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Dow struggles for direction after climbing above unprecedented 40,000 milestone

At 13:17 ET (17:17 GMT), Dow Jones Industrial Average were 58 points, or 0..2%, S&P 500 traded largely flat, and NASDAQ Composite was 0.1%, lower. All three indices are on track to record gains this week,

Take-Two shrugs off GTA delay news; Doximity shines on earnings stage

Take-Two Interactive Software Inc (NASDAQ:TTWO) rose more than 1% even as the video game maker lowered its bookings guidance for 2025 after delaying the release of Grand Theft Auto game to the fall of 2025. The video game did, however, deliver quarterly that beat Wall Street estimates.

Despite delays, however, management "noted that expectations for GTA's commercial impact have increased and expects bookings to ramp from fiscal 2025 to fiscal 2027," UBS said. 

Doximity Inc (NYSE:DOCS) rose more than 18% after reporting fiscal fourth-quarter results that beat on both the top and bottom lines. The online networking platform company also announced a $500 million stock buyback program.     

Chip stocks stutter despite AMD gains; Gamestop slumps on share sale

Advanced Micro Devices Inc (NASDAQ:AMD) gained more than 1% after Reuters reported that Microsoft (NASDAQ:MSFT) plans to offer its cloud customers AMD chips as an alternative to Nvidia chips.

NVIDIA Corporation (NASDAQ:NVDA) fell 1% on the news. 

GameStop Corp (NYSE:GME), meanwhile, fell more than 20% after unveiling plans to sell up to 45 million shares in an at-the-market offering and reporting preliminary results that showed a fall in first-quarter results.