Here are the most important news items that investors need to start their trading day.
. The Japanese electronics and entertainment giant is in a tough spot with its gaming business. The demand that drove sales during the height of Covid lockdowns has dried up as people head back out to the office, restaurants and vacation spots. Sony is also struggling to meet demand for its PlayStation 5 console due to supply chain issues. The PlayStation mobile gaming unit will operate independently from the console business, the company said.
Ukraine has started a counteroffensive against Russian forces in the southern part of the nation, and it appears the Ukrainian military might have scored some early success. A spokesperson for Ukraine's forces in the South told NBC News that some Russian forces have started to retreat. The news came as British intelligence said Russian forces in that region, particularly those in and around the city of Kherson, could be shorthanded and disorganized.
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