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Three months after Ryan Cohen startled Wall Street with an unsolicited $56 billion bid for eBay Inc. (NASDAQ:EBAY), GameStop Corp. (NYSE:GME)’s CEO appears to be backing away from it. Bloomberg reported on August 10 that Cohen is considering withdrawing the offer entirely and replacing it with something far more modest: a partnership or joint venture. […]
In today's Chart of the Day, Yahoo Finance Markets & Data Editor Jared Blikre dives into Intel's (INTC) rally and how the chipmaker’s surging stock price saved the company millions as it prepares to issue $20 billion in new common stock.
The video game retailer made an unsolicited, non-binding offer in May to acquire eBay in a cash-and-stock deal worth $55.5bn, or $125 per share.
GameStop (NYSE:GME) CEO Ryan Cohen is reconsidering the company's proposed US$56b takeover offer for eBay and is now exploring alternative structures. Cohen is said to favor a joint venture or partnership that would use GameStop's physical retail network to support eBay's platform. The revised approach could include GameStop seeking board seats at eBay instead of pursuing a full acquisition. For readers looking to explore related ideas in businesses tied to key materials and supply chains,...
Investing.com -- GameStop Corp. is considering withdrawing its $56 billion bid for eBay Inc., according to a Bloomberg report Monday.
Hertz stock is soaring on huge trading volumes since it reported strong earnings on Thursday. More than 28% of the public float faces a short interest.
eBay Inc. (NASDAQ:EBAY) reported stronger-than-expected second-quarter earnings and revenue, although the stock posted only modest gains in premarket trading on Thursday after the online marketplace issued mixed guidance for the current quarter.
EBay forecast third-quarter revenue above Wall Street estimates on Wednesday, leaning on its push into authenticated luxury goods, collectibles and refurbished products to bring more high-value buyers to its online marketplace. The company has sharpened its focus on enthusiast buyers through "focus categories" where buyers value selection and specialist services. These include trading cards and other collectibles, auto parts and accessories and refurbished electronics.
AMC reported better-than-expected second-quarter earnings and massive global attendance for The Odyssey.
The collaboration allows customers to have video games, consoles, accessories, collectibles and other electronics delivered from GameStop stores across the US.
GameStop (NYSE:GME) has partnered with Uber Technologies (NYSE:UBER) to make its products available through the Uber Eats platform, giving customers across the United States access to on-demand and scheduled delivery of gaming products. Gaming products available through Uber EatsUnder the new agreement, customers can order a wide range of GameStop merchandise, including video games, gaming consoles, accessories and collectibles, directly through the Uber Eats app.
Best Buy dominates in absolute scale, but GameStop's profit margins tell a starkly different story.
(Bloomberg) -- The year was tipped to be a potential blockbuster in deals and the first half delivered, setting a pace that is likely to continue in the closing months of 2026.Most Read from BloombergSpaceX IPO Left Mirae With No Shares on MisunderstandingSupreme Court Backs Birthright Citizenship in Blow to TrumpTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsWhatsApp Opens Username Reservations to 3 Billion UsersYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanFrom wel
eBay leans into enthusiast categories and digital scale, while Macy's bets on luxury and store revamps. See how their financials and risks stack up in 2026.
The company currently expects to generate adjusted earnings before interest, taxation, depreciation and amortization (EBITDA) in excess of $600 million, compared to $345.4 million in the fiscal year 2025.
Wendy’s joins GameStop as a meme stock after surging in value following a Reddit post urging fans to boost the brand.
Heavily shorted Wendy's stock is soaring for the second day in a row after capturing the attention of retail investors on Reddit.
Wendy's stock jumped 26% as WallStreetBets traders chased a GameStop-style short squeeze in the beaten-down burger chain.
Today, June 24, 2026, investors piled in as leadership changes fueled meme stock hype and speculation about a potential turnaround at the burger chain.
Heavily shorted Wendy's stock is soaring after gaining traction on Reddit. The rally suggest a short squeeze is in action.
Ryan Cohen, the billionaire CEO of GameStop, will not receive a potential performance award from the videogame retailer and plans to unveil more details about his bid to takeover eBay soon, the company said on Tuesday. GameStop unveiled a compensation package worth roughly $35 billion for Cohen in January, hinging on a turnaround that requires him to lift the struggling company's market value more than tenfold and sharply boost its profit. EBay rejected a $56 billion takeover bid from the much smaller GameStop in May, citing financing doubts and calling the proposal "neither credible nor attractive."
GameStop posts a double-digit net margin while StubHub expands its global event footprint, yet their financial health and risk profiles diverge sharply.
Jun. 20—ROCHESTER — North Rock Real Estate and a group of investors recently paid $8.98 million for the Rochester Crossings commercial center in northwest Rochester. Under the corporate name of Rochester Crossings LLC, the group purchased the 23-year-old center at 3780 Marketplace Drive NW, on June 11. Olmsted County estimated the total market value of the property at $7.12 million for ...
The recent surge in Space Exploration Technologies Corp. shares is more a testament to Elon Musk‘s transformative business acumen than the company’s current earnings, says CNBC’s Jim Cramer. Cramer opined that the company, potentially facing losses for years to come,...
Dave & Buster’s CEO pointed to weak consumer spending, while retail traders criticized leadership following results.
GameStop (NYSE:GME) CEO Ryan Cohen has launched a hostile takeover bid for eBay, taking the offer directly to eBay shareholders after the board rejected the proposal. At the same time, GameStop has announced a US$2b share repurchase program, tied to its focus on collectibles and a shift in how it deploys capital. GameStop, long associated with brick and mortar video game retail, has been leaning more into collectibles and related categories, an area that can behave differently from...
Is GME a good stock to buy? We came across a bullish thesis on GameStop Corp. on Value Don’t Lie’s Substack. In this article, we will summarize the bulls’ thesis on GME. GameStop Corp.’s share was trading at $22.26 as of June 8th. GME’s trailing P/E was 16.27 according to Yahoo Finance. GameStop Corp., a specialty retailer, […]
GameStop (NYSE:GME) has reinvented itself into a cash-rich holding company rather than a brick-and-mortar gaming retailer, and the market is still struggling to price what that means. After a blowout Q1 FY26 report, neutral retail sentiment, and a deep disconnect with traditional Wall Street coverage, my model sees meaningful upside from current levels. The 24/7 ... GameStop Surges on Q1 Beat, $2B Buyback, $39 Target
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