Wall Street Breakfast Nintendo vs Amazon
Jun 30, 2025
Discover the intense clash between Nintendo and Amazon over Switch 2 sales, sparking a heated market discussion. Meanwhile, Canada pulls back on its Digital Services Tax, reshaping trade talks with the U.S. The box office lights up as 'F1' races to spectacular earnings. Plus, Oracle gains traction following CEO remarks and an upgrade, while consumer electronics trends including Apple's smart glasses steal the spotlight. Tune in for a whirlwind of corporate updates and market movements!
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Nintendo Blocks Amazon US Sales
- Nintendo has removed its products from Amazon U.S. due to conflicts over third-party sellers discounting Nintendo products.
- The Switch 2 was deliberately stocked only at Target, Walmart, and Best Buy in the U.S., not Amazon.
Canada Drops Digital Tax Plan
- Canada canceled its digital services tax on U.S. tech firms, easing trade tensions with the U.S.
- The tax would have imposed a 3% revenue levy on companies like Amazon and Google for earnings from Canadian users.
Apple Smart Glasses Timeline
- Apple's smart glasses will not launch new head-mounted devices in 2026.
- Other brands will introduce similar products first to establish market presence, but these remain niche due to ongoing tech challenges.