Nintendo's Switch 2 scores record early sales
TechXplore· 2025-06-11 08:49
Core Insights - The Nintendo Switch 2 has achieved record-breaking sales, becoming the fastest-selling console ever with 3.5 million units sold in its first four days [3][4] - The console is priced at $449.99 in the U.S., significantly higher than the original Switch's launch price of $299.99 [7][8] - Analysts express concerns about sustaining sales momentum in the long term, especially given the high price point and competition [5][6] Sales Performance - The Switch 2 reached the highest global sales level for any Nintendo hardware within the first four days of its release [4] - It surpassed the original Switch and Sony's PlayStation 5, which sold 2.7 million and 3.4 million units in their first month, respectively [4] - Nintendo forecasts selling 15 million Switch 2 consoles in the current financial year, similar to the original Switch's performance in the same timeframe [7] Pricing Strategy - The high price of the Switch 2 is seen as a strategic move to mitigate potential impacts from U.S. tariffs [8][9] - A Japan-only version of the console is priced lower at 49,980 yen ($350) [8] - New game titles for the Switch 2 are also priced higher than existing titles, which may affect consumer adoption [8] Product Features - The Switch 2 features eight times the memory of the original Switch and includes innovative controllers that can function like a desktop computer mouse [9] - New functionalities such as online chat and temporary game sharing are designed to attract younger audiences [9] Revenue Dependency - Approximately 90% of Nintendo's revenue is derived from the Switch business, making the success of the Switch 2 crucial for the company's financial health [10]
Rivian: Software Business Can Boost Valuation Multiples Despite Macro Headwinds
Seeking Alpha· 2025-06-11 08:43
Rivian (NASDAQ: RIVN ) reported a good earnings beat despite a slowdown in vehicles delivery in the first quarter. The revenue surprise was $220 million, which is quite high considering the quarterly revenue was only $1.2 billion. Most of this incremental revenue is beingI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge i ...
Priority Technology: Undervalued Fintech Poised For Upside Amid Strong Growth And Peer Discount
Seeking Alpha· 2025-06-11 08:41
I hold a PhD in Machine Learning focused on Economics and Finance and have academic affiliations with IESE Business School, ESADE Business School, and the Barcelona Supercomputing Center. My professional experience includes working at Deloitte Financial Advisory, specializing in banking and mergers & acquisitions. My interests broadly span machine learning and generative AI applications in finance and economics, and I am proficient in Python, R, and SQL.Analyst’s Disclosure:I/we have no stock, option or sim ...
Elis: Disclosure of the number of shares forming the capital and of the total number of voting rights as of 31 05 2025
Globenewswire· 2025-06-11 08:41
DECLARATION DU NOMBRE D’ACTIONS COMPOSANT LE CAPITALET DU NOMBRE TOTAL DE DROITS DE VOTE AU 31 MAI 2025 Article L. 233-8-II du Code de CommerceArticle 223-16 du Règlement général de l’AMF Nombre d’actions composant le capital social236 664 445Nombre de droits de vote théoriques281 450 493Nombre de droits de vote exerçables278 459 967 Cette déclaration est en ligne sur le site internet d’Elis www.elis.com DISCLOSURE OF THE NUMBER OF SHARES FORMING THE CAPITALAND OF THE TOTAL NUMBER OF VOTING RIGHTS AS OF 31 ...
Tesla Stock Investors Got a Double Dose of Bad News After the Feud Between President Trump and Elon Musk
The Motley Fool· 2025-06-11 08:40
Tesla (TSLA 5.66%) stock has tumbled 22% year to date amid a myriad of business and political headwinds, and Wall Street anticipates further declines. The average target price among 55 analysts is $289 per share, which implies 8% downside from the current share price of $316. To elaborate, Tesla lost about 10 percentage points of market share in the U.S. and Europe, and 3 points of market share in China in Q1. Management blamed the factory updates that limited Model Y production and backlash against the bra ...
Why I Just Bought This Badly Beaten-Down, 6.6%-Yielding Dividend Stock and Plan to Buy Even More
The Motley Fool· 2025-06-11 08:34
UPS (UPS 3.17%) has struggled in recent quarters due to a challenging market environment and other issues. Tariffs, slowing economic growth, and low margins on volumes from its largest customer, Amazon (AMZN 0.25%), have impacted the leading global logistics company's revenue and cash flow, which has, in turn, weighed on its share price. Shares are down more than 50% from their peak a few years ago. That slump has driven its dividend yield up to 6.6%. For an income-focused investor like myself, UPS' big-tim ...
UniCredit CEO says Commerzbank shares are now too far 'beyond the fundamentals' for a takeover offer
CNBC· 2025-06-11 08:33
"Secondly, in our opinion the share price has gone well beyond the fundamentals. There is a lot of activity which is directed at keeping the share price at higher level than you see every day, but we're patient," Orcel said. CNBC has reached out to Commerzbank for comment. This breaking news story is being updated. UniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal. UniCredit has built a s ...
Can This Unstoppable Stock Join Microsoft, Nvidia, Apple, Amazon, Alphabet, Meta Platforms, and Tesla in the $1 Trillion Club?
The Motley Fool· 2025-06-11 08:33
It's no surprise that their stock prices have been monster winners for investors over the years. But there's one superb business that's not on this exclusive list, and its shares are up a jaw-dropping 1,270% in the past 10 years and 59,140% in the past 20 years. Can this unstoppable stock make the leap and join those others in the $1 trillion club? In the past couple of decades, technology enterprises have become very influential to our society and economy. These businesses lean heavily on technology to del ...
Oxford Industries Likely To Report Lower Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-06-11 08:32
Oxford Industries, Inc. OXM will release earnings results for the first quarter, after the closing bell on Wednesday, June 11. Analysts expect the Atlanta, Georgia-based company to report quarterly earnings at $1.82 per share, down from $2.66 per share in the year-ago period. Oxford Industries projects to report quarterly revenue at $384.77 million, compared to $398.18 million a year earlier, according to data from Benzinga Pro. On March 27, Oxford Industries posted weaker-than-expected earnings for the fou ...
3 Under-the-Radar AI Stocks That Could Help Make You a Fortune
The Motley Fool· 2025-06-11 08:30
Duolingo served 130.2 million monthly active users (MAUs), 46.6 million daily active users (DAUs), and 10.3 million paid subscribers in the first quarter of 2025. That's up from just 40.5 million MAUs, 9.6 million DAUs, and 2.5 million paid subscribers at the end of 2021. Duolingo, Confluent, and MongoDB deserve a bit more attention. Many artificial intelligence (AI) stocks skyrocketed in value in recent years as more companies realized they could accelerate and automate their operations with large language ...