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MT Newswires1d agobearish

US Equity Indexes Fall Amid Hot Inflation Print, Deadlocked Iran Peace Efforts

US equity indexes dropped in Tuesday's midday trading as a hotter-than-anticipated inflation print a

EBAY GME ^DJI ^GSPC ^IXIC

MT Newswires1d agobearish

Exchange-Traded Funds, Equity Futures Fall Pre-Bell Tuesday Amid Consumer Inflation Report Release

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.5% and the actively tr

Associated Press1d agobearish

Online seller eBay rejects GameStop's $56 billion takeover offer

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.” Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon. The national gaming retailer said at the time that its approximately 1,600 U.S. stores could become drop-off and shipping locations.

AMZN EBAY GME

The Wall Street Journal1d agobearish

EBay Rejects $56 Billion Bid, GameStop Stock Drops

EBay’s board rejected GameStop’s unsolicited $56 billion takeover proposal. “We have concluded that your proposal is neither credible nor attractive,” eBay’s board wrote in a letter to GameStop CEO Ryan Cohen released today.

EBAY GME