
Nvidia’s latest ‘circular’ deal is more complex than ever, Amazon faces an FTC state lawsuit, and changes at the top for Apple.
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Nvidia’s latest ‘circular’ deal is more complex than ever, Amazon faces an FTC state lawsuit, and changes at the top for Apple.

Despite the lower revenue outlook, GameStop expects operating income of $150m to $170m, up from $66.4m in Q2 2025.

Preliminary numbers show shrinking revenue alongside surging net income.
Consumer stocks were lower late Monday afternoon, with the State Street Consumer Staples Select Sect

GameStop stock (GME) is getting a lift in Monday trading after releasing preliminary second quarter earnings, exceeding profit estimates thanks in part to the gaming retailer's stake in eBay (EBAY). Yahoo Finance Senior Business Reporter Ines Ferré breaks it all down.

GameStop shares rally as eBay investment drives Q2 net income higher. Here’s why GME shares still aren’t worth buying today.

As of Aug. 1, the game retailer held 43.4 million shares of eBay, with a market value of $4.9 billion.
Consumer stocks were lower Monday afternoon, with the State Street Consumer Staples Select Sector SP
Preliminary operating income of $150 million to $170 million against net sales down from $972.2 million
A gain tied to its eBay investment helped lift earnings even as quarterly sales continued to fall.

GameStop stock climbs 4% after a $358.4 million cash payment caps dilution. But $2.8 billion of debt still remains.

The video game retailer posted an estimated $290 million to $310 million in net income, boosted by gains on its eBay stake
GameStop said it expects a Q2 profit increase, helped by its stake in eBay.

GameStop just rewrote the terms of a billion-dollar note exchange overnight, and the stock is responding, but the earnings story behind the move is more complicated than the headline gain suggests.

The videogame retailer said it expects second-quarter profit to climb, boosted by investment gains from its stake in eBay, but said sales likely fell from a year earlier.

The videogame retailer said it anticipates net income of $290 million to $310 million for its 13 weeks ended Aug. 1, up from net income of $168.6 million in last year’s second quarter.

Shares were mixed in Europe and Asia and U.S. futures declined Monday on expectations that the U.S. Federal Reserve may raise interest rates soon. Oil prices surged more than 3% after U.S. forces struck Iranian rocket launchers on the Strait of Hormuz, marking their first military action in a month. U.S. benchmark crude oil was trading 3.8% higher at $86.58 per barrel.

GameStop stock continues to trade under pressure after a prolonged slide in returns, while some of the valuation checks on earnings and asset based multiples still do not paint a clear picture of either a bargain or an obvious overpricing. Over the past 5 years, GameStop shareholders have seen the stock decline about 65%, which keeps the market focus firmly on whether the current price reflects a structurally weaker business or an overly pessimistic view. The recent plan to issue US$1.4b of...

GameStop (GME) continues to draw attention from retail investors, with recent trading focused on how the stock’s current pricing lines up against its fundamentals such as revenue, profitability and perceived intrinsic value. Over the past few months, GameStop’s share price has been under pressure, with a 30 day share price return down 17.64% and a 90 day return down 13.83%, while the 1 year total shareholder return declined 18.98%. This suggests recent optimism has faded despite shorter term...

The Derek Jeter-founded Arena Club sees “a new era of collecting.” Some see another instance of gambling taking over an American tradition.

Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
Tenev called prediction markets Robinhood’s “fastest-growing business line of all time.”

While crude oil is up about 50% in 2026, gasoline and diesel have risen more sharply. And the refiners are along for the ride.
GameStop needs stronger growth, Capri must stabilize demand, and MicroVision needs major commercial contracts.
Stellantis, GameStop, and Enovix stocks fell to fresh 52-week lows on Tuesday amid company-specific negative catalysts and Wall Street price target cuts.
Guidance cuts, AI spending, leadership changes, EV competition and share dilution rattled investors.

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. […]

A retreat from the $56 billion acquisition could ease investor concerns over leverage and give Ryan Cohen more flexibility to improve GameStop’s long-term value.
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