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Why UBS Is Bullish On Take-Two Ahead Of Grand Theft Auto VI Launch
Why UBS Is Bullish On Take-Two Ahead Of Grand Theft Auto VI Launch
UBS analysts reiterated that Take-Two Interactive is their top U.S. gaming pick, with the highly anticipated release of Grand Theft Auto VI still scheduled for early November.
"We recently framed TTWO as our top pick in the U.S. interactive gaming space," analyst Christopher Schoell told clients.
Schoell said, "Concerns around AI and the potential for a new wave of content to hit the market/compete for engagement have weighed on the sector," adding, "We believe the fears for TTWO are...
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Jun 18, 2026 / Tyler Durden
Fed Moves To Close Stablecoin Loopholes With New Customer ID Rules
Fed Moves To Close Stablecoin Loopholes With New Customer ID Rules
Authored by Micah Zimmermann via BitcoinMagazine.com,
The Federal Reserve proposed Thursday that payment stablecoin issuers maintain written customer identification programs, a move that signals Washington’s determination to bring digital asset markets under the same anti-money laundering discipline long applied to traditional banks — even as regulators race to finalize rules before a statutory deadline this coming January.
The proposal would require so-called permitted payment stablecoin issuers, or PPSIs, to collect from each new customer a legal name, date of birth or formation, physical...
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Jun 29, 2026 / Tyler Durden
GM Replaces 1,000 Factory Zero Workers With 50 Robots
GM Replaces 1,000 Factory Zero Workers With 50 Robots
General Motors is once again under the microscope after expanding automation at its Detroit-based Factory Zero plant, installing about 50 collaborative robots not long after cutting more than 1,000 positions, according to Yahoo Finance.
The decision reflects a broader shift across the auto industry as manufacturers lean more heavily on robotics and AI to improve efficiency while labor groups warn about the impact on employment.
Factory Zero, where GM builds the GMC Hummer EV and Chevrolet Silverado EV, was originally marketed as the...
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Apr 30, 2026 / Dave DeCamp
Iran’s Khamenei Says Future of Persian Gulf Will Be Free of US Presence
Iranian Supreme Leader Ayatollah Mojtaba Khamenei said in a statement on Thursday that the future of the Persian Gulf is without a US presence and vowed that Tehran would set “new legal frameworks” for the Strait of Hormuz. The statement, which commemorated Iran’s Persian Gulf National Day, was issued through Iranian media as Khamenei has […]
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