Take-Two's announcement of Grand Theft Auto VI's fall 2025 release date led to a lowered bookings forecast for the current fiscal year, following a previous surge in share value and a downward revision in February due to a delayed title release.
U.S. stocks are poised for a cautious start on Friday as concerns about rising interest rates return. Traders are waiting for a significant catalyst to propel the market higher after its recent record run.
Applied Materials shares are trading lower in the premarket session after reporting second-quarter results, including flat year-over-year revenue and increased demand for AI processor production machinery, while facing temporary order pauses from certain semiconductor customers.
Reddit and OpenAI announced a partnership that will give OpenAI's ChatGPT access to Reddit threads and enable Reddit users to use new AI-powered features. The two companies will also collaborate on advertising.