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☆ S&P 500, Nasdaq barely extend win streaks as investors eye yields, Fed comments
▼ + stars: | 2023-11-08 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

That drop has helped fuel a stock rally that has given the S&P 500 (.SPX) and the Nasdaq (.IXIC) their longest streak of gains in two years through Wednesday's close at eight and nine sessions, respectively. Still, comments from several central bank officials over the past few days left the door open for additional hikes, causing some uncertainty among investors. The Dow Jones Industrial Average (.DJI) fell 40.33 points, or 0.12%, to 34,112.27; the S&P 500 (.SPX) gained 4.40 points, or 0.10 %, at 4,382.78; and the Nasdaq Composite (.IXIC) added 10.56 points, or 0.08 %, at 13,650.41. Declining issues outnumbered advancers by a 1.3-to-1 ratio on the NYSE while on the Nasdaq declining issues outnumbered advancers by a 1.7-to-1 ratio on the Nasdaq. The S&P 500 posted 17 new 52-week highs and eight new lows while the Nasdaq recorded 53 new highs and 206 new lows.

Persons: Eli Lilly, Dow, we're, Jason Ware, Brendan McDermid, Jerome Powell, Chuck Mikolajczak, Richard Chang Organizations: Warner Bros, Nasdaq, Federal, Treasury, Albion Financial, Dow Jones, New York Stock Exchange, REUTERS, U.S . Food, Drug Administration, Warner Bros Discovery, Paramount Global, Thomson Locations: New York City, U.S

☆ Wall St little changed as investors eye yields, Fed comments
▼ + stars: | 2023-11-08 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +3 min

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. U.S. Treasury yields have retreated sharply from their recent highs. That drop has helped fuel a rally in stocks, sending the S&P 500 (.SPX) and the Nasdaq (.IXIC) to their longest streak of gains in two years through Tuesday's close. Still, comments from several central bank officials over the past few days left the door open for additional hikes, causing some uncertainty among investors. The S&P 500 posted 15 new 52-week highs and five new lows while the Nasdaq recorded 52 new highs and 173 new lows.

Persons: Brendan McDermid, we're, Jason Ware, Jerome Powell, Chuck Mikolajczak, Richard Chang Organizations: New York Stock Exchange, REUTERS, Warner Bros, Dow, Nasdaq, Federal, Treasury, Fed, Albion Financial, Dow Jones, Warner Bros Discovery, Paramount Global, Tech, Thomson Locations: New York City, U.S, Tuesday's

☆ Take-Two surges on report widely awaited 'GTA VI' may be unveiled this week
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

Grand Theft Auto The Trilogy by Take-Two Interactive Software Inc is seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. Take-Two, slated to report earnings later in the day, did not immediately respond to a Reuters request for comment. The game's predecessor, "GTA V", has garnered around $7.68 billion in sales since its launch in 2013 and ranks among one of the most profitable titles ever. Take-Two was on track to add nearly $2 billion to its market value, based on the premarket share price of $148.6. The stock has risen by nearly a third this year, partly due to growing expectations of a reveal for the "GTA VI".

Persons: Andrew Kelly, Aditya Soni, Sriraj Organizations: Inc, REUTERS, Bloomberg, Rockstar Games, Thomson Locations: Manhattan , New York City, U.S, Bengaluru

☆ Take-Two stock up ahead of earnings on anticipation for GTA 6 announcement
▼ + stars: | 2023-11-08 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The current release of the game, "Grand Theft Auto V," is the second best-selling game of all time by units sold after Microsoft -subsidiary Mojang's Minecraft. Rockstar's franchises, which include Grand Theft Auto but also Red Dead Redemption, have helped fuel Take-Two's share price growth and $23.16 billion market cap. Investors and consumers alike have long awaited the release of the next Grand Theft Auto game. In August, when the company reported its fiscal 2024 first-quarter earnings, total net bookings grew 20% year-over-year to $1.20 billion. Among the largest contributors, the company said in a release, were Grand Theft Auto Online and Grand Theft Auto V.Take-Two wasn't immediately available to add further comment.

