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Nintendo Shares Slip Ahead of Key Switch 2 Directs
Nintendo shares fell 1.01% while the Nikkei jumped 2.12%, setting a cautious tone before the company's Zelda anniversary and Switch 2 Direct broadcasts this week.
Ingenia Rejects A$4.75 Warburg Bid; Market Skeptical of Deal Closure
Ingenia Communities rejected Warburg Pincus's A$4.75 per security offer, but shares closed at A$4.19, leaving a 13.4% discount that reflects market doubts about the deal's completion and the condition to abandon the Peet acquisition.
Australian Housing Downturn Broadens, Banking System Remains Stable
Australia's housing correction has spread to 93% of capital-city suburbs, yet major banks remain stable. CBA forecasts a 9% peak-to-trough decline.
Hang Seng Slips 1% as US Rate Hike Bets Weigh on Hong Kong
Hong Kong stocks dropped 1% on Monday, diverging from Asian peers, as robust US jobs data raised Fed rate hike odds and pressured the currency peg.
Nintendo Lifts Switch 2 Ban Wave After Temporary System Glitch
Nintendo lifted Switch 2 console bans within a day, attributing error 2124-4508 to a temporary system fault. Shares fell 1.03% but forecasts remain unchanged.
Advantest Powers Nikkei Rally; Valuation Hits 38x Earnings
Advantest powered a quarter of the Nikkei's morning advance, with shares up 3.7% to ¥34,310. The stock trades at 38x projected earnings, supported by robust AI-driven demand.
DraftKings Cross-Sells Baseball Players into NFL Week 1 with $25K Contest
DraftKings is incentivizing daily fantasy baseball players with a $5 NFL ticket and a $25K contest entry, but the financial impact remains unclear as Fantasy revenue declines.
KOSPI Surges 3.9% on Chip Rally, Yet Breadth Remains Negative
Seoul's KOSPI surged 3.9% to 6,949.54, but 441 stocks fell, indicating a narrow chip-led rally. Goldman Sachs maintains a 12,000 target.
Kioxia Surges 8% on AI Memory Demand and Record Chip Equipment Spending
Kioxia shares soared 8% to ¥58,750 as record chip equipment spending and U.S. memory stock gains revived NAND trade. AI data center demand drives bullish outlook.
SoftBank Surges 21% in Two Sessions as ¥1 Trillion Bond Sale Draws Investors
SoftBank Group shares climbed 21% over two sessions, adding ¥5.99 trillion in market value, as a ¥1 trillion bond sale opened with a 4.75% coupon.
DraftKings' UK Promo Page Persists 23 Months Post-License Expiry
DraftKings' UK promo page is still accessible 23 months after its license expired, but the company's focus remains North America. Shares are down 30% in 2026.
Netflix's The Gentlemen Season 2 Tops Chart; Official Metrics Due Tuesday
The Gentlemen Season 2 tops FlixPatrol's global Netflix chart, but official view data is due Tuesday. Netflix shares fell 5.35% on Friday, and the Season 3 renewal precedes audience evidence.