Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
Westpac Director Peter Nash Avoids Major Investor Backlash Amid ASX Scrutiny 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Nintendo has sold more than six million units of its newly released Switch 2 within seven weeks of its global debut on June 5, highlighting robust early demand despite ongoing trade tensions. The hybrid console, successor to the original Switch, launched amid U.S. President Donald Trump’s tariff measures, which Nintendo said had minimal impact on its current outlook.
The Kyoto-based gaming giant maintained its forecast of selling 15 million Switch 2 units by the end of its financial year in March 2026. In its April–June earnings report, Nintendo posted a 4% rise in operating profit to 56.9 billion yen ($378 million), surpassing analyst expectations.
The Switch 2 debuted with major titles such as Mario Kart World and an upgraded Legend of Zelda series, featuring enhanced graphics. During the quarter, Nintendo sold 8.67 million software units, with Mario Kart World frequently bundled with the console. The July release of Donkey Kong Bananza also boosted enthusiasm, receiving a 92/100 score on Metacritic.
Analysts say Nintendo’s momentum could benefit from the delay of Grand Theft Auto VI—originally expected in 2025 but postponed to 2026—leaving a gap in blockbuster releases that competitors like Sony’s PlayStation 5 cannot fill this holiday season.
Nintendo’s shares closed down 0.75% ahead of the earnings release but remain up about one-third year-to-date, reflecting optimism around the Switch 2’s performance and upcoming holiday sales.
The strong early sales underline the franchise’s enduring appeal and position the Switch 2 as a key driver in Nintendo’s growth strategy amid intensifying competition in the gaming industry.
