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Take-Two sticks to annual bookings outlook, says on track for 'GTA VI' November launch
Reuters8d agoneutral
Take-Two sticks to annual bookings outlook, says on track for 'GTA VI' November launch

Take-Two Interactive maintained its annual bookings forecast on Friday, but reiterated the November 19 launch date for ‌its highly anticipated title "Grand Theft Auto VI", bringing the blockbuster ‌release one step closer to fans. Shares of the company were marginally up in volatile premarket ​trading after Take-Two projected current-quarter bookings below Wall Street estimates, signaling continued weakness from the lack of new titles ahead of "GTA VI" release. The videogame publisher began taking pre-orders for "GTA VI" on June 25, but did not ‌provide any details on ⁠demand trends in its earnings report.

Stock to Watch: Trade Desk, Atlassian, Airbnb, Under Armour
The Wall Street Journal8d agoneutral
Stock to Watch: Trade Desk, Atlassian, Airbnb, Under Armour

↘️ Trade Desk (TTD): Shares in the advertising technology company fell 27% after it reported lower-than-expected quarterly revenue. ↗️ Atlassian (TEAM): Shares in the software company behind Jira and Confluence shot up 31% premarket following a revenue beat powered by accelerated growth in its cloud business.

Sony hikes profit forecast on gaming strength
Reuters15d agobullish
Sony hikes profit forecast on gaming strength

Sony on Friday hiked its full-year operating profit forecast by 8% to 1.72 trillion yen ($10.72 billion), ‌citing the strength of its gaming business. The Japanese conglomerate has received ‌plaudits for its pivot to entertainment, but the market is concerned about the impact of ​AI and a memory chip price boom on its business. In the April-June quarter, ‌group operating profit rose 40% ⁠to 476.5 billion yen, beating analyst estimates, due to the strength of the gaming and image sensors businesses.

Should Take-Two’s Officer Liability Shield Proposal Reshape How TTWO Investors View Governance and Performance Risk?
Simply Wall St.17d agoneutral
Should Take-Two’s Officer Liability Shield Proposal Reshape How TTWO Investors View Governance and Performance Risk?

At its September 17, 2026 Annual Meeting, Take-Two Interactive Software proposed amending its Restated Certificate of Incorporation to limit certain officers’ liability in line with Delaware law, mainly shielding them from monetary damages in direct shareholder suits while retaining accountability for loyalty breaches and bad-faith or unlawful conduct. This Officer Exculpation Amendment, unanimously endorsed by the Board as being in the company’s and shareholders’ best interests, arrives as...

Take Two Interactive Software (TTWO) Could Be 11% Undervalued After Officer Exculpation Proposal
Simply Wall St.17d agoneutral
Take Two Interactive Software (TTWO) Could Be 11% Undervalued After Officer Exculpation Proposal

Take-Two Interactive Software (TTWO) has put a proposed Officer Exculpation Amendment on the agenda for its September 17, 2026 shareholder meeting, focusing on limiting certain officer liabilities under Delaware law. See our latest analysis for Take-Two Interactive Software. The proposed Officer Exculpation Amendment arrives at a time when Take-Two Interactive Software’s share price has gained 14.99% over the past 90 days, while the 1-year total shareholder return of 10.55% and 3-year total...

Sony poised for 'GTA VI' boost as memory prices bite
Reuters17d agoneutral
Sony poised for 'GTA VI' boost as memory prices bite

Sony is set to be a major beneficiary of the launch of "Grand Theft Auto VI" but the highly anticipated game is landing as the PlayStation maker grapples with rising prices of ‌memory chips. The Japanese entertainment conglomerate, widely seen as the winner of the high-end console wars as Microsoft's Xbox business ‌retrenches, has a long history with Take-Two Interactive Software, which will launch its delayed "GTA VI" on November 19. "GTA VI will be console only and the vast majority of ​new users will choose a PlayStation 5," said Serkan Toto, founder of Kantan Games consultancy.

Take Two Interactive Software (TTWO) Proposes Officer Liability Amendment For Shareholder Vote
Simply Wall St.17d agoneutral
Take Two Interactive Software (TTWO) Proposes Officer Liability Amendment For Shareholder Vote

Take-Two Interactive Software (NasdaqGS:TTWO) has proposed an Officer Exculpation Amendment to its Restated Certificate of Incorporation. The amendment would limit the liability of certain officers to the fullest extent permitted under Delaware law. Shareholders are being asked to vote on the proposal after the Board recommended its approval. Take-Two Interactive Software trades at $247.62, with the stock up 5% over the past week and 10.6% over the past year. Over a 3 year period, the stock...

Is Take-Two (TTWO) a Buy as Wall Street Analysts Look Optimistic?
Zacks18d agobullish
Is Take-Two (TTWO) a Buy as Wall Street Analysts Look Optimistic?

According to the average brokerage recommendation (ABR), one should invest in Take-Two (TTWO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?