GameStop
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GameStop (GME) approves $2 billion share buyback program through 2029
GameStop's board of directors has unanimously approved a discretionary share repurchase program. The company plans to buy back up to $2 billion in stock through 2029.
Business and Finance
GameStop has announced its financial results for the first quarter of fiscal year 2026. The company disclosed its performance metrics and business updates for the period.
GameStop Just Posted Its Highest Profit In History, Going Back Decades
Video game retailer GameStop has reported its highest-ever quarterly profit of $389.6 million for its fiscal Q1, a significant increase from $44.8 million in the same period last year. Revenue also rose to $835.3 million, while the company continued to cut costs. CEO Ryan Cohen is reportedly exploring a hostile takeover of eBay, having secured $20 billion in financing.
Halo 3 “1v1 Me Bro” Tournament Announced, Top Prize Is A Legendary Console
GameStop is hosting a "1v1 Me Bro" Halo 3 tournament at its Euless, Texas location on June 6. Participants can challenge Michael "Flamesword" Chaves for a chance to win a rare Xbox 360 Halo 3 edition console. The event is first-come, first-served, and participants must be 18 or older.
AI Yi-Yi!
Anthropic is reportedly filing for an IPO ahead of OpenAI, signaling a race to go public in the artificial intelligence sector. Meanwhile, OpenAI is facing a lawsuit from Florida's Attorney General, who describes the company as a menace. GameStop is also mentioned as another company planning an IPO.
Nintendo pre-order updates – May 31, 2026 – Dragon Quest 11 S for Switch 2, Ratatan, more
Nintendo has provided updates on pre-order availability for various games and amiibo across North America, Canada, and the UK for May 2026. Titles like Dragon Quest 11 S for Switch 2, Ratatan, and Final Fantasy 7 Rebirth are listed with their respective release dates and retailers. The article also includes updates on books and other merchandise related to Nintendo properties.
Wolverine PS5 Pre-Orders Expected to Open Next Week, After State of Play
Pre-orders for Marvel's Wolverine on PlayStation 5 are expected to begin next week, following an appearance at the upcoming State of Play event on June 2nd. Retailer promotions for the highly anticipated Insomniac Games title have already started appearing. The State of Play broadcast will feature significant gameplay footage and is likely to reveal details about Collector's Editions.
The Paradox of Too Many Games: Why Finding Your Next Favorite Is Harder Than Ever - Walkthrough, Tips, Review
The abundance of games available on PC, particularly on platforms like Steam, has created a 'discovery problem' where players struggle to find new titles due to decision paralysis. Current storefront algorithms and discovery tools are insufficient for navigating massive catalogs, leading to a reliance on manual curation and community recommendations. Furthermore, the issue of game preservation is highlighted, with a significant percentage of older games becoming inaccessible through legitimate channels, further complicating discovery for players seeking unique experiences.
GameStop (GME) board of directors asks shareholders to vote in favor of up to 400% share dilution
GameStop's board of directors is requesting shareholders to vote in favor of a significant increase in the company's shares, potentially up to a 400% dilution. This proposal aims to allow for greater flexibility in future corporate actions.
Daily Video Game Deals May 22 – Unknown 9: Awakening, Shin Megami Tensei V: Vengeance, Monster Hunter Stories 3: Twisted Reflection, No Sleep For Kaname Date – From AI: THE SOMNIUM FILES & More
Daily video game deals for May 22nd include discounts on Unknown 9: Awakening, Shin Megami Tensei V: Vengeance, Monster Hunter Stories 3: Twisted Reflection, and No Sleep For Kaname Date – From AI: THE SOMNIUM FILES. These deals are available across PlayStation 5, PlayStation 4, Xbox Series X/S, Xbox One, Nintendo Switch, and PC platforms, with specific offers from retailers like Amazon and GameStop. Additionally, Tomb Raider I-III Remastered and Down in Bermuda are free via the Epic Games Store, and a Warhammer Skulls 2026 Game Bundle is available through Humble Bundle.
