Nintendo (7974 JT) says Switch 2 profits after the price hike will be roughly equal to last year's
Nintendo's announcement regarding the Switch 2 profits aligning roughly with last year's figures, despite the price hike, suggests that demand may remain stable but is not improving significantly.
Norges Bank Governor Bache says at the moment she does not foresee a pronounced increase in the Policy Rate
European Movers: Evonik (EVK GY) +1.4%, Enel (ENEL IM) +0.4%, Intertek (ITRK LN) -7.3%, IAG (IAG LN) -4.6%, Commerzbank (CBK GY) -1.4%
Nintendo (7974 JT) says Switch 2 profits after the price hike will be roughly equal to last year's
[MARKET UPDATE] Gilts open lower by 15 ticks as the initial readout from the UK local elections is not as bad as some feared for Labour, potentially providing limited/temporary respite to PM Starmer. Reminder, numerous key councils are yet to report.
Turkish Industrial Production YoY (Mar) Y/Y -1.1% (Prev. 2.2%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This could imply that the company is facing pricing pressures and indicates limited growth potential in the near term. Traders should watch for how this affects Nintendo's stock compared to peers in the gaming sector and overall market sentiment toward tech equities.
Related headlines
- DBS Group (DBS SP) rejects a SGD 1.3bln lawsuit from liquidators connected to 1MDB2 hours ago
- Hyundai Motor (005380 KS) is reportedly building a data factory in Korea and gain robot data, ZDnet reports7 hours ago
- Singapore Airlines (SIA SP) seeks tougher terms for Air India funding and greater governance rights, with the latter seeking USD 1.5bln in fresh equity. 10 hours ago
- BHP Group (BHP AT) says new Rio Doce deal brings over BRL 1.2bln in additional reparations payments12 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Bank of Baroda (BOB IS) plans to divest up to 7.69mln NSE shares,12 hours ago
- Mizuho Financial Group (8411 JT) raises its long-term prime rate to 3.40% from 3.25%12 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: China is to allow its USD 568bln social security fund to access the Southbound Bond Connect program14 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 203014 hours ago
- Kioxia (285A JT) CEO dismisses prospects for closer ties with SK Hynix (000660 KS)15 hours ago
- Wildcat lobs counterbid for Austal’s (ASB AT) US division valued at AUD 1.73bln-1.87bln, according to AFR15 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging16 hours ago
- Acer (2353 TT) Aug Revenue (TWD) 30.2bln, +38.4% Y/Y1 day ago
- Samsung Display (005930 KS) is reportedly set to significantly expand 2027's supply volume, focused on foldable phones and iPads, ZDnet reports1 day ago
- PRE-MARKET INDIAN STOCKS NEWS: Adani Power (ADANI IS) received a Letter of Intent to acquire GVK Energy1 day ago
- China tells steel mills to hold off on purchasing Rio Tinto's (RIO AT) ores1 day ago
- Hyundai Merchant Marine (011200 KS) awarded a KRW 4.7tln long-term contract with Vale International1 day ago
- PRE-MARKET CHINESE STOCKS NEWS: Chinese trade data is scheduled for release1 day ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: CapitaLand Investment (CLI SP) is targeting USD 500mln in investor commitments for its third Asia-Pacific credit programme, with a first close targeted by year-end1 day ago
- Taiwan Stock Exchange is to hold an emergency meeting with over 10 major brokerages on cybersecurity, market resilience and investor protection1 day ago
- Rio Tinto (RIO AT) signs interim modernised agreement with the Ngarlawangga Aboriginal Corporation1 day ago
The whole workspace, free to try.
Try it free