Analysts still optimistic about Sony revival despite its troubles with The Interview
New York
IT MAY not be as far-fetched as the CIA dispatching a celebrity tabloid show host and his producer to assassinate North Korean dictator Kim Jong Un. Yet a 43 per cent rally in the shares of money-losing Sony Corp is pretty remarkable.
Sony has delivered a one-year return that's on par with that of Apple Inc and is one of the top performing stocks in Japan in 2014, easily beating gains of about 9 per cent in Japan's Nikkei 225 and Topix benchmark indexes.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Garmin’s Q1 results beat on strong demand for fitness, auto products
Foxconn’s musical chairs sound like punk rock
US sets up board to advise on safe, secure use of AI
Regulate AI? How US, EU and China are going about It
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming