Take-Two Interactive Software shares tumbled Friday after the company said it would delay the launch of its blockbuster video game “Grand Theft Auto VI.”
The company pushed the game’s release to May 26, 2026, from the expected fall 2025 release date.
JPMorgan analysts stuck with their “overweight” rating on the stock, but said the new timeline for the game was well beyond delays investors had anticipated.
Take-Two Interactive Software (TTWO) shares tumbled Friday after the company said it has delayed the launch of its blockbuster video game “Grand Theft Auto VI” to May 26, 2026, from the expected fall 2025 release date.
Take-Two said its wholly owned Rockstar Games label would release the game during its fiscal 2027 year.
“We support fully Rockstar Games taking additional time to realize their creative vision for Grand Theft Auto VI, which promises to be a groundbreaking, blockbuster entertainment experience that exceeds audience expectations,” Take-Two CEO Strauss Zelnick said. “While we take the movement of our titles seriously and appreciate the vast and deep global anticipation for Grand Theft Auto VI, we remain steadfast in our commitment to excellence.”
JPMorgan analysts stuck with their “overweight” rating for the stock, but said the new timeline for the videogame was well beyond delays investors had anticipated. “We believe investors were braced for a potential slight delay” to the winter of this year, the analysts wrote, “but certainly not mid-2026.”
The analysts added the postponed game could give Take-Two rival Electronic Arts (EA) “a window to launch” its “Battlefield” game franchise in fiscal year 2026, though said they believed the risk of a “further delay is limited.”
Shares of Take-Two, which reports fourth-quarter fiscal 2025 results on May 15, entered Friday up 28% since the start of the year. They dropped over 8% soon after the opening bell.
Warren Buffett’s Berkshire Hathaway is set to hold its annual shareholder meeting and release its first-quarter financial results on Saturday.
Investors will be watching closely to see what the “Oracle of Omaha” has to say amid economic uncertainty.
UBS analysts recently boosted their earnings and stock price targets for Berkshire Hathaway, calling it a “safe haven in a turbulent environment.”
Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) is slated to hold its annual shareholder meeting and release its first-quarter financial results on Saturday.
The event, dubbed the “Woodstock for Capitalists,” draws tens of thousands of visitors each year, and amid economic uncertainty in the face of President Trump’s shifting tariff policies, many investors will be watching closely to see what the “Oracle of Omaha” has to say.
Earlier this month, Berkshire issued a statement dismissing comments allegedly made by Buffett on social media following speculation he had endorsed Trump’s tariffs, and the legendary investor told CNBC he wouldn’t comment further on the economy or markets until Berkshire’s meeting.
“Over time, they’re a tax on goods,” he said, adding “I mean, the Tooth Fairy doesn’t pay ’em! And then what? You always have to ask that question in economics. You always say, ‘And then what?'”
Berkshire Stock Has Rallied Amid Volatility
While the S&P 500 is down about 4% year-to-date amid heightened market volatility, Berkshire’s shares have added close to 19%.
UBS analysts recently boosted their earnings and stock price targets for Berkshire Hathaway, calling it a “safe haven in a turbulent environment.”
“While BRK’s shares have meaningfully outperformed YTD and are trading near historical high valuations, given its substantial cash position and generally defensive business mix, we believe its shares deserve a premium in the current uncertain economic environment,” they said.
CFRA analysts, however, warned that a weakening economy “would likely dampen demand for many of BRK’s products.” They issued a “hold” rating for Berkshire, in contrast to UBS’ “buy” rating.
CFRA also pointed to Buffett’s age, at 94, as a risk factor. While Berkshire has not formally announced a successor yet, Buffett said in his annual letter to shareholders in February that “it won’t be long before Greg Abel replaces me as CEO.”
What Are Buffett’s Plans for Huge Cash Pile?
Investors will also focus their attention on Berkshire’s cash pile, which swelled to a record $334.2 billion at the end of 2024, and how Buffett might deploy it—or keep adding to it. Buffett said last year that “things aren’t attractive,” with a dearth of options that would satisfy Berkshire’s criteria.
In the fourth quarter, Berkshire had entered a new position in Modelo maker Constellation Brands (STZ), while raising its stakes in SiriusXM (SIRI), Occidental Petroleum (OXY), Domino’s Pizza (DPZ), Verisign (VRSN), and Pool Corp. (POOL). Berkshire also trimmed its stakes in Bank of America (BAC), Capital One (COF), and Citigroup (C), while exiting Ulta Beauty (ULTA).
Berkshire Hathaway shares will be on investors’ radar screens Monday after legendary investor Warren Buffett said that he plans to step down as CEO at the end of this year.
Berkshire shares broke out above the upper trendline of an ascending triangle in Friday’ s trading session, potentially setting the stage for a continuation move higher.
Measured move and bars pattern upside targets on Berkshire’s chart sit at $585 and $606, while crucial support levels lie at $519 and $490.
The 94-year-old Buffett, who has headed the company for 60 years, said he will hand over the reins to Vice Chairman Greg Abel, who has long been identified by Berkshire as Buffett’s successor. Buffett’s retirement marks the end of an era that has cemented his place as an investment icon and American success story after transforming a faltering textile company into a trillion dollar conglomerate with successful businesses across many sectors.
Berkshire shares climbed to a fresh record high on Friday before Buffett’s announcement on Saturday. As of last week’s close, the stock has gained 19% since the start of the year and trades 35% higher over the past 12 months. By comparison, the benchmark S&P 500 has lost 3% and added 11%, respectively, over the same periods.
Below, we take a closer look at the technicals on Berkshire’s chart and identify key price levels investors will likely be watching.
Ascending Triangle Breakout
Berkshire shares broke out above the upper trendline of an ascending triangle in Friday’s trading session, potentially setting the stage for a continuation move higher.
Meanwhile, the relative strength index (RSI) confirms bullish price momentum with a reading above the 50 threshold, though the indicator sits below overbought levels, providing ample room for the stock to trend higher.
Let’s apply several technical analysis techniques to Berkshire’s chart helping us identify key overhead areas worth watching, while also locating two crucial support levels that could come into play during future pullbacks.
Key Overhead Areas to Watch
Measured Move Target
To project an upside target using the measured move technique, we calculate the distance between the ascending triangle’s two trendlines near the start of the pattern and add that amount to Friday’s breakout point. Therefore, we add $50 to $535, which forecasts a target of $585, about 8% above Friday’s closing price.
Bars Pattern Target
Investors can also use the bars pattern tool to project a bullish target. When applying the technique to Berkshire’s chart, we extract the price bars comprising the stock’s trend higher from early February to late March and reposition them from Friday’s breakout point.
This projects a target of around $606, around 12% above of Friday’s close. We selected this prior move higher as it followed a breakout from an earlier ascending triangle on the chart, providing insight into how a similar uptrend may play out if price action rhymes.
Crucial Support Levels to Monitor
A close below the ascending triangle’s top trendline could trigger an initial pullback in the stock to around $519. This area on the chart may provide support near the prominent early-March peak and a period of trading activity that formed within the pattern.
Finally, a more significant retracement could see Berkshire shares revisit lower support at $490. Investors may seek entry points in this region near the notable early-March swing low during a dip toward the 50-day moving average.
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As of the date this article was written, the author does not own any of the above securities.
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Five Below shares rise Friday after the retailer said it expects to turn in better-than-anticipated results for the current quarter.
Investors and analysts are watching to see whether discount retailers like as Five Below, benefit from shifting trade policies and economic uncertainty.
Five Below also said director Mike Devine is expected to succeed founder Tom Vellois as chair.
Five Below stock jumped Friday after the retailer said its stores have been performing better than expected.
Five Below (FIVE), a chain known for toys and other inexpensive merchandise, will likely report about $967 million in sales for the current quarter—about 4.5% above the upper end of its prior guidance, the company said Friday. Five Below also anticipates first-quarter comparable sales rising 6.7% year over year, rather than the 2% previously expected. Five Below’s fiscal first quarter ends Saturday.
The update comes as analysts and investors try to suss out whether consumers, who have a dimmer economic outlook because of tariffs, will increasingly turn to discount retailers. Walmart (WMT), which has seen its business of upper-income shoppers rise while discount chains have seen shoppers trading down, is slated to release earnings on May 15.
