Sarina Trangle

6 days ago | investopedia.com | Sarina Trangle

Key TakeawaysNintendo expects to sell 15 million Nintendo Switch 2 systems in the coming year, the video game company said Thursday. Nintendo released the estimate weeks after pre-orders of the gaming console began. The Japan-based business delayed pre-sales in early April to give itself time to assess the U.S.'s new import taxes.

6 days ago | investopedia.com | Sarina Trangle

Key TakeawaysCostco's sales rose 7% year-over-year in April as analysts said members did more of their shopping at its warehouses. Costco Wholesale ( COST) reported $21.18 billion in monthly sales, up from $19.8 billion last April, in a sales update on Wednesday. Comparable sales rose 5.2% year-over-year in the U.S., where traffic rose 5%, the company said. Members are shifting more of their shopping to Costco as they seek out value, UBS analysts wrote in a Wednesday note.

1 week ago | investopedia.com | Sarina Trangle

Popeye's worked with Megan Thee Stallion on a hottie sauce. Dunkin' developed a drink with Sabrina Carpenter. Papa John's sells Shaq-a-Ronis in honor of Shaquille O'Neal. And Denny's? Denny's ( DENN) has Jensen Huang. Huang, a former Denny's dishwasher and server, later founded Nvidia ( NVDA), the company whose graphic processing units have become highly sought after in the AI arms race. Nvidia is one of the most valuable companies in the world; Denny's is somewhat further down the list.

1 week ago | investopedia.com | Sarina Trangle

Key TakeawaysHasbro and Mattel have joined the toy industry in fighting tariffs that could cost them millions. But there could be some trade-policy upside for the domestic toy giants. Nearly 80% of toys sold in the US come from China, which is subject to a minimum import tax of 145%. But Hasbro ( HAS) and Mattel's ( MAT) manufacturing is less concentrated there.

1 week ago | investopedia.com | Sarina Trangle

Key Takeaways Tyson Foods ( TSN) shares plunged Monday after the meat producer posted quarterly sales that missed analysts' expectations and its outlook disappointed. Tyson reported $13.1 billion in sales during the second quarter, roughly in line with its performance a year earlier and slightly below the consensus estimate compiled by VisibleAlpha. Sales volumes for nearly all types of protein except for chicken fell year-over-year, as prices rose for most categories.