logo
#

Latest news with #gaming

Why Nintendo Stock Surged Today
Why Nintendo Stock Surged Today

Yahoo

time26 minutes ago

  • Business
  • Yahoo

Why Nintendo Stock Surged Today

Nintendo stock surged again today thanks to strong demand for its Switch 2 console. After selling out of its initial launch shipments, Switch 2 is now being restocked by retailers. The Switch 2 launch has been a big success for Nintendo. 10 stocks we like better than Nintendo › 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. 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. 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. Before you buy stock in Nintendo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 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 is 992% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Nintendo. The Motley Fool has a disclosure policy. Why Nintendo Stock Surged Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Will the Switch 2 Send Nintendo's Stock to the Next Level?
Will the Switch 2 Send Nintendo's Stock to the Next Level?

Yahoo

time27 minutes ago

  • Business
  • Yahoo

Will the Switch 2 Send Nintendo's Stock to the Next Level?

Nintendo's recently launched Switch 2 console has been breaking records. The company is expecting sales to rise by more than 60% this year. Its valuation is a bit rich, with the stock trading at close to 50 times its trailing earnings. 10 stocks we like better than Nintendo › The latest video game console from Nintendo (OTC: NTDOY) is now out. The Switch 2 is a newer version of the company's original Switch device, and the early indications are that it is a big hit thus far. With shares of Nintendo already up more than 40% this year (returns as of June 13), could this send this stock to even higher levels in the weeks and months ahead? Here's a closer look at what the early numbers are for the Switch 2, and whether Nintendo's stock is a no-brainer buy at this point. The Switch 2 officially launched on June 5. Through just the first four days after its launch, there were more than 3.5 million units sold, making it the fastest-selling Nintendo console. The original Switch device didn't even hit 3 million units sold by the end of its first month. The new console also hit a record for U.S. sales during its launch week, with more than 1.1 million units sold. For the fiscal year, which ends in March, Nintendo forecasts that it will end up selling 15 million units, and it looks to have a terrific start already. This is particularly impressive given that the new Switch console is priced $150 higher than the original Switch (launched in 2017), and $100 higher than the Switch OLED version (launched in 2021). Nintendo recently wrapped up a tough fiscal year, which ended on March 31. Its sales fell by more than 30% to 1.2 trillion yen ($8 billion) as hardware sales plummeted more than 31%, with consumers eagerly awaiting the launch of the new Switch 2 console and holding off on new purchases. Profits also fell by 43% to 279 billion yen ($1.9 billion). However, a strong performance by the Switch 2 could turn those fortunes around. The company is expecting sales for the current fiscal year to top 1.9 trillion yen ($13.1 billion), which would translate into a growth rate of around 63%. It would, however, be just a 14% improvement from fiscal 2024. Nintendo's stock has been a raging-hot buy in recent months. The danger, however, is that with such a strong run, it may be difficult for investors to generate strong returns at an inflated price. Currently, Nintendo's stock trades at around 50 times its trailing earnings. Even based on analyst forecasts, it's at a forward price-to-earnings multiple of 46. Those are high earnings multiples to be paying for Nintendo's stock. While the company has some terrific, iconic brands and intellectual property in its portfolio, its growth may not necessarily be strong enough to justify such a high premium. More than 60% revenue growth this year is impressive, but given the steep drop-off it experienced in the most recent fiscal year, a 14% growth rate over a two-year window looks far less impressive. Another risk to factor in is a possible slowdown in global economies, especially as tariffs weigh on countries all over the world. While Switch 2 sales were impressive out of the gate, longer-term question marks remain about how well demand will hold up over the entire year, and whether software sales will also be strong. Nintendo is a great company, but I wouldn't invest in it at its current valuation. A lot would have to go right for the gaming stock to continue rallying much higher than where it is today. Before you buy stock in Nintendo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 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 is 992% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool recommends Nintendo. The Motley Fool has a disclosure policy. Will the Switch 2 Send Nintendo's Stock to the Next Level? was originally published by The Motley Fool

Nintendo Switch 2 UK stock live: Argos restocks and you could pick up the console today
Nintendo Switch 2 UK stock live: Argos restocks and you could pick up the console today

The Independent

time41 minutes ago

  • Business
  • The Independent

Nintendo Switch 2 UK stock live: Argos restocks and you could pick up the console today

