(Reuters) -Take-Two Interactive Software tempered expectations for fiscal 2025 bookings on Thursday, after setting the release for the highly anticipated "Grand Theft Auto VI" in the fall of calendar 2025.
Shares of the New York-based company fell 4% in extended trading.
The video game publisher now expects bookings between $5.55 billion and $5.65 billion, down from its prior forecast of just over $7 billion.
The downbeat... (continue reading...)
JERUSALEM (Reuters) - Israel's foreign ministry said South Africa was 'presenting biased and false claims' that 'rely on unreliable Hamas sources' in response to a case brought to the U.N.'s top court accusing Israel of genocide on Thursday.
"Israel acts in accordance with international law and its humanitarian obligations," a statement from the Israeli foreign ministry said. "While implementing measures to minimize harm to civilians and civilian... (continue reading...)
NEW YORK (Reuters) - Cannabis stocks including Tilray, Curaleaf, and the AdvisorShares Pure US Cannabis ETF rallied on Thursday after the U.S. Department of Justice unveiled a historic proposal to ease restrictions on marijuana.
Under the proposal, cannabis would be reclassified from a so-called Schedule I drug, which are considered highly additive with no medical benefits, to a Schedule III, signifying it has moderate to low potential for physical... (continue reading...)
(Reuters) -Semiconductor equipment maker Applied Materials forecast third-quarter revenue largely above Wall Street estimates on Thursday, indicating robust demand fueled by an artificial intelligence boom.
Applied Materials has benefited from growing demand for wafer fabrication equipment, which are sophisticated and expensive machinery to make semiconductors, as its customers are investing heavily to produce AI chips.
A surge in the... (continue reading...)
By Ted Hesson
WASHINGTON (Reuters) - The Biden administration will speed up the immigration court cases of some single adults caught illegally crossing the U.S.-Mexico border under a new program announced on Thursday, part of a broader effort to reduce illegal immigration in the run-up to Nov. 5 elections, senior administration officials said.
(Reporting by Ted Hesson; Editing by Mica Rosenberg and Leslie Adler)
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