in-app purchases is where we see nintendo taking a lead. outside of software and hardware and monetization, it clearly has come to a standstill because of covid. peter: you mentioned in-app purchases. that was one of the positive surprises for the company. they have to strike this right balance between their prospects for digital sales, which more than doubled in the period with the other fiscal activities that have not been as strong. shery: peter elstrom joining us from tokyo. we are just minutes away from the open of trading in japan and south korea. it's turned to sophie for what to watch. sophie: plenty of earnings to wade through in japan. japan airlines widen its forecast for a full year. reporting 19% rise in third-quarter profit. we will keep her eye on suzuki motors after suspending its operating operation in myanmar. keeping an eye after a jumped monday on announcing it is developing a covid test that can identify several variants. the korean company saying it will make those globally available. this after tesla's price target wa

what began as a game for nintendo's game boy system soon expanded into a cartoon and trading card game. pokemon now the highest grossing media franchise ever. it is worth more than star woes and -- star wars and harry potter combined. >> the japanese franchise has grown like few would have believed, making the original trading cards a literal treasure trove. >> no question, i could call someone today and get $1 million cash for these. >> from the original 1996 nintendo video game, pokemon has spawned a cultural juggernaut that has been adapted by multiple media over the years. the creation of pokemon go in 2016 when smartphones became increasingly cower full breathed powerful life into the franchise . >> as the secretary said earlier today, though, i think it is an important reminder -- you are playing the pokemon thing right there. a reminder, we know this won't be easy -- did you get one? >> in 2021, the kids who grew up with pokemon are now adults. >> we need something to help us get through, and right now, pokemon is accounting for 1/3 of our sets. it's very profitable, so it is go

nintendo is raising its outlook for switch sales after strong holiday sales. to sell 26.5 million units of the consul from 24 million -- the console from 24 million. that is on the back of a surge in sales brought on by the pandemic including a new animal crossing game. an online retailer is buying one of britain's best known clothing brands. arcadia is selling the labels. it follows a rival last week. that is your bloomberg business flash. francine lacqua -- francine? francine: we have a number of reporters manning the live blog looking at what is underneath what we see. we have numbered stories. the global stocks are still rallying. silver jumping to his 2013 hi. it crossed $100 an ounce for the first time -- it is a different story to what we saw with gamestop, so i would be cautious in the narrative around it. if you get asian equities, a gain on manufacturing, but also easing china cash squeeze. coming up, a new political crisis as the myanmar military detained defector leader -- detains de facto leader aung san suu kyi. ♪ francine: economics, finance, po

nintendo has raised its annual forecast for a second time.m for the switch gaming console helps the company to its best quarterly earnings since 2008. nintendo now expects to sell 26.5 million of the devices this fiscal year. sales remained strong even after the holidays. the search for the new ceo of ferrari isn't limited to the auto industry. it includes the ceo of gucci. the ferrari chairman may shed some light on the search tomorrow, when he will unveil ferrari's full-year results. alix: thank you so much, rick a. we just -- so much, ritika. we just heard that andrew cuomo is declaring a state of emergency in some areas. you can see here i don't know how to leave the building. guy: it looks pretty grim there. alix: oh man, all right. happy february. guy: i guess one of the things we can see as an upside is that we have a lot of folks working from home. it will disrupt education in the way it won't -- it won't disrupt education in the way at once would have done. i am trying to find a silver lining. [laughter] guy: this is bloomberg. ♪ ♪ g

everyone is feeling this, whether it is tech companies specifically, gm, ford, apple, sony, and nintendol of them, there is such demand. you had car companies canceling orders a year ago and then having to reorder them. big shortage affecting all kinds of companies. joining us with more insight is the bernstein research managing director and senior analyst who knows chips actually well. how big of a problem is this, and how long is it going to take, in your view, to get worked out? >> i think i'm going to separate auto versus every thing else we are seeing. the shortages are most acute within the auto space. you alluded to some of the reasons. obviously come in the heat of the covid depression a year ago, automotive was hearst with-hit the worst- on the supply as well as the demand situation. people didn't want to buy cars, at lease momentarily. all of the auto factories shut down because of covid. because of this, auto vendors cut their orders to the semiconductor companies and the semiconductor companies reduced factory loadings and didn't make parts. coming out of covid, a lot of part

