"Nintendo's Record High: Anticipation for Switch 2 and Saudi Investment"

Nintendo's shares have reached a record high amid growing expectations for the rumored Switch 2 and speculation of further investment from Saudi Arabia's sovereign wealth fund. The surge in share price is attributed to high growth expectations for the company, fueled by the success of its intellectual property business and anticipation for the new hardware. Persistent reports suggest a "late 2024" release for the new console, despite Nintendo's denial of its existence.