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Take-Two lifts annual revenue, profit forecasts ahead of "GTA VI" launch

Take-Two lifts annual revenue, profit forecasts ahead of "GTA VI" launch

Nov 9 (Reuters) - Take-Two Interactive lifted its annual revenue and profit forecasts on Monday, as the videogame publisher banks on the launch next week of the much-anticipated "Grand Theft Auto VI" to drive strong demand this year.

Take-Two lifts annual revenue, profit forecasts as 'GTA VI' launch nears

Take-Two lifts annual revenue, profit forecasts as 'GTA VI' launch nears

By Deborah Mary Sophia Nov 9 (Reuters) - Take-Two Interactive raised its annual revenue and profit forecasts on Monday, as the videogame publisher banks on the launch next week of the much-anticipated "Grand Theft Auto VI" to drive strong demand.

CoreWeave beats quarterly revenue estimates as AI demand defies growing doubts

CoreWeave beats quarterly revenue estimates as AI demand defies growing doubts

Nov 10 (Reuters) - CoreWeave beat Wall Street estimates for quarterly revenue on Tuesday, driven by strong demand for its cloud services, easing recent concerns around the durability of AI infrastructure demand amid its mounting debt load.

CoreWeave targets 2028 profitability as AI demand remains strong

CoreWeave targets 2028 profitability as AI demand remains strong

Nov 10 (Reuters) - CoreWeave expects to turn profitable on an adjusted basis in the first half of 2028, executives said on Tuesday, as the AI cloud firm sought to reassure investors that strong demand and customer commitments could support its debt-fueled expansion.

Baird, Morgan Stanley sour on Nvidia as CEO affair controversy deepens

Baird, Morgan Stanley sour on Nvidia as CEO affair controversy deepens

Nov 11 (Reuters) - Baird issued a rare downgrade of Nvidia and Morgan Stanley dropped the stock from its Top Pick list on Wednesday as investor concerns mounted over CEO Jensen Huang's future at the company central to the AI boom.

CoreWeave targets 2028 profitability as AI demand surges

CoreWeave targets 2028 profitability as AI demand surges

By Deborah Mary Sophia Nov 10 (Reuters) - CoreWeave said on Tuesday it would become profitable on an adjusted basis in the first half of 2028, as the AI cloud company sought to reassure investors that strong demand and customer commitments will support its debt-fueled expansion.

Wall St roars back as oil slide eases inflation jitters; Nvidia drops

Wall St roars back as oil slide eases inflation jitters; Nvidia drops

By Niket Nishant and Utkarsh Hathi Nov 9 (Reuters) - Wall Street's main indexes rebounded on Monday as a drop in oil prices soothed investor nerves after last week's selloff, even as AI heavyweight Nvidia hit a seven-month low following the controversy surrounding CEO Jensen Huang.

Sable Offshore sinks to record low after warning of going-concern risk

Sable Offshore sinks to record low after warning of going-concern risk

Nov 9 (Reuters) - Sable Offshore slumped 60.5% to a record low on Monday after the oil producer raised "substantial doubt" about its ability to continue as a going concern, citing strained liquidity due to sales disruption to its main buyer.

JetBlue seeks to reassure investors as losses deepen

JetBlue seeks to reassure investors as losses deepen

Oct 26 (Reuters) - JetBlue Airways sought to reassure investors about its financial health on Monday despite posting a bigger-than-expected quarterly loss, as a sharp selloff in its bonds and mounting restructuring concerns cast a shadow over the airline's turnaround.

'Grand Theft Auto VI' is almost here. What to know about the characters, music and billions at stake

'Grand Theft Auto VI' is almost here. What to know about the characters, music and billions at stake

‘Grand Theft Auto VI’ is set to release on Nov. 19, marking a return to the neon-lit streets of Vice City

Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

By Shashwat Chauhan Nov 10 (Reuters) - US stocks were set for a lower open on Tuesday and European shares pared gains after a hotter-than-anticipated inflation reading bolstered the case for a US Federal Reserve interest rate hike next month.

Anthropic targets $1 trillion IPO valuation in key test for AI market

Anthropic targets $1 trillion IPO valuation in key test for AI market

Nov 10 (Reuters) - Anthropic's IPO plans to raise as much as $64.4 billion, a regulatory filing showed on Tuesday, testing Wall Street's faith in the AI boom amid growing worries about its risks.