Unity Q3 Earnings on Deck: What to Expect?
Nintendo confirms the next generation console will be compatible with Switch games. Stock price rises nearly 6%.
①Japanese gaming giant Nintendo confirmed on Wednesday that its next-generation game console will be compatible with games on the current Switch platform; ②Boosted by this news, Nintendo's stock price rose nearly 6% intraday.
Express News | Japanese stocks closed higher: the Nikkei 225 index rose 2.61%, and Ishikawajima-Harima Heavy Industries surged more than 19%.
Active and newly listed stocks during the morning session.
*Enplus <6961> 5550 +550, Ichiboshi Securities upgrades its investment rating. *Itoki <7972> 1606 +146, turns to operating profit increase in the third quarter cumulative total. *Kyushu FG <7180> 778 +70.5, upward revision of performance and dividends estimates. *JMDC <4483> 4633 +368, first half exceeds previous plans. *Fujimi Incorporated <5384> 2504 +186, evaluates substantial increase in first half earnings. *Nomura Micro
Nintendo Co Ltd---Significant rebound, lower full-year performance forecast revision, but dominant with a sense of breakthrough etc.
Marked rebound. The company announced its second quarter financial results the previous day, with operating profit in July-September period at 67 billion yen, a decrease of 29.1% compared to the same period last year, but it is believed to have exceeded market estimates by around 5 billion yen. On the other hand, the full-year forecast has been revised downward from the previous 400 billion yen to 360 billion yen, a decrease of 31.9% compared to the previous year. However, the downward revision itself is within expectations, leading to a sense of bad news exhaustion in the near term. In addition to the decline in hardware and software sales, the decrease in revenue from blockbuster movie-related income is also affecting the decline in profits.
Bank of Japan Meeting Minutes of September: If the economy and inflation meet expectations, the central bank will continue to raise interest rates.
The minutes of the September meeting published by the Bank of japan on Wednesday showed that policymakers unanimously believe that if their economic and price forecasts meet expectations, the central bank will continue to raise interest rates.
Tokyu Family HD, OLC, etc. (additional) Rating
Downgrade - Bearish code stock name securities company conventional changes after -------------------------------------------------- <2175> SMSGS 'Buy' 'Hold' target stock price change code stock name securities company conventional changes after -------------------------------------------------- <1878> Daiwa Securities SMBC Nikko 17200 yen 18400 yen <2002> Nisshin
Futu Morning Post | Global Attention! The USA election enters the final showdown moment; Goldman Sachs: Fasten your seatbelts on election day, any clear outcome will severely impact the volatility of US stocks.
Technology giants drive the simultaneous rise of the three major indexes, with nvidia's market cap rising to first in the world; super micro computer falls nearly 15% after-hours, second-quarter net sales outlook lower than expected.
List of conversion stocks (Part 3) [List of parabolic signal conversion stocks]
○ List of stocks to be sold and converted in the market Code Stock Name Closing Price SAR Tokyo Stock Exchange main board <2148> ITM 1570 1637 <2264> Morinaga Milk 3441 3543 <2282> NH Foods 4754 5347 <2897> Nissin Foods HD 4040 4194 <2980> SRE HD 3700 3960 <3110> Nitto Bose 6200 7670 <3167> TOKAI 9149 43 <3191> Joyy Inc. American Depositary Shares
List of stocks with cleared clouds (Part 2) [Ichimoku Kinko Hyo: List of Stocks with Cleared Clouds]
○Under the cloud breakout stock list market Code Stock name Closing price Leading Span A Leading Span B Tokyo Stock Exchange main board <1429> Japan Aqua 785 879 790.5 <2282> Nippon Ham 4754 5417255 143.5 <2445> Takamiya 4384 47.75441.5 <3034> Quol HD 1347 1426.751362.5 <3099> Mitsukoshi Isetan 2216 2293.5
US stocks closed: Technology giants drive all three major indexes up, while Trump Media Group plunges at the end of the session.
①Nvidia becomes the "global stock king"; ②Apple warns: future products may not be as lucrative as the iPhone; ③Super Micro Computer's post-market trading in the US stock market fell by more than 10%; ④Zuckerberg's nuclear energy AI ambitions thwarted by bees.
nintendo co ltd, downward revision on 25/3 operating profit 360 billion yen←400 billion yen
Nintendo Co Ltd <7974> announced a revision of its financial estimates for the fiscal year ending March 2025. Revenue was revised downward from 1.35 trillion yen to 1.28 trillion yen, and operating profit was lowered from 400 billion yen to 360 billion yen. The main game console, Nintendo Switch, and software sales are declining. The sales plan for the Switch this fiscal year is reduced by 20% to 12.5 million units, and the number of Switch software sales is reduced by 20% to 1.06 billion units, each with a downward revision of 1 million units and 50 million units from the previous estimates, respectively. [Positive review]
Take-Two Q2 Earnings on Deck: What to Expect
Roblox Analyst Ratings
Express News | China assets ETF and Chinese concept stocks continued to rise in the night session, with 3x long FTSE China ETF surging nearly 8%, 2x long China internet-related stocks ETF, 2x long 300ETF rising over 6%; xpeng surged over 5%, bilibili rose nearly 5%, nio
Old model Switch is not selling well! Nintendo's Q3 profit plummeted by 69%, the fifth consecutive quarter of decline.
Nintendo's net income for this fiscal quarter is 27.7 billion yen, almost half of the market's estimated 49.4 billion yen. The company also lowered its full-year operating profit forecast from 400 billion yen to 360 billion yen, and the Switch annual sales forecast from 13.5 million units to 12.5 million units. Analysts believe that Nintendo's task of persuading new users to buy the Switch is becoming increasingly difficult.
Movement of autonomous rebound in response to the sharp drop last weekend
The Nikkei Average marked a significant rebound for the first time in three business days. It closed the trade at 38,474.90 yen, up 421.23 yen (with an estimated volume of 1.809 billion shares traded). The buying momentum strengthened from the recoil of a more than 1,000 yen drop from the previous week, with investors' focus turning to stocks that announced good earnings such as TDK <6762>, Murata Manufacturing <6981>, Nomura <8604>, etc. The Nikkei Average regained the 38,500 yen level towards the end of the morning session. Subsequently, the market remained at a standstill around that psychological level, but in the afternoon session,
Express News | Nintendo's fiscal year 2025 half-year revenue was 523.299 billion yen, a 34.3% year-on-year decline.
IDC: The market size of China's game cloud reached $0.91 billion in the first half of 2024, a year-on-year increase of 5.9%.
International Data Corporation (IDC) has released the latest report on China's Game Cloud Market Tracking in the first half of 2024.
Futu Morning Post | Countdown to the election! The panic index VIX is burning high and uncertainty is haunting the market nerves; Up nearly 13% after hours! Palantir raises full-year revenue guidance
Jpmorgan warns: If Trump wins on Wednesday, the Fed may pause the easing cycle as early as December; Will the US stock market hit new highs after the election? Jpmorgan: FOMO psychology boosts, S&P may hit 6100 points by the end of the year; US polls: Harris and Trump are neck and neck in key 'swing states'.