TECHNOLOGY

As if you didn't have enough to worry about, the risk of space junk causing a catastrophic chain reaction that profoundly affects life on Earth rose significantly in 2024, according to the latest annual analysis from the European Space Energy (ESA).

The numbers are mind-boggling. ESA estimates there are now more than 1.2 million orbiting objects larger than 1cm and more than 50,000 larger than 10cm. Of the enormous number of orbiting missiles, only 40,000 are individually (more…)

We suspect Goldman analysts Minami Munakata and Haruki Kubota will soon update clients on today's report from The Verge. The report reveals that Nintendo is delaying preorders for the new Switch 2 due to the fallout from President Trump's "Liberation Day" tariff blitz and China's retaliatory measures, which are roiling global markets and trade. 

Nintendo spokesperson Eddie Garcia told The Verge:

Nintendo plans to launch the Nintendo Switch 2 (the successor to the Nintendo Switch) on June 5. There's still no word from Garcia about when preorders will begin. 

There's still no word on Switch 2 pricing following the new effective tariff rate of 24% on Japanese goods, as The Verge noted.

Last month, Goldman analysts Minami Munakata and Haruki Kubota were super bulls on Nintendo, noting that "the global games market re-entered a growth phase since 2024" and forecasted "the number of active consoles to continue renewing fresh highs globally from 2025."

Their bullishness in the gaming industry was mainly because Switch 2 would "unlock dormant hardware and dormant users" and send "the number of active consoles to continue to renew record highs." 

However, with tariffs in play, the Switch 2 and its accessories will likely be priced higher. That raises a key (more…)

Intel shares are up 5% late in the cash session following a report from The Information that sheds light on ongoing talks between Intel and Taiwan Semiconductor Manufacturing Co. (TSMC) to form a joint venture to operate Intel's chipmaking facilities. Under the proposed deal, TSMC would take a 20% stake in the new company and offer manufacturing expertise and personnel training. 

Two people familiar with the talks between Intel and TSMC provided additional color about the preliminary (more…)