Persons: Sam Houser, hasn't, It's, Strauss Zelnick Organizations: Interactive, Theft, Twitter, Rockstar Games, Bloomberg, Microsoft, Rockstar, Investors

☆ Take-Two Interactive forecasts downbeat bookings on sluggish demand
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +1 min

NBA 2K22 and Grand Theft Auto 5 by Take-Two Interactive Software Inc are seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNov 8 (Reuters) - Take-Two Interactive Software (TTWO.O) on Wednesday forecast third-quarter net bookings below market expectations, hurt by a slowdown in spending on the company's gaming titles such as "Grand Theft Auto" and "Red Dead Redemption". However, investors remain optimistic about the launch of Take-Two's "Grand Theft Auto VI", the latest installment in the franchise. Take-Two forecast third-quarter net bookings between $1.30 billion and $1.35 billion, compared with estimates of $1.44 billion, according to LSEG data. Total net bookings in the quarter fell 4% to $1.44 billion, compared with analysts' estimates of $1.43 billion.

Persons: Andrew Kelly, Zaheer Kachwala, Shounak Dasgupta Organizations: Software Inc, REUTERS, Electronic Arts, Rockstar Games, Thomson Locations: Manhattan , New York City, U.S, Bengaluru

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. Meanwhile, Fed Chair Jerome Powell did not comment on monetary policy in opening remarks to the U.S central bank statistics conference. On the earnings front, eBay <EBAY.O> shed 5.5% as the e-commerce platform forecast fourth-quarter revenue and profit below Wall Street estimates. Advancing issues outnumbered decliners by a 1.31-to-1 ratio on the NYSE and by a 1.08-to-1 ratio on the Nasdaq. The S&P index recorded 14 new 52-week highs and four new lows, while the Nasdaq recorded 31 new highs and 75 new lows.

Persons: Brendan McDermid, Armour, Peter Andersen, Michelle Bowman, Jerome Powell, Amruta Khandekar, Anil D'Silva, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Warner Bros, Dow, Nasdaq, Federal Reserve, Treasury, Fed, Andersen Capital Management, Analysts, eBay, Wall, Warner Bros Discovery, Dow Jones, Rockstar Games, NYSE, Thomson Locations: New York City, U.S, Boston

☆ ‘Video games are in for quite a trip’: How generative AI could radically reshape gaming
▼ + stars: | 2023-10-23 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +10 min

“You can tell there is something off about what you’re seeing or hearing.”Enter generative AI. That offers another opportunity for generative AI to reshape the gaming experience. While the developers retain control over procedurally generated content, generative AI has the potential to develop unplayable levels, or deviate in unintended ways from the game’s narrative. An additional toolWhile gamers are excited about the potential for gameplay, generative AI is likely to impact development before it alters the user experience. “I think with generative AI, it’s essentially the same thing – or at least, we’re approaching it with the exact same mindset here at Ubisoft.” However, there are still a lot of unanswered “legal and ethical aspects” to using generative AI, including artists’ copyright, he adds.

Persons: Jitao Zhou, Alexis Rolland, ”, Rolland, Ubisoft's, Zhou, Julian Togelius, “, Togelius, Takehiko Hoshino, It’s, Hoshino, “ Fortnite, Creatives, We’ve, it’s Organizations: Rikkyo University CNN —, La, La Forge, Ubisoft, Rikkyo University, New York University, Rokkyo University, Maxis, EA, UGC, CNN, Forge Locations: La Forge China, Tokyo, La

☆ Netflix aims to 'crawl, walk, run' when it comes to video games. It's still crawling
▼ + stars: | 2023-10-23 | by ( Drew Richardson | ) www.cnbc.com time to read: +6 min

Former Electronic Arts mobile gaming executive Mike Verdu joined Netflix as vice president of game development in 2021. Getting existing subscribers to download and play mobile games is a challenge, though, Benes noted. As of September 2023, Netflix's games have been downloaded 70.5 million times, globally, according to data obtained from Apptopia. The beta rollout to limited users Canada and the U.K. included Oxenfree from Night School Studio, a Netflix game studio, and Molehew's Mining Adventure, a gem-mining arcade game. But Netflix is not looking to be a console replacement, Netflix gaming executive Verdu previously told Tech Crunch.

