Japanese companies Nintendo Co. and Sony Group Corp. are likely to raise prices on their gaming consoles due to significant tariffs imposed by the United States on imports from China. This anticipated price hike may present unexpected financial challenges for consumers looking to purchase the new Switch 2 and PlayStation 5.

Sony Corporation $SONY, a global technology and entertainment conglomerate, has once again captured the attention of investors and analysts with its remarkable achievements. The recent quarterly results showcased significant profit growth in its gaming and music segments, leading to a notable increase in stock prices during morning trading in Tokyo.

Yesterday, Sony $6758.T announced that all PlayStation Plus subscribers would receive an additional five days of service automatically. This decision follows a global outage that affected the PlayStation Network (PSN) for approximately 18 hours on Friday and Saturday. According to Downdetector.com, which tracks website performance issues based on reports from multiple sources, around 7,939 users in the U.S. and about 7,336 users in the U.K. were affected by the outage.