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Energy sector innovators took center stage on Wednesday (June 11), with Eclipse Automation securing major deals in nuclear infrastructure, and Oklo (NYSE:OKLO) snagging a key US clean energy contract.

Eclipse Automation, part of Accenture (NYSE:ACN), has secured multiple contracts to design, manufacture and supply advanced automated tooling and equipment for upcoming CANDU nuclear reactor refurbishment projects.

The projects are at the Cernavoda plant in Romania and the Qinshan facility in China, and the agreements include automated inspection units, radioactive-handling systems, reactor-assembly tools and a remote-control center.

Based in Cambridge, Ontario, and backed by Accenture’s global footprint, Eclipse Automation is working to bolster nuclear safety and efficiency with cutting-edge technology.

“In the last decade, Eclipse has delivered automated solutions and equipment to support nuclear refurbishment work at the Embalse reactor in Argentina, and at the Darlington and Bruce nuclear generating stations in Canada,” said Steve Mai, CEO of Eclipse Automation, in the company’s press release.

Putting the ‘Can’ in CANDU

Canada’s CANDU (Canada deuterium uranium) reactors trace their origins back to the 1950s, with the first commercial unit, NPD, launching in 1962 using heavy water moderation and natural uranium fuel. Featuring pressure tubes and online refueling, CANDUs allow continuous operation, unlike light-water reactors that require shutdowns.

Today, 19 CANDU reactors operate in Canada, primarily in Ontario and New Brunswick, and over a dozen more are deployed abroad in South Korea, Romania, China, Argentina and India.

The design is prized for high reliability, clean power and the ability to burn natural uranium and alternative fuels.

Canada and other countries are now investing in life extensions and advancing next-generation designs like the Enhanced CANDU-6, the Advanced CANDU reactor and small modular reactors, supported by federal funding to sustain a domestic supply chain and global competitiveness.

Defense department eyes microreactors

Elsewhere, advanced nuclear company Oklo received a notice of intent to award from the US Department of Defense to deploy its Aurora microreactor at Eielson Air Force Base in Alaska.

The project, which will be led by the Defense Logistics Agency Energy, will serve as the Air Force’s pilot for enhancing energy resilience at remote sites. Under a long-term power purchase agreement, Oklo will design, build, own and operate the reactor, supplying both electricity and heat. The Aurora system uses fast reactor technology to deliver continuous, off-grid power — ideal for mission-critical infrastructure.

‘This Notice of Intent to Award reflects continued confidence in Oklo’s ability to deliver clean and secure energy solutions for mission-critical infrastructure,’ said Jacob DeWitte, co-founder and CEO of Oklo. ‘We are honored to support national defense resilience objectives while demonstrating the value of US-pioneered fast reactor technology.’

These contracts reflect a global resurgence in nuclear energy as countries look for ways to power their expanding grids with clean energy.

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Peter Krauth, editor of Silver Stock Investor and Silver Advisor, outlines the factors driving silver’s recent price run, which has pushed the white metal to levels not seen in over a decade.

In his view, the current macroeconomic environment is combining with short supply and strong demand dynamics to create a ‘perfect storm.’

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Legendary boxer Oscar De La Hoya, who grew up in Los Angeles as the son of Mexican immigrants, addressed the ongoing protests in his hometown sparked by immigration raids being carried out by the U.S. Immigration and Customs Enforcement (ICE).

De La Hoya, who became a dual citizen in 2002, paid tribute to immigrants. At times, the protests have turned violent.

“I am sad about what’s happening in Los Angeles right now,’’ De La Hoya said in a statement provided to USA TODAY Sports on June 11. “Growing up in L.A., I witnessed firsthand how integral immigrants are to the heartbeat of this city — they are our friends, neighbors, classmates, coworkers, and loved ones. Latinos are among the most hardworking people in the world, and their contributions strengthen every corner of our communities.”

Though born in Montebello, California, De La Hoya spent his formative years in East Los Angeles, a predominantly Latino community. At the 1992 Olympics in Barcelona, De La Hoya held an American flag and Mexican flag in the boxing ring after winning a gold medal.

‘As a proud Mexican-American, I carry immense gratitude for the sacrifices my family made in coming to the U.S. from Mexico in pursuit of a better future,’’ De La Hoya, 52, also said in the statement provided to USA TODAY Sports. “Their courage gave me opportunities I’ll never take for granted.’’

De La Hoya, who won eight world championships in six weight divisions before announcing his retirement in 2009, was inducted into the International Boxing Hall of Fame in 2014. He is the founder and CEO of Golden Boy Promotions, one of top promotion companies in boxing.

Jane Murcia, Director for Golden Boy Promotions, said De La Hoya was not available for interviews.

This post appeared first on USA TODAY

The NASCAR Cup Series grid is going international for the first time in decades this weekend.

Cup Series drivers will take to the Autódromo Hermanos Rodríguez in Mexico City in the second road course event of the 2025 season. This is the first international Cup Series race in 25 years and the first points race outside the U.S. since 1958.

This isn’t the first time NASCAR’s visited the course, though. The Xfinity Series raced there from 2005 to 2008 with a different winner each year.

This week’s race will be a crucial event for NASCAR’s first in-season challenge. Three races will be used for seeding in the challenge: the June 8 race at Michigan, Mexico City and the June 22 race at Pocono. The best result from each of those three races will decide how the 32-driver field will be seeded.

This circuit is one of the better venues for racing spectacle. The start/finish line is on the longest straight of any road course NASCAR will visit this year, and the final few corners cut through a baseball stadium called the ‘Foro’ that brings fans close to the action.

Here’s everything you need to know about the Cup Series’ first race in Mexico:

Where is the Autódromo Hermanos Rodríguez?

The Autódromo Hermanos Rodríguez is in Mexico City near the city center.

It’s a tough challenge for all non-electric formulas of racing because of the elevation. At 7,349 feet above sea level, the air is thin enough to make things difficult for both the cars and drivers.

Construction on the circuit was completed in 1959 and was named for Mexican racing drivers Ricardo and Pedro Rodríguez.

NASCAR international history

The Cup Series has raced outside the U.S. before but not in decades. Here’s a full list of the series’ international events:

1952: Canada

The first Cup Series event outside of the U.S. took place on the half-mile Stamford Park dirt track in Niagara Falls. The race in Ontario was one of the toughest on drivers with 14 of the 17 failing to see the checkered flag by the end of the 200-lap race.

1958: Canada

The Cup Series returned to Canada for the Jim Mideon 500 at Exhibition Stadium in Toronto. It was one of the shortest races on the calendar at 0.333 miles. NASCAR icon Lee Petty won the race but it was notably the debut of his son and future seven-time champion, Richard Petty.

1988: Australia

This exhibition race at the Calder Park Raceway in Melbourne saw the best of the Cup Series compete over 280 laps on the 24-degree banking. It was such a success that NASCAR created an Australia racing division from 1989 to 2002.

1996-1998: Japan

For 1996 and 1997, the Cup Series raced the Suzuka Circuit at the end of the year. NASCAR used the East Course of the circuit for both events and saw some Japanese drift racing stars take their chance against the Cup Series’ best.

In 1998, the Cup Series went to an oval – the Twin Ring Motegi – for 201 laps of exhibition racing at the end of the year.

Viva Mexico 2025: How to watch, TV, streaming, stage info

The Cup Series’ first race in Mexico will be 100 laps on the 2.429-mile course. Stage 1 will be 20 laps, Stage 2 will be 25 and Stage 3 will be the final 55.