Five Below, which has 1,800 stores, will release its final quarterly figures in early June, according to the company. The company also expects to elevate director Mike Devine to chair in June, it said, a position that has been held by founder Tom Vellios, who plans to stay on in an advisory capacity until the end of 2025.
Five Below has also moved quicker on its expansion than anticipated. The company believes it will have added 55, rather than 50, locations when the quarter ends, the release said.
Shares of Five Below were recently up 8%, though they’ve still lost more than 40% of their value in the past year.
DuPont exceeded first-quarter earnings and revenue estimates on strong demand for its artificial intelligence-related electronics products.
The materials and chemical maker also predicted announced Trump administration tariffs will cost $60 million this year, or $0.10 per share.
Without taking into account the tariff impact, DuPont’s full-year profit guidance was ahead of forecasts.
DuPont (DD) shares advanced slightly Friday as the materials and chemical giant posted better-than-expected results and gave its outlook for the impact of Trump administration tariffs.
DuPont reported first quarter adjusted earnings per share (EPS) of $1.03, with revenue up nearly 5% year-over-year to $3.07 billion. Both exceeded Visible Alpha estimates.
Sales in its ElectronicsCo division, which it plans to spin off in November, jumped 14% to $1.12 billion, driven by demand for “advanced nodes and AI technology applications, along with strong China volume.”
DuPont Kept Seeing ‘Strong Order Patterns’ Through April
CEO Lori Koch said the company continued “to benefit from ongoing strength in electronics markets as well as strong demand in healthcare and water end-markets,” adding that through April, DuPont kept on seeing “strong order patterns consistent with our expectations.”
CFO Antonella Franzen explained that the company anticipates announced tariffs will cost $60 million in 2025, or $0.10 per share. Without that included, DuPont sees adjusted EPS of $4.30 to $4.40. The Visible Alpha forecast was for $4.27.
Shares of DuPont, which rose less than 1% in late-morning trading, have lost about 12% this year.
Written by Steven Dooley, Head of Market Insights, and Shier Lee Lim, Lead FX and Macro Strategist
China trade news lifts Aussie, CNY
The Australian dollar was higher on Monday morning helped by a potential thawing in trade relations between the US and China while a strong win for Australian prime minister Anthony Albanese’s Labor party also boosted sentiment.
The AUD/USD was up 0.8% on Friday and has followed this gain with another 0.3% lift on Monday. The moves have driven the AUD/USD to the highest level in five months.
In other markets, Friday’s comments from China’s Commerce Ministry, saying it was open to trade takes if the US showed “sincerity”, helped currencies around the region.
Most notably, the USD/CNH plunged, down 0.9%, as it dropped to six-month lows.
The NZD/USD was also higher, up 0.7%.
In Singapore, the USD/SGD dropped below the 1.3000 level, helped by the trade news while a strong election performance from the long-established People’s Action Party government also lifted the SGD.
Australian trade numbers also help AUD
The Aussie was also helped by better trade data.
Australia posted the highest three-month run of exports to the US as President Donald Trump’s tariff policies triggered a rush to buy gold, resulting in a goods surplus of AUD4.1 billion with the US in the three months leading up to March, after a deficit of AUD6.2 billion in the previous year, according to Reuters.
Due to an almost 12% recovery in iron ore and a 26% increase in non-monetary gold shipments, overall exports increased 7.6% m/m in March after declining 3.6% the previous month.
A decline in capital goods was the primary cause of the 2.2% m/m decline in imports.
AUD/USD has bounced off its lows from 0.5915 on 9 April with gains more than 8% since.
The next key support for the pair rests at 21-day EMA of 0.6351.
Central bank decisions and PMIs in focus
Central bank decisions take centre stage this week.
The week features two major central bank meetings, with the Federal Reserve’s FOMC decision and the Bank of England’s policy announcement on Thursday. The Fed is widely expected to maintain its target range at 4.5%, while markets anticipate a potential 25bps cut from the Bank of England to 4.25% from the current 4.50%.
