Grand Theft Auto

Search documents
Jim Cramer Says “Take-Two Has Real Scarcity Value Now”
Yahoo Finance· 2025-10-09 14:58
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is one of the stocks Jim Cramer put under the spotlight. Cramer noted that after EA going private, it is the only significant pure-play American video game company that is publicly traded. He stated: “Honestly… far more important than the latest earnings report is the simple fact that just last week the old Electronic Arts announced it will be taken private at $210 per share by a consortium of private equity firms… This was an industry with three major pla ...
EA's $55 Billion Deal Spurs a Shake-Up in the Gaming Sector
MarketBeat· 2025-10-07 23:07
Electronic Arts TodayEAElectronic Arts$200.02 -0.44 (-0.22%) 52-Week Range$115.21▼$203.75Dividend Yield0.38%P/E Ratio50.13Price Target$177.00Add to WatchlistMajor video game publishing firm Electronic Arts Inc. NASDAQ: EA, known for franchises including FIFA and Battlefield, drew headlines in late September when it announced it would be acquired in an all-cash deal worth a whopping $55 billion. The investor consortium acquiring the company, which includes Silver Lake, Affinity Partners, and the Saudi gover ...
Take-Two Interactive (TTWO) Ascends While Market Falls: Some Facts to Note
ZACKS· 2025-10-07 22:51
Take-Two Interactive (TTWO) closed at $260.50 in the latest trading session, marking a +1.37% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.38%. Elsewhere, the Dow lost 0.2%, while the tech-heavy Nasdaq lost 0.67%. Prior to today's trading, shares of the publisher of "Grand Theft Auto" and other video games had gained 3.3% outpaced the Consumer Discretionary sector's loss of 2.35% and lagged the S&P 500's gain of 4.06%.Market participants will be closely following the financial r ...
2 Brilliant Growth Stocks to Buy in October
The Motley Fool· 2025-10-07 01:26
These stocks are up 70% to 90% over the last year and have room to run.The best growth stocks are often those companies that continue to release more and better products over time. This is the basic formula that fuels more growth for the business and higher share prices over time.The following two companies are executing on this simple strategy to create wealth for their shareholders. These stocks have outperformed the S&P 500 over the last year and still offer attractive long-term return prospects. 1. Take ...
Everybody is focused on GTA 6, and for good reason, says Jim Cramer
CNBC Television· 2025-10-07 00:24
[Music] Even with a government shutdown, this has been a phenomenal market with so many stocks up news for the year. But which ones can keep running. I mean, that's what we know.Maybe even away from the data center. All right, let me give you a big one. Take Two Interactive by.>> Yes, the video game powerhouse you probably know from their iconic franchises like Grand Theft Auto, Red Dead Redemption, and NBA 2K. In the past couple of months, this stock has really caught fire. It's now abruptly 40% for the ye ...
Before GTA VI comes out, Take-Two shareholders are in a weird limbo, says Jim Cramer
CNBC Television· 2025-10-06 23:46
Even with a government shutdown. This has been a phenomenal market with so many stocks abused for the year. But which ones can keep running.I mean, that's what we know. Maybe even away from the data center. All right, let me give you a big one.Take two interactive. >> Yes, the video game powerhouse you probably know from the iconic franchises like Grand Theft Auto, Red Dead Redemption, and NBA 2K. In the past couple of months, this stock has really caught fire.is now abruptly 40% for the year in part becaus ...
