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The Latest Breaking News from GameStop

Stocks Mixed, Jobless Claims On Deck, GameStop Plunges, Meta Slips, Canadian Wildfires Burn - 5 Things To Know

Stock futures mixed, Treasury yields rise amid rate bet reset; Weekly jobless claims data in focus as labor market defies gloom; GameStop shares plunge as CEO ousted following sales slump; Meta shares slip as EU cracks down on child protection rules and New York City braces for more Canadian wildfire…

The Street

Dow Jones Futures: Market Rally Turns Upside Down; Here's What To Do Now

Dow Jones futures: The market rally has routed out of the Nasdaq and into small- and mid-cap stocks. GameStop plunged late on news.

Investors Business Daily

GameStop Plunges As CEO Matt Furlong Fired Following Wider Q1 Loss; Ryan Cohen Takes Over

Billionaire investor Ryan Cohen will assume the role of GameStop CEO, the company said.

The Street

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Which Specialty Retailer Stock Is a Buy? GameStop (GME) vs. Torrid Holdings (CURV)

Despite economic challenges, the specialty retail industry’s growth prospects look bright due to rising consumer spending, higher disposable income, and the surge in digital commerce. Given the industry tailwinds, let’s compare GameStop (GME) and Torrid (CURV) to determine which is a better buy now. Read more to find out….

StockNews.com

Should You Spend $8,000 On C3.ai Stock? WallStreetBets Is Torn Up

The latest iteration of the "me vs. my parents" me came up about C3.ai on WallStreetBets.

The Street

Is Now the Time to Buy GameStop (GME)?

The most talked-about candidate of the 2021 meme-stock frenzy, GameStop (GME), turned profitable in the last reported quarter. Considering this could be a sign of a turnaround for the company, would it be wise to scoop up GME shares? Let’s look at some of its key financial metrics.

StockNews.com

Watch a death metal band start a circle pit outside a GameStop store while people queue for the new Zelda game

If you were queuing at midnight at a Game Stop in Texas to buy the new Zelda, you could have witnessed death metallers Severance entertaining a bunch of young gamers

Metal Hammer

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I went to a Tears of the Kingdom midnight launch and partied like it was 2006

How Tears the Kingdom channeled memories of Twilight Princess that reawakened my passion for Zelda

GamesRadar

GameStop Still Offers High Put Option Premiums, Ideal for Short-Put Income Plays

GameStop stock has been treading water since its surprise profits released in March. Nevertheless, its put option premiums have stayed high, ideal for investors who short them for income.

Barchart

US regional bank shares partially recover but fear of crash lingers

Stock market rises on bounceback despite investors still nursing steep losses

The Guardian - UK

Options Trading Hits 50-Year Mark; Can Industry Innovation Help More Investors Grow Their Wealth?

Options trading has exploded in the U.S. since it began in 1973. New trading products plus greater awareness and investor education suggest more growth ahead.

Investors Business Daily

GameStop employee who shared Tears of the Kingdom leak says he was fired "at Nintendo's request"

"They just requested for me to be terminated or their contract with GameStop was in 'jeopardy'"

GamesRadar

GameStop's High Option Premiums Are Popular with Income Investors

GameStop reported surprise profits and positive free cash flow in late March, pushing GME stock up over 40%. This has led to very high option premiums that are popular with income investors.

Barchart

Billionaire investor Charlie Munger says stock market ‘gambling’ is as addictive as ‘heroin’—but he sees no way to fix it

Berkshire Hathaway's Munger criticized investors who trade like they're "gambling" and said it causes harm like the Great Depression.

Fortune

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Daily Mirror

Street Fighter 6: where to buy and Mad Gear Box Collector's edition

Street Fighter 6 has finally been released and if you missed the pre-order stage, fear not, you can still pick up the game.

GamesRadar

The Legend of Zelda: Tears of the Kingdom Switch has finally been unveiled

The reveal comes after plenty of rumors

Investors Business Daily

Short Sellers Are Betting Serious Money 11 Stocks Will Crash Soon

Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.

Barchart

GameStop's Surprise Profits and Huge FCF Causes Unusual Options Activity

GameStop reported its first profit massive free cash flow in the past 2 years GME stock is up over 36% on May 22. This has led to huge unusual put option trades for near-term expiration.

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news in one place.

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Zenger

GameStop Expert Says ‘Apes’ Learned ‘So Much’ About Market, Are Helping Push For SEC Changes

The rise of shares of GameStop Corporation was one of the biggest storylines and controversial of the financial markets in 2021

The Street

Let's Pump the Brakes On GameStop's Profitable Quarter

At the risk of angering the meme stocks/Reddit crowd, the company's trajectory still looks a lot more like Sears than it does like Best Buy's.

The Street

GameStop Stock Slams Into Resistance. Can It Overcome?

GameStop stock jumped 50% after a better-than-expected earnings report, but can the good times play on? Let's look at the key technical levels.

Barchart

Don’t Let GameStop’s Unusual Options Activity Cloud Your Judgement

GameStop announced a small profit on Tuesday after the close. Wednesday’s stock and options volume went through the roof. GameStop has a long way to go before it’s worth owning for the long haul. Don’t let yesterday’s activity cloud your judgment.

Kiplinger

Stock Market Today: Stocks Sink After Latest Fed Rate Hike

The major indexes sold off sharply Wednesday even amid signs the Fed's rate-hike campaign could be nearing an end.

The Street

Memestock Traders React to GameStop's Unexpected Comeback

Talk about a stock-shocker.

Investors Business Daily

Stock Market Sinks After Fed's Move And Powell's Comments; GameStop Pops

The stock market turned red following the Federal Reserve's policy announcement Wednesday afternoon.

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