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Sony Q2 profit jumps on 'Spider-Man' and PlayStation boost

Sony Q2 profit jumps on 'Spider-Man' and PlayStation boost

By Sam Nussey TOKYO, Nov 5 (Reuters) - Sony on Thursday reported a 45% rise in second-quarter operating profit to 622.3 billion yen ($3.95 billion), beating market estimates, due to stronger performance at its games and movies units.

Japanese video game company Nintendo reports rising profit, falling sales

Japanese video game company Nintendo reports rising profit, falling sales

Japanese video-game maker Nintendo has reported an11% improvement in its net profit for April-September, although its sales declined during that period

Japan's Sony reports a hefty profit on the back of its blockbuster 'Spider-Man' movie

Japan's Sony reports a hefty profit on the back of its blockbuster 'Spider-Man' movie

Japanese electronics and entertainment company Sony has reported a 44% surge in its profit in July-September, largely on the box office success of its movie, “Spider-Man: Brand New Day.”

Qualcomm shares slump as weak smartphone chip sales overshadow data-center momentum

Qualcomm shares slump as weak smartphone chip sales overshadow data-center momentum

Nov 5 (Reuters) - Qualcomm shares dropped over 9% in early trading on Thursday after the company's smartphone chip sales missed Wall Street estimates, raising concerns that weakness in its core handset business could offset gains from newer growth in areas such as data-center chips.

Macronix to Cease ROM Production for Nintendo Switch Cartridges, Citing Declining Demand

Macronix to Cease ROM Production for Nintendo Switch Cartridges, Citing Declining Demand

Macronix to Cease ROM Production for Nintendo Switch Cartridges, Citing Declining Demand

Qualcomm Reports 26% Decline in Handset Revenue, Automotive Segment Surges 89%

Qualcomm Reports 26% Decline in Handset Revenue, Automotive Segment Surges 89%

Qualcomm Reports 26% Decline in Handset Revenue, Automotive Segment Surges 89%

AMD shares rise as AI-driven data-center strength fuels growth outlook

AMD shares rise as AI-driven data-center strength fuels growth outlook

Nov 4 (Reuters) - Advanced Micro Devices rose 3% in early trading after the US chipmaker forecast faster growth through 2027, reassuring investors that demand for AI infrastructure remains strong.

Qualcomm slumps as weak smartphone chip sales overshadow data-center momentum

Qualcomm slumps as weak smartphone chip sales overshadow data-center momentum

Nov 5 (Reuters) - Qualcomm shares dropped about 9% in premarket trading on Thursday after smartphone chip sales missed Wall Street estimates, raising concerns that weakness in its core handset business could offset gains from newer growth areas such as data-center chips.

Uber's profit forecast disappoints as driver shortages, Middle East conflict hurt

Uber's profit forecast disappoints as driver shortages, Middle East conflict hurt

Nov 4 (Reuters) - Uber forecast adjusted profit below Wall Street expectations on Wednesday, as driver shortages, higher fuel costs and the Middle East conflict weighed on ride-hailing growth in markets ranging from India and Brazil to Canada.

Humana raises full-year profit forecast on lower medical costs

Humana raises full-year profit forecast on lower medical costs

Nov 6 (Reuters) - Humana raised its annual profit forecast on Friday as it expects medical costs to remain in check during the year.

Humana lifts annual profit forecast as medical costs ease

Humana lifts annual profit forecast as medical costs ease

By Sneha S K and Christy Santhosh Nov 6 (Reuters) - Humana raised its full-year profit forecast on Friday after reporting lower-than-expected medical costs as the health insurer positions itself for a return to improved profit margins by 2028, sending its shares up 3.2% in morning trading.

Tapestry lifts outlook as young shoppers snap up Coach bags, shares jump

Tapestry lifts outlook as young shoppers snap up Coach bags, shares jump

By Danielle Kaye and Anuja Bharat Mistry Nov 5 (Reuters) - Tapestry raised its annual revenue and profit forecasts on Thursday, betting on younger affluent shoppers buying its Coach handbags during the holiday season, even as the broader luxury sector grapples with a spending slowdown.