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Nintendo dips after GameStop says the “Mario Kart World” bundle will stop being produced

Nintendo’s popular bundle that packaged the Switch 2 with “Mario Kart World” is seemingly going out of production, per a post on X from GameStop.

Shares of the console maker fell more than 3% after markets opened on Monday, implying some worry from investors that consumers may not be so willing to pay the game’s elevated $80 price tag. (It’s valued at $50 in the bundle.) About 9.6 million copies of the game have sold since the Switch 2 released in June, a figure that includes the bundled version.

The Switch 2 itself is still looking solid, sales-wise. It was pacing 68% ahead of the original Switch in October, though November saw a sharp market-wide spending drop-off on consoles, according to data from Circana. Sony’s PlayStation 5 outsold the Switch 2 in both units and dollars last month.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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