Sony

SONY

Market cap $124B

Denver, CO, April 14, 2026 (GLOBE NEWSWIRE) -- Businessolver today announced the appointment of Sony SungChu as Chief AI Officer, reflecting Businessolver's view that artificial intelligence is no longer an enhancement to benefits administration, but a foundation to how clarity, trust, and speed are delivered at scale.  

In the most recent trading session, Sony (SONY) closed at $21.38, indicating a +2.39% shift from the previous trading day.

EXCLUSIVE: Sony Pictures Entertainment is proceeding with layoffs starting Tuesday across the motion picture group, teleivsion and corporate offices, in what is seen as a months-long process. The number being pink-slipped is estimated to be in the end a few hundred from a global staff which numbers north of 12,000.

In the most recent trading session, Sony (SONY) closed at $21.12, indicating a +2.03% shift from the previous trading day.

Sony is upgraded to a buy after a 30% stock decline, creating valuation asymmetry and a margin of safety. SONY's diversified business model—games, music, imaging—offers resilient, high-margin revenue streams and strong long-term compounding potential. The upcoming GTA VI launch is a major catalyst, expected to drive significant PS5/PS5 Pro sales and recurring platform revenue.

Sony announced plans to raise the price of its PlayStation 5 consoles by $100 in the U.S. to account for a shortage of memory chips that has increased costs.

The dip is also tracking a risk-off tone in early trading as major indices are pointing lower.

Sony plans to raise prices of its PlayStation 5 console from April due to "pressures in the global economic landscape." In the U.S., the PS5 disc and digital edition will jump by $100 by the PS5 Pro price go up by $150.

Sony Group is raising global prices of its PlayStation 5 consoles, including a $100 increase in the ​U.S., marking its second hike in less than ‌a year as the Japanese firm grapples with rising costs of key components such as memory chips.

This is a developing story. Check back for updates.