Thursday reported quarterly earnings slightly better than analysts expected, saying it is staying focused on what it can control as the overall economy is roiled by US President Donald Trump's trade war.
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Apple Said to Have Airlifted 600 Tons of iPhones From India to 'Beat' Trump Tariffs
Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India. Analysts have warned that US prices of iPhones could surge, given Apple's high reliance on imports from China, the main manufacturing hub of the devices, which is subject to Trump's highest tariff rate of 125 percent.
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Crypto Price Today: Bitcoin Fails to Break Above $76,700 as Market Dips Amid Tariff Tensions
The overall crypto market cap fell by five percent over the last 24 hours. Bitcoin and Ether, both continued to trade in losses owing to the heated trade tensions between the US and other nations. Market analysts have strongly advised investors to be alert and vigilant as markets are expected to remain choppy for the next few days, or even weeks.
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An Eventful Week Ahead For Indian Markets. What Analysts Predict
Stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said.
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Who Is Elissa Slotkin, Former CIA Analyst Who Took On Donald Trump In Congress
Senator Elissa Slotkin, a first-term Democrat from Michigan, delivered a direct and measured response to President Donald Trump's lengthy and combative address to Congress.
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Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion (roughly Rs. 13,008 crore) worth of tokens. The Dubai-headquartered platform, which is not available in the US, had roughly $16.2 billion (roughly Rs. 1,40,489 crore) in assets on its exchange prior to being hacked.
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"No Role For Deep State, Leave It To PM Modi": Trump On Bangladesh Crisis
The regime change in India's neighbour Bangladesh which many geopolitical analysts have attributed to the US' deep state's alleged work in the shadows grazed US President Donald Trump during his joint press briefing with Prime Minister Narendra Modi.
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Sony Sells 18.5 Million PS5 Units in FY 2024, Analysts Say GTA 6 Delay to Impact Sales in 2025
Sony said on Wednesday that it sees a JPY 100 billion ($700 million or roughly Rs. 5,975 crore) impact from US levies in the year to March and expects an operating profit of ¥1.28 trillion (roughly Rs. 74,353 crore). Over the first three months of this year, Sony reported better-than-expected operating income of JPY 203.7 billion (roughly Rs. 11,...
-
Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook
Nintendo expects shipments of the Switch 2 to reach 15 million units in the year to March, shy of the 16.8 million average of analyst estimates compiled by Bloomberg. The company may hike prices for the Switch 2 in the US, depending on how Trump administration tariffs work out.
-
EA Forecasts Annual Bookings Above Estimates With New Battlefield Game Launching FY 2026
Electronic Arts (EA) forecast fiscal 2026 bookings above Wall Street expectations on Tuesday. EA's positive outlook signals the gaming industry's optimism around sales resilience in the face of a broader pullback in consumer spending amid macroeconomic volatility stemming from US tariffs.
-
Bitcoin Price Drops to $94,000 Ahead of US FOMC Meeting as Altcoin Momentum Slows
The overall crypto market dipped by 1.50 percent in the last 24 hours. On Monday, May 5, Bitcoin and Ether both registered small losses. Majority altcoins dropped in their prices as the Federal Open Market Committee (FOMC) gets set to assess US' economic status this week. Market is volatile and analysts advice caution to investors.
-
Bitcoin Trades Close to $95,000, Majority Altcoins See Price Reduction as Market Consolidates
The overall crypto market cap clocked a loss of 0.26 percent in the last 24 hours. While Bitcoin saw a minor loss, Ether logged a small gain on Thursday, May 1. The majority of altcoins reflected price dips influenced by unfavourable US economic indicators. Analysts do, however, believe that the market sentiment is optimistic.
-
Trump Envoy Steve Witkoff Criticised Over Iran, Hamas, Russia Strategy
The role of Steve Witkoff, the US special envoy to the Middle East, has come under massive scrutiny, with many foreign policy experts and analysts questioning his ability to effectively engage with geopolitical players such as Iran, Hamas and Russia.
-
NYT Slammed By US Government Panel Over Its Reportage Of Kashmir Terror Attack
The New York Times has been pulled up by a US House Committee for its reportage of the terror attack in Jammu and Kashmir's Pahalgam, in which 26 people including a foreign national were shot dead after being asked to prove their allegiance to Islam.
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Code Red For Tesla If Elon Musk Stays With White House: Analyst Dan Ives
Tesla shares have fallen 43% since January 17. When the company reports earnings Tuesday, it will face questions about volume sales for 2025.
-
Netflix Revenue Rises To $10.5 Billion In Q1 Despite Economic Turmoil
Netflix on Thursday reported quarterly earnings slightly better than analysts expected, saying it is staying focused on what it can control as the overall economy is roiled by US President Donald Trump's trade war.
-
Apple Said to Have Airlifted 600 Tons of iPhones From India to 'Beat' Trump Tariffs
Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India. Analysts have warned that US prices of iPhones could surge, given Apple's high reliance on imports from China, the main manufacturing hub of the devices, which is subject to Trump's highest tariff rate of 125 percent.
-
Crypto Price Today: Bitcoin Fails to Break Above $76,700 as Market Dips Amid Tariff Tensions
The overall crypto market cap fell by five percent over the last 24 hours. Bitcoin and Ether, both continued to trade in losses owing to the heated trade tensions between the US and other nations. Market analysts have strongly advised investors to be alert and vigilant as markets are expected to remain choppy for the next few days, or even weeks.
-
An Eventful Week Ahead For Indian Markets. What Analysts Predict
Stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said.
-
Who Is Elissa Slotkin, Former CIA Analyst Who Took On Donald Trump In Congress
Senator Elissa Slotkin, a first-term Democrat from Michigan, delivered a direct and measured response to President Donald Trump's lengthy and combative address to Congress.
-
Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion (roughly Rs. 13,008 crore) worth of tokens. The Dubai-headquartered platform, which is not available in the US, had roughly $16.2 billion (roughly Rs. 1,40,489 crore) in assets on its exchange prior to being hacked.
-
"No Role For Deep State, Leave It To PM Modi": Trump On Bangladesh Crisis
The regime change in India's neighbour Bangladesh which many geopolitical analysts have attributed to the US' deep state's alleged work in the shadows grazed US President Donald Trump during his joint press briefing with Prime Minister Narendra Modi.
