GameStop

GameStop shareholders approved a change allowing the company to issue more stock, which could facilitate a new attempt to acquire eBay.

Sony announced that new PlayStation games will be available only as digital downloads starting in 2028, marking a shift away from physical discs. The transition reflects broader industry trends toward digital entertainment, with 80% of PlayStation game purchases already being digital in recent years. The article discusses the decline of physical media and its implications for ownership, reselling, and corporate control.

A gamer in Columbus sold $1,000 worth of physical game discs at GameStop shortly after Sony announced the end of the disc era. The decision contrasts with collectors who plan to preserve their physical media.

GameStop is continuing to pursue its rejected $56 billion takeover bid for eBay. The company projects adjusted EBITDA of over $600 million this year, compared to $345 million in fiscal 2025.

Ryan Cohen's $56 billion offer for eBay was rejected in May, and he has not disclosed details on how to proceed. The article notes his effort to acquire eBay amid a $35 billion pay package sacrifice mentioned in the title.

Retail investors are positioning Wendy's shares as a potential meme stock following the GameStop phenomenon. The fast-food chain is being targeted by traders seeking the next viral investment opportunity.

GameStop's Ryan Cohen has abandoned a $35 billion pay plan to focus on an eBay acquisition bid. The company will release a detailed presentation outlining the strategic rationale and operational plan for a combined company this week.

GameStop renewed its Bitcoin options deal with Coinbase in late May, keeping nearly all its Bitcoin tied up for upfront cash. The move did little to impact the company's record quarter.

Asian shares declined following a halt in the S&P 500's nine-day winning streak, while oil prices dropped amid renewed fighting threatening a U.S.-Iran ceasefire. Key indices like Japan's Nikkei and South Korea's Kospi fell significantly, and U.S. stocks including the Dow and Nasdaq also declined. Rising bond yields and economic pressures from higher inflation further impacted markets.

Oil prices rose toward $100 due to renewed U.S.-Iran tensions, while U.S. stocks retreated from record highs. The S&P 500, Dow Jones, and Nasdaq all declined, with Brent crude oil climbing 2.1% to $97.98. Some stocks like Medtronic and GameStop rose on strong earnings, while others like Palo Alto Networks fell despite beating expectations.

Oil prices rose toward $97 per barrel due to renewed U.S.-Iran tensions over the Strait of Hormuz, while U.S. stocks stalled near record highs. The S&P 500 slipped 0.3% from its peak, and companies like Medtronic, GameStop, and Macy’s saw mixed stock movements despite strong quarterly results.

Oil prices rose toward $100 per barrel amid renewed U.S.-Iran tensions, while U.S. stocks remained near record levels. The S&P 500, Dow Jones, and Nasdaq saw minor declines, but companies like Macy’s and GameStop reported strong quarterly results. Treasury yields increased, adding pressure to the stock market.

Early Wall Street trading showed mixed results with S&P 500 and Dow futures declining while Nasdaq futures rose. Oil prices increased amid U.S.-Iran tensions testing a ceasefire, and Japan’s Nikkei 225 hit a record high. Macy’s and GameStop stocks surged due to strong earnings and buyback announcements.

Early Wall Street trading was mixed as U.S.-Iran tensions pushed oil prices higher, while Japan's Nikkei 225 index reached a record 68,402.13. Macy's and GameStop saw significant stock gains due to strong earnings and buyback announcements. Oil prices rose 10% this week amid strained ceasefire efforts, with U.S. and Brent crude hitting $95.22 and $98.22 per barrel, respectively.

GameStop plans to repurchase $2 billion of its stock following a selloff linked to eBay. Collectibles contributed to a 14% sales increase in the first quarter.

GameStop reported its highest profit ever by selling action figures and cards. The company's stores, such as one in Queens, New York, are selling Nintendo Pokémon and other toys.

Andrew Left, a short seller and securities analyst, was convicted by a federal grand jury in California of securities fraud. He was accused of manipulating stock prices through Citron Research by publishing sensationalized commentary on companies like Tesla and GameStop to profit from retail investors. He faces up to 25 years in prison and plans to contest the conviction.

Sony is offering up to 30% off DualSense controllers through June 10th as part of its Days of Play sale, with the standard model priced at $54.99 and the DualSense Edge at $169. The sale is available at retailers like Amazon, Best Buy, and Walmart.

GameStop is seeking to increase its authorized share count by 1.5 billion shares to enhance financial flexibility amid its continued pursuit of eBay despite previous rejection. The move demonstrates the gaming retailer's strategic efforts to strengthen its capital position.