Here’s how to catch the action:

  • Date: Sunday, June 15, 2025
  • Time: 3 p.m. ET
  • Location: Autódromo Hermanos Rodríguez in Mexico City
  • TV: None
  • Streaming:Prime Video

The USA TODAY app gets you to the heart of the news — fastDownload for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

This post appeared first on USA TODAY

PITTSBURGH — A few hours after Aaron Rodgers signed the contract at team headquarters on Saturday that made it official, the new Pittsburgh Steelers quarterback showed up at a backyard cookout.

As Rodgers arrived, the host jumped out of his seat at the end of the driveway and greeted his high-profile visitor with a bro-hug. Rodgers, in turn, came bearing a gift that he presented to the host. Classy move.

The host? Mike Tomlin.

Witnessing this energetic exchange was classic. The love exhibited between Rodgers and his new coach seemed so genuine. And what a fitting place for Rodgers to jump-start the process of acclimating to a new environment.

The quarterback seemed laid-back, open and comfortable as he mingled with Tomlin and many of the guests for a few hours during the cookout.

“That was so cool,” Rodgers told USA TODAY Sports, reflecting on Tuesday during his debut at the opening of the Steelers minicamp. “Had a great time.”

Tomlin has hosted the event around this time on the calendar for several years, inviting staff, family and friends – and this year he doubled down on the top-shelf catering, adding BBQ to the usual Louisiana seafood fare – so Rodgers’ timing was spot-on.

And his presence may have had added significance when considering the weight that Rodgers, 41, put on his emerging relationship with Tomlin as a key factor for joining the Steelers. For the bulk of the offseason, as Rodgers sorted through myriad personal and professional matters, including retirement, he talked to Tomlin at least once per week.

“The way that the conversations went between him and I, between whenever it was in March, through April and the last Sunday when I called him, was some of the coolest conversations I’ve had in the game. Definitely, with a head coach,” Rodgers said during a post-practice press conference. “He’s a big reason I’m here. I believe in him and I am excited to play for him.”

Rodgers added that the vibe with Tomlin ultimately narrowed his process.

“I think there were some conversations with other organizations, for sure, but the more that it fell in between me and Mike made it to where, as I was going through my personal stuff, there wasn’t any other option,’ Rodgers said. ‘It was here or not play.”Bonding with Tomlin undoubtedly is crucial to the potential for a positive Pittsburgh experience. Yet it is hardly the only key relationship that Rodgers wants to develop.

His social calendar the past few days is proof of that intent. Rodgers followed the Tomlin cookout by attending an outing for players hosted by team captain Cam Heyward.

“It’s been good,” Rodgers told USA TODAY Sports of his acclimation process. “It’s exciting. I went to Cam’s cookout on Sunday and then went to his golf tournament (on Monday).”

At Heyward’s event, which raised funds for his charity foundation, Rodgers was seen driving a golf cart while DK Metcalf rode shotgun. How fitting. Metcalf, the big-play receiver the Steelers acquired from the Seattle Seahawks in March, is Rodgers’ most talented weapon. They need to bond.

And they both know it.

Metcalf worked out with Rodgers in Southern California earlier in the offseason. And Rodgers said the receiver has been “blowing up” his phone with text messages. Meanwhile, tight end Pat Freiermuth has connected with direct messages on social media. Rodgers and Freiermuth could make it to the U.S. Open golf tournament being staged at Oakmont, Pennsylvania, this weekend.

Who is Aaron Rodgers’ wife? What we know so far about Steelers QB’s marriage

Then there’s the matter of football chemistry. Rodgers is looking to arrange workouts with skilled-position players during the five-week window between the end of minicamp and the July 23 report date for training camp in Latrobe, Pennsylvania. Details are TBD. But Rodgers, who has a home in Southern California, has the location covered.

“I have to try and convince them to come out to Malibu, California,” he said.

Rodgers worked in conditioning and individual football drills during his first day at minicamp. His movement was fluid and his passes were tight and crisp. He offered to do more and participate in the team drills, but Tomlin nixed that idea.

