Columbus, OH

Today's the day that Game Trader Live returns to Shacknews Twitch. Check out the show live now or stop by later to watch the VOD. Game Trader Live aims to be an educational program for anyone who is interested in learning about investing or trading individual stocks. The show will be starting shortly on the Shacknews Twitch channel. See you there!

Game Trader Live - July 31, 2024 - Reacting to META, QCOM, ARM, EBAY & more

Nintendo’s Switch console is getting old and it’s affecting sales and profit. As sales of the console decline, so did Nintendo’s bottom line in the fiscal first quarter. Only 2.1 million Switches were sold, down roughly 46% thus far this year. Despite this, Nintendo still estimates that 13.5 million will be sold by the end of the fiscal year. Sales of the console have continued as the company has consistently made improvements over the years, including a larger and more colorful display.

Nintendo Reports Falling Profit and Sales for the Switch Gaming Console

Nintendo (NTDOY) posted its Q1 2025 earnings report today, providing an in-depth look at how the company is performing as the Switch’s life cycle begins to wind down. In addition to overall sales and revenue figures, Nintendo provided specific stats for some of its recent high-profile releases. This included Luigi’s Mansion 2 HD, which sold 1.19 million units in just its first four days of being available.

Luigi's Mansion 2 HD sold 1.19 million units in its first four days

People are so excited for the next-gen Switch, they're likely holding off on buying Nintendo's current consoles and games. At least that's what the company's latest earnings report seems to indicate. For the quarter ending on June 30, Nintendo posted a net profit of 80.9 billion Japanese Yen, which is higher than its forecast but over 50 percent lower than its net profit for the same period last fiscal year. In addition, the company said it only sold 2.1 million Switch consoles for the quarter. That means it experienced a 46.3 percent decline on unit sales year-on-year. Even its games didn't sell well, seeing as Nintendo posted a software sales figure that's 41.3 percent lower than last fiscal year's at 30.64 million units sold.

Nintendo profits fall 55 percent as people save their cash for the Switch 2

Nintendo’s (NTDOY) Q1 2025 earnings report provided an in-depth look at what will likely be the final first quarter of the Switch’s life cycle. The report shows that Paper Mario: The Thousand-Year Door sold 1.76 million copies after its release in May. On page three of Nintendo’s Q1...

Paper Mario: The Thousand-Year Door has sold 1.76 million units since launching in May

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Total Apex Sports & Entertainment

How can Astrology tell you about your worst friends? Astrology is the concept of using the placement of the planets and their related astrological signs, or the Signs of the Zodiac, to determine the course of a life. These placements based on your birth date, time, and location can give you a wealth of information about your personality traits and character and predict events throughout your life based on your sign and current placements. Of course, this is a quick overview, and doing actual natal charts and horoscopes is much more complicated. But now you have a basic idea of what astrology is.

5 Zodiac Signs That Could Be Your Worst Friend

Hey Shacknews, it's time for Evening Reading. Let's officially close out our day of posting. Please take a look. Always great to see Nardwuar at work. Truly one of the best interviewers of all time. Not Like Us x All Eyez On Me Mix. That is a solid mix. Polite...

Evening Reading - August 1, 2024

Kim Kardashian and Kanye West are two of the biggest celebrities in modern times. While much of the happenings between the two involved their marriage and divorce, there are bigger things for them to focus on. Most notably their children.

Kim Kardashian and Kanye West’s Son Diagnosed With Rare Skin Condition

Chicago, IL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The Motley Fool

"Never" selling might be aspirational, but these stocks make it easier.

2 Magnificent Stocks That I'm "Never" Selling

24/7 Wall St.

It was another miserable day for NVIDIA (Nasdaq: NVDA) as the stock fell 7.04% today. After closing at $103.73, the sell-off continued in after-hours trading, with shares of NVIDIA trading hands for little more than $100 per share.  And then something changed rapidly. NVIDIA shares jumped and are now trading for $109 per share in after-hours […]
The post NVIDIA’s Stock Almost Crashes Below $100 After Hours – Then It Surges: Here’s Why appeared first on 24/7 Wall St..