Persons: It's, we've, Greg Peters, Ross Benes, Mike Verdu, Joseph Staten, Benes, Netflix's, Playrix, Candy Crush, King, Peters, Sunny Dhillon, Kyber Knight, Dhillon, Verdu Organizations: Netflix, Intelligence, Electronic Arts, AAA, Night School, Street, Tech, CNBC Locations: Canada

☆ Stocks making the biggest moves premarket: Plug Power, Exxon Mobil, Pioneer, Novo Nordisk and more
▼ + stars: | 2023-10-11 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Plug Power — The battery stock added nearly 6% after the company projected a sharp rise in revenue by 2027 to roughly $6 billion, according to a regulatory filing. DaVita , Novo Nordisk — Shares of the dialysis services provider sank 15% on the news of Ozempic's effectiveness in Novo Nordisk's kidney disease treatment study. Exxon Mobil, Pioneer Natural Resources – Shares of Exxon Mobil were lower by more than 1% premarket after the company agreed to buy Pioneer for nearly $60 billion, or $253 per share, in an all-stock merger. Meanwhile, Pioneer shares rose 2.5%. CSX — Shares added nearly 2% after an upgrade to overweight from JPMorgan.

Persons: Michael Feniger, Raymond James, Humana, Bruce Broussard, Sherwin, Williams, Heidi G, Petz, David Risinger, Macheel, Pia Singh, Michelle Fox Organizations: Mobil, Bank of America, Novo Nordisk —, Novo Nordisk, Exxon Mobil, Natural, Exxon, CSX, JPMorgan, Leerink Partners Locations: Los Angeles , California, Novo

☆ Stocks making the biggest moves midday: Novo Nordisk, DaVita, Exxon Mobil, Amgen and more
▼ + stars: | 2023-10-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Novo Nordisk — The Danish drugmaker stock added 5.5% after saying late Tuesday it was halting Ozempic's kidney disease treatment trial after a committee said an analysis showed signs of success. DaVita , Fresenius Medical Care , Baxter International — Shares of dialysis services providers DaVita and Fresenius Medical Care sank 18.4% and 19.6%, respectively, on Novo Nordisk's news. Exxon Mobil , Pioneer Natural Resources — Exxon Mobil shares fell more than 4% after the largest U.S. oil and gas producer agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal, or $253 per share. Amgen — The biopharma stock added 3.5% following an upgrade from Leerink to outperform. On Wednesday, B. Riley upgraded shares to buy from neutral, saying Coherent's silicon carbide business could be worth more than the Street's current estimate.

Persons: Eli Lilly, Bruce Broussard, Jim Rechtin, Amgen, David Risinger, Goldman Sachs, Jeffrey Brown, Tim Wentworth, Riley, Raymond James, — CNBC's Michael Bloom, Hakyung Kim, Yun Li, Lisa Han Organizations: Novo Nordisk, Novo Nordisk —, Baxter, Fresenius, Novo Nordisk's, Baxter International, Exxon Mobil, Natural Resources, Exxon, Exxon's, Mobil, Healthcare, Goldman, Walgreens, Alliance Locations: Danish, Novo

☆ Here are the 12 stocks Jim Cramer is watching, including a dire consumer forecast
▼ + stars: | 2023-09-28 | by ( Jim Cramer | ) www.cnbc.com time to read: +2 min

But keeps buy rating ahead of the video streamer's quarterly earnings out next month. Online advertising tech company Trade Desk (TTD) started with a buy rating and a $100-per-share price target at UBS. Bank of America cuts price target on Advance Auto Parts (AAP) to $60 per share from $75. Paychex (PAYX) gets multiple price target increases at TD Cowen (keeps buy rating), Morgan Stanley (keep hold rating), and Bank of America (keeps sell rating). Barclays cuts price target on United Parcel Service (UPS) to $175 per share from $180.

Persons: Matt Boss, Banks, Morgan Stanley, Jim Cramer's, Carl Eschenbach, Aneel, TD Cowen, Cowen, Price Organizations: JPMorgan, Netflix, Trade, UBS, BMO Capital, Bank of America, Parts, Diageo, DEO, CNBC, Club, Corona, Modelo, Constellation Brands, Walgreens, Alliance, Barclays, United Parcel Service Locations: Fargo

☆ Electronic Pioneers Tangerine Dream Shape-Shift Once Again
▼ + stars: | 2023-09-25 | by ( Steve Smith | ) www.nytimes.com time to read: +1 min

Before this spring, the last time Tangerine Dream performed live in the United States was on Sept. 30, 2013. The occasion was “Live From Los Santos: The Music of Grand Theft Auto V,” a showcase presented during the 51st New York Film Festival. But you couldn’t miss the group’s leader, Edgar Froese, front and center in his signature black hat. It was the final New York performance by Froese, who died of a pulmonary embolism in 2015. Now, a new Tangerine Dream is touring the U.S. and Canada, arriving at the Knockdown Center in Queens on Saturday — precisely a decade after its last New York appearance.

Persons: Edgar Froese, Froese, Thorsten Quaeschning, Paul Frick, Hoshiko Yamane — Organizations: 51st New York Film Locations: United States, Santos, York, Berlin, Canada, Queens, Tucson, Ariz

☆ Teen hacked Uber, Revolut and Grand Theft Auto maker, London jury finds
▼ + stars: | 2023-08-23 | by ( ) www.reuters.com time to read: +1 min

LONDON, Aug 23 (Reuters) - A teenage member of the Lapsus$ hacking group was on Wednesday found to have hacked Uber (UBER.N) and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto after a trial at a London court. Arion Kurtaj, 18, embarked on a solo cyber crime spree in September 2022, first targeting Revolut before hacking Uber two days later. The teen then hacked Rockstar Games and threatened to release the planned Grand Theft Auto sequel's source code in a Slack message sent to all Rockstar staff. Kurtaj had previously hacked and blackmailed Britain's biggest broadband provider BT Group (BT.L) and mobile operator EE in 2021 and later chip maker Nvidia Corp (NVDA.O) in February 2022. The jury on Wednesday found Kurtaj committed 12 offences, including three counts of blackmail, two counts of fraud and six charges under the Computer Misuse Act.

Persons: Revolut, Arion Kurtaj, Kurtaj, Sam Tobin, William James Our Organizations: Rockstar Games, Rockstar, Southwark Crown, BT Group, Nvidia Corp, Computer, Thomson Locations: London, Southwark

And according to a report from Consumer Intelligence Research Partners, they're especially popular among young adults — the same group that dominates PC gaming, according to Statista. However, these days, most MacBooks run on a single chip called either the M1 or M2, also known as Apple silicon, that holds both the CPU and GPU. Steam, the most popular PC gaming app, even has its own dedicated macOS catalog now. It features thousands of fantastic games, including:You also have access to a wealth of popular games outside of Steam, like Fortnite and The Sims 4. And don't forget cloud gaming services like Xbox Game Pass that let you stream popular games on your MacBook.

Persons: MacBooks, you'll, Whoopi Goldberg's, you'd, William Antonelli, I've, you've, aren't Organizations: Consumer Intelligence Research Partners, Apple, AMD, Intel, Nvidia, Mac, Forza, Xbox Cloud Locations: itch.io

☆ The 'easiest way' to turn your hobby into a side hustle, according to an expert: 'Whatever hobby, there's someone who will pay you'
▼ + stars: | 2023-08-16 | by ( Gili Malinsky | ) www.cnbc.com time to read: 1 min

These days, there are endless ways to do a side hustle. You can write people's Grand Theft Auto profiles, take over their dating profiles like Tinder and OkCupid, and even get paid to deliver a joke fish. If there's a task that needs doing, it's entirely possible someone will pay you to do it. If you're looking for a side hustle, the easiest place to start might be to consider what you enjoy. Here are a few ideas of how to turn your hobby into a moneymaking hustle.

Persons: Angelique Rewers, BoldHaus

☆ Roblox misses quarterly bookings estimates on lower spending, shares tumble
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

The videogame industry is struggling with a slowdown in spending as inflation-weary gamers become more selective in picking popular titles. Roblox, which operates a metaverse – an emerging virtual space where people play games and make transactions - is available on mobile devices, desktops and Microsoft's (MSFT.O) Xbox. and "Brookhaven", posted net bookings of $780.7 million in the quarter, missing analysts' average estimate of $784.9 million, according to Refinitiv data. Net loss attributable to shareholders stood at $282.8 million in the quarter, compared with $176.4 million, a year earlier. The company released its eponymous online game "Roblox Beta" on Meta Platforms' (META.O) Quest virtual reality headsets in July.

Persons: Brendan McDermid, Samrhitha, Pooja Desai Organizations: New York Stock Exchange, REUTERS, Electronic Arts, Quest, Thomson Locations: New York, U.S, Brookhaven, Bengaluru

☆ Take-Two forecasts second-quarter net bookings below estimates
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +1 min

[1/2] Grand Theft Auto The Trilogy by Take-Two Interactive Software Inc is seen for sale in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File PhotoAug 8 (Reuters) - Take-Two Interactive Software (TTWO.O) forecast second-quarter net bookings below Wall Street targets on Tuesday, in a sign that spending on games was under pressure amid persistent inflationary pressures. Spending on videogame content was flat in the first half of the year, while console sales rose 23%, according to data from gaming research firm Circana. The videogame publisher forecast net bookings between $1.4 billion and $1.45 billion, compared with analysts' average estimate of $1.45 billion, according to Refinitiv data. Adjusted sales rose 20% to $1.20 billion in the quarter ended June 30, compared with analysts' average estimate of $1.21 billion, according to Refinitiv data.

Persons: Andrew Kelly, Chavi Mehta, Shilpi Majumdar Organizations: Inc, REUTERS, PlayStation, Thomson Locations: Manhattan , New York City, U.S, Bengaluru

☆ Teen hacked Uber, Revolut and Grand Theft Auto maker, London court hears
▼ + stars: | 2023-07-11 | by ( Sam Tobin | ) www.reuters.com time to read: +2 min

REUTERS/Arnd Wiegmann/File PhotoLONDON, July 11 (Reuters) - A teenage member of the Lapsus$ hacking group hacked Uber (UBER.N) and fintech firm Revolut then blackmailed the developers of best-selling videogame Grand Theft Auto, prosecutors have told a London court. Arion Kurtaj, 18, is said to have targeted Revolut and Uber in September 2022, accessing around 5,000 Revolut customers' information and causing nearly $3 million of damage to Uber. Prosecutors allege he hacked Rockstar Games days later and threatened to release the planned Grand Theft Auto sequel's source code in a Slack message sent to all Rockstar staff. Kurtaj later embarked on a solo cyber crime spree, Barry said, first targeting Revolut then Uber two days later before hacking Rockstar Games. He has previously pleaded guilty to two offences under the Computer Misuse Act and one count of fraud.

Persons: Arnd, Revolut, Arion Kurtaj, Uber, Kevin Barry, Kurtaj, Barry, Sam Tobin, Nick Macfie Organizations: Economic, REUTERS, Auto, Prosecutors, Rockstar, BT Group, Nvidia Corp, London's, BT, EE, Computer, Nvidia, Thomson Locations: Davos, Switzerland, London, Lapsus, London's Southwark

☆ Take-Two, this drug name are among the most overbought stocks on Wall Street. Here are the others
▼ + stars: | 2023-07-03 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Investors were snapping up shares of stocks including AmerisourceBergen and Take-Two in the last two weeks of the second quarter. CNBC Pro compiled the other most overbought stocks below: Airline stocks Southwest and Delta made the list, with both having an index above 90. Wall Street has a favorite among the two competitors: nearly 86% of analysts rate Delta a buy compared with nearly 43% for Southwest. But Wall Street does expect the 2023 rally to continue, with the average price target implying a nearly 7% upside from here. But the average Wall Street analyst expects shares to rally more than 25% in the next year.

Persons: AmerisourceBergen, Mills, General Mills, Zions Bancorporation, Fred Imbert Organizations: Walgreens, Nasdaq, CNBC Pro, Delta, Southwest Locations: Delta, FactSet

☆ Microsoft says it looked at acquiring Zynga but opted to go bigger with Activision
▼ + stars: | 2023-06-23 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Zynga was originally for the Facebook hit social game FarmVille, before eventually expanding into mobile games, largely through acquisitions. Prior to the Microsoft offer, Activision met with a financial firm to work on topping Take-Two's purchase of Zynga, CNBC reported at the time. Spencer didn't say when Microsoft was in talks with Zynga, and the company wouldn't provide further comment. Spencer said that after the company went to Zynga, he worked with Microsoft finance chief Amy Hood to look for mobile opportunities. Activision grew its portfolio of mobile games with the 2016 acquisition of King, publisher of Candy Crush Saga.

