Sat, May 14, 2022 5:03 PM
UAE’s Etisalat acquires 9.8% stake in Vodafone for $4.4 Billion
Sony Group Corp's gaming chief, on Thursday, announced that the company is eyeing to improve its production plan for the PlayStation 5 console. The tech conglomerate took this decision as supply chain snarls have eased considerably. Notably, the PS5 undersold its predecessor in its second year on account of supply shortages that adversely impacted the electronics industry at that time.
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Analysts are of the opinion that the shares of the payment platform PayPal could be a risky bet for investors as its business is not showing any signs of a potential turnaround. Analyst Trevor Williams stayed firm on his "Hold" rating for the PayPal stock and decreased his price target from $95 to $85, owing to an exacerbation of online-store traffic growth.
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✅Hindusthan Zinc: CMP ₹07.50. Its scrip jumped over 4% after the CCEA gave its nod to the proposal of sale of the govt.'s entire stake in the company. ⛔IndiGo: CMP ₹1,648. the scrip slipped more than 2% after it posted a net loss in Q4FY22. ✅Deepak Fertilizers: CMP ₹596.10 The firm's stock surged by 5% after reporting a net profit in Q4FY22.
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