Here’s what you need to know this morning:
- The U.S. Dollar is at a fourteen-year high, while gold is at a weeks-long low. (Here’s how that works.)
- There are no significant companies reporting their earnings today, save for real estate trust Urstadt Biddle Properties.
- The Dow was up slightly yesterday, but no, it still hasn’t reached the record “20,000 points” milestone, likely due to the Fed’s decision.
Here’s what we’re reading this morning:
“NES Mini sells as many units in 30 days as Wii U in six months” by Mark Walton, Ars Technica
A console from a few decades ago is selling better than Nintendo’s most recent console. Demand for the NES Mini console is so great that it’s going for many times its price on eBay.
“Nintendo can’t outpace the market’s expectations for Super Mario Run” by Joon Ian Wong, Quartz
Nintendo is expected to make $71 million this month on Super Mario Run, but some consumers are finding it way too expensive. This caused their stock to drop by nearly 4% today.
“Chinese company TCL buys global rights to BlackBerry phone brand” by James Vincent, The Verge
Since BlackBerry won’t make their phones anymore, TCL will. Will they run Super Mario Run? If they’re Android-based phones, then they can next year when the game comes out for the platform.
“DeVry University Will Pay $100 Million for Students’ Loans and Tuition” by Niraj Chokshi, The New York Times
The for-profit university is coughing up nine figures after promising a lot more after graduation than they can actually offer.