Streetbeat News

NINOY

Nikon Corporation

https://www.nikon.co.jp/

CEO

Toshikazu Umatate

Industry

Optical Instrument and Lens Manufacturing

Open

12.50

Mkt cap

4.3B

Volume

170

High

12.50

P/E Ratio

25.73

52-wk high

13.07

Low

12.35

Div yield

N/A

52-wk low

9.06

Sierra, an AI startup co-founded by Bret Taylor, has reached a $4.5 billion valuation after a successful funding round. This positions Sierra above established brands like Nikon and Macy's in terms of market capitalization. The company specializes in AI-powered customer service chatbots and serves clients such as WeightWatchers and SiriusXM.

Portfolio Pulse from Ananya Gairola

October 29, 2024 | 5:39 am

Canon has launched its latest flagship mirrorless camera, the EOS R1, priced at $6,299 in the U.S., aiming to compete with Sony and Nikon. The camera features advanced autofocus and is designed for professional use. Canon leads global mirrorless camera shipments but faces competition from Sony in Japan.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 10:07 am

Nikon Corporation (OTCPK: NINOY) is set to acquire RED.com, LLC, a leading U.S. cinema camera manufacturer, aiming to strengthen its position in the professional digital cinema camera market. The acquisition, negotiated with RED's founder and president, will make RED a wholly-owned subsidiary of Nikon. This move follows a legal dispute between the two companies over Nikon's Z9 camera, which has now been resolved with the dismissal of the case. Nikon plans to leverage RED's technology and expertise to expand its offerings in the cinema camera market.

Portfolio Pulse from Rounak Jain

March 07, 2024 | 9:35 am

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