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Nintendo hikes Switch 2 prices, expects console sales to decline
Nintendo Co. Switch 2 game consoles at a Bic Camera Inc. electronics store in Tokyo, Japan, on Thursday, June 5, 2025. Nintendo Co. fans from Tokyo to Manhattan stood in line for hours to be among the first to get a Switch 2, fueling one…
Tech stocks could offer best value in years after bumper earnings
Jakub Porzycki | Nurphoto | Getty ImagesU.S. tech stocks are back in vogue after another stellar earnings season, but Morningstar analysis suggests the sector offers the best value to investors in years. Market chatter in 2024 and 2025…
Major crypto bill set to get first vote on May 14 in Senate Banking
Chairman Tim Scott, R-S.C., listens to testimony by Kevin Warsh in Dirksen building on Tuesday, April 21, 2026.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesA major rules-of-the-road bill for the crypto industry is set to get an…
Meta, Google enter AI agent race as ‘agentic wars’ heat up
This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here.Earlier this year, agentic AI tool OpenClaw went viral and everyone and their grandmas were queuing up to get the digital assistant…
Trump threatens EU if no trade deal is signed by new deadline
U.S. President Donald Trump speaks during a Small Business Summit in the East Room at the White House in Washington, D.C., U.S., May 4, 2026.Kylie Cooper | ReutersPresident Donald Trump has said he will give the European Union until July…
The Federal Reserve is quickly running out of reasons to cut interest rates
If the Federal Reserve still has any reasons to cut interest rates in the near future, they're getting harder and harder to find.Friday's jobs report for April provided the latest evidence that the central bank's larger concern isn't a…
Wall Street AI chip love moves from Nvidia to Intel, AMD and Micron
Lisa Su, CEO of AMD speaks with CNBC on May 6, 2026. CNBCSince the launch of ChatGPT in late 2022 and the start of the generative AI craze, one name has dominated the infrastructure boom: Nvidia. While the chipmaker — and the world's…
Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths
BEIJING — The Iran war is likely to take center stage in the summit between President Donald Trump and China's Xi Jinping, leaving less scope to resolve issues like tariffs and rare earth supplies.Treasury Secretary Scott Bessent has…
Michael Burry says the market today feels like ‘the last months of the
Michael Burry attends "The Big Short" New York screening Ziegfeld Theater on Nov. 23, 2015 in New York City. Astrid Stawiarz | Getty ImagesMichael Burry of "Big Short" fame is warning that the stock market's fixation on artificial…
Virginia Supreme Court strikes down redistricting in blow to Democrats
Campaign signage showing Virginia's current electoral map alongside the proposed electoral map at a Republican Party volunteer table outside a polling location at Burke Centre Library in Burke, Virginia, US, on Saturday, April 18, 2026.…