U.S. equities opened August with a broad-based relief rally Monday as crude oil tumbled and Treasury yields retreated from 18-month highs, after President Donald Trump called off a planned military strike on Iran over the weekend and said negotiations would resume.West Texas Intermediate crude sank…
GameStop Corp. (NYSE:GME) is billing its $1.4 billion convertible note exchange as a cash-free way to shrink its balance sheet. But buried in the fine print of Monday’s press release is a detail that matters more to traders watching the tape than to anyone reading the debt-reduction headline.GameSt…
Shares of videogame retailer GameStop (GME) fell sharply on Monday after the company said it has agreed to exchange about $1.4 billion of its outstanding convertible senior notes for shares of its Class A common stock in a private transaction. This move will significantly reduce its long-term debt…
GameStop announced privately negotiated exchange agreements to swap approximately $400 million of its 0.00% Convertible Senior Notes due 2030 and $1.0 billion of its 0.00% Convertible Senior Notes due 2032 for shares of common stock. The company will not receive cash; exchanged notes will be cancel…
GameStop Corp. (NYSE:GME) says physical disc sales are now a minor revenue stream as it pivots toward gaming collectibles and seeks an eBay acquisition, while partnering with Uber Eats to expand U.S. on‑demand delivery of games, consoles, accessories and collectibles.Previous Week Recap…
GameStop has converted its large bet on eBay into actual ownership of the shares and now directly owns 9.8% of eBay, giving the company real voting power on eBay.According to a filing with the U.S. Securities and Exchange Commission, GameStop now owns 43.39 million shares of eBay. This stake is wor…
Uber Technologies, Inc. NYSE:UBER and GameStop NYSE:GME today announced a new partnership that brings one of the largest gaming retailers to the Uber Eats marketplace.Customers can now order video games, gaming consoles, accessories, collectibles, and more from GameStop locations nationwide on Uber…
GameStop Corp. (GME) shares edged 0.5% higher in after-hours trading on Tuesday. The company announced that shareholders approved all proposals presented at its 2026 Annual Meeting, including an amendment to increase the number of authorised Class A common shares.Earlier, the GME stock had closed t…
By Weston BlasiWhile some collectors may plan to hoard their physical media, one Columbus gamer decided to liquidate his collectionVideogames are seen on display at a GameStop store in Texas.Just days after Sony announced it would be killing off its physical videogame discs by 2028 in favor of digi…
