Sony is raising the price of its PlayStation 5 consoles globally starting April 2nd. In an announcement on Friday , Sony says that the standard PS5 will now cost $649.99, up from $549.99. Meanwhile, the PS5 Digital Edition now costs $599.99 instead of $499.99, and the PlayStation 5 Pro will cost $899.99 instead of $749.99. Along with these changes, Sony is increasing the price of its PlayStation P...
Sony is raising the price of its PlayStation 5 consoles globally starting April 2nd. In an announcement on Friday , Sony says that the standard PS5 will now cost $649.99, up from $549.99. Meanwhile, the PS5 Digital Edition now costs $599.99 instead of $499.99, and the PlayStation 5 Pro will cost $899.99 instead of $749.99. Along with these changes, Sony is increasing the price of its PlayStation Portal as well, going from $199.99 to $249.99. This is the second time in less than a year that Sony has raised the price of its PS5 consoles, as the company hiked prices by $50 for all three models last August . Sony cites "continued pressures in th … Read the full story at The Verge.
Giving your adult children their inheritance early might be the only way they ever own a home — but be careful not to be overgenerous at your own future expense.
Giving your adult children their inheritance early might be the only way they ever own a home — but be careful not to be overgenerous at your own future expense.
First Qatar Supply Shock, Now Cyclone Chaos Slams Major Australian LNG Plants In a troubling overnight development that could further deepen the Gulf energy shock, especially in global LNG markets, a tropical cyclone has disrupted operations at three major Australian LNG facilities, which together account for roughly 8.4% of global supply. The timing is alarming: Iranian strikes have already knock...
First Qatar Supply Shock, Now Cyclone Chaos Slams Major Australian LNG Plants In a troubling overnight development that could further deepen the Gulf energy shock, especially in global LNG markets, a tropical cyclone has disrupted operations at three major Australian LNG facilities, which together account for roughly 8.4% of global supply. The timing is alarming: Iranian strikes have already knocked out about 17% of Qatar's LNG export capacity , with repairs potentially taking years. The Australian outages now add near-term supply risks for buyers, particularly in Asia and Europe, who are already panicking and scrambling for new supplies. Tropical Cyclone Narelle is bearing down on Western Australia's coastline and has sparked major disruptions across three of Australia's top LNG facilities, including Gorgon, Wheatstone, and North West Shelf (as per Bloomberg): Woodside Energy Group Ltd.'s North West Shelf export plant in Western Australia had a production interruption due to severe Tropical Cyclone Narelle, according to a company spokesperson. Meanwhile, Chevron Corp. said one of the three production units at its Gorgon plant was shut, as well as a platform that feeds its Wheatstone facility and domestic gas production. Following the closure of the Strait of Hormuz and Iranian strikes damaging the world's largest liquefaction plant in Qatar, Australia has become the second-largest LNG exporter, with the US in the top spot. " Temporary shut-ins at Australian LNG plants come at the worst time for LNG buyers looking to replace supply from Qatar ," said Josh Runciman, lead analyst for Australian gas at the Institute for Energy Economics and Financial Analysis. "LNG spot prices are likely to increase on the back of the shut-ins, leading to further pain for buyers." MST Marquee analyst Saul Kavonic warned the cyclone "will exacerbate gas market tightness in Asia and Europe, especially if it takes more than a matter of days to normalize Australian production levels again....
Gerville/iStock via Getty Images Introduction WhiteFiber's ( WYFI ) shares are down 60% since its highs in October 2025. The stock was once trading at close to $40 per share, but the share price underwent a serious correction following the fading of its IPO enthusiasm and concerns of an industry-wide AI bubble. Today, the share price is trading below its IPO price of $17 per share, which I view as...