Finally, is the Nintendo Switch 2 stock shortage coming to an end? Two weeks on from launch, it's never been easier to get a console. Argos has just dropped a fresh batch of consoles and bundles, all with same-day click-and-collect, and Amazon has had stock all week. And they're not the only ones. Currys has just dropped more bundles for same-day click-and-collect, Very has a bundle in stock, EE continues to offer the console to existing customers, and ShopTo has both the standalone console and bundle available to buy on back order, so it'll be delivered in July. Game, Currys, Smyths Toys and the My Nintendo Store also restocked earlier this week, but quickly sold out. I'm updating this page with the latest retailer drops and Nintendo Switch 2 stock news, so keep checking back. Where to buy the Nintendo Switch 2 right now Nintendo Switch 2 specs The Switch 2 might look familiar, but there's a lot going on underneath. It's powered by a new custom Nvidia chip, so games don't just load faster, they look better and run more smoothly. You get 12GB of RAM (up from 4GB on the original Switch), and most of that goes straight into powering games, not just background stuff. The screen is still LCD, not OLED, but it's bigger at 7.9in and has 1080p resolution. It supports HDR and a 120Hz refresh rate. Colours pop more, and motion looks buttery-smooth in handheld mode. There's also DLSS upscaling built in, so older games look better. Sadly, while it supports variable refresh rates, it doesn't work when docked – just in handheld mode. Nintendo Switch 2 price The Nintendo Switch 2 on its own costs £399.99, and the main bundle with Mario Kart World costs £429.99. Buying the bundle saves you £40 compared to picking up the game separately, so it's better value if you're planning to grab it anyway. No big discounts yet – it hasn't even been out a month, after all – but some retailers have larger, more expensive bundles. These include the new Switch 2 camera (£49, the Pro controller (£74.99, and the official carry case and screen protector (£20.99, as well as extra games and accessories. Nintendo Switch 2 launch games There are plenty of new Nintendo Switch 2 games at launch. Mario Kart World is the big one, but you've also got upgraded versions of Breath of the Wild and Tears of the Kingdom, plus mammoth games like Cyberpunk 2077 Ultimate Edition and Hogwarts Legacy – two games that really test the console's muscle. Other launch day games include Hades 2, Split Fiction, Sonic X Shadow Generations, Street Fighter 6, Survival Kids and Suikoden I & II HD Remaster. You've also got Yakuza 0: Director's Cut, Kunitsu-Gami: Path of the Goddess, and Deltarune Chapters 1–4, plus more niche picks like Fantasy Life i and Bravely Default: Flying Fairy HD. Civilization VII and No Man's Sky are here too, and Nintendo Switch 2 Welcome Tour acts as a mini showcase for the new hardware. On top of that, loads of older Nintendo titles have been patched with free performance updates, and Wind Waker, F-Zero GX and Soul Calibur II are now available through the new Switch Online GameCube library. The Nintendo Switch 2 Pro controller is a big step up from the original, but it has been selling out as quickly as the console itself. It finally has two re-mappable triggers on the back, there's a built-in a headphone jack for a wired headset, and there's a C button for GameChat. Right now, the only place where you can buy one is at Amazon. When you finally get your Nintendo Switch 2, you'll notice that you won't be able to slot your current microSD cards in and play your existing games. While you can transfer them over from your OG Switch to the new one, you'll need a microSD Express card, not the regular one. The official product from Nintendo and SanDisk gives you an extra 256GB of storage and costs £49.99. Argos has just restocked the Switch 2, and same-day click-and-collect is available Morning all! I start the day with some stock news. As predicted, Argos has just restocked both the standalone console and the Mario Kart World bundle, and both are available with same-day click-and-collect. If you want to be up and playing over the weekend, Argos is where you want to be. Buy now at Argos Alex Lee20 June 2025 09:20 One final Nintendo Switch 2 stock check Alrighty, I'm off for the evening, but if you're still looking for a Nintendo Switch 2 – you've got plenty of options. Game has the Mario Kart World bundle in stock, with delivery as early as tomorrow. Amazon is also in stock, with the console and the Mario Kart World bundle in stock and arriving by Friday, 27 June. Smyths Toys has stock in select shops, so you might be able to nab one with same-day click-and-collect. EE is also offering the console to existing customers, with delivery in 1-3 working days. And ShopTo has it on back order. I'll catch you all tomorrow. Alex Lee19 June 2025 17:45 Alex Lee19 June 2025 15:30 How to get a Nintendo Switch 2 today If you want a Nintendo Switch 2 today, you'll want to buy a console or bundle from Currys or Smyths Toys. Both Currys and Smyths Toys have same-day click-and-collect nationwide. There seems to be lots of stock at Currys, but you'll have to check online for Smyths Toys – some stores have already run out. Alex Lee19 June 2025 15:00 Game has just restocked the Mario Kart World bundle Another retailer has just joined the frenzy. The Nintendo Switch 2 with Mario Kart World is now in stock at Game. While it charges for delivery, you can get it tomorrow if you purchase it now. Buy now at Game Alex Lee19 June 2025 14:38 EE has just dropped a cheaper Nintendo Switch 2 bundle EE has just added a cheaper pay-monthly bundle for existing customers. It costs £22 per month and comes with Mario Kart World and a 24-month Nintendo Switch Online membership. It delivers within 1-3 working days, and remember only existing EE customers can buy it. Buy now at EE Alex Lee19 June 2025 13:01 Select Smyths Toys have in-store Switch 2 stock Smyths Toys has also joined the restocking party today. There are a few shops with click-and-collect available. You can't get home delivery at the oment, but your nearest Smyths Toys may still have stock. If you're lucky, you may be able to pick up and walk out with a console today. Buy now at Smyths Toys Alex Lee19 June 2025 12:35 Currys has just restocked the Nintendo Switch 2, including bundles Currys has just restocked the Nintendo Switch 2, including several bundles with Mario Kart World, Cyberpunk 2077 Ultimate Edition, Street Fighter 6 and more. Both standalone consoles and game bundles are available for home delivery and free in-store collection. Prices start from £395.99 for the standalone console, while bundles range from £429.99 to £579, depending on the extras included. Buy now at Currys Alex Lee19 June 2025 12:26 Alex Lee19 June 2025 11:17

