Sony plans to raise the price of its PlayStation 5 console in Japan by nearly 20% due to changes in the global economic environment, the Japanese company said in a blog post.
Shares of Ambarella soared after the semiconductor design company posted better-than-expected second-quarter results and projected revenue growth well above Wall Street expectations.
Box posted higher quarterly revenue and profit and raised its fiscal full-year revenue outlook after the U.S. dollar weakened compared with the Japanese Yen.
Market leader Meituan has launched a service that flies food, drink, medicines and other parcels from a nearby hotel rooftop to one of the ancient wall’s watchtowers.
CrowdStrike is teaming with Nvidia to provide additional safeguards for the chipmaker’s artificial-intelligence workflows and resources.
PVH Corp.’s stock drops 7% after hours despite a beat for the retailer, which owns Calvin Klein and Tommy Hilfiger’s brands.
More U.S. stocks are participating in the recent market rally, with the S&P 500 index further building on its August rebound on Tuesday, according to Bespoke Investment Group.
Shake Shack said it was closing nine company-owned restaurants in California, Texas and Ohio that were underperforming and, in some cases, cannibalizing sales from other locations.