GameStop's Board of Directors is requesting that shareholders approve an increase to the company's authorized share count. This move would provide the company with additional flexibility for future capital raising and strategic initiatives.

GameStop has increased its stake in eBay after its $56 billion buyout bid was rejected. GameStop continues to show interest in the online auction platform. The videogame retailer's move indicates ongoing efforts to expand its presence.

Nintendo's Switch 2 bundle is available now for $499.99 and includes a game choice of Donkey Kong Bananza, Pokémon Pokopia, or Mario Kart World. The bundle offers a discount of up to $30 on the game.

Philips Hue smart lights and other tech products are on sale at Woot with discounts of over 20 percent, including a two-pack of wall washers for $240 and the Philips Hue Bridge Gen 2 for $25.60. The sale also includes refurbished Amazon Kindle Scribe models starting at $159.

GameStop's bid of $56 billion to acquire eBay was rejected due to concerns over funding. The bid rejection has significant implications for both companies. GameStop's future plans are uncertain following this setback.

EBay rejected GameStop's $56-billion takeover offer, calling it 'neither credible nor attractive'. The bid was not considered viable by EBay. GameStop's attempt to acquire EBay has been unsuccessful.

eBay has rejected a $56bn bid from GameStop, deeming it neither credible nor attractive. GameStop's CEO Cohen has hinted at taking the offer directly to eBay shareholders. Cohen has built a 5 percent position in eBay.

eBay's board of directors rejected GameStop's $55.5 billion offer to buy the company, citing numerous problems with the proposal. The rejection was based on factors such as eBay's standalone prospects and the uncertainty regarding GameStop's financing proposal. GameStop's bid was deemed neither credible nor attractive.

eBay rejects GameStop's $56 billion takeover bid as not credible. The offer was deemed not credible by eBay. GameStop had attempted to acquire eBay in a massive deal.

eBay has rejected GameStop's takeover attempt and permanently banned Ryan Cohen's account, which included GameStock merchandise listed for up to $14,000. The ban is permanent and includes all items listed under Cohen's account. This move indicates a significant development in the relationship between eBay and GameStop.

eBay rejected GameStop's $55.5 billion acquisition offer, deeming it insufficient. The offer was unsolicited and eBay does not find it credible or attractive. This decision reflects eBay's stance on the proposed acquisition.

eBay has rejected a $55.5 billion offer from GameStop, citing doubts about the video game retailer's ability to finance the deal. The online auction giant's decision comes after considering the proposal. The rejection indicates eBay's uncertainty about GameStop's financial capabilities.

eBay has rejected a $55.5 billion offer from GameStop, citing doubts over financing. The online auction giant questioned GameStop's ability to finance its proposal. This decision comes as a significant development in the potential acquisition.

EBay has rejected a $56 billion bid from GameStop, shifting focus back to bitcoin exposure. The bid rejection has significant implications for both companies. EBay's decision may impact its financial standings and market position.

eBay's board has rejected GameStop's $55.5bn bid, describing it as not credible or attractive. The bid was made earlier this month and consisted of a half-cash, half-stock proposal. GameStop is a US video games retailer.

eBay's board has rejected GameStop's $55.5bn bid, deeming it 'neither credible nor attractive'. The bid was made earlier this month and consisted of a half-cash, half-stock proposal. GameStop is a US video games retailer.

eBay has rejected a $55.5 billion takeover bid from GameStop. GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a national network. The rejection indicates that eBay is not interested in the proposed acquisition.

EBay rejected GameStop's $56 billion takeover bid, citing lack of credibility and attractiveness. The deal was questioned by analysts due to financing and strategic concerns. GameStop's proposal lacked clear rationale and funding details.

eBay rejects GameStop's offer, deeming it not credible or attractive, which may lead to a hostile takeover attempt by GameStop. The move indicates a significant development in the relationship between the two companies. eBay's decision suggests a strong stance against the proposed offer.

eBay rejected GameStop's $56 buyout offer, calling it not credible or attractive, and expressed confidence in its standalone prospects. The decision marks a new development in the saga involving Ryan Cohen. eBay's stance suggests it values its independence.

eBay rejected GameStop's $56 billion acquisition bid due to concerns around operational risks and financing. The rejection was stated in a letter to GameStop CEO Ryan Cohen. eBay's board of directors deemed the proposal neither credible nor attractive.