WTI crude oil fell by 1.00% in the day and is now reported at $69.26/barrel.Italian 10-year bond yields continued to rise, rising by 10 basis points to 3.29%.WTI crude oil fell by 1.0% in the day to 69.17 USD/barrel.
Sony rose more than 2% and hit a new high. Institutions are optimistic about its unique positioning. SONY.US rose more than 2%, hitting a maximum of $22.67, a record high since February 2022. Sony's Japanese shares rose nearly 3% today, once again hitting a record high. In the news, Sony previously announced that for the current fiscal year that will end at the end of March next year, the expected operating profit will reach 1.31 trillion yen, about six times that of fiscal year 1999. Among them, the entertainment business is expected to contribute 60% of the overall profit, while the electronic business is no longer reported as a department alone. Yasuo Nakane, head of global technology research at Mizuho, explained that Sony has a horizontal axis in film, music, games and animation, and a vertical axis from production to distribution. The company also has electronic technology, including image sensors, cameras and software, which makes it in a unique position compared with Apple, Netflix or Samsung.US National Security Adviser Sullivan: When I met with Israeli Prime Minister Benjamin Netanyahu, I felt that he was ready to reach an agreement.Sullivan, US National Security Adviser: I have had a good discussion with my successor to ensure a smooth handover.
Institution: The European Central Bank may further cut interest rates by 100 basis points in 2025. Des Lawrence, an analyst at State Street Global Investment Management, said that after the European Central Bank cut interest rates by 25 basis points, it may cut interest rates by another 100 basis points in 2025. The senior investment strategist said in a report that the European Central Bank can and should cut interest rates further in the coming quarters. Lawrence said that the recent PMI data shows that the economic slowdown is expanding beyond the troubled manufacturing industry, and the service industry is also under pressure.US National Security Adviser Sullivan: When I met with Israeli Prime Minister Benjamin Netanyahu, I felt that he was ready to reach an agreement.Adobe(ADBE.O) fell by 12%, the biggest one-day drop since March 15th.