Live Stocks are rallying as Trump eased fears over China tariffs and Powell. See the latest. Dusseldorf - Delayed Quote • EUR Nintendo Co Ltd (NTO.DU) Follow Add holdings 64.56 +0.94 +(1.48%) As of 12:31:15 PM GMT+2. Market Open. All News Press Releases SEC Filings 2025 was supposed to be a big year for gaming. Tariffs could derail that. Trump's tariff could put a hurting on the US gaming industry. Cars to Gadgets: What US Consumers Are Losing to Trump Tariffs (Bloomberg) -- While US President Donald Trump has announced a 90-day pause on his proposed tariff hikes, exporters are still dealing with the uncertainty of a 10% universal levy returning if trade deals aren’t struck as his administration envisages.Most Read from BloombergThe Secret Formula for Faster TrainsNYC Tourist Helicopter Crashes in Hudson River, Killing SixEven Oslo Has an Air Quality ProblemHow Did This Suburb Figure Out Mass Transit?Lisbon Mayor Wants Companies to Help Fix City’s Hou Trump Trade: President says first deal on tariffs ‘close’ as China ups duties Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly: CHINA RAISES TARIFFS: China raised its tariffs on U.S. goods to 125% from 84%. “If the U.S. continues to impose tariffs on Chinese goods exported to the U.S., China will ignore it,” the government said in a statement. DELISTING CHINESE COMPANIES: The Trump administration is proceeding toward a po How Nintendo Is Navigating Tariff Chaos with Secret Shipments and New Factories It was the greatest tragedy that could possibly befall our household, at least according to my 15- and 12-year-old sons: Their plan to pool their savings and preorder the eagerly anticipated Nintendo Switch 2 game console was foiled by the Trump administration. Nintendo announced the full details of the Switch 2 on April 2, the same day Trump stood on the White House lawn with a poster board full of new tariffs. Two days later, the Japanese game giant said it would pause U.S. preorders of the Switch 2 on account of those tariffs. Nintendo delays launch of Switch 2 in China, Nikkei Asia reports Nintendo (NTDOY) has chosen to postpone the launch of its Switch 2 gaming console in China amid the regulatory environment of tight controls targeting the gaming industry, Nikkei Asia’s Itsuro Fujino and Kanoko Sakamoto report, citing sources. The company expects to release the device in Japan, Europe and other regions on June 5, but Mainland China is not included among the initial markets. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Alphabet Can’t Shake Off AI Concerns Even With Low Multiple (Bloomberg) -- Persistent concerns that Alphabet Inc. has fallen behind in the artificial intelligence supremacy race has weighed on the stock this year, and not even the cheapest earnings multiple in about two years, or limited risk from tariffs, has been enough to entice investors.Widely seen as one of the major players in AI, Google’s parent company nevertheless continues to be dogged by the perception that it could lose market share to rivals like ChatGPT. Though it retains a dominant share China announces retaliatory tariffs, U.S. unemployment rises: Morning Buzz The major averages were sharply lower again near noon, continuing yesterday’s post-tariff slide. China has retaliated with additional tariffs of 34% on all U.S. goods a day after the Trump administration imposed its own sweeping levies. Meanwhile, the latest U.S. jobs data show that nonfarm payrolls rose by a higher-than-forecast 228,000 jobs, though the unemployment rate has ticked higher. Looking to commodities, oil prices are sharply lower due to a planned output increase promised by OPEC+ as Nintendo to delay Switch 2 console preorders as Trump tariffs take hold Nintendo announced that it is delaying preorders of its Switch 2 console amid Trump tariffs. Nintendo Delays Switch 2 U.S. Preorders After Trump Tariffs Nintendo has delayed preorders for its Switch 2 console indefinitely, after President Trump announced tariffs on several of its key manufacturing bases. It said that now wouldn't happen, as it assesses the potential effects of the tariffs and evolving market conditions. Nintendo Ups Its Game With Launch of the New Switch 2 The launch of a pricier console during a trade war carries risk, but pent-up demand should carry the day. Meta & UFC partner, Nintendo Switch 2: Trending Tickers Julie Hyman and Yahoo Finance Senior Reporter Alexandra Canal outline what's driving interest in the trending tickers on Yahoo Finance's platform, including a partnership between Meta Platforms (META) and TKO's (TKO) UFC, as well as Nintendo's (NTDOY) new Switch 2. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Nintendo to launch Switch 2 on June 5 for $449, hoping to recapture success of the original Nintendo announces it will launch its highly anticipated Switch 2 June 5. Stocks to Watch Wednesday: Dollar Tree, GameStop, Super Micro Computer ↗️ Dollar Tree (DLTR): The discount chain reported results and said it will sell its Family Dollar business to a private-equity consortium for roughly $1 billion. Shares gained more than 4%. ↗️ GameStop (GME): The videogame retailer said Tuesday it plans to start investing in bitcoin, and reported a rise in profit for the latest quarter. Nintendo Shares Rise on Hopes for Switch 2 Console Nintendo’s shares rose sharply amid hopes for its upcoming Switch 2 console, the new version of its widely successful Switch console that was launched in 2017. U.S. video game spending fell 6% y/y in February, says Circana Circana analyst Mat Piscatella said that February 2025 projected U.S. consumer spending on video game hardware, content and accessories declined 6% when compared to the same period a year ago, to $4.5B. Spending so far this year is 11% lower than 2024 year-to-date, at $9.0B. Video game content spending in February fell 4% vs YA, to $4.0B. Subscription growth of 9% was offset by declines in Mobile of 4% and full game and add-on content across both Console (-11%), and PC, Cloud and Non-Console VR Nintendo to open San Francisco store on May 15 Nintendo (NTDOY) announced in a post on X, formerly Twitter, that on May 15, 2025, it will open the doors to Nintendo San Francisco, its second official store in the U.S. Details on reservation requirements-and an early look at exclusive products-will be shared as the company approaches the grand opening. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on NTDOY: Pokemon GO Deve Game On: Discord reportedly in talks for IPO in 2025 “Game On” is The Fly’s weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: This week’s most notable new game release is Take-Two’s (TTWO) professional wrestling sim “WWE 2K25,” which launches March 14 for PlayStation 4 (SONY), PS5, PC, Xbox One (MSFT), and Xbox Series X/S. DISCORD IPO: Discord, a social media and messaging app loved by gamers, that “allows users to chat via voice, video, or text,” has held discussions with bankers recently “to discuss prepara Nintendo stock down as Trump's tariffs weigh on gaming consoles Nintendo (NTDOY, 7974.T) shares are under pressure as tariff concerns weigh on the gaming company. Bloomberg reports that the US will see higher prices for Nintendo consoles because of US President Donald Trump's tariffs on imports from China. Seana Smith and Madison Mills report more on this. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Trending tickers: Nvidia, Broadcom, Schroders, Walgreens, Nintendo Nvidia and Broadcom told conflicting stories about sentiment in the AI sector this week, while tariff woes rocked Nintendo. Best Buy Warns of Higher Prices as New Round of Tariffs Takes Effect The consumer-electronics store chain said U.S. consumers are likely to face higher prices as vendors throughout its supply chain work through the impact of the latest set of tariffs. Performance Overview Trailing total returns as of 4/23/2025, which may include dividends or other distributions. Benchmark is Nikkei 225 (^N225) Return NTO.DU Nikkei 225 (^N225) YTD -685.35% -12.60% 1-Year -2,559.09% -7.15% 3-Year -1,410.09% +28.64%