“June reps are a heck of a lot more important for a guy like Will Howard at this stage of his career than they are for a guy that’s been doing it 20 years,” Tomlin said, using the sixth-round rookie for a comparison. “So, whatever reps he gets, you take away from a guy like Will Howard. And we’re trying to get this collective ready for training camp.”

In other words, now that Rodgers is in the fold, there’s no need to push it at this point.

Besides, he’s still learning the offense. While the other quarterbacks took the snaps in team drills, Rodgers listened to play-calls on his helmet and followed plays on the practice script. He also spent time conversing with offensive coordinator Arthur Smith.

Which brings to mind more acclimation. As Rodgers absorbs a new offense, Smith will be tasked to tailor the scheme to his Hall of Fame-credentialed quarterback. Their ability to mesh will be crucial and invites scrutiny when considering the reported friction last season between Smith and another veteran quarterback, Russell Wilson.

Rodgers, meanwhile, has long been regarded as having one of the NFL’s sharpest minds – which leads to the expectation that he will get extensive leeway in a system.

He pushed back a bit, though, when essentially asked on Tuesday if he needs to have the freedom to be able to take over an offense when he sees fit.

“The idea that somehow I need to, or I’ve spent most of my career playing outside of an offensive system is just not correct,” Rodgers said. “I’m going to learn the offense and Arthur and I are going to talk a bunch this summer and if there are some things that I like, that I’d like to see in the offense, Arthur, I’m sure, is going to put it in. But he knows how to call a game; I know how to get us in the right spot, based on what’s called. There’s two or three plays called in the huddle sometimes. My job is to get us in the right play.”

Let Aaron cook?

Stay tuned. This week, though, it’s about cookouts and finding his way around the Steelers headquarters.

“Everything’s new,” Rodgers said. “It’s like the first day of school. I don’t know a lot of guys’ names. They don’t have names on the back of the jerseys here; they don’t have names in the doors of the meeting rooms. So, I literally walk out of the locker room lost. I try to grab somebody, ‘Hey, where am I going?’ But I’m getting the feel of it.”

Rodgers’ first day at minicamp included a message to his new teammates during a team meeting. After his extended period of contemplation before deciding to join the Steelers on a one-year contract, perhaps it was a message that needed to be expressed.

Especially now, as Rodgers transitions to new chapter.

“He just said he’s all-in and ready to go,” relayed second-year center Zach Frazier.

A message that surely won’t hurt in the acclimation process.

Follow Jarrett Bell on social media: @JarrettBell

This post appeared first on USA TODAY

Colorado football coach Deion Sanders addressed his health situation Wednesday on social media, saying that “everything is OKAY” and that he would provide a full update upon his return to campus in Boulder.

Sanders, 57, has been at his estate in Texas for weeks while dealing with an unspecified health issue. Last week, CU’s annual slate of summer football camps got underway without him even though operating the camps is listed as an official duty in his employment contract with CU.

USA TODAY Sports reported Monday that the timing of his return to campus was unclear, based on what his son Deion Jr. said on a YouTube livestream on Sunday.

Deion Sr. thanked his supporters Wednesday on social media site X.

“Wow, I am truly blessed for the abundance of well wishes, for all the thoughts and all of the prayers,” Sanders Sr. wrote. “THANK YOU THANK YOU THANK YOU! I can assure you all that everything is OKAY and will continue to be so. God got me like no other. I have so much more work to do to Glorify God so please believe God got me!”

He didn’t give a date for his return.

“I’m excited to get back to Colorado to be at home with my staff, team & all associated to our program,” Sanders wrote. “When we arrive back to Boulder you will be updated on everything. . Until then, I’M COMING BABY, #CoachPrime.”

Sanders Sr. mentioned the issue on a podcast with former NFL cornerback Asante Samuel in late May.

“I hope you’re feeling better,” Samuel said to Sanders. Samuel then asked him if he ever tried fasting.

