
Sony's fiscal first quarter profit rises 32%
Sony Group (NYSE:SONY) reported fiscal first-quarter 2026 net profit of ¥342.2 billion, up 32% year over year, as revenue increased across several business areas.
Sony Bank, part of Sony Financial Group, received preliminary approval to create a US trust bank that will issue US dollar stablecoins.
Sony CEO Hiroki Totoki speaks to David Westin on Wall Street Week about the company's funding options for its acquisition plans.
Bloomberg's Chris Palmeri joins Scarlet Fu on "Bloomberg Deals." Sony Music is finalizing a deal to acquire a music catalog from Blackstone that includes works of Justin Bieber and Neil Young in one of the largest such deals in music history, according to people familiar with the matter.