Before GTA VI comes out, Take-Two shareholders are in a weird limbo, says Jim Cramer
Youtube· 2025-10-06 23:46
Company Overview - Take-Two Interactive has seen a significant increase in its stock price, rising 40% for the year, driven by the upcoming release of Grand Theft Auto 6 in May [2][3] - The company is known for its iconic franchises, including Grand Theft Auto, Red Dead Redemption, and NBA 2K [1] Financial Performance - In the latest quarter, Take-Two reported net bookings of $1.4 billion, exceeding both management's forecast and Wall Street's prediction of $1.31 billion [3] - Management raised its full-year forecast for net bookings and earnings before interest, tax, depreciation, and amortization (EBITDA) despite a slightly softer guidance for the current quarter [3] Market Context - The video game industry is experiencing a newfound sense of scarcity, particularly following EA's transition to a private company, which has contributed to the bullish sentiment around Take-Two [2] - The anticipation surrounding the release of Grand Theft Auto 6 is creating a unique situation for shareholders, as the upcoming blockbuster may overshadow current financial results [2]
Take-Two Interactive (TTWO) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-10-01 22:51
Take-Two Interactive (TTWO) closed the most recent trading day at $255.40, moving -1.15% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.34%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.42%. Heading into today, shares of the publisher of "Grand Theft Auto" and other video games had gained 7.23% over the past month, outpacing the Consumer Discretionary sector's loss of 0.7% and the S&P 500's gain of 3.54%.Market participants will ...
The market fallout of a possible government shutdown, plus a look at the health of the US economy
Youtube· 2025-09-29 15:07
Group 1 - Norwegian Cruise Line is making headlines as it rings the opening bell at the New York Stock Exchange [1] - Arc Best is also active at NASDAQ, with a positive sentiment among investors despite potential risks from a government shutdown [2][5] - The tech-heavy NASDAQ composite is showing gains, with a rise of approximately 0.5% [6] Group 2 - Electronic Arts shares are up 5% following news of a record-breaking $55 billion deal to take the company private, ending its 36-year run as a public firm [7] - Cannabis stocks are experiencing significant movement, with Tillray up over 28% and Canopy Growth up 13%, driven by President Trump's comments on CBD benefits [8] Group 3 - The potential government shutdown could lead to the furlough of around 900,000 federal employees, which may delay key economic data releases, including the jobs report [11][19] - Goldman Sachs has raised concerns about the market being in a bubble while also indicating that the economic impact of a shutdown would be modest [12][19] - Historically, stocks tend to rebound after a government shutdown, with an average rise of about 3% one month later [20] Group 4 - The U.S. economy is showing mixed signals, with a second-quarter GDP increase of 3.8% driven by consumer spending, but weak labor market readings, including only 22,000 jobs added in August [38][39] - The upcoming jobs report is crucial, with economists expecting an increase of 45,000 jobs for September [39][45] Group 5 - The Federal Reserve is closely monitoring the labor market, with expectations of potential rate cuts in response to economic conditions [18][34] - Analysts suggest that the labor market may see a reacceleration in job growth, particularly in sectors like financial services and construction, as the economy continues to grow [51][52] Group 6 - Gold prices are reaching new highs, driven by government shutdown risks and expectations of further Fed easing, with Goldman Sachs projecting gold could reach $4,000 by mid-2026 [23][24] - Central bank holdings of gold have surpassed U.S. treasuries for the first time since 1996, indicating a significant shift in investment strategies [25]
Electronic Arts Is Going Private In a $55 Billion Deal
Investopedia· 2025-09-29 14:16
Core Insights - Electronic Arts (EA) is being acquired by a consortium for $55 billion in cash, with a purchase price of $210 per share, representing an 8.6% premium over the last closing price [2][4][8] - This acquisition marks the largest private-equity backed buyout in history and signals a significant investment in the gaming industry [4][5] - EA shares have increased nearly 40% year-to-date, reflecting positive market sentiment leading up to the acquisition announcement [6] Company Overview - The buyers include the Saudi Public Investment Fund, Silver Lake, and Jared Kushner's Affinity Partners, indicating strong interest from private equity in the gaming sector [2][5] - The deal is expected to close in the spring, further solidifying EA's transition to a private entity [2][4] Industry Context - This acquisition follows Microsoft's purchase of Activision Blizzard, highlighting a trend of consolidation within the video game industry [3] - The deal could renew investor interest in gaming stocks, which have experienced mixed performance in recent years [4]