(Behrouz Mehri/Getty Images)

Nintendo sets a June release for the Switch 2 with a price tag of $450

The price point falls on the upper end of Nintendo’s historical console range.

4/2/25 9:37AM

Nintendo shares got a modest bump Wednesday morning as the gaming juggernaut finally shared some details about its long-anticipated Switch 2 console. The juiced-up but familiar handheld will launch on June 5.

The company announced a $450 price tag for the console, Nintendo’s first after eight years of Switch dominance, in line with most analysts’ expectations and within the company’s historical (inflation-adjusted) price range of $350 to $500. (Remember, investors were very recently concerned about the effect of tariffs on Nintendo’s business.) The original Switch launched at $299, or about $385 adjusted for inflation, and has sold 151 million units since 2017.

Gaming analysts Sherwood News spoke to mostly hold the belief that the price point won’t do much to hamper initial demand. Still, the hour-long event wrapping without a price tag did erase some of Nintendo shares’ early gains. The stock was up 1.4% just before 10:30 a.m. ET.

The “Legend of Zelda” maker confirmed a handful of features and add-ons: a game chat accessed via the updated joy-cons, the ability to use a joy-con like a computer mouse, larger internal memory, and a camera that’s launching with the console.

Nintendo’s also leaning on major IP to juice sales. A system-exclusive “Mario Kart” title was announced, set to launch on the same day as the console, and a fresh “Legend of Zelda” game was also announced, due out this winter. The game maker also showed trailers for Kirby- and Donkey Kong-led games.

Notably, the Switch 2’s beefier hardware seems to be better suited for playing AAA third-party games than the original. A “Cyberpunk 2077” port is coming out on launch day along with “Civilization 7” (utilizing mouse controls), while “Borderlands 4” will launch in the fall.

While backward compatibility will be available for most titles, Nintendo said popular Switch games will also get the remaster treatment for the new console — a strategy that has paid off for gaming rivals Sony and Microsoft.

Max Knoblauch3h

Netflix is down amid reports it’s leading the Warner Bros. bidding war as Paramount cries foul

Netflix’s charm offensive appears to be working.

Netflix is reportedly emerging as the leader in the bidding war for Warner Bros. Discovery after second-round bids this week, edging out entertainment juggernaut rivals Comcast and Paramount Skydance.

Investors don’t appear psyched by the streaming leader’s turn of fortune: the stock is down on Thursday morning, a day after closing down nearly 5% following reports that scooping up HBO Max wouldn’t necessarily result in a big market share boost.

Paramount, which has reportedly made five bids for Warner Bros. Discovery, doesn’t love the current state of play, either. The company sent WBD a letter questioning the “fairness and adequacy” of the process, highlighting reports that WBD’s board favors Netflix and is resisting Paramount.

Any offer would be subject to regulatory approval — a fact that may have weighed against Netflix’s offer given that cofounder Reed Hastings’ politics are vocally to the left, very much at odds with the current regulatory regime. Paramount seems confident in its ability to get approval, reportedly boosting its breakup fee to $5 billion should its potential acquisition fall apart in the regulatory process.

Paramount questions Warner Bros. Discovery on 'fairness and adequacy' of sale process: Read the full letter

Hyunsoo Rim

PEAK CONSULTING?

12/3/25

After three decades of pretty constant growth, the consultancy boom just hit an AI-shaped wall

Accenture has a new deal with OpenAI — did ChatGPT’s launch top-tick consulting employment?

Human hand and AI hand on the yellow background

Max Knoblauch12/3/25

Delta says the government shutdown will cost it $200 million in Q4

The 43-day government shutdown that ended last month will result in a $200 million ding for Delta Air Lines, the airline said in a filing on Wednesday.

That’s about $100,000 per shutdown-related canceled flight. (Delta previously said it canceled more than 2,000 flights due to FAA flight reductions.) When the company reports its fourth-quarter earnings, the shutdown will lop off about $0.25 per share.

Delta initially stayed calm about the shutdown, with CEO Ed Bastian stating in early October that the company was running smoothly and hadn’t seen any impacts at all. One historically long shutdown later, Delta wasn’t able to remain untouched.

The skies have since cleared, though, and Delta’s filing states that booking growth has “returned to initial expectations following a temporary softening in November.”

Delta’s shares were up over 2% as of Wednesday’s market open.

Delta Air Sees $200 Million Hit from Shutdown Fallout

The skies have since cleared, though, and Delta’s filing states that booking growth has “returned to initial expectations following a temporary softening in November.”

Delta’s shares were up over 2% as of Wednesday’s market open.

Tom Jones

amassed media

12/3/25

Netflix reportedly made a mostly cash offer for Warner Bros. Discovery over the weekend

The WBD bidding war is heating up — what will the winner get?

Claire Yubin Oh

Ready to pounce?

12/3/25

With Puma’s stock under pressure, Chinese giants are circling the storied brand

With 77 years of history behind the brand, 2025 might just be Puma’s worst, as losses have piled up over the last year. At least the company’s new elite running shoe is a winner.

Nintendo sets a June release for the Switch 2 with a price tag of $450

More Business

Netflix is down amid reports it’s leading the Warner Bros. bidding war as Paramount cries foul

Paramount questions Warner Bros. Discovery on 'fairness and adequacy' of sale process: Read the full letter

Delta says the government shutdown will cost it $200 million in Q4

Delta Air Sees $200 Million Hit from Shutdown Fallout

Latest Stories