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☆ Nintendo stock could rise by 30% on Switch 2 success, analyst says
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNintendo stock could rise by 30% on Switch 2 success, analyst saysDavid Gibson, senior research analyst at MST Marquee, has predicted that the shares of Nintendo could increase by up to 30%. Gibson sees the stock rerating thanks to the Japanese company's new theme park venture in Florida, which is expected to bring in more revenue. Additionally, the launch of Nintendo's next-generation device later this year could result in a migration of its existing 120 million users from the current Switch console.

Persons: David Gibson, Gibson, Nintendo's Organizations: Nintendo Locations: Florida

☆ CNBC Daily Open: Banking troubles again roil markets
▼ + stars: | 2024-02-08 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nikkei ralliesAsia markets mostly rose Thursday, while Japan's Nikkei led gains and hit fresh 34-year highs. Russian oilIndia's energy minister claimed "the world is grateful to India for buying Russian oil," adding the move keeps global crude prices affordable. The country's refiners have been snapping up discounted Russian oil since Moscow's invasion of Ukraine in February 2022.

Persons: China's, VCs, Son's SoftBank, David Gibson Organizations: New York Community Bank, CNBC, Nikkei, Japan's Nikkei, Nasdaq, Dow Jones, Nintendo Analysts, Nintendo Locations: Hicksville , New York, Asia, India, Ukraine

☆ Nintendo's stock could rise by 30%, say analysts — if it overcomes these hurdles
▼ + stars: | 2024-02-08 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Gibson, a senior research analyst at financial services firm MST Marquee, has set a price target of 11,000 Japanese yen ($74) for Nintendo's stock. This represents a 31% upside over the current price. He told the investment bank's clients that Nintendo could delay the Switch 2 launch if the momentum for the current console remains strong. The analyst has rated Nintendo a buy but set a conservative price target of 8,400 yen. However, if the new console fails to gain traction with consumers, Gibson cautioned that Nintendo's stock is likely to miss his price target.

Persons: David Gibson, Gibson, Mario, That's, isn't, Jefferies, Atul Goyal, Goyal, Junko Yamamura, — CNBC's Arjun Kharpal Organizations: Nintendo, Super Nintendo, Universal Parks & Resorts, Mario Bros, CNBC, Citi Locations: United States, Germany, Florida

☆ MST Financial analyst discusses the big upside it's giving Nintendo's stock
▼ + stars: | 2024-02-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMST Financial analyst discusses the big upside it's giving Nintendo's stockDavid Gibson, senior research analyst at MST Financial, discusses Nintendo's quarterly results and the Japanese video game company's decision to raise its sales forecast for its flagship Switch consoles.

Persons: David Gibson

☆ SoftBank makes another bet on WeWork, hoping landlords will too
▼ + stars: | 2023-11-07 | by ( Anton Bridge | ) www.reuters.com time to read: +3 min

WeWork seeks bankruptcy protectionLIMITED EXPOSUREWeWork's dramatic fall followed lavish predictions about its prospects from SoftBank founder Masayoshi Son, despite immense losses as it grew. Still, it had a credit support deal with the company worth $1.1 billion as of end-June. MST Financial analyst David Gibson said the credit support was significant, but it was not clear how much of it had been withdrawn. SoftBank declined to comment on the credit support. SoftBank owns around 71% of WeWork, which it privately valued at $47 billion at its peak but is now valued at just $44 million.

Persons: SoftBank, Adam Neumann, Neumann, WeWork, Masayoshi Son, Son, David Gibson, Anton Bridge, David Dolan, Miyoung Kim, Mark Potter Organizations: Thomson Locations: TOKYO

RICHMOND, Va. (AP) — A candidate in a high-stakes legislative contest in Virginia had sex with her husband in live videos posted on a pornographic website and asked viewers to pay them money in return for carrying out specific sex acts. Gibson called the exposure of the videos “the worst gutter politics.”“It won’t intimidate me and it won’t silence me,” she said in the statement. The revelation marked an explosive turn in a contest that will carry significant weight in determining the balance of power in the Virginia General Assembly. A top-ranking Virginia Democrat immediately came to Gibson’s defense after the videos were reported by the Post. Chaturbate videos are streamed live on that site and are often archived on other publicly available sites, the Post reported.

Persons: Susanna Gibson, Gibson, ”, “, Glenn Youngkin, Daniel P, Watkins, ” Watkins, David Owen, Garren Shipley, Todd Gilbert, ” Sen, Louis Lucas, Owen, Roe, Wade, GIbson, John David Gibson, — Organizations: The Associated Press, Democrat, Republican, Washington Post, Virginia General Assembly, AP, Democratic, Virginia Democrat, Post, Twitter, U.S Locations: RICHMOND, Va, Virginia, Richmond, District, Henrico, Goochland, U.S .

☆ Nintendo earnings: Analyst says there's a possibility of a revenue deferral or a 'bad deal'
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNintendo earnings: Analyst says there's a possibility of a revenue deferral or a 'bad deal'David Gibson, senior research analyst at MST Financial, discusses the company's earnings and the revenue generated from "The Super Mario Bros.

Persons: David Gibson, Mario Organizations: Nintendo, Mario Bros

The priest sex-abuse scandal was the albatross around the neck of Pope Emeritus Benedict’s brief eight-year reign as leader of the Roman Catholic Church, according to Vatican analysts. Like his predecessor, Pope John Paul II, Benedict also apologized to the victims and then took some steps to punish the predators. They say Benedict should have known better, because, before he became pope, he ran, for 24 year, the Vatican department that dealt directly with priest sex abuse allegations — the Congregation for the Doctrine of the Faith (CDF). “He had an inside view of what was going on,” said David Gibson, the director of the Center on Religion and Culture at Fordham University, who is the author of “The Rule of Benedict: Pope Benedict XVI and His Battle with the Modern World.” “His office dealt with these accusations. When John Paul II’s native Poland was part of the old Soviet bloc, accusations against priests were routinely dismissed as fabrications by the communist secret police to undermine the church.

☆ Oberlin College pays $36 million to Ohio bakery after its owner accused the school of refusing to pay penalty in defamation suit
▼ + stars: | 2022-12-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Gibson's Bakery won a defamation lawsuit against Oberlin College in 2019, but claimed the school wouldn't pay in September 2022. An attorney for the Gibsons told Insider the family has since received the funds. An attorney on the Gibsons' legal team told Insider that Oberlin has since delivered the money. He added: "At this time, there has not been a rekindling of the previous business relationship with Oberlin College. However, Lorna is willing to welcome Oberlin College back."

☆ Bakery owner writes oped demanding to know where her money is, saying Oberlin College 'refuses to pay' $36 million after defamation suit appeal was denied
▼ + stars: | 2022-09-02 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

A 2016 shoplifting incident led to a campus-wide outcry against a local bakery. Gibson's Bakery won a defamation lawsuit against Oberlin College, but claims the school won't pay. The incident sparked furious protests across campus as students and faculty called out the Gibson family for discrimination. Gibson family attorney Brandon W. McHugh also released a statement on the family's behalf. "The power of truth has enabled the Gibson family to survive Oberlin's onslaught.

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