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"Awful News": Nintendo Shares Get 'Donkey Konged' After Switch 2 Production Cut

"Awful News": Nintendo Shares Get 'Donkey Konged' After Switch 2 Production Cut Nintendo shares in Tokyo tumbled overnight after Bloomberg reported that the gaming company has slashed production of the Switch 2 handheld amid soft holiday-season demand and underwhelming U.S. sales. *NINTENDO CUTS SWITCH 2 OUTPUT BY OVER 30% ON WEAK HOLIDAY SALES wait, wasn't this thing supposed to be as popular as chatgpt? — zerohedge (@zerohedge) March 24, 2026 Nintendo is expected to produce 4 million Switch 2 units instead of the originally planned 6 million, with the lower production rate expected to...
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Feb 16, 2026 / Tyler Durden
Futures, Global Markets Rise With US Markets Closed For President's Day
Futures, Global Markets Rise With US Markets Closed For President's Day Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents’ Day holiday and mainland China’s markets closed for Lunar New Year holidays, trading was muted on Monday. As of 9:00am ET, futures on the S&P 500 added 0.4% and Europe’s Stoxx 600 index rose 0.4% as banking shares rebounded from a sharp decline last week. German bunds and Treasury futures were steady after US...
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Apr 20, 2026 / Tyler Durden
AST SpaceMobile Craters After Blue Origin Rocket Fails To Place Satellite In Correct Orbit
AST SpaceMobile Craters After Blue Origin Rocket Fails To Place Satellite In Correct Orbit Shares of AST SpaceMobile plunged the most since February after Blue Origin's New Glenn rocket failed to place the company's BlueBird 7 satellite into its intended orbit during Sunday morning's launch. Shortly after the successful launch of New Glenn from the launchpad at Cape Canaveral, Florida, early Sunday, Blue Origin said the rocket's payload, the BlueBird 7 satellite, was placed into an "off-nominal orbit." pic.twitter.com/BMAUIwF5jk — Dave Limp (@davill) April 19, 2026 AST SpaceMobile published a statement saying the...
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Mar 28, 2026 / Patrick Newman
How the Jacksonians Caused America’s Industrial Revolution
America’s industrial revolution didn’t just happen. It came about because of the free market initiatives that came from the Andrew Jackson presidency.
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