Nintendo stock drops 5% on report the Switch 2 console will be delayed
Wed, Feb 21, 2024 10:32 AM

Nintendo stock drops 5% on report the Switch 2 console will be delayed

A Flip by Riya Sharma
Get it on Google Play
Nintendo's next-generation console, the Switch 2, is reportedly delayed until 2025 according to a Bloomberg report. This caused a 5% drop in Nintendo's stock on Tuesday. The current Switch, released in 2017, has become the third-best-selling video game console of all time and Nintendo is relying on its popular franchises and upcoming new titles to sustain sales.

More great flips

Delhi LG directs DDA to extend single-window special camps for PM-UDAY

Delhi LG directs DDA to extend single-window special camps for PM-UDAY

Delhi Lieutenant Governor VK Saxena has directed the DDA to extend the single-window special camps for PM-UDAY until March 2025, after around 20,000 people visited the camp over eight days, an official statement said on Thursday. The Delhi Development Authority (DDA) held these camps every weekend from November 30 to December 29 at 10 processing centres in unauthorised colonies.

Open Flip
The year that was: Top five changes in income tax rules in 2024

The year that was: Top five changes in income tax rules in 2024

2024, which draws to a close next week, was the year of big bang changes in direct taxation — for instance, rejigged income tax (I-T) slabs under the new regime and the revised capital gains tax structure — and not all of them brought cheer to tax-payers. The widespread changes effected by Union Budget 2024 to the capital gains tax framework caused considerable heartburn.

Open Flip
Nissan Megadeal Sets Up Next Fight for Bankers in Japan M&A Boom

Nissan Megadeal Sets Up Next Fight for Bankers in Japan M&A Boom

Japan’s record dealmaking activity this year isn’t giving foreign firms much holiday cheer: For now, the field remains mostly dominated by the local megabanks and law firms with deep ties to the corporate world. At roughly $200 billion, the volume of transactions including mergers and acquisitions in the country is up 48% this year, data compiled by Bloomberg show.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon