SK Hynix Targets $29.4 Billion Nasdaq Listing to Expand AI Chip Business 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates 
SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom 
Tesla and NatPower Partner on $5 Billion Battery Storage Expansion in Europe 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion 
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal 
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes 
Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook 
Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast 
Sony Group Corp. will spend about ¥2 trillion in the next three years to multiply sixfold its number of users globally from 160 million to one billion, according to Sony Group Chairman and CEO Kenichiro Yoshida.
The company's key growth areas are in entertainment and technology, such as gaming and anime.
Sony is riding on the popularity of its PlayStation 5 game console and related software and the animated movie based on the popular “Demon Slayer” manga series. Yoshida noted that anime and gaming go together “quite well.”
Gaming accounts for its largest customer segment with about 100 million users, according to Yoshida. He explained that one way to reach a billion customers is to expand what they have while another is to create new communities of interest.
The pandemic has boosted Sony's sales as people spend more time playing games and using other forms of home entertainment services.
With its PlayStation 5 meeting robust demand since its November launch, Sony Group has set a second-year global sales target at 14.80 million units.
