You Searched For "GameStop earnings" and got 20 results
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2 mins read
GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile
GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rat…
Matthew Fox
2 mins read
GameStop stock tanks 24% as weak earnings trump Roaring Kitty's planned livestream
GameStop reversed its nearly 40% rise in premarket trading on Friday as earnings disappointment off…
Theron Mohamed
1 min read
Roaring Kitty becomes the 4th largest GameStop shareholder after nearly doubling his position to 9 million shares
With Gill owning nine million shares, he stands to earn or lose $90,000 for every penny move in Gam…
Matthew Fox
2 mins read
GameStop could make more money than it has in recent quarters by just sitting on its $4 billion cash pile
GameStop's $4 billion cash pile could generate upwards of $200 million in annual interest based on …
Matthew Fox
5 mins read
Intel is having a meme-stock moment. 4 retail investors explain why they're betting on the chipmaker.
Members of Reddit's WallStreetBets are exchanging Intel memes and say they've taken stakes in the c…
Theron Mohamed
2 mins read
Investors are placing bets that GameStop will soar 28% by next week as appetite for meme stocks perks up again
Trading activity in GameStop's $20 call options has been driven by small block trades, suggesting t…
Matthew Fox
2 mins read
RFK Jr. joins the meme-stock crowd — and plows $24,000 into GameStop in a show of support
Presidential candidate Robert F. Kennedy Jr. endorsed retail investors' calls for Wall Street refor…
Theron Mohamed
2 mins read
Vanishing short-sellers have helped push stocks to record highs. But beware a sharp negative reversal, JPMorgan says.
Short sellers have been withdrawing, with bets against major indexes falling to record lows, JPMorg…
Filip De Mott
2 mins read
Stock market today: US stocks end the week higher after cool inflation, Apple AI hype
The Nasdaq 100 closed at a record high every day this week amid continued investor excitement towar…
Matthew Fox
2 mins read
Roaring Kitty rambled about memes, guzzled a beer, and revealed his E-Trade account in a long-awaited livestream. It couldn't reverse a 41% decline in the stock.
Gill streamed his first update in over three years to nearly 650,00 viewers on Friday. He talked me…
Matthew Fox
2 mins read
Stock market today: US indexes drop after big May jobs report resets rate-cut outlooks
US stocks finished the week more than 1% higher despite Friday's slight decline following a mixed M…
Matthew Fox
1 min read
Stock market today: US stocks drop, bond yields jump after strong jobs report
"Even though the unemployment rate rose, the big picture is that it's hard to see the consumer as b…
Matthew Fox
2 mins read
JPMorgan's bearish quant guru says the meme-stock resurgence is a bad sign for markets
"It is possible, but historically and statistically unlikely, that this time is different," JPMorga…
Matthew Fox
2 mins read
Stock market today: Dow closes above 40,000 for the first time as latest inflation data fuels big weekly gains
The Dow clinched a record it had been flirting with for days, topping 40,000 for the first time as …
Matthew Fox
2 mins read
Stock market today: Dow crosses 40,000 for the first time as stocks extend record-setting run
The Dow crossed a big milestone on Thursday, with the S&P 500 extending gains after its record clos…
Max Adams
1 min read
GameStop jumps 10% despite 3rd-quarter earnings miss as CEO says the meme-stock favorite will consider acquisitions
CEO Matt Furlong said GameStop is eyeing potential acquisitions in a mission to "accomplish somethi…
Morgan Chittum
2 mins read
GameStop plunges 22% after company fires its CEO and names meme-stock activist Ryan Cohen as executive chairman
"We remain convinced that GameStop is doomed," Wedbush said, arguing that its abrupt firing of its …
Matthew Fox
2 mins read
GameStop reverses losses and trades 6% higher after earnings reveal surprise loss in the holiday season
GameStop stock is down 83% from its record high of $483 per share seen during the January 2021 shor…
Matthew Fox
2 mins read
GameStop slides 10% as the video game retailer reports a 2nd-quarter loss and offers little guidance for investors
"In terms of our outlook, we are not providing formal guidance at this time," said GameStop after r…
Carla Mozée
1 min read
GameStop shares slump after retailer discloses SEC subpoena and misses earnings estimates
GameStop said in a filing that it's working on producing the documents requested in the SEC's subpo…