Global PMI readings dominate the calendar. The week brings final April PMI figures across major economies, offering insights into business activity trends. Tuesday features China’s Caixin services PMI, followed by final PMI readings from France, Germany, and the broader Eurozone, alongside the UK’s services PMI. The UK construction PMI on Wednesday completes the global PMI picture, providing a comprehensive view of business conditions across regions.
Industrial production data to gauge manufacturing health. Several key economies report manufacturing output figures, starting with France on Tuesday (consensus +0.3% MoM). Germany follows with factory orders on Wednesday (expected +2.1% MoM) and industrial production on Thursday (forecast +1.0% MoM). The UK rounds out the week with manufacturing and industrial production readings on Friday, providing a comprehensive view of global manufacturing conditions amid ongoing economic uncertainties.
Labor market and trade data provide growth insights. The US trade deficit is expected to narrow slightly to $119.5 billion (from $122.7 billion) when reported Tuesday.
New Zealand employment figures arrive Wednesday morning. Canada’s employment figures cap the week on Friday, with forecasts showing a 25,000 job gain following the previous month’s 32,600 decline. The unemployment rate is anticipated to hold steady at 6.7%. These reports will offer valuable context on economic resilience as central banks weigh policy adjustments.
Aussie higher across markets
Table: seven-day rolling currency trends and trading ranges
*The FX rates published are provided by Convera’s Market Insights team for research purposes only. The rates have a unique source and may not align to any live exchange rates quoted on other sites. They are not an indication of actual buy/sell rates, or a financial offer.
The U.S. economy added 177,000 jobs in April, decelerating from a downwardly revised 185,000 in March, but more than the 133,000 forecasters had expected.
The unemployment rate remained relatively low at 4.2%, the same as in March.
The report showed that the job market remained steady despite the uncertainty and pessimism created by President Donald Trump’s tariff campaign.
The job market stayed resilient in April despite the uncertainty created by President Donald Trump’s unpredictable tariff campaign.
The U.S. economy added 177,000 jobs in April, the Bureau of Labor Statistics said Friday. That was a slowdown from a downwardly revised 185,000 in March, but more than the 133,000 forecasters had expected according to a survey of economists by Dow Jones Newswires and The Wall Street Journal. The unemployment rate held steady at 4.2%, which is not high by historical standards.
The jobs report was highly anticipated, as financial markets and Federal Reserve officials are examining the impact Trump’s drive to raise import taxes will have on the economy.
A sharp decline in job growth would have been a red flag that a recession is on the way. Instead, the steady job growth showed the hiring market may be healthy enough to stay afloat at least for the time being.
Trump’s tariffs against U.S. trading partners, many of which went into effect in April, have shaken up the outlook for the economy. Businesses and individuals have grown increasingly worried about higher prices and supply chain disruptions, according to surveys, which could hurt the job market or even potentially cause a recession.
Jobs Could Still Falter in Wake of Tariffs
However, if a surge in unemployment is coming, it may be too soon for it to show up in hard economic data.
“April’s jobs report suggests the labor market remains in a strong position,” Noah Yosif, chief economist at the American Staffing Association, said in a commentary. “However, the jury is out on whether the economy will be able to absorb potential shocks from tariffs.”
The tariffs are meant to help U.S. manufacturing by encouraging companies to build factories in the U.S. rather than import products from abroad. Ironically, however, the manufacturing sector could be the first to feel the pinch.
Managers in that industry reported laying off workers in April, according to a survey by the Institute for Supply Management released Thursday. Friday’s jobs report repeated this pattern, reporting that manufacturing lost 1,000 jobs after growing in March.
Economists and trade experts have predicted that the tariffs will hurt employment, especially in manufacturing. Higher costs for materials and parts imported from abroad will squeeze U.S.-based businesses, and trade barriers put up by foreign countries in retaliation will hurt exporters.
“The impact of trade tensions on the U.S. job market will likely show up gradually,” Ali Jaffery, an economist at CIBC, wrote in a commentary. “The headlines and surveys are telling us that first response of affected businesses is to cut costs, delay investment and pause unnecessary hiring, hopeful for a further moderation of tariff policy. There are also a significant portion of firms unaffected by the trade war in these early innings, and will start to the feel the stress over time.”