the updated version hits the nintendo switch on april 30th.th is considered pokemon day, the celebration is expected to last the year. in hollywood and still trying to catch them all after 25 years, i'm rick.>> next, the state of e art tennis center is opening in golden gate park. we'll look at the $27 million facility and all the new >>> welcome back. a brand-new state of the art park is coming. the tennis complex is opening on wednesday and has 16 regulation courts, sunken stadium court and five mini courts for lessons or pickle ball. the new lounge has rec room, full patio and garden. discounts for youth, seniors and san francisco residents. court reservations started yesterday and you can make them online at goldmantenniscenter.com. >>> we are having pretty nice tennis weather, too, you might say. >> you could even get the shorts out there. although it will be windy. beautiful view of san francisco. highs here in the upper 50s again with breezy to gusty winds around the bay. in fact, a wind advisory by the delta 6:00 tonight. sunny skies o

cobol protects royalties for performance and nintendo, down .5%.ised its outlook for surpassing high expectations, expects to sell 26 .5 million consuls in the fiscal year and silver mines slumping 25%, tumbling the most in 17 months after surging about 60% over the past two days. rishaad: the first word news, silver, coming off near eight year highs, the market taking a long breath following monday's reddit fueled investor frenzy. most active futures have risen 13%. that is the most since february 2013. it follows a weekend that saw dealers in bullion coins overwhelmed by demand. goldman sachs, tightening the golden handcuffs for its most in demand traders. the more junior ranks, six-month noncompete clauses before picking up their bonuses. goldman looks to make it harder for senior staffers to deflect. haslinda: counting down to the india open a day after budget, indian stocks have been surging. the budget analysis next with the associate professor of economics at the indian institute of technology in delhi. this is bloomberg. ♪ >> i would like t

japanese gaming giant nintendo has hiked its full—year forecast for switch console sales to 26.5 millionr a bumper end to 2020, buoyed by a home entertainment boom as people were stuck at home during the pandemic. the company pointed to upcoming titles like super mario 3d world and monster hunter rise as boosters for switch sales. mcdonald's has quietly begun selling the mcplant burger in denmark and sweden, giving the fast—food giant insight into customer interest before more locations roll out the meat alternative. mcplant was co—developed with beyond meat, and is made from pea—based protein, according to mcdonald's danish and swedish websites. myanmar�*s economy, already teetering from the covid—19 pandemic, was dealt another body blow by a military coup on monday. the country's military seized power in the capital and declared a year—long state of emergency. let's go to sharanjit leyl who's following the storty from our asia business hub. sharanjit leyl shara njit leyl has sharanjit leyl has been looking at implications. tell us more. it really couldn't come at a worse time for me an

. >> caller: so up in redmond, washington, that's home of nintendo, bellevue is microsoft, if you go into those communities you'll see there's a lot of immigrant workers from asia. that is one issue. two, is her vocational training and high schools here in america completely gone away. and then three, for technology taking over small businesses, how do we bring back the manufacturing to our american people that are not getting the jobs in bellevue and redmond? technology is taking over but when you drive through small towns in america like olympia, washington, salem, oregon, you see boarded-up store. >> the stores are not technology stores. those doors are small businesses that were started because of the housing crisis in 2008. people who had to create a way to make money and of those jobs are gone. our vocational training has been completely swiped out of high school education. somewhere as a small business proponent do you play an active role in bringing manufacturing back to this country? >> guest: those are great questions. the vocational training i go back, we are big believers

nintendo raised their annual forecast for a second time, continuing momentum for the switch console resultedbest courtly earnings since 2008. -- in the best quarterly earnings since 2008. it is your bloomberg business flash. francine: silver taking center stage in the -- with the retail investor surge sweeping through markets. it feels very different. how difficult is it to link silver to what happened with gamestop? >> we had a significant move. at one point today, we were up 7%. these are significant moves. it pales in comparison to what we saw in gamestop, which was up 1000% or more. it is a much more muted move and i think part of the problem is that retail investors are taking on a much bigger market, and they are taking on a commodity market and that is making it very hard to squeeze this market. . they have a lot to prove. francine: i guess the market is so vast and different to stocks. eddie: i think it is a very different game. it is possible to squeeze the commodity market, it is possible to squeeze the silver market. but you would have to get demand to a level, not where you are t