No Pikmin games got Switch 2 upgrades, and fans say Pikmin 3 Deluxe is "borderline broken" thanks to crashes, bizarre visual bugs, and screen flickering
No Pikmin games got Switch 2 upgrades, and fans say Pikmin 3 Deluxe is "borderline broken" thanks to crashes, bizarre visual bugs, and screen flickering

Yahoo

timean hour ago

  • Entertainment
  • Yahoo

No Pikmin games got Switch 2 upgrades, and fans say Pikmin 3 Deluxe is "borderline broken" thanks to crashes, bizarre visual bugs, and screen flickering

When you buy through links on our articles, Future and its syndication partners may earn a commission. Nintendo Switch 2 has a list of free updates for a ton of original Nintendo Switch games. However, players have found out some games that weren't on that list are also running better on Switch 2 (like Super Smash Bros. Ultimate) while others are having some unintended issues (also like Super Smash Bros. Ultimate). Despite being Shigeru Miyamoto's favourite child, Pikmin, is completely absent from the Switch 2 upgrade list. The Switch ports of the first three games and Pikmin 4 are backwards compatible but didn't get patched in order to take advantage of the Switch 2's features, which is frankly criminal considering how much of a slam dunk mouse controls for Pikmin would be. In fact, Pikmin 3 Deluxe is actually listed as a game "with issues that have been resolved, or are planned to be resolved, by an update" by Nintendo, and fans have quickly discovered why. In a video posted by imonlyhereforpikmin on YouTube, the user shows off the litany of issues with Pikmin 3 Deluxe. Most notably, the game has strange visual glitching and screen flickering that appears constantly. Before the Switch 2 launched the game was patched (thanks, Nintendo Life) with a note saying it "partially alleviated an issue that occurs when playing on Nintendo Switch 2 where the entire screen flickers during some scenes in the game, such as when a day starts and ends." However the issues are still extremely prevalent in the game at the moment, even outside of those two scenes mentioned. Nintendo did previously say it "will be releasing an update in the near future to fix this completely" however. But that's not the full extent of Pikmin 3's problems on Switch 2. In the video, imonlyhereforpikmin reports they experienced input lag on the game's menus, stuttering during gameplay, hard crashes, and an ominous red glow staying on the screen. Similar complaints have been echoed across social media, with threads complaining about crashing and glitching textures. The crashing in particular, imonlyhereforpikmin adds, makes the game "borderline broken." Nintendo hasn't mentioned any of these issues, but hopefully they will be targeted in the next patch too (and throw in 4K and mouse controls while it's at it, please). Mario Kart World players have found the optimal way to unlock every vehicle, and it involves driving slowly behind a pedestrian car for 25 minutes.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store