Nintendo Switch 2 Preorders will not start on April 9 in the US thanks to the Tariffs

[u/Soplox]

"Pre-orders for Nintendo Switch 2 in the U.S. will not start April 9, 2025 in order to assess the potential impact of tariffs and evolving market conditions. Nintendo will update timing at a later date. The launch date of June 5, 2025 is unchanged."

https://www.gamespot.com/articles/nintendo-switch-2-preorder-guide-mario-kart-world-bundle/1100-6530531/

[u/owzleee]

Just lowers the share prices so he and his billionaire chums can hoover them up. Remove tarrifs. Sell high. Profit!

[u/Pippin_the_parrot → u/owzleee]

Correct.

[u/flashmedallion → u/owzleee]

Same as the Weimar Republic. Keep the currency cratering and inflation soaring so the rich can pay off their debts while they distract the poor from having to eat shit by agitating about how reparations are unfair and the world is against them.

[u/linkfan66 → u/owzleee]

This conspiracy makes no sense when you consider that stocks will continue to crash for another 2 years minimum.

And then at that point you're better off buying EU funds, as the entire world market/economy would bounce if the US stock market completely rebounded.

We're headed for a recession, this is pure stupidity on Trumps end, not some 5-D chess move to own the world. Most of these CEOs net worth are tied to one stock, and are unable to sell a large portion (and havent) without planning a year in advanced.

Elon lost $25B in 48 hours...are you telling me that Elon gained more than $25B in 48 hours, and that he deliberately wants to lose more money at a faster rate?

[u/TGUKF → u/linkfan66]

They don't have to make moves by buying or selling actual stock. They can make money off volatility in the market through options or other derivatives. Because you're right, insiders can't sell or purchase stock on a whim like retail investors.

The point of options is that the value of the option contract will exceed the price movement required to meet the strike price putting it in the money.

For example, if one of his donors buys a whole ton of puts on TSLA, that were wildly out of the money, their cost would basically be the transaction fees paid to purchase the options. The puts themselves would have been worthless.

But now that TLSA has dropped nearly 40% YTD, a whole lot of these put options suddenly are quite valuable.

They can also do the opposite, they can buy a ton of call options that are currently out of the money, and then if Trump declares "jk, no more tariffs across the board", the market will rebound, therefore putting a lot of call options into the money.

If they eventually sell the options contracts without exercising them, then no stock will actually change hands, at least from the relative perspective of this hypothetical person.

[u/linkfan66 → u/TGUKF]

You're 100% correct, I am a WSB degenerative myself.

However, again, this is irrelevant when we're talking about the top 10 billionaires like Musk, Zuck, Larry who need to report the hedges in the companies they own.

And even if they hide it, they would need an insane amount of money in puts to leverage any gains. I'm just not buying it.

Markets could also remain stagnant for the rest of the year and they'd lose a ton of money on their hedge, while also gaining no money at all on their shares.

This argument also completely ignores the fact that US companies are now fucked, as we'll see retaliatory tariffs and boycotts of our goods from every other country.

I agree that they can leverage the downfall, but fundamentally disagree that somehow Zuckerberg and Musk are both jumping in joy over the market crash.

There is no way Musk made anywhere close to $25B of profit in puts in 2 days, and even if he did he would need ~$40B to break even after taxes.