Chips split hard at Monday's close: four names finished up double digits, led by Monolithic Power at 16.67%, while NVIDIA slipped 4.20% to $178.81. A 21-point spread between AMD and NVIDIA in one session is rare for two stocks that usually trade together.
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Net bookings fell 18% to $1.60 billion in a quarter with nothing bigger than NBA 2K27 to sell, yet management held full-year bookings guidance of $8.0 to $8.2 billion. That math only works if Grand Theft Auto VI delivers on November 19.
The launch of Grand Theft Auto VI is ten days away and, with pre-orders continuing to reach unprecedented levels, we expect to deliver an historic year for our company.
Zelnick put the company's entire $38.7 billion valuation behind a single release date now ten days out, committing on the earnings call to a record year. Pre-order strength is the only read investors get before the game ships, and the next guidance update will show whether it held.
We are reiterating our outlook for Fiscal 2027 Net Bookings of $8 to $8.2 billion, and are confident in our ability to build on this incredible year as we release new hits, explore emerging business opportunities, expand our geographic footprint, and pursue accretive M&A – all of which will set us on a path to unlock greater earnings power and long-term shareholder value.
Zelnick held the Fiscal 2027 net bookings target steady with Grand Theft Auto VI still ahead, so the guidance bar is now set for the biggest launch in the company's history. He also put accretive M&A on the list of uses for that cash, a new wrinkle for a $38.7 billion publisher.
A 5.15% jump to $209.44 adds close to $2 billion to a $39.2 billion gaming publisher in a single session, with no company announcement behind it. Moves this size are rare here, so keep an eye on whether it holds into the close.
literal astrology at its finest
Seven data points and a joke about protagonists named Claude drew 1,152 upvotes, showing how eagerly traders dress up coincidence as signal. Before GTA VI lands, pattern-matching on tiny samples is how portfolios get built on nothing.
A 5.4% slide takes roughly $2 billion off this publisher's market value in a single session. Moves this size are rare for this name, so keep an eye on whether it stabilizes into the close.
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