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Memory Crunch Sends Nintendo Shares Deeper Into Bear Market
Memory Crunch Sends Nintendo Shares Deeper Into Bear Market
Nintendo shares plunged deeper into bear-market territory Monday after the company's full-year operating income forecast missed Bloomberg Consensus estimates. Traders were spooked on soft Switch 2 hardware and software guidance, and the margin squeeze from surging memory-chip costs continues to weigh on earnings, first pointed out by Goldman in late Decemeber.
Nintendo forecast 16.5 million Switch 2 console sales and 60 million software copies this year, disappointing Wall Street analysts who were expecting a much stronger forecast after the console's launch nearly...
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May 26, 2026 / Tyler Durden
Iranian Leader Calls For Muslim Unity, Says 'Death To America' Will Become Common Slogan
Iranian Leader Calls For Muslim Unity, Says 'Death To America' Will Become Common Slogan
Authored by Tom Ozimek via The Epoch Times,
Iranian leader Mojtaba Khamenei issued a message on May 26 calling for greater unity across the Muslim world against the United States and Israel, saying that the chants “Death to America” and “Death to Israel” will become the rallying slogans of Muslims and “the oppressed of the world.”
Khamenei’s message was to mark Hajj, the annual Islamic pilgrimage. In it, Khamenei described a historic struggle against U.S. and Israeli influence...
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May 26, 2026 / Tyler Durden
The Appearance Of 'Action': Britain's Navy Docked At Gateway To Mediterranean For Hormuz Mission
The Appearance Of 'Action': Britain's Navy Docked At Gateway To Mediterranean For Hormuz Mission
Is Washington's ally the United Kingdom making preparations to 'do more' related to the Iran crisis at the behest of President Trump?
New reporting in The Associated Press suggests so. But the new Monday report also points to the UK possibly just making an appearance of action: "Aboard the RFA Lyme Bay docked off the coast of Gibraltar, hundreds of British sailors are waiting to be deployed for a mine-clearing mission to the Strait of Hormuz that...
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Jul 8, 2026 / Tyler Durden
Trump Greenlights Patriot Missile Production In Ukraine, Praises Deep Strikes Into Russia
Trump Greenlights Patriot Missile Production In Ukraine, Praises Deep Strikes Into Russia
President Trump just prior to entering the Oval Office vowed to quickly achieve peace in the Russia-Ukraine war, which is currently in its fifth year. The MAGA base got energized by Trump's earlier repeat statements that he'd bring peace to major global flashpoints and hotspots, but instead of anti-interventionism he started a new war of choice in the Middle East, and is now tripling down on military support to Kiev.
While in Turkey for the annual NATO summit, President...
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