TTWO News & Events

The major averages started the week with an advance as investors shook off the weekend collapse in peace negotiations.Crude oil briefly surged past $100 per barrel once again after President Trump announced a blockade of the Strait of Hormuz after peace talks between the U.S. and Iran ended without an agreement in place, but oil pulled back as the session went on.In addition to navigating the renewed Iran worries, stocks advanced in spite of Goldman Sachs- the first of this week's big bank earnings reporters - slipping about 2%.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Goldman Sachsreported, though the company noted that the macro environment started to weigh on sentiment as Q1 progressedFastenalreportedand provided its outlook for 2026Baker Hughesits Waygate Technologies business to Hexagonfor $1.45BSomnigroupLeggett & Plattin a $2.5B all-stock transactionOver 1,000 writers, actors, and directors haveopposing Paramount Skydance'sproposed takeover of Warner Bros. Discovery2. WALL STREET CALLS:Best Buyto Sell from Buy at Goldman SachsKeyBancT-Mobileon valuation, Q1 results catalystStarbucksto Hold at JefferiesConstellation Brandsto Buy at TD CowenNiketo Hold from Buy at HSBC3. AROUND THE WEB:Take-Two'sRockstar Games was hacked for the second time in three years, BBC reportsBooking.comexperienced a data breach with "unauthorized parties" gaining access to customer data, The Guardian saysPolyPeptideis attracting private equity takeover interest, with EQT, KKR, and Advent among suitors looking into a potential acquisition of the company, Bloomberg reportsMetais developing an AI version of Mark Zuckerberg that can interact with employees in his stead as part of a bigger effort to remake the company around AI, FT saysInventurus Knowledge Solutions, or IKS, is in advanced talks to acquire TruBridgefor about $600M, Economic Times says4. MOVERS:Allogene Therapeuticswas higher afterfrom its ALPHA3 trialRevolution Medicinesincreased afterfrom its RASolute 302 clinical trialSpyre Therapeuticsgained after reporting its trial of SPY001Dutch Brosand Black Rock Coffee Barwere lower after the Wall Street Journalthat McDonald'sis planning to offer energy drinksCoStarfell after ReutersThird Point disposed of its position in the company and won't seek a proxy fight5. EARNINGS/GUIDANCE:Children's Place, with EPS and revenue lower year-over-yearMarti Technologiesbacked itsJPMorgan & Chasewillon April 14ALT5 Sigma CorporationreportedTSMCwillon April 16INDEXES:The Dow rose 301.68, or 0.63%, to 48,218.25, the Nasdaq gained 280.84, or 1.23%, to 23,183.74, and the S&P 500 advanced 69.35, or 1.02%, to 6,886.24.

Over the weekend, Take-Two's Rockstar Games, developer of the "Grand Theft Auto" franchise, confirmed it has targeted by hackers for the second time in three years, BBC's Liv McMahon and Joe Tidy report. The hackers who claimed responsibility for the breach said they gained access to Rockstar servers managed by a third-party cloud provider and threatened to publish stolen material online unless the company paid a ransom, the authors say, noting that Rockstar downplayed the attack, saying "this incident has no impact on our organisation or our players." "We can confirm that a limited amount of non-material company information was accessed in connection with a third-party data breach," a Rockstar Games spokesperson said.

A limited-time test of free-to-play mobile game "Borderlands Mobile," based on Take-Two's "Borderlands" franchise, is currently available for iOS in the U.S., Gematsu's Sal Romano reports. The game, published by Take-Two's Zynga and developed by NaturalMotion," appears to feature similar "looter shooter" gameplay as the mainline "Borderlands" franchise. "We are always exploring ways to introduce Borderlands to new audiences," a Zynga representative told Gematsu. "Zynga's NaturalMotion studio is currently conducting a limited-time test for an untitled Borderlands mobile project, with Gearbox providing creative guidance on the franchise's design, history, and lore."