Sanders responded by saying “what I’m dealing with right now is at whole nother level” but said he’s coming back after losing about 14 pounds.

Last week, CU hosted separate camps for high school football players and eligible high school graduates. CU also started a youth football camp this week, which Sanders has attended in previous years at CU.

This year the camps have gone on without him and have been run by staff.

Though he hasn’t said what the issue is exactly, he has battled issues with blood clots in his legs for years and had to miss a Pac-12 Conference media event in Las Vegas because of it two years ago. Deion Jr.’s YouTube channel has showed that CU athletic trainer Lauren Askevold has been at his estate in Texas in recent weeks. She has helped him with his legs since the issue got serious in 2021, including the amputation of two of his toes and the removal of the sides of his left calf.

Sanders also canceled a scheduled speaking engagement scheduled for June 8 in Florida. He canceled because of an ‘unavoidable last-minute scheduling change,’ according to The Foundation for Sickle Cell Research. The foundation replaced him with basketball legend Magic Johnson.

Follow reporter Brent Schrotenboer @Schrotenboer. Email: bschrotenb@usatoday.com

This post appeared first on USA TODAY

The Indiana Pacers are now up 2-1 in the 2025 NBA Finals against the Oklahoma City Thunder, thanks to a monster performance by Pacers guard Bennedict Mathurin.

Mathurin scored a game-high 27 points off the bench in the Pacers’ 116-107 win over the Thunder in Game 3 at Gainbridge Fieldhouse. He shot 9-of-12 from the field, 2-of-3 from 3 and 7-of-8 from the free throw line.

‘So many of the guys chipped in. This guy behind me, Ben Mathurin, was amazing off the bench tonight. He just stuck with it,’ Tyrese Haliburton said after the win. ‘Our bench was amazing.’

Mathurin is not yet a household name, but his postseason play is catching everyone’s attention. Just who is Mathurin? USA TODAY Sports rounded up everything you need to know about the 22-year-old guard, who has become an integral piece in the Pacers’ rotation:

Who is Bennedict Mathurin?

Mathurin, 22, is a shooting guard for the Indiana Pacers. He’s in his third season in the NBA. He wears No. 00.

Where is Bennedict Mathurin from?

Mathurin was born June 19, 2002 in Montreal, Quebec. Basketball runs in the family. His older sister Jennifer played college basketball at North Carolina State from 2013-2017 and his brother Dominique Jeune had dreams of playing in the NBA. Tragedy struck the Mathurin family when 15-year-old Dominique Jeune was struck by a car and killed while riding his bike home from school. Mathurin was 12 at the time of his brother’s death.

“He’s my inspiration,” Mathurin said in 2022. “He wanted to play in the NBA. It was a mission for me and him as well.”

In 2018, Mathurin left home at age 15 to enter the NBA Academy Latin America in Mexico City, a year-round elite basketball development program for top high school-age players.

Bennedict Mathurin college career

Bennedict Mathurin played two seasons of collegiate basketball at the University of Arizona. He was named to the Pac-12 All-Freshman Team in 2021 after averaging 10.8 points, 4.8 rebounds and 1.2 assists in 26 games (12 starts). Mathurin was promoted to the starting lineup for his sophomore campaign, and he averaged 17.7 points, 5.6 rebounds and 2.5 assists in 37 games (all starts). He was named a second team All-American and picked up Pac-12 Player of the Year and First Team All Pac-12 honors.

Bennedict Mathurin draft

Bennedict Mathurin was selected out of Arizona by the Pacers with the sixth overall pick of the 2022 NBA Draft. Mathurin instantly made a splash in the league and he averaged 16.7 points, 4.1 rebounds and 1.5 assists in 78 games (17 starts). He was named to the 2023 NBA All-Rookie First Team, finished fourth in Rookie of the Year voting and set a Pacers franchise record for most 3s made by a rookie (100).