Persons: Phil Spencer, Justin Sullivan, Spencer, Spencer didn't, Tencent, Amy Hood, King, Candy Organizations: FRANCISCO, Microsoft, Activision, FTC, Activision Blizzard, Zynga, Federal Trade Commission, Facebook, FarmVille, CNBC, Sony, Apple Locations: CALIFORNIA, San Francisco , California, San Francisco

☆ Diablo IV crosses $666 million in sales in five days, a record for Activision Blizzard
▼ + stars: | 2023-06-14 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Activision Blizzard's new Diablo video game broke $666 million in global sales in the span of five days, the company said Wednesday. Diablo IV, which launched June 6, has become Activision subsidiary Blizzard Entertainment's fastest-selling game ever, the company added. Microsoft dominates the space, and with a possible Activision acquisition, it would be able to make popular franchises beyond Diablo exclusive to Microsoft's cloud platform, the CMA said. Diablo IV isn't available on Game Pass, an Activision executive said in March. The sales record, while record breaking for Blizzard, is not an industry record.

Persons: Diablo Organizations: Activision, Blizzard, Federal Trade Commission, Microsoft, FTC, Authority, CMA, Marquee, Electronic Arts, FIFA, Madden Locations: California

☆ Cramer: This is my game plan for the week ahead after Friday's surprise rally
▼ + stars: | 2023-06-04 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

It was the compromise debt limit deal — not the employment number — that caused the market to rally. The shorts were correct to press their bets if there was no debt deal and we got an employment number that was a steamer. A short squeeze happens when short sellers having to buy stocks to cover their short positions, pushing prices higher. I say no, no more than you needed in 2011, when the debt ceiling deal led to a fantastic rally because Armageddon was avoided. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Dow, Kevin McCarthy couldn't, Charles Schumer wasn't, Joe Biden lamely, McCarthy, Biden, Ronald Reagan, Tip O'Neil, Chris Matthews, Jerome Powell, Jim Umpleby, Sanford Bernstein, FANG, it's, Locker, Estee Lauder, Fabrizio Freda, Mary Dillon, Emerson, hasn't, Jeff Marks, LULU, Powell, battlegrounds, Johnson, Jim Cramer's, Jim Cramer, Jim, Joe Biden, Kevin McCarthy, Patrick's, Saul Loeb Organizations: Republican, Assistance, Microsoft, Apple, Nvidia, Caterpillar, Fed, Emerson Electric, Devices, GE Healthcare, Jim Cramer's Charitable, CNBC, US, AFP, Getty Locations: United States, China, California, St, Washington ,

☆ Take-Two Interactive CEO Strauss Zelnick on Q4 earnings, Grand Theft Auto 6, the future of A.I.
▼ + stars: | 2023-05-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTake-Two Interactive CEO Strauss Zelnick on Q4 earnings, Grand Theft Auto 6, the future of A.I. Strauss Zelnick, Take-Two Interactive CEO, joins 'Squawk Box to discuss the company's Q4 earnings results, company outlook and new game releases, the future of A.I. in gaming, and more.

☆ The biggest home buyers in America are now selling more property than they're buying
▼ + stars: | 2023-05-19 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Commercial property headwinds aside, today we're looking at the residential housing market, which is undergoing its own shifts, but not exactly in the same direction. Tell someone that the housing market is so unfavorable right now that the biggest home buyers in the country are actually net sellers now. American Homes 4 Rent, for example, bought 312 single-family homes and sold 666 to start the year. Similarly, Invitation Homes, the largest owner of single-family rentals in the US, bought 194 homes and sold 297 in the first quarter of 2o23. Naturally, the housing market has slowed down for everyday Americans, too, given the steep mortgage rates and lack of affordability.

☆ At Take-Two, ‘Grand Theft Auto’ Is Worth Doing Time
▼ + stars: | 2023-05-18 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

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