Saudi Arabian Oil Company (2222.SR)

Nintendo Switch, Foxconn, Saudi Aramco: 3 Stories In Focus

Nintendo (NTDOY, 7974.T), the creator of hit video game franchises Super Mario Bros. and The Legend of Zelda, has cut its full year revenue forecast upon declining demand for its Switch console. Apple (AAPL) iPhone manufacturer Foxconn — which operates as Hon Hai Precision Industry (2317.TW) — saw October sales growth fall short of expectations. Saudi Aramco (2222.SR) reported third quarter profit declines as OPEC+ oil product cuts weigh on crude oil prices (CL=F, BZ=F). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.