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Nintendo sets a June release for the Switch 2 with a price tag of $450

The price point falls on the upper end of Nintendo’s historical console range.

Max Knoblauch
4/2/25 9:37AM

Nintendo shares got a modest bump Wednesday morning as the gaming juggernaut finally shared some details about its long-anticipated Switch 2 console. The juiced-up but familiar handheld will launch on June 5.

The company announced a $450 price tag for the console, Nintendo’s first after eight years of Switch dominance, in line with most analysts’ expectations and within the company’s historical (inflation-adjusted) price range of $350 to $500. (Remember, investors were very recently concerned about the effect of tariffs on Nintendo’s business.) The original Switch launched at $299, or about $385 adjusted for inflation, and has sold 151 million units since 2017.

Gaming analysts Sherwood News spoke to mostly hold the belief that the price point won’t do much to hamper initial demand. Still, the hour-long event wrapping without a price tag did erase some of Nintendo shares’ early gains. The stock was up 1.4% just before 10:30 a.m. ET.

The “Legend of Zelda” maker confirmed a handful of features and add-ons: a game chat accessed via the updated joy-cons, the ability to use a joy-con like a computer mouse, larger internal memory, and a camera that’s launching with the console.

Nintendo’s also leaning on major IP to juice sales. A system-exclusive “Mario Kart” title was announced, set to launch on the same day as the console, and a fresh “Legend of Zelda” game was also announced, due out this winter. The game maker also showed trailers for Kirby- and Donkey Kong-led games.

Notably, the Switch 2’s beefier hardware seems to be better suited for playing AAA third-party games than the original. A “Cyberpunk 2077” port is coming out on launch day along with “Civilization 7” (utilizing mouse controls), while “Borderlands 4” will launch in the fall.

While backward compatibility will be available for most titles, Nintendo said popular Switch games will also get the remaster treatment for the new console — a strategy that has paid off for gaming rivals Sony and Microsoft.

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Amazon is testing adding GM electric vans to its EV delivery fleet dominated by Rivian

Rivian may have some competition in its electric delivery van division: Bloomberg reports that Amazon is testing a small number of GM’s BrightDrop vans for its fleet.

According to Amazon, the test currently only includes a dozen of the vehicles. Amazon’s fleet also contains EVs from Ford, Stellantis, and Mercedes-Benz.

GM debuted BrightDrop in 2021, but the vehicles have struggled to sell and piled up on GM lots due to high prices and steep competition. GM began offering up to 40% rebates on the vehicles this year.

The test comes as Rivian struggles through tariffs and the end of EV tax credits. Earlier this year, it lowered its annual delivery outlook by about 13%. As of June, Amazon said it has more than 25,000 Rivian vans across the US. Earlier this week, Rivian CEO RJ Scaringe said the company is still on track to deliver 100,000 vans to Amazon by 2030 and is “thinking about what comes beyond” that initial target.

GM has sold 1,592 BrightDrop vans through the first half of the year, more than the full-year total it sold in 2024.

GM debuted BrightDrop in 2021, but the vehicles have struggled to sell and piled up on GM lots due to high prices and steep competition. GM began offering up to 40% rebates on the vehicles this year.

The test comes as Rivian struggles through tariffs and the end of EV tax credits. Earlier this year, it lowered its annual delivery outlook by about 13%. As of June, Amazon said it has more than 25,000 Rivian vans across the US. Earlier this week, Rivian CEO RJ Scaringe said the company is still on track to deliver 100,000 vans to Amazon by 2030 and is “thinking about what comes beyond” that initial target.

GM has sold 1,592 BrightDrop vans through the first half of the year, more than the full-year total it sold in 2024.

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Paramount Skydance reportedly preparing an Ellison-backed Warner Bros. Discovery takeover bid, sending shares soaring

Paramount Skydance is preparing a majority cash bid for Warner Bros. Discovery, The Wall Street Journal reported, sending shares of both companies surging. The Journal’s sources say the deal is backed by the Ellison family, led by David Ellison.

WBD shares were up 30% on the report, while Paramount Skydance jumped 8%.

The offer would cover WBD’s entire business — cable networks, movie studios, the whole enchilada. That comes after WBD announced plans last year to split into two divisions: one for streaming and studios, the other for its traditional cable and TV assets. A recent Wells Fargo note gave WBD a price target hike, primarily because the analysts viewed it as a prime takeover candidate.

If the deal goes through, it would bring together HBO, CNN, DC Studios, and Warner Bros.’ film library with Paramount+, Nickelodeon, and MTV, all under one umbrella.

The offer would cover WBD’s entire business — cable networks, movie studios, the whole enchilada. That comes after WBD announced plans last year to split into two divisions: one for streaming and studios, the other for its traditional cable and TV assets. A recent Wells Fargo note gave WBD a price target hike, primarily because the analysts viewed it as a prime takeover candidate.

If the deal goes through, it would bring together HBO, CNN, DC Studios, and Warner Bros.’ film library with Paramount+, Nickelodeon, and MTV, all under one umbrella.

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