phenomenon last beak week but not just for himself, he used some of the money he made to donate six nintendoldren's hospital in minnesota. >> one day trader who cashed in on the craze walked into a game stop store and started handing p halted trading on game stop one investor charted a plane with a banner saying suck my nuts, robin hoon. >> trevor: that's a gangster move, twitter but in the sky. you can say it's childish to take money you saved on wall street to dunk on wall street, but in the words of james cramer, it's legal and very satisfying! when we come back, ibram x. kendi will talk about african-american history that you might have missed. so don't go away. ha. hey, tracee, you can't say no to a classic. oh. i can't hear you over this flamin' hot crunch. girl, you know, wavy chips are way better for dippin'. ♪crispy, airy, tasty poppables.♪ hmm, hmm. i thought we talked about talking to the chips. i can't help it. i love me some lay's. all right, i'm taking these. lay's a little joy with every bag. ♪ i've got some lay's potato chips.♪ check out this one. long hair, loves to hike and

phenomenon last beak week but not just for himself, he used some of the money he made to donate six nintendo children's hospital in minnesota. >> one day trader who cashed in on the craze walked into a game stop store and started handing out $100 bills to employees. >> after the robin hood app halted trading on game stop one investor charted a plane with a banner saying suck my nuts, robin hoon. >> trevor: that's a gangster move, twitter but in the sky. you can say it's childish to take money you saved on wall street to dunk on wall street, but in the words of james cramer, it's legal and very satisfying! when we come back, ibram x. kendi will talk about african-american history that you might have missed. so don't go away. ♪♪ ♪it's gettin' hot in herre♪ ♪these chips are flamin' hot♪ ♪hey♪ ohh... by all means, keep going. lay's flamin' hot style with even more of the heat you love. (vo) get your taxes done with or without the office visit. drop in. lay's flamin' hot style with drop off. send us a pic of your docs and a tax pro will do the work. or file online and get help if you need it. no

my father was on drugs, my mother was on drugs and the only thing that was our safe haven was a nintendoe. >> the clothes are sought out by musicians and athletes and ret. unk of his car, very humble wasn the streets of oakland. i witnessed a racial divide of drugs, and police brutality. when the world watched the vary of george floyd dying in the streets, cox felt as if he seen it before. >> well, growing up in oakland, we had experienced many george floyds before george floyd. >> but in dope era, cox is focused on lifting others up and food give aways. that's the human race.as and we must understand that all together we have to make it better. >> i'm old school -- >> for cox the way you make it better is on pushforward. writing, rapping, creating, and a show of many colors playing now on oakland's broadway. >> nbc bay area news. >> it's fab, we love him. >> super, super, super interesting. -- so, jeff, the rain started in the north bay and how long until it goes to the rest of the bay area? >> it's slow moving. so its east bay and peninsula and then the south bay will get in on it. let

he is using it to donate nintendo switches and games to a children's hospital. post about his donation has thousands of likes but he is still getting heat from some critics. >> a lot of people saying it's a transfer of power there's no difference if we are acting the same way as the people we are criticizing. i think it's important that we don't become men in suits ourselves. >>> as the why the game stop stock just slumped. that's in the next half hour. >>> we have breaking news. a big tesla recall. what models are affected and what concerns federal highway officials have about these vehicles. >>> and a live look outside as we head to break. you are looking at traffic. mary i'm morgrgan, and ththere's me to me ththan hiv. more love,e,... momore adventuture,... more c community.. but wiwith my hiv v treatment,. therere's not momore medicins in m my pill. i talked t to my doctotor... anand switcheded to... fewer medidicines withth dova. prprescriptionon dovato is foror some adulults who arare startingng hiv-v-1 treatmenent or r replacing t their curret hiv-v-1 reg

announcements from the world of pokemon, one game we know about, it is modernization of the popular nintendoupdated version hits the switch april 30th. while february 27th is considered pokemon day, the celebration is expected to last the year. in hollywood, and still trying to catch them all after 25 years. >>> still to come on abc7 mornings. new vaccine clinic in the south bay hoping to reach let us take you to a place you've been craving. where the aroma of authenticity turns into the scent of home. and the warmth of friends and family is in every bite. here, there's a story behind every meal. with cacique, you'll be inspired to add your own flair. so you can tell a story of your own. cacique.your auténtico awaits. >>> good morning, everybody. we're going to start this half hour with loo at th th mlogist argen. lisa, it is starting to feel like spring. >> i know. what happened to winter. we didn't really have one. as we look outside, it is bright and sunny. san jose, 280, beautiful start to the last weekend of february. 49 downtown, 53 in oakland. 50 in mountain view. the golden gate brid