Update, May 2, 2025: This story has been updated after publication to include additional commentary from experts.
The economy created more jobs than anticipated in April, sending U.S. equities higher at midday.
Shares of Warren Buffett’s Berkshire Hathaway traded at a record high ahead of the company’s annual meeting tomorrow.
Apple said Trump administration tariffs could cost the iPhone maker $900 million in the quarter.
U.S. equities took off at midday after the Labor Department reported job creation in April that was higher than expected. The Dow Jones Industrial Average, S&P 500, and Nasdaq all rose more than 1%.
Dexcom (DXCM) was the best-performing stock in the S&P 500 when the maker of glucose monitoring devices for patients with diabetes beat sales estimates on higher demand, and announced a $750 million stock buyback program.
Shares of Berkshire Hathaway (BRK.A) traded at an all-time high ahead of Warren Buffett’s annual meeting in Omaha tomorrow.
Nvidia (NVDA) shares gained on a report the artificial intelligence (AI) chipmaker is working to design semiconductors to sell in China that would comply with U.S. trade restrictions.
Apple (AAPL) shares declined after CEO Tim Cook said Trump administration tariffs could cost the iPhone maker $900 million this quarter.
Shares of Block (XYZ) nosedived when the payments technology provider reported worse-than-expected profit, sales, and guidance as it warned it was being more cautious because of macroeconomic uncertainty.
Hologic (HOLX) shares tumbled after the medical diagnostic device maker cut its outlook, citing tariffs and geopolitical concerns.
Oil futures slid. Gold prices rose. The yield on the 10-year Treasury note was higher. The U.S. dollar lost ground to the euro, pound, and yen. Most major cryptocurrencies traded higher.
If you’ve inherited some money—even if it isn’t a lot—congratulations! You could just go out and spend it, of course. Or you could invest it in something more meaningful to you.
Before doing anything with the money, give yourself a little time to regroup. Inheriting money—even a modest sum—can bring up emotional decisions, especially if it came from someone close to you. Taking a pause can help you make choices that align with your long-term goals.
Here are five simple steps to make a modest inheritance go the farthest.
Key Takeaways
When you inherit money, the first step is to pause and take a deep breath.
You might want to invest the money for a future goal or use it for a short-term one, such as paying down credit card debt.
Your time frame will guide your investment choices. The more distant your goal, the more risk you can take.
1. Don’t Rush
Take a moment to assess your financial picture and resist the urge to spend impulsively. A calm, thoughtful approach will help you make smarter choices.
2. Park It Someplace Safe
Rather than an everyday bank account, look for one that will at least earn you some interest. Mari Adam, a certified financial planner in Boca Raton, Fla., says a money market account at a discount brokerage firm can be ideal for that purpose. Another possibility is a high-yield savings account at an online bank. They’re both currently paying about 4%.
3. Be Aware of Any Tax Implications
Inheritances are generally tax-free to the recipient. However, as Adam points out, that can depend on how the inheritance comes to you. If it’s simply cash, you most likely don’t have to worry about taxes. If you’re the beneficiary of someone’s individual retirement account (IRA), however, you are subject to a different set of tax rules.
4. Consider Your Options
You may want to earmark the money for a future goal, such as a down payment on a home, your own or a child’s education, or your retirement. Or, you might want to put it to use right away, such as paying down any high-interest credit card debt you’ve been carrying.
If you don’t really need the money for more serious purposes, don’t hesitate to use it for something you’ve always dreamed of but could never afford—a special vacation trip, for example. “Someone felt enough of you to give you this gift,” Adam says. “They wanted you to enjoy it.”
5. Invest Accordingly
If your plan for the money is to buy a new car a year from now, you will want to invest it more conservatively than if it’s for a long-term goal, such as your retirement in 20, 30, or 40 years. In the former case, you might just leave it in the money market or high-yield savings account; in the latter case, you’ll have more options for potentially higher returns, such as a stock index mutual fund.
The Bottom Line
If you’ve inherited a little money, what you do with it next is up to you. You can spend it, save it for the time being, or invest it for the long haul. Whatever you end up doing, try to give it some thought before you act because once the money’s gone, it’s gone. And a modest inheritance can go pretty fast.