NVIDIA’s Stock Almost Crashes Below $100 After Hours – Then It Surges: Here’s Why

The AI chip leader has high expectations to meet heading into its next earnings release.

Should You Buy Nvidia Stock Before Aug. 28?

Nvidia shares experienced a surge in early Wednesday trading, boosted by gains from rival chipmakers and a bullish research note from a top analyst. The stock, which has lost nearly half a billion dollars in market value this month, has suffered its worst performance in almost two years amid slumping chip sales. Investors, worried about Nvidia’s rapid gains over the past six months, have reduced their holdings. They are concerned that major customers like Microsoft, Meta Platforms, and Amazon might reduce capital spending as they seek to monetize their significant AI investments.

Nvidia stock jumps 8.8% after analyst endorsement

Both of these companies below rely on impressive recurring revenue models. Intuitive Surgical makes more money from services and accessories than system sales. Most of Chewy's sales come from nondiscretionary sources of pet spending. Even if you have a modest amount to invest, building a small position in great companies...

2 Unstoppable Growth Stocks to Buy Right Now for Less Than $500

Virginia State

Cheryl E Preston

Some Virginia fans of The Bold and the Beautiful said they were skeptical when Thomas Forrester (Mathew Atkinswon) asked Hope Spencer (Anikka Noelle) to marry him for a third time on Friday.

The Bold and the Beautiful Spoilers: Thomas was not sincere in his proposal to Hope on Friday

Global cybersecurity firm CrowdStrike is having its feet held to the fire by shareholders in court. Over the weekend of July 18 to 21, a faulty update from CrowdStrike clashed with Microsoft Windows systems causing blue screen errors on systems worldwide. In the aftermath, CrowdStrike’s share values plummeted and the company’s overall valuation also dropped vastly. The class-action shareholder lawsuit claims the CrowdStrike made “false and misleading” statements regarding software testing, which resulted in the unfortunate situation.

CrowdStrike faces lawsuit from shareholders over faulty update & loss of share value

Broadcom is benefitting from the AI boom but there's more behind the scenes. Nvidia's AI growth will eventually slow, but the business is diversified. ASML plays a critical role in the chip industry and is poised for a stronger 2025. These wonderful businesses should be at the top of every...

3 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off

It's hard not to love each Chinese zodiac sign, considering they are all cute animals. However, some of these signs are a little less lovable than the rest, and we're going to check them out! The Chinese signs represent given years (not months) and occur once every 12 years. You may want to brush up on your sign because it's bad luck to land on the year of the animal that you were born under.

3 Least Loved Chinese Zodiac Signs

Massachusetts State

Camilo Díaz

(MA) Meet Yoda, a tiny 9-pound senior Shih Tzu who is ready to steal your heart. This little pup is an older boy who has lived his life loved by a caring owner. Sadly, his owner recently passed away, and their family was not able to take care of Yoda. Luckily, Great Dog Rescue New England was able to take him in and place him safely with a foster. He still has a lot of life left in him, and he hopes to spend the majority of it snoozing in YOUR bed.

This Tiny Shih Tzu Who Lost His Owner Is Now Looking For New Family

This afternoon, Amazon (AMZN) will recap the last few months of its business with its quarterly earnings report. It’s where Amazon executives will discuss details of the quarter and provide guidance for the next quarter. If you’re interested in hearing more, you can listen to Amazon’s Q2 2024 earnings call right here.

Listen to Amazon's (AMZN) Q2 2024 earnings call here

NewsBreak

Tough Zelda & Mario Movie comparisons push Nintendo (NTDOY) Q1 2025 operating profit down 70.6%

After an amazing FY 2024 with the releases of TOTK and The Super Mario Bros. Movie, tough comparisons have caused a serious year-over-year drop in sales...

Tough Zelda & Mario Movie comparisons push Nintendo (NTDOY) Q1 2025 operating profit down 70.6%

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