Nintendo shares climbed as much as 6.8% on Tuesday for the third straight day, with Bandai Namco and Konami each up more than 9% as Japanese investors rotated out of AI-cohort names.
  • frank@sopuli.xyzEnglish
    10·
    35 minutes ago

    Obligatory hating on Nintendo for everything they’ve ever done in a courtroom.

    I do have to appreciate their distinct lack of enshittification in some of this. Like they don’t have a “AI or bust” mentality, their non-old games are just regular games mostly, not gatcha/pay to win BS. And a lot of them ship fairly complete. It’s a fucking low bar these days but they’re not like nonstop below the bar which is something.

    But really fuck those guys for so many fucking reasons. Subscribe monthly to play a few old games i already own? Fuck right off

  • greyscale@lemmy.grey.oooEnglish
    30·
    4 hours ago

    Did nintendo actually -do- anything for this surge, or is this just the effect of money being sloshed?

    Our economy and stonks market is completely detached from reality.

    • AbsolutelyNotAVelociraptor@piefed.socialEnglish
      35·
      4 hours ago

      I’m not a markets expert, but I’ve always heard that Nintendo in Japan is a somewhat safe stock so this is probably investors fearing the AI crack and moving towards a stock that isn’t too invested in AI and was already safe to begin with.