Tag

earnings

4 stories tagged earnings

Nintendo Stock Just Cratered Again on Monday — Tokyo Shares Hit Their Lowest Since August 2024 as Investors Punish a 17% Switch 2 Forecast Cut, a Dividend Slash, and a Software Pipeline With No Confirmed Mario Game

Nintendo shares fell as much as 10% in Tokyo on Monday — a second straight session of losses after Friday's earnings — pushing the stock to a 21-month low. The trigger: a 16.5 million Switch 2 forecast, a dividend cut to 162 yen, and a 100 billion yen hit from the AI-driven DRAM chip surge.

news1 week ago

Sony Just Took a $765 Million Impairment Loss on Bungie — Marathon Failed to Land, Destiny 2 Kept Sinking, and the 2022 Acquisition Has Now Burned Through More Than 20% of Its $3.6 Billion Price Tag

Sony's FY2025 results add another $565 million Bungie writedown on top of October's $200 million one, totaling $765 million in impairments — more than 20% of the original $3.6B acquisition price. Sony cited Marathon's failed March launch (currently 6,000-15,000 concurrent on Steam) and Destiny 2's continued engagement decline.

news1 week ago

PS5 Sales Just Cratered 46% as Sony's Earnings Pivot Hard to AI — Naughty Dog and San Diego Studio Are Already Shipping a Tool That Generates Facial Animation in Seconds, Plus a Hair Pipeline That Eats Real-Life Video and Spits Out Strand-Level 3D Models

Sony shipped 1.5 million PS5s in Q4 FY25 against 2.8 million a year earlier, blaming a global memory crunch driven by AI data-center demand. PlayStation CEO Hideaki Nishino spent the rest of the call pivoting to AI tooling — naming Mockingbird (facial animation, used by Naughty Dog and San Diego Studio) and an unnamed hair pipeline that converts video of real hairstyles into strand-level 3D groomed models.

news2 weeks ago

Forza Horizon 5 Is Carrying Xbox on PS5 — But the Rest of Microsoft's Multiplatform Gamble Is Reigniting the Exclusivity Debate

Forza Horizon 5 has reportedly pulled in over $300M and 5M+ copies on PS5, but Microsoft's other multiplatform ports are quietly underperforming — and combined with a 33% hardware revenue collapse, it's pushing Xbox to actively reconsider exclusivity ahead of the May 7 Project Helix reveal.