Take-Two Interactive's upcoming GTA 6 release is expected to drive significant top-and-bottom-line growth, with analysts forecasting record-breaking sales and financial performance. The company's diversified portfolio, including popular franchises like Red Dead Redemption and Borderlands, and its strong presence in mobile gaming, adds stability and growth potential. Recent financial performance...
The S&P 500 (^GSPC 0.56%) has soared nearly 26% higher so far across 2024's trading, and its level sits quite near a record high. The stock market has benefited from improving macroeconomic conditions, excitement surrounding artificial intelligence (AI), and the possibility that next year could bring a new round of corporate tax cuts.
Earnings reports from Walmart and Lowe's will give investors a glimpse at consumer spending on Tuesday morning, while SpaceX readies for another launch.
SAN MATEO, Calif.--(BUSINESS WIRE)--Zynga Inc., a wholly-owned publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) and a global leader in interactive entertainment, today announced the next evolution of its beloved word game, Words With Friends, adding four new single-player game modes. For the first time, in addition to the renowned competitive gameplay, players can dive int...
Take-Two Interactive NASDAQ: TTWO turned a corner in 2024, setting it up to sustain and accelerate growth. The video game business has normalized following the COVID-19 bubble bursting, and numerous catalysts are on the horizon.
Take-Two Interactive stock has gained nearly 25% since my August Strong Buy rating, with further growth expected from GTA VI's release in Fiscal 2026. Q2 earnings exceeded expectations, with strong sales from Grand Theft Auto, Red Dead Redemption, and NBA 2K25, and robust growth in the Zynga and Mobile Segment. Management's guidance for record net bookings in Fiscal 2026 and 2027, driven by hig...
The stage looks set for a banner fiscal year coming soon.
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