
Why Nintendo Stock Surged Today
Nintendo (OTC: NTDOY) stock saw another day of big gains in Wednesday's trading. The company's share price gained 6.1% in the daily session and is now up 56.5% across 2025.
Nintendo's gains today were driven by indications that demand for its recently released Switch 2 gaming console remains quite high. The Switch 2 quickly became the fastest-selling gaming platform in history following its release earlier this month, and the new system is powering a strong rally for Nintendo stock.
Switch 2 continues to push Nintendo stock higher
Nintendo released its Switch 2 platform on June 5, and the new console has gotten off to a fantastic start. The console, which launched at a $449 price point, sold more than 1.1 million units in the U.S. within its first week on store shelves. The performance was good enough to make it the most successful video game platform launch in history.
On a worldwide basis, the Switch 2 managed to sell 3.5 million units in just four days -- a performance that also set a new sales record. Now, new shipments from Nintendo mean that retailers are restocking the red-hot console -- and reports suggest that the platform is continuing to quickly sell out.
What's next for Nintendo?
Nintendo appears to have a big hit on its hands with the Switch 2. Unlike some other console launches, the company did a commendable job ensuring that it had a lot of units produced -- but demand still appears to be significantly exceeding supply at some point. While there is some risk for investors that front-loaded demand for the new console may not provide a great indicator as to the platform's long-term performance outlook, the launch has clearly gone very well.
Should you invest $1,000 in Nintendo right now?
Before you buy stock in Nintendo, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nintendo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!*
Now, it's worth noting Stock Advisor 's total average return is992% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of June 9, 2025
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Globe and Mail
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Globe and Mail
27 minutes ago
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In the AI revolution, universities are up against the wall
Mark Kingwell is a professor of philosophy at the University of Toronto. His latest book is Question Authority: A Polemic About Trust in Five Meditations. It's convocation season. Bored graduates everywhere will be forced to listen to earnest speeches about how they should make their way in a world short on decent jobs. I've given a couple of those orations myself. Here's the one I won't be giving this year but would have if asked. Hey guys! You've probably heard that philosophers are in the habit of declaring their discipline dead. Thinkers are forever claiming that everyone before them had the wrong ideas about time, being, or knowledge. Great – it's a vibrant patricidal enterprise. But I'm here today to tell you that philosophy is dead for good this time. So is humanistic education in general, maybe academia itself. The murderous force isn't just anti-elitist, Trump-driven depredation. No, as Nietzsche said of the death of god, we have done the killing. 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We have created the ultimate state of frictionless exchange, a circulating economy of the already-thought, the banal, the pre-digested, where every Google search leads to a fabricated source that eventually bounces back to base. Peak efficiency, with net gains in eliminated boredom. Yay! So why resist assimilation? Recently I sat in a seminar organized by my colleagues to consider ways of testing students in class, as a foil to chatbot cheating. The proposed tests involved various small-scale fact-finding exercises, truncated arguments, and the logic-skills equivalent of a magazine puzzle page. One professor suggested that actual written essays should be reserved only for upper-level undergraduates and graduate students, if anyone. Fine, I suppose, but how would those upper-level students ever learn how to write in the first place, let alone write well? Forget AI essay cheating. 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But then, what would education be like? What would it be for? Good questions. Maybe the current proclaimed academic death-rattle is actually an opportunity to go back to first principles, inside the walls and out. In my discipline's case, the issue is not so much the end of philosophy, in other words, but the ends of philosophy. Like most teachers of the subject, I have long been conflicted about our mechanisms of assessment. Essays are a slog for everyone, even when they're legit products of individual minds. In-person final exams can control for essay cheating, most of the time, but they are a poor method of gauging the depth of philosophical insight. The old joke from Annie Hall makes the point: 'I was thrown out of college for cheating on the metaphysics exam,' it goes. 'I looked into the soul of the boy sitting next to me.' Like many philosophy professors, I prefer discussion in seminars, close reading of textual passages, and face-to-face assessment over both essays and exams. I ask for short, ungraded weekly reflection papers that my students seem to enjoy writing and I certainly enjoy reading. But these small-bore tools are not scaleable for our vast budget-driven enrolments. And always, grades loom far larger than they should over the whole enterprise. Once you start questioning assessment, you slide very quickly into uncomfortable thoughts about the larger purpose of any teaching. The irony is doubled because asking 'What is the use of use?' is one of those typical philosophical moves. Updated version for the age of neo-liberal overproduction: What is the use of asking what is the use of use, when large language models can do it for you?' I admit I get impatient when, at this stage of things, people invoke some vague notion of distinctive humanness, a form of species-centric superiority. I mean those hand-wavy claims that there is something about what we humans do that is just, well, different from AI versions of things. Different and better. 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We can even, for the moment, recognize that non-bot government bans on actual books, and state-sponsored punishment of legacy liberal education, pose a threat to everyone's freedom. But I still think we are losing, in the current murk, something that only philosophy can provide. It's something that has always been posthuman in the dual sense of transcendent and transformative. I don't just mean a critical-thinking skill set, or body of facts, or even the basics of media literacy and fallacy-spotting – though these are essential tools for life. I mean, rather, the things that animate the hundreds of students who still come to our classes: the value of self-given meaning and purpose, the pleasure of being good at hard things for their sake alone, a consuming joy in the free play of imagination. A desire to flourish, and to bend the arc of history toward justice. 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CTV News
31 minutes ago
- CTV News
SoftBank pitches US$1 trillion Arizona AI hub, Bloomberg News reports
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