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GameStop owns nearly 10% of eBay, SEC filing shows
Reuters18d agoneutral
GameStop owns nearly 10% of eBay, SEC filing shows

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) Following Uber Eats Deal Has The Bull Case Already Priced In
Simply Wall St.19d agoneutral
GameStop (GME) Following Uber Eats Deal Has The Bull Case Already Priced In

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 (GME) Joins Uber Eats For On Demand Delivery Nationwide
Simply Wall St.19d agoneutral
GameStop (GME) Joins Uber Eats For On Demand Delivery Nationwide

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...

Bloomberg19d agoneutral
GameStop CEO Ryan Cohen Is ‘Coming for eBay One Way or Another’

(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 expands on-demand delivery through Uber Eats partnership (GME)
InvestorsHub21d agobullish
GameStop expands on-demand delivery through Uber Eats partnership (GME)

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.

GameStop just cleared a hurdle nobody was watching
TheStreet27d agoneutral
GameStop just cleared a hurdle nobody was watching

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 ...

GameStop (GME) Keeps Chasing EBay As Ryan Cohen Drops Award And Targets Rise
Simply Wall St.32d agobearish
GameStop (GME) Keeps Chasing EBay As Ryan Cohen Drops Award And Targets Rise

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 (GME) Stock Looks Undervalued On Earnings But Mixed On Fair Value
Simply Wall St.32d agoneutral
GameStop (GME) Stock Looks Undervalued On Earnings But Mixed On Fair Value

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...

Bloomberg34d agoneutral
Musk Meme Traders Rush Back Into Tesla When the Stock Hits $420

(Bloomberg) -- Crossing $420 gets Tesla Inc. investors excited.Most Read from BloombergMeta Is Planning a Cloud Business to Sell AI Computing PowerSpaceX IPO Left Mirae With No Shares on MisunderstandingKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksTrump Reports at Least $1.4 Billion in 2025 Crypto EarningsAt least, that’s what data from Vanda Research show: The sum of five-day retail net buying picks up on aver

Investing.com35d agoneutral
Sony to end PlayStation disc production in January 2028

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.

Bloomberg35d agobullish
Global M&A Tops $2.5 Trillion After First-Half Deals Surge

(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

3 Profitable Stocks with Questionable Fundamentals
StockStory36d agoneutral
3 Profitable Stocks with Questionable Fundamentals

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”.