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Morgan Stanley resets Take-Two stock price target before GTA VI release

Morgan Stanley resets Take-Two stock price target before GTA VI release

Morgan Stanley is bullish on Take-Two Interactive (TTWO), as investors now have a clear release date of Nov. 19, 2026, for the company’s long-awaited Grand Theft Auto VI release. Specifically, the firm's analysis of past major game launches, as the Globe and Mail reported, shows that game publisher ...
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Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback

Nvidia forecasts quarterly revenue above estimates, announces $80 billion share buyback

May 20 (Reuters) - Nvidia forecast second-quarter revenue above Wall Street expectations on Wednesday, and announced an $80 billion share repurchase program. Shares of the company were down over 2% in extended trading.
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Factbox-Mega IPOs loom on Wall St as Elon Musk's SpaceX reveals paperwork

Factbox-Mega IPOs loom on Wall St as Elon Musk's SpaceX reveals paperwork

May 20 (Reuters) - Elon Musk's SpaceX moved closer to going public with its IPO filing on Wednesday, as the billionaire's rocket-and-satellite company looks to beat OpenAI and Anthropic to the new listings market. Wall Street is betting 2026 could be a breakout year for the U.S.
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Major takeaways from Magnificent Seven's AI-fueled earnings

Major takeaways from Magnificent Seven's AI-fueled earnings

By Niket Nishant May 21 (Reuters) - The latest quarterly earnings from Big Tech companies have given investors ample reason to stay invested in the AI trade, helping lift equities despite the unprecedented disruption in the oil markets that has clouded the economic growth outlook.
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TJX raises annual sales, profit forecasts as US shoppers hunt for deals

TJX raises annual sales, profit forecasts as US shoppers hunt for deals

May 20 (Reuters) - TJX raised its annual comparable sales and profit forecasts on Wednesday, banking on resilient demand at its off-price retail stores as budget-conscious consumers increasingly shop for deals amid economic uncertainties.
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Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war

Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war

By Arriana McLymore and Neil J Kanatt May 20 (Reuters) - Elf Beauty on Wednesday forecast annual sales and profit below analysts' expectations, and said surging oil prices tied to the Iran war could have a $15 million to $20 million impact in fiscal 2027.
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Deere beats second-quarter profit estimate but maintains full-year forecast

Deere beats second-quarter profit estimate but maintains full-year forecast

By Nandan Mandayam May 21 (Reuters) - Farm equipment maker Deere beat second-quarter profit estimates on Thursday, helped by improved demand for its small agriculture and construction machinery, but kept its full-year profit forecast unchanged.
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Ralph Lauren beats quarterly estimates on resilient luxury apparel demand

Ralph Lauren beats quarterly estimates on resilient luxury apparel demand

May 21 (Reuters) - Ralph Lauren beat quarterly results estimates on Thursday as demand for its high-priced Polo shirts and cotton cable-knit jumpers stayed resilient among affluent shoppers, lifting its shares about 10% before the bell.
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Chipmaker Analog Devices forecasts third-quarter revenue above estimates amid AI boom

Chipmaker Analog Devices forecasts third-quarter revenue above estimates amid AI boom

May 20 (Reuters) - Chipmaker Analog Devices forecast third-quarter revenue above Wall Street estimates on Wednesday, a sign of growing demand for its power-management semiconductors and sensor components amid the AI boom.
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Take-Two CEO Reaffirms GTA 6 Release Date Amidst Anticipation

Take-Two CEO Reaffirms GTA 6 Release Date Amidst Anticipation

Take-Two CEO Reaffirms GTA 6 Release Date Amidst Anticipation
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Take-Two CEO Confirms GTA 6 November 2026 Release Amid Delay Concerns

Take-Two CEO Confirms GTA 6 November 2026 Release Amid Delay Concerns

Take-Two CEO Confirms GTA 6 November 2026 Release Amid Delay Concerns
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Nvidia's outlook will be a test of its strategy to maintain AI dominance

Nvidia's outlook will be a test of its strategy to maintain AI dominance

By Zaheer Kachwala and Stephen Nellis May 19 (Reuters) - Nvidia is expected to deliver another blockbuster earnings report on Wednesday, but a shift in how artificial intelligence is used is raising doubts on how long its dominance in AI chips can last.