“Every once in a while, there is a young player that comes out of college whose game is much more suited to the NBA than college, and I think Ben might be one of those guys,” Pacers coach Rick Carlisle said in 2022. “He had great coaching in college and was Player of the Year in the Pac-12. … But it is unique for a guy at this stage to have that feel.”

Mathurin’s sophomore season was cut short due to a torn labrum in his right shoulder.

Bennedict Mathurin stats: 2024-25 season

Mathurin averaged 16.1 points, 5.3 rebounds and 1.9 assists in 72 regular-season games (49 starts). He’s averaging 15.3 points, 3.0 rebounds and 1.3 assists through the first three games of the NBA Finals.

The USA TODAY app gets you to the heart of the news — fastDownload for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.

This post appeared first on USA TODAY

Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up “out of stock” signs.

The record-breaking start for the company’s first new console in eight years, puts Nintendo on the path to realizing its aim of selling 15 million units of the Switch 2 console in the fiscal year ending March 2026.

However, analysts continue to believe that those expectations are modest, and forecast the strong initial demand to sustain.

“The market expected a record from Nintendo, and as it turns out, Nintendo delivered,” Serkan Toto, CEO and founder of gaming industry consultancy Kantan Games, told CNBC.

“All signals prior to launch pointed to significant demand, and I believe we will see further records broken over the next weeks or months,” he added.

Toto has maintains that the Switch 2 will sell over 20 million units in its first 12 months. David Gibson, senior research analyst at MST Financial told CNBC that he expects 20 million sales for the year ending March 2026.

The Switch 2, which was released on June 5, has been met with much fanfare, with people lining up for hours ahead of midnight releases at Nintendo stores.

“Fans around the world are showing their enthusiasm for Nintendo Switch 2 as an upgraded way to play at home and on the go,” Nintendo of America President and Chief Operating Officer Doug Bowser said in a statement, adding the company was thankful for the response.

Tokyo-listed shares of Nintendo, which have gained nearly 30% so far this year, were down 3.5% on Wednesday, LSEG data showed. The company has seen its shares rise nearly fivefold since the original Switch debuted in early March 2017.

It remains to be seen if the Switch 2 can recapture the magic of its predecessor, which had set the bar with 15 million unit sales in its first year. It went on to sell more than 152 million units to become the second-highest selling Nintendo device ever, behind the Nintendo DS.

The record initial sales of the Switch are in line with the strong demand analysts had predicted. However, the rush has put into question Nintendo’s ability to meet demand.

Retailers including Walmart, GameStop, Target and Best Buy were out of stock of the consoles, their online stores showed Wednesday.

In April, Nintendo’s Bowser told CNBC that the company had been working with “retail partners to ensure there’s ample supply for not only the launch weekend, but well beyond.”

However, Nintendo President Shuntaro Furukawa stated the same month that 2.2 million people in Japan had entered the lottery to purchase the Switch 2 on launch day, exceeding expectations and what the company had initially planned to deliver to stores.

Kantan Games’ Toto said shortages in Japan were expected to persist, but would be less impactful elsewhere.

“Except for Japan where demand for Switch 2 is extraordinarily high, it looks like fans who really want the console and invest time in trying to secure one actually can get one,” he said. “It might take a while, but as far as can be monitored, supply seems to be more robust than around the launch of the original Switch in 2017.”

President Donald Trump’s “reciprocal tariffs” on most countries around the world also present headwinds for the Switch 2.

In April, the company announced that it would delay preorders of the Switch 2 in the U.S. while it considers the impact of tariffs.

The Switch 2 retails for $449 in the U.S., which makes it Nintendo’s priciest console to date.

Nintendo’s Bowser said in April the company was going to “monitor where tariffs are going” before making any further decisions on price hikes.

MST Financial’s Gibson said that a resolution to Trump’s tariffs and lower duty rates could see the Switch 2 prices drop in the U.S.

The Switch 2 builds on the success of the original Switch, featuring a larger screen and improved performance. The system also introduces the new GameChat2 feature, which allows players to voice or video chat with friends online and share game screens.

