Nintendo partners with Tencent to launch its console business in China
Since the collaboration with Tencent, the shares of Japanese gaming giant Nintendo’s shares surged as high as 30% following regulators’ approval to release Nintendo’s Switch and the game “New Super Mario Bros. U Deluxe” in China.
Nintendo’s foray into the world’s largest gaming market has been much aniticipated by the investors who think its collaboration with Tencent is a welcome step. However, the collaboration is still in its nascent stage as they need to gain approvals for more regulators in China. Each game needs to be submitted for approval in the country to check content regulation compliance.
But Chinese customers have typically favoured computer and mobile games over consoles. Yet, Nintendo could have a better chance at the gaming market not only because of the portable nature of the Switch but that Microsoft and Sony haven’t built console businesses in China with Xbox and PlayStation. So there is opportunity to explore.
Nintendo is yet to launch any of its mobile games its China, so the partnership with Tencent has significant potential to even surpass its console business.
EA in +0.15% Uptrend, rising for three consecutive days on August 03, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where EA advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 270 cases where EA Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for EA turned negative on July 29, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
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a publisher of game software content and services
Industry ElectronicsAppliances
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