GameStop chief executive Ryan Cohen is pressing ahead with a long-shot pursuit of eBay despite Wall Street scepticism, quietly amassing a nearly...
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Videogame retailer GameStop owns nearly 10% of e-commerce company eBay, the company said in a regulatory filing late on Friday, nearly three months after making an unsolicited offer to buy eBay for roughly $56 billion. GameStop said it owns 43.4 million outstanding shares of eBay, or 9.8%, marking a dramatic increase in ownership from early May when GameStop CEO Ryan Cohen told eBay's board chairman "we have accumulated a 5% economic stake" through derivatives and beneficial ownership. GameStop bought 3.5 million eBay shares for roughly $381 million last month and said it settled 39 million eBay shares from put/call pairs on Friday.
GameStop (GME) is back in focus after the company announced a nationwide partnership with Uber Technologies, which puts its games, consoles, and collectibles onto the Uber Eats on demand retail platform. See our latest analysis for GameStop. Despite high profile moves such as the Uber Eats partnership and the pursuit of eBay, GameStop’s 30 day share price return of 2.14% and 90 day share price decline of 10.71% sit alongside a 1 year total shareholder return that is down 5.22%. Together,...
GameStop (NYSE:GME) has entered a partnership with Uber Eats to offer delivery of its products through the Uber Eats platform. The arrangement covers video games, consoles, and accessories, with on demand delivery available to customers across the United States. GameStop operates as a specialty retailer focused on video games, consoles, and related accessories, an area that continues to evolve as more spending shifts online. Partnerships with large delivery platforms are one way retailers...
Investing.com -- GameStop Corp. Chief Executive Officer Ryan Cohen said he will not back down from his pursuit of eBay Inc., despite the online auction company's rejection of his $56 billion takeover bid.
(Bloomberg) -- GameStop Corp. Chief Executive Officer Ryan Cohen declined to say if he planned to raise his $56 billion offer for online auctioneer eBay Inc., but said “we’re coming for eBay one way or another.”Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companio
GameStop announced a partnership with Uber for on-demand gaming merchandise delivery. But does that warrant buying GME shares? Let’s find out!
The collaboration allows customers to have video games, consoles, accessories, collectibles and other electronics delivered from GameStop stores across the US.
Sony CEO Hiroki Totoki sold more than half of his direct holdings in the conglomerate as it unveils two new initiatives.
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.
Uber said that customers can order gaming consoles, video games, collectibles, and electronics from participating GameStop stores nationwide.
Best Buy dominates in absolute scale, but GameStop's profit margins tell a starkly different story.
GameStop shareholders approved a routine-sounding item on Tuesday: more authorized Class A shares. The timing complicates that read. Six days earlier, Sony confirmed it will stop manufacturing physical PlayStation game discs starting in January 2028, closing the book on the exact product category ...
eBay will report its Q2 results soon. Here’s what analysts expect out of it…
Sony will phase out physical gaming discs by 2028, raising memory-cost and ownership concerns, while SONY stock shows limited upside with a $22 consensus price target.
Investors approved all proposals at the annual meeting, giving the videogame retailer greater flexibility for future strategic transactions.
Mental health experts see similarities between opening a pack of trading cards and the rush that accompanies traditional gambling.
GameStop is pursuing a potential acquisition of eBay after an initial rejection, signaling continued interest in expanding beyond its core video game retail business. CEO Ryan Cohen has withdrawn a controversial performance award to emphasize alignment with shareholders and reduce distractions during ongoing talks. The company has raised its financial targets as it renews its push around this potential deal, highlighting the importance of this effort for NYSE:GME. GameStop, trading on...
GameStop stock has recovered in the short term, but with the share price still down about 52% over the past five years and the broader valuation checks sending a mixed signal, the market is still debating what the current price really implies about its future. Over the last five years, GameStop has delivered a decline of around 52%, which raises the question of whether the recent rebound is a reset toward fair value or just a pause in a longer reset. Sony's plan to end physical PlayStation...
Sony is moving on from physical game discs soon, and that's a bigger deal than you might think.

Yahoo Finance Tech Editor Dan Howley breaks down some of the day's biggest headlines, including Sony (SONY) announcing that it will cease production of physical discs for PlayStation console games in 2028.
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Jack in the Box stock shot up more than 20% this week. The stock also faces 40% short interest, according to MarketSurge.
Investing.com -- Sony Interactive Entertainment dealt the physical gaming market a landmark blow on Wednesday, announcing that disc production for all new PlayStation games will cease in January 2028, a watershed moment for console gaming. The company's own data shows that nearly four in five full-game purchases on PS4 and PS5 were made digitally over the past year, providing the commercial rationale for a policy that applies to every publisher, not just Sony's first-party titles.
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Jack in the Box stock shot up more than 20% on Monday. The stock also faces 40% short interest, according to MarketSurge.
The company made a big bet on safety, but investors are paying the price for the unintended consequences.
While profitability is essential, it doesn’t guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies — as Jeff Bezos said, “Your margin is my opportunity”.