so he donated nintendo switches and games and gift cards and bought all of it at gamestop of course. good fortune. bravo to him. most watched, most trusted, most grateful you spent the evening with us. good night from now from washington, i'm shannon bream. r frequent heartburn, marie could only imagine enjoying freshly squeezed orange juice. now no fruit is forbidden. nexium 24hr stops acid before it starts for all-day, all-night protection. can you imagine 24 hours without heartburn? welcome, today's discussion will be around sliced meat. moms want healthy... and affordable. land o' frost premium!!! no added hormones either. it's the only protein i've really melted with. land o' frost premium. fresh look. same great taste. ♪ limu emu & doug ♪ hey limu! [ squawks ] how great is it that we get to tell everybody how liberty mutual customizes your car insurance so you only pay for what you need? i mean it... oh, sorry... [ laughter ] woops! [ laughter ] oh, good evening! meow! nope. oh... what? i'm an emu! ah ha ha. no, buddy! buddy, it's a filter! only pay for what you need. ♪ liberty

the updated version hits the nintendo switch on april 30th.ell february 27th is considered pokemon day, the celebration is expected to last the year. in hollywood, and still trying to catch them all after 25 yes,'m rick. >ta of the artr is opening in golden gate park. we'll take a look at the $27 million facility and all th fe visible is wireless that doesn't play games. no surprise fees, legit unlimited data for as little as $25 a month. and the best part, it's powered by verizon. but it gets crazier. bring a friend every month and get every month for $5. which is why i brought them. two $5-a-months right here. hey. hey. plus the players of my squad. hey. what's up? then finally my whole livestream. boom! 12 months of $5 wireless. visible, as little as $25 a month or $5 a month when you bring a friend. powered by verizon. wireless that gets better with friends. people were afraid i was contagious. i felt gross. it was kind of a shock after i started cosentyx. four years clear. real people with psoriasis look and feel better with cosentyx. don

while nintendo switch saw the most sales in january, the largest amount of sales dollars went to sony's$499. >>> with over 50 million covid vaccines already administered, an end to the coronavirus pandemic could be closer to reality, but not everyone is feeling optimistic. restaurants across the country are still facing potential closure with dining restrictions, of course, still in place. grady trimble is on the ground in westmont, illinois, where restaurant owners are fighting for survival. they're fed up. grady. >> reporter: and, ash, here in illinois the number of cases has gone down, the percent positivity has gone down in since the vaccine has gotten out to more than 10% of the population here, and yet restaurants feel like they've been hung out to dry because they're still at 25% capacity. we're at neat kitchen and bar in westmont, chicago suburb. matt is the owner here, and 25's just not sustainable for you. >> it really isn't. it's not enough to make it happen. >> reporter: we've seen sort of an increase in demand. you mentioned valentine's day weekend was actually really good

hunter kahn bought six nintendo switch lights, two switch, screen protectors and cases, multiple gamesat to children's minnesota hospital in minneapolis. >> it was a better feeling than waking up in the morning and seeing that gme was on the moon. >> he plans to use the rest of the money to pay his college tuition, which i'm sure makes his parents pretty happy. spencer, i heard you say wow in the background there. but how cool is that that a young man, what is he, 19, 20 years old, would have the thought, the notion that he could help others in that way and get the money out? >> that really is cool. that's why i'm saying what an amazing gesture. it just shows some depth of character on his part. a concern for young people. maybe people less fortunate. probably a reflection of good home training as we used to hear in the south, right, dan? >> spencer, good home training. or you didn't have good home training, depending on your behavior. what a nice kid. so nice to see that. and he must feel great about being able to pay it forward a little bit. and i hope he is business or an economics

one point he talked about apex legends, ea's answer to fortnite broadening the reach to nintendo switchversions coming too maybe it expands the user/player base, brian. >> yeah. it's been that way and certainly the video game trade i guess it goes, courtney, to a broader -- the stay-at-home, the work from home, i mean, no the a lot to do. a lot of kids in this remote learning, your class days are maybe an hour or two long over zoom and activity is going to pop either way is there a broader story here you think about the stay-at-home, work-from-home starting to roll over? >> it seems pretty clear to me that there is some white space here if you come out with new and exciting games like the college football game they at least confirmed to espn they are going to roll out after some rumors, i mean, the kids got extra time on their hands. can't go anywhere. pretty cold outside in a lot of the country with snow on the ground it looks like there could be some opportunity here for ea and for others though. not just a single company game as josh has pointed out with the shares lagging behind som