This post appeared first on NBC NEWS

Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up “out of stock” signs.

The record-breaking start for the company’s first new console in eight years, puts Nintendo on the path to realizing its aim of selling 15 million units of the Switch 2 console in the fiscal year ending March 2026.

However, analysts continue to believe that those expectations are modest, and forecast the strong initial demand to sustain.

“The market expected a record from Nintendo, and as it turns out, Nintendo delivered,” Serkan Toto, CEO and founder of gaming industry consultancy Kantan Games, told CNBC.

“All signals prior to launch pointed to significant demand, and I believe we will see further records broken over the next weeks or months,” he added.

Toto has maintains that the Switch 2 will sell over 20 million units in its first 12 months. David Gibson, senior research analyst at MST Financial told CNBC that he expects 20 million sales for the year ending March 2026.

The Switch 2, which was released on June 5, has been met with much fanfare, with people lining up for hours ahead of midnight releases at Nintendo stores.

“Fans around the world are showing their enthusiasm for Nintendo Switch 2 as an upgraded way to play at home and on the go,” Nintendo of America President and Chief Operating Officer Doug Bowser said in a statement, adding the company was thankful for the response.

Tokyo-listed shares of Nintendo, which have gained nearly 30% so far this year, were down 3.5% on Wednesday, LSEG data showed. The company has seen its shares rise nearly fivefold since the original Switch debuted in early March 2017.

It remains to be seen if the Switch 2 can recapture the magic of its predecessor, which had set the bar with 15 million unit sales in its first year. It went on to sell more than 152 million units to become the second-highest selling Nintendo device ever, behind the Nintendo DS.

The record initial sales of the Switch are in line with the strong demand analysts had predicted. However, the rush has put into question Nintendo’s ability to meet demand.

Retailers including Walmart, GameStop, Target and Best Buy were out of stock of the consoles, their online stores showed Wednesday.

In April, Nintendo’s Bowser told CNBC that the company had been working with “retail partners to ensure there’s ample supply for not only the launch weekend, but well beyond.”

However, Nintendo President Shuntaro Furukawa stated the same month that 2.2 million people in Japan had entered the lottery to purchase the Switch 2 on launch day, exceeding expectations and what the company had initially planned to deliver to stores.

Kantan Games’ Toto said shortages in Japan were expected to persist, but would be less impactful elsewhere.

“Except for Japan where demand for Switch 2 is extraordinarily high, it looks like fans who really want the console and invest time in trying to secure one actually can get one,” he said. “It might take a while, but as far as can be monitored, supply seems to be more robust than around the launch of the original Switch in 2017.”

President Donald Trump’s “reciprocal tariffs” on most countries around the world also present headwinds for the Switch 2.

In April, the company announced that it would delay preorders of the Switch 2 in the U.S. while it considers the impact of tariffs.

The Switch 2 retails for $449 in the U.S., which makes it Nintendo’s priciest console to date.

Nintendo’s Bowser said in April the company was going to “monitor where tariffs are going” before making any further decisions on price hikes.

MST Financial’s Gibson said that a resolution to Trump’s tariffs and lower duty rates could see the Switch 2 prices drop in the U.S.

The Switch 2 builds on the success of the original Switch, featuring a larger screen and improved performance. The system also introduces the new GameChat2 feature, which allows players to voice or video chat with friends online and share game screens.

This post appeared first on NBC NEWS

Unlock the power of divergence analysis! Join Dave as he breaks down what a bearish momentum divergence is and why it matters. Throughout this video, Dave illustrates how to confirm (or invalidate) the signal on the S&P500, Nasdaq100, equal‑weighted indexes, semiconductors, and even defensive names like AT&T (T).

This video originally premiered on June 10, 2025. Watch on StockCharts’ dedicated David Keller page!

Previously recorded videos from Dave are available at this link.