Shares of Sony and Nintendo tumble as Google unveils video game ambitions

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Sony Corp. PlayStation and Nintendo Co. Switch game console signage is displayed during the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Wednesday, June 14, 2017.

Patrick T. Fallon | Bloomberg | Getty Images

Sony Corp. PlayStation and Nintendo Co. Switch game console signage is displayed during the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Wednesday, June 14, 2017.

Shares of Japanese video gaming heavyweights Nintendo and Sony tumbled in Wednesday morning trade following Google’s unveiling on Tuesday of its game streaming platform.

Microsoft. In particular, Sony and Microsoft are expected to announce more details about their next generation consoles in the coming months, with their current generation of consoles approaching the six-year-old mark.

Source: CNBC

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