GameStop (GME) increases eBay stake to 6.5% despite rejected acquisition proposal
Video game retailer GameStop has increased its stake in eBay to 6.5%. This move comes despite a previously rejected acquisition proposal between the two companies.
Resident Evil Requiem amiibo are selling out fast, but I've gathered the best places to try and catch Leon and…
The Resident Evil Requiem amiibo figures for Leon S Kennedy and Grace Ashcroft, priced at $29.99, have sold out quickly at US retailer GameStop. These figures, set to release on June 30, 2026, unlock exclusive weapon skins in-game and are also available for import from Amazon Japan.
Preorders For Nintendo's New 'Choose Your Game Bundle' Are Now Open
Nintendo has opened preorders for a new $500 Nintendo Switch 2 bundle that includes the console and a digital code for one of three games: Mario Kart World, Donkey Kong Bananza, or Pokemon Pokopia. The bundle, launching June 7, 2026, offers savings of at least $20-$30 compared to purchasing the console and game separately. Preorders are available at Best Buy, GameStop, and Nintendo.
Big Nintendo Switch 2 and Switch sale live with games as low as $15
GameStop is currently hosting a significant sale on Nintendo Switch games, with select titles priced at $15 and others at $35. Notable games included in the sale are Super Mario RPG, Mario & Luigi: Brothership, Crisis Core: Final Fantasy 7 Reunion, and Dragon Quest 1 & 2 HD-2D Remake. The sale is expected to last for about a week, though inventory may be depleted sooner.
Politicians accuse Rockstar of obstructing legal process, eBay rebuffs GameStop, and video game hardware screams now - Patch Notes #52
This week's Patch Notes covers several key industry events, including politicians accusing Rockstar Games of obstructing legal processes related to union-busting allegations for Grand Theft Auto 6. eBay rejected a takeover bid from GameStop, while Nintendo cited geopolitical and technological factors for its Switch 2 price increases. Additionally, Subnautica 2 achieved over a million sales in its first hour, and Valve's new Steam Controller features an audible alert when dropped.
'Your proposal is neither credible nor attractive:' eBay rejects GameStop takeover bid
eBay has rejected an unsolicited takeover proposal from GameStop, with the eBay board stating the offer was neither "credible nor attractive." GameStop CEO Ryan Cohen's proposal, valued at $55.5 billion, was met with skepticism regarding its financing. eBay's board cited concerns about financing uncertainty, impact on long-term growth, and operational risks as reasons for rejection.
eBay rejects acquisition proposal from GameStop (GME)
GameStop CEO Ryan Cohen's unsolicited proposal to acquire eBay was rejected by the company. The proposal was made by Cohen in his capacity as CEO of GameStop.
eBay has rejected GameStop’s takeover bid and says offer not “credible”
eBay has rejected GameStop's $56 billion takeover bid, stating the offer is neither credible nor attractive. eBay's chairman, Paul Pressler, expressed confidence in the company's current management and its ability to drive sustainable growth. Analysts have expressed skepticism about the feasibility of GameStop's bid for a company significantly larger than itself.
"Your Proposal Is Neither Credible Nor Attractive" - eBay Rejects GameStop's Takeover Bid
eBay has officially rejected GameStop's $55.5 billion takeover bid, with Chairman Paul S. Pressler stating the proposal was "neither credible nor attractive." The company cited concerns about financing, operational risks, and eBay's standalone prospects. GameStop CEO Ryan Cohen previously expressed a desire to make eBay a stronger competitor to Amazon.
'Your Proposal Is Neither Credible Nor Attractive': eBay Rejects GameStop's 'Unsolicited' Acquisition
GameStop's unsolicited acquisition proposal for eBay, valued at approximately $56 billion, has been firmly rejected by eBay's Board of Directors. Chairman Paul S. Pressler cited several reasons for the rejection, including the lack of credibility and attractiveness of the proposal, uncertainty regarding financing, and potential negative impacts on eBay's long-term growth and profitability. The market has also expressed skepticism about GameStop's financial capability to complete such a transaction.
