Gamestop Shares Plunge
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GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.The Wall Street Journal - World -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Video games store operator announces preliminary results showing expectations of further drop in net salesFinancial Times - Business -
Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation-weary consumers pull back on new clothes and shoes.CNBC - Business -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Heard on the Street: GameStop's Game Woes Grow
GameStop’s actual business may matter little to the meme stock investors who jumped back into the shares this week. But that business is bleak—and getting bleaker still.The Wall Street Journal - World -
New GameStop saga reveals true fools in markets
Return of the Roaring Kitty to the internet sparks a revival of meme-stock madnessFinancial Times - Business -
These behavioral trends drove the GameStop and AMC meme-stock rally
The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.MarketWatch - Business -
Riding the Roaring Kitty roller coaster: Why GameStop and AMC meme madness is an ‘outlier event’
“It felt as though the market briefly took a trip back to 2021 this week” — but the spike in GameStop and AMC shares will not be a long-lasting or market-moving event, according to experts.MarketWatch - Business -
The Score: GameStop, Walmart, Reddit and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news.The Wall Street Journal - World -
Divesting shares: does it work?
Offloading shares for moral reasons needs to be part of an overarching strategyFinancial Times - World -
Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and more
These are some of the stocks posting the largest moves in premarket trading.CNBC - Business - Stock Market -
Citron Research’s Andrew Left says he is shorting GameStop again after his 2021 short flopped
The short seller said he has started betting against GameStop this week after its share price surged on excitement over social media posts by Roaring KittyMarketWatch - Business -
Will I forfeit my 401(k) if I leave my job in fewer than five years?
Workplace retirement plans may have a vesting schedule. Here’s how it works.MarketWatch - Business -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
Hunter, Ewers, Edwards share video game cover
Colorado two-way star Travis Hunter, Texas quarterback Quinn Ewers and Michigan running back Donovan Edwards are sharing the cover of EA Sports College Football 25, set to be released July 19.ESPN - Sports -
Reddit shares climb on ChatGPT deal with OpenAI
Shares of Reddit Inc. rose about 12% in extended trading Thursday after the social-media platform announced a partnership with OpenAI.MarketWatch - Business -
Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
Elected officials share personal mental health struggles
Sen. John Fetterman of Pennsylvania and Harris County Texas Judge Lina Hildago are some of the most outspoken elected officials telling Americans it's okay to not be okay. Both officials have taken leaves of absence for their mental health ...CBS News - Top stories -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
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Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
U.S. medics trapped in Gaza share emotional testimonies
A U.S.-built pier is now ready to receive aid for civilians in Gaza. Meanwhile, at least 20 American medical workers are trapped in Gaza after Israel closed the Rafah border crossing. CBS News' Imtiaz Tyab spoke with two of them.CBS News - Top stories -
The public does not share government hostility to international students
These individuals enhance and enrich the economy and the British university experienceFinancial Times - World -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World -
How Zola's Shan-Lyn Ma and Rachel Jarrett Navigate Sharing Leadership
The co-CEOs share the secrets to making their partnership work.Inc. - Business -
BT’s CEO says she ‘loves to squeeze’ short sellers as shares jump
UK’s biggest telecoms group rises 17% as Allison Kirkby announces strategy and raises dividendFinancial Times - Business -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Biogen and Ionis Pharma shares slide as they end development of ALS treatment
The move comes after early-stage trial failed to result in a clear signal it slowed the disease process.MarketWatch - Business -
OpenAI president shares first image generated by GPT-4o
The image shared by Greg Brockman from GPT-4o improves significantly over DALL-E 3 on quality, photorealism, and accuracy of text generation.VentureBeat - Tech -
Intel’s Thunderbolt Share unlocks ultra-fast PC-to-PC experiences
Intel is unlocking ultra-fast PC-to-PC experiences in a secure way using Thunderbolt Share.VentureBeat - Tech