Dear Reader,
Across America, there’s been violence, protests, lawsuits, canceled projects, and campaigns to impose statewide moratoria to stop AI’s impact on cities and small towns across the nation.
And Whitney Tilson, the man CNBC once named “The Prophet,” believes these frustrations are only going to get worse.
Because now that our midterm elections are over, he believes it’s all going to come to a head.
And it will have huge implications on your portfolio.
If history is any indication, those on the winning side of this divide could see their wealth grow exponentially…
While the losers could see their portfolios cut in half – or more – within the next six months.
That’s why today Whitney is sharing all the details of this divide with you.
And what you must do right now to protect your wealth.
When “The Prophet” makes predictions, people listen…
In 2000, he called the dot-com crash before many investors lost everything.
He predicted the bankruptcies of Bear Stearns and Lehman Brothers during the Great Financial Crisis.
He appeared on 60 Minutes and called the bottom of the stock market right before the longest bull market in history.
Today, he’s sharing all the details of his new prophecy…
One that could be the most consequential to your wealth to date.
Regards,
Matt Weinschenk
Publisher and Director of Research, Stansberry Research
P.S. Whitney believes what’s happening today could reset the financial system now that America has voted. If he’s even half-right, it’s going to have a huge impact on your money and your future. Get the details here…
TTWO Reports Today. GTA VI Launches Nov. 19. The Number That Decides Both.
Take-Two Interactive reports fiscal second-quarter 2027 results after the close on Monday, November 9, with a 4:30 p.m. ET call to follow. The timing is not incidental. Grand Theft Auto VI launches in ten days, on November 19, and this earnings report is the last set of financial disclosures before the most consequential release in Rockstar’s history hits retail.
What the Quarter Covers
The report covers the three months ended September 30, a period before GTA VI revenue touched the books. Management guided to net bookings of $1.62 billion to $1.67 billion for the quarter. Adjusted EPS guidance of $0.90 to $1.00 sits roughly in line with where Wall Street has clustered. Neither the top nor the bottom line is the number traders are really trading.
The number that matters is whether Take-Two reaffirms its full-year fiscal 2027 net bookings target of $8.0 billion to $8.2 billion. That figure reflects approximately 20% growth over fiscal 2026 and is heavily dependent on what GTA VI does in the back half of the fiscal year. Any softening of that range changes the calculus for every 2027 model on the street.
Pre-Order Context
The pre-order picture heading into today’s call is unusually concrete, with one important caveat: it is not company-reported. Sensor Tower’s public GTA VI sales tracker has been cited by multiple outlets as estimating about 7.71 million console pre-orders as of early November, generating roughly $751 million in digital pre-order revenue before a single copy shipped. About 74% of those units were attributed to PS5. Treat these as third-party estimates, not accounting.
Wall Street’s published estimates still lean bullish, and the most important thing on the call is less a third-party pre-order number than whether management is willing to characterize demand with any specificity. The gap between projection and confirmation is exactly what today’s call can begin to close if management speaks to pre-order momentum explicitly.
What Traders Watch on the Call
- Guidance confirmation: Does the $8.0 to $8.2 billion net bookings range hold, or does management narrow the band given pre-order visibility?
- GTA Online carry: Recurrent consumer spending drove 84% of Q1 net bookings. Any update on how GTA Online transitions into GTA VI’s live-services ecosystem matters for the multi-year revenue baseline.
- Operating cash flow target: Management has pointed investors to operating cash flow above $1 billion for fiscal 2027. With capital expenditures projected around $290 million due to a planned real estate purchase, cash flow commentary will be scrutinized.
- Mobile softness: The Zynga segment has faced headwinds. Investors will watch whether mobile stabilizes or continues to drag the blended bookings figure.
The Bigger Risk
Take-Two has beaten the Zacks consensus in each of the trailing four quarters, with an average EPS surprise of 41.9%, according to Zacks. The pattern creates a high bar: a beat on Q2 alone is unlikely to move TTWO meaningfully if GTA VI guidance softens even modestly. The same dynamic could repeat today.
The launch is confirmed. Physical code-in-box copies reach retailers November 12, and digital pre-loads begin November 10. What remains uncertain is how quickly that revenue converts into the fiscal model Wall Street has built around it. Today’s call is the last chance to anchor those projections before the market finds out the hard way.
