Take-Two Interactive boosts annual forecast on strong game sales, including upcoming “Grand Theft Auto VI” launch. Stock rises by 5%. Rockstar Games’ post-launch plans for “GTA VI” under scrutiny. Mobile titles like “Match Factory!” and “Toon Blast” drive growth. Fiscal 2026 bookings expected to reach $6.7 billion. Q3 net bookings beat estimates at $1.76 billion.

Executives address concerns about Google’s AI impacting game development. AI technology still in early stages, not a threat to creative process. Industry experts emphasize the importance of proprietary engine software and attention to detail in game development. Stock took hit after AI fears, but executives remain confident in company’s strategy.

Read more at Yahoo Finance: Take-Two raises annual bookings forecast, sticks with ‘GTA VI’ November launch