Gerville/iStock via Getty Images Introduction WhiteFiber's ( WYFI ) shares are down 60% since its highs in October 2025. The stock was once trading at close to $40 per share, but the share price underwent a serious correction following the fading of its IPO enthusiasm and concerns of an industry-wide AI bubble. Today, the share price is trading below its IPO price of $17 per share, which I view as a BUY opportunity for the stock. However, I still would recommend a BUY call, which is premised on a few key reasons: First, the company is ramping up the development of its largest NC-1 data center site, which is expected to be a significant driver of earnings going forward. Second, the company has secured a major $865 million contract win with Nscale, which will begin contributing to WhiteFiber's revenue in Q2 FY2026. Lastly, WhiteFiber's shares are trading at an attractive valuation of just 5.3x FY2026 EV/EBITDA, which is a significant discount to its peers, who are trading at more than 20x FY2026 EV/EBITDA. Althoug h Q4 earnings fell short of co nsensus expectations, which caused the stock to tumble further post-results, this is just a minor setback, as monetization from its main NC-1 data center has yet to arrive. Based on the Q4 earnings call, management is expecting to begin monetizing this site around April or May FY2026, with a significant ramp in revenue expected in Q2 FY2026. Business Overview WhiteFiber is a Tier 3 HPC data center operator based in Montreal, Canada. The company also provides GPU and colocation services to customers for AI and Machine Learning applications. WhiteFiber was a former subsidiary under Bit Digital (which is a Bitcoin Mining/Ethereum Treasury company), but Bit Digital chose to list WhiteFiber to pursue data center opportunities, which is a rapidly booming market. Today, Bit Digital still owns a large stake in WhiteFiber, as they still retain 70% of all outstanding shares. What sets WhiteFiber apart is its Tier 3 Data Center status; th...
Investing.com -- The European Union must reduce regulation of U.S. technology companies if it wants to participate in the artificial intelligence economy, U.S. ambassador to the EU Andrew Puzder told CNBC on Friday.
Investing.com -- The European Union must reduce regulation of U.S. technology companies if it wants to participate in the artificial intelligence economy, U.S. ambassador to the EU Andrew Puzder told CNBC on Friday.
(RTTNews) - U.K.'s equity benchmark FTSE 100 fell for a second straight day, as stocks drifted lower on Friday amid persisting concerns about the situation in the Middle East, worries about inflation and possible interest rate hikes by central banks.
(RTTNews) - U.K.'s equity benchmark FTSE 100 fell for a second straight day, as stocks drifted lower on Friday amid persisting concerns about the situation in the Middle East, worries about inflation and possible interest rate hikes by central banks.
(RTTNews) - Clarke Inc. (CLKFF, CKI.TO), a Canadian investment holding company, on Friday announced that it has entered into an arrangement agreement to acquire all outstanding units and debentures of Ravelin Properties REIT (SLTTF, RPR-UN.TO) for approximately $1.1 billion, inc
(RTTNews) - Clarke Inc. (CLKFF, CKI.TO), a Canadian investment holding company, on Friday announced that it has entered into an arrangement agreement to acquire all outstanding units and debentures of Ravelin Properties REIT (SLTTF, RPR-UN.TO) for approximately $1.1 billion, inc
SAP ( SAP ) announced on Friday that it has entered into a deal to acquire master data management software provider Reltio to help customers make their SAP and non-SAP enterprise data AI-ready. Terms of the deal were not disclosed. "Reltio is a natural fit with SAP," said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product & Engineering. "Acquiring them will further improve our pos...
SAP ( SAP ) announced on Friday that it has entered into a deal to acquire master data management software provider Reltio to help customers make their SAP and non-SAP enterprise data AI-ready. Terms of the deal were not disclosed. "Reltio is a natural fit with SAP," said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product & Engineering. "Acquiring them will further improve our position as a leading business AI provider, combining SAP and non-SAP data to deliver data context that business AI requires. AI cannot reach its full potential when data is fragmented across business units, platforms and domains without connection or context." The deal is expected to close in the second or third quarter of 2026 and is subject to customary closing conditions, including regulatory approvals. SAP shares fell 1.6% in premarket trading on Friday and have declined more than 37% over the past 12 months. More on SAP SE SAP: Fast Approaching 'Buy' Territory, But I Wouldn't Rush It SAP SE (SAP) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript SAP SE (SAP) Presents at Goldman Sachs European Technology Conference 2026 Transcript SAP CEO announces leadership changes as part of AI pivot SAP investors, partners raise doubt on firm's AI tools: report