nintendo is raising its outlook for switch sales after strong holiday sales.pects to sell 26 point 5 million units of the console, up from 24 million. the company is boosting its forecast for operating up 24% off the back of a surge in sales drop on by the pandemic, including a new animal crossing game. that is your bloomberg business flash. matt: laura, thanks very much. laura wright with your business flash. let's take a look at what is going on in markets, shall we? right now, we have index futures are rising after the big drops we had last week. maybe it is time for a buy the d ip bounce back. s&p futures gaining about three quarters of 1%, and then we have silver futures. this seems to be one of the new reddit targets and it is pretty amazing to see retail investors can actually move the needle like this, a 10% gain in such a massive market is pretty impressive. silver futures up at 29.56, and we will see if retail investors dive into silver -- diving into silver has the same negative consequences for the broader market that it looks like we saw when they

nintendo up for the first time in about a month. shery: we have breaking news at the moment. we are hearing that the houston power outages could last several more days. this of course coming as we continue to see that energy crisis unfold across the u.s. we have had blackouts from texas to houston in texas, as well as other parts of the united states. north dakota as well, oklahoma. the power grids really taking a hit. that is sending natural gas prices higher and oil prices higher. let's discuss the markets and get started the commodity space and bring in our next guest, who says he is betting on the reflation trade. joining us now is academy security head of macro strategies. great to have you with us. we are now hearing the houston power outages could last several more days. we have seen upward pressure when it comes to the oil market. natural gas commodity space. does this signal that this is really a trend that could stay, or is it a short spike where we are seeing commodity prices spike and inflation expectations spike at the same time? peter: there is a lot going on. o

he went to game stop, bought nintendo games and gave them to a children's hospital in minnesota.nds" this morning why he did that. >> i chose children's minnesota hospital because luckily i haven't been affected by it personally but i know a lot of people in my community in stillwater, minnesota have family members or themselves have had ties to children's minnesota. it is an important hospital for my community. >> dana: love this young man. he is studying mechanical engineering at core nell university. he doesn't plan to switch his major to finance. so sweet. >> bill: good example. nice profit. >> dana: i'm bullish on this young generation. >> bill: you are? >> dana: i am. >> bill: i like it. we'll put our money on you, man. good job. almost super bowl sunday. you'll have about 25,000 fans in a stadium that seats 60,000 in tampa. law enforcement keeping an eye out for security threats there. phil keating went over the stadium in a helicopter. >> bill: 58 degrees and cloudless. super bowl lv three days away now. only the second time the stadium inside on game day will not be 100%

many tender aged kids are going to work, and they spend hours in broom closets, playing anyone -- nintendo because they can't go to their classroom because it is not safe. that is what joe biden is trying to address in this bill. the american rescue plan responds to this call and provides $130 billion to save lives by delivering vaccines, testing, contact tracing and funds many other resources. it doesn't just demand that our families pay with their lives to get back to work and incentivizes life over greed. corporate greed, your greed. and it will do much more so that they don't have to lay off public safety officers. imagine if texas had to lay off their firefighters and their rescue officers in the middle of this winter storm. i encourage my colleagues to vote to pass the american rescue plan and stop playing deadly games that have cost too many american lives. you see it's not enough to stand at the steps of the capitol hoping and praying for this pan determine toik go away. we have to act. we have to protect ourselves by doing basic things like washing your hands, helping your familie

up in washington, which is home to nintendo, bellevue, and microsoft, when you go into those communities is a lot of immigrant workers from asia. that is one issue. two, the vocational training and high schools has completely gone away. three, for technology taking over small businesses, how do we bring back the manufacturing to american people that are not getting the jobs in bellevue and redmond. technology is definitely taking over, but when you drive through small towns in america like olympia, washington and salem, oregon, you see boarded up stores and they are not technology stores. they were small businesses started because of the housing crisis in 2008. people had to create a way to make money, and those jobs are gone. so, our vocational training has been swiped out of high school education. where, as a small business proponent, do you play an active role in bringing manufacturing back to this country? guest: those are great questions. the vocational training, i go back that we are big believers in that. we have a program called the fight for 50, the fight for $50,000 per year jo