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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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Mar 23, 2026 / Tyler Durden
Iran Phones Russia Immediately On Heels Of Trump's Announcement Of US-Iran Talks
Iran Phones Russia Immediately On Heels Of Trump's Announcement Of US-Iran Talks
Iranian Foreign Minister Abbas Araghchi held talks with Sergei Lavrov quickly on the heels of President Trump early Monday having claimed Washington and Tehran had "very good and productive conversations regarding a complete and total resolution of our hostilities" - as the war is in its fourth week.
Moscow appears to be moving to position itself as a broker, with Russia's foreign ministry announcing that FM Lavrov called for an "immediate cessation of hostilities and a political settlement that takes...
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May 20, 2026 / Tyler Durden
Data Centers Could Be 33% Of Commercial Building Electricity Use By 2050: EIA
Data Centers Could Be 33% Of Commercial Building Electricity Use By 2050: EIA
By Diana DiGangi of UtilityDive
The U.S. Energy Information Administration projects that data centers will “increasingly skew more energy intensive” and that electricity consumed by them will increase across all commercial building stock, with their servers growing to make up an estimated 22% to 33% of commercial building electricity use by 2050, according to an April report.
In its 2026 Annual Energy Outlook, EIA modeled various scenarios to explore how much data centers might drive demand in the medium...
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May 27, 2026 / Dave DeCamp
Israeli Strike on Residential Building in Gaza City Kills Seven, Including Three Women and a Child
An Israeli airstrike targeted a residential building in Gaza City on Wednesday night, killing at least seven people, including three women and a child, as the IDF continues its constant violations of the US-backed ceasefire deal. The Palestinian Red Crescent Society told WAFA that the seven bodies and 18 wounded Palestinians were transferred to the […]
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