GameStop (GME) stock is falling on Thursday after the company fired its CEO alongside the release of its Q1 earnings report!
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sud...
GameStop first disclosed that it was talking with third parties about a possible acquisition in June of last year. The stock has been hammered over the past few years, and is down around 75% from its multiyear high in late 2015. The company's core business of selling video game discs at...
" resurfaced on X (formerly Twitter) after a three-year hiatus, posting asketchSunday night of a man leaning forward in a chair. Gill became the face of meme stock traders after he bought GameStop shares for $53,000 in 2019 and reportedly turned it into a multi-million...
deathbed for years. GameStop locations have been struggling and even shutting down in the Hudson Valley in recent years. Poughkeepsie lost the GameStop n Plaza 44 not too long ago. I was also disappointed during my trip to the Danbury Fair to see that the location there had closed as well...
s ultra-efficient techno-totalitarianism. And today, this rivalry is primarily the domain of Big Tech companies working on algorithmization and of institutes developing breakthrough innovations – that is, ones that will change the geopolitical rules of the game and give winners a long-term ...
How one man is bucking the trend - 2020 may have been a bumper year for video game sales, but it's impacted other businesses in a very negative way. Cinemas ...
I’m not going to stop writing, but I am going to stop writing here. Part of this is because, like all the other people you hate, I’ve been poked and cajoled into starting a Substack. Part of this is because I discovered that WordPress has started adding reams of ads at the ends...
Years ago, I gave a speech in Texas for Rick Goodwin, a financial advisor. It was an election year, so he kicked off the meeting by discussing politics.
There is so much excess cash chasing assets and so much asset price inflation out there now that it may take years to remove their stimulative effects – unless there’s a massive all-encompassing crash, in which case the Fed would start all over again. So what exactly is going to st...