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GameStop offers to buy eBay for about $56 billion
Reuters Videos152d agobullishVIDEO
GameStop offers to buy eBay for about $56 billion

<body><p>STORY: :: eBay</p><p>GameStop wants to buy eBay.&nbsp;</p><p>The retailer said Sunday that it has offered to buy all common shares of the online marketplace for about $56 billion.</p><p>Chief Executive Ryan Cohen said the offer price is $125 a share in a 50-50 mix of cash and stock.</p><p>The bid represents a premium of about 20% based on eBay's Friday close.</p><p>In an interview with the Wall Street Journal, Cohen said that the move would create huge opportunities to improve earnings and cut costs.</p><p>:: eBay</p><p>He added that the combination "could be a legit competitor to Amazon."</p><p>If eBay is not receptive, Cohen said he was prepared to run a proxy fight and take the offer directly to shareholders.</p><p>He added that he has secured a commitment letter from TD Bank for about $20 billion in debt financing.</p><p>:: eBay</p><p>Neither the lender nor eBay would immediately respond to Reuters requests for a comment.</p><p>The proposal comes as GameStop grapples with disruptions from a shift toward online shopping and digital purchases</p><p>According to Reuters calculations, the company has a market value of almost $12 billion, compared to $46 billion for eBay.&nbsp;</p><p>That means the potential deal would upend the usual merger and acquisition playbook, as it's rare for a public company to target one nearly four times its size.</p></body>

GameStop makes $56 billion takeover bid for eBay
AFP152d agoneutral
GameStop makes $56 billion takeover bid for eBay

US video game retailer GameStop made a takeover bid on Sunday to buy eBay for about $55.5 billion in an attempt to turn the online marketplace into a competitor to e-commerce giant Amazon.“It could be a legit competitor to Amazon."

GameStop offers to buy eBay for about $56 billion
Reuters152d agoneutral
GameStop offers to buy eBay for about $56 billion

GameStop said on Sunday that it has proposed to buy all common shares of eBay Inc for about $56 billion. CEO Ryan Cohen, GameStop's largest investor, said the offer price ‌is $125 a share in a 50-50 mix of cash and stock. Based on eBay's Friday close, ‌the bid represents a premium of about 20%.

Is Amazon.com, Inc. (AMZN) A Good Stock To Buy Now?
Insider Monkey152d agobullish
Is Amazon.com, Inc. (AMZN) A Good Stock To Buy Now?

Is AMZN a good stock to buy? We came across a bullish thesis on Amazon.com, Inc. on Level-Headed Investing’s Substack by Bernardo. In this article, we will summarize the bulls’ thesis on AMZN. Amazon.com, Inc.’s share was trading at $249.91 as of April 21st. AMZN’s trailing and forward P/E were 34.85 and 30.77 respectively according to Yahoo […]

Jim Cramer on Amazon: “I Think This One’s Just Consolidating”
Insider Monkey152d agoneutral
Jim Cramer on Amazon: “I Think This One’s Just Consolidating”

Amazon.com, Inc. (NASDAQ:AMZN) was among the stocks Jim Cramer highlighted, as he discussed the massive AI infrastructure buildout. Cramer believes the company’s recent quarter was “very solid,” as he said: Now, next up, Amazon. Very good numbers, even if the stock didn’t get any love. The stock was volatile in after hours trading and ultimately […]

Jim Cramer Says Stocks Like Seagate  “Are Really Overextended” For Him
Insider Monkey152d agoneutral
Jim Cramer Says Stocks Like Seagate “Are Really Overextended” For Him

Seagate Technology Holdings plc (NASDAQ:STX) was among the stocks Jim Cramer highlighted, as he discussed the massive AI infrastructure buildout. Cramer was slightly bearish on the stock during the episode, as he commented: Seagate, which had just reported a terrific quarter, but with Western Digital, Sandisk, those stocks though, are really overextended for me. They’re […]

Data Center Expert Warns Gigawatt-Scale AI Buildouts Could Trigger Rolling Blackouts
24/7 Wall St.152d agoneutral
Data Center Expert Warns Gigawatt-Scale AI Buildouts Could Trigger Rolling Blackouts

On a recent Prof G Markets segment, data center veteran John Perella described a near-miss in Virginia that should focus every infrastructure investor’s attention. “9 data centers went offline or they went to backup power. And when the grid came back up, the grid was expecting the data centers to be there and they weren’t.” ... Data Center Expert Warns Gigawatt-Scale AI Buildouts Could Trigger Rolling Blackouts

Amazon Lawsuit Puts Marketplace Safety And Long Term Costs In Focus
Simply Wall St.153d agobearish
Amazon Lawsuit Puts Marketplace Safety And Long Term Costs In Focus

Amazon.com (NasdaqGS:AMZN) is facing a new lawsuit in Washington over alleged failure to address safety concerns tied to a defective camp stove sold on its marketplace. The case follows a catastrophic injury involving a product labeled as a #1 Best Seller, challenging how Amazon manages consumer warnings for third party goods. The lawsuit focuses on Amazon’s product safety oversight, platform accountability, and duty of care to customers. For investors tracking Amazon.com at a share price...

Big Tech Earnings Show Split Between AI Trade Winners and Losers
Bloomberg153d agoneutral
Big Tech Earnings Show Split Between AI Trade Winners and Losers

(Bloomberg) -- The world’s biggest technology companies posted strong earnings last week, showing that the artificial intelligence boom is alive and well. But in the stock market, investors are getting more granular as they try to divvy up the winners and losers in the AI trade.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersPhilippines Says Tho

Why Growth Investors Are Ditching FELG for the NASDAQ-100’s 9.74% Edge
24/7 Wall St.153d agoneutral
Why Growth Investors Are Ditching FELG for the NASDAQ-100’s 9.74% Edge

Growth investors picking a large-cap vehicle in 2026 face a real choice: pay nothing for a passive index, or pay a few basis points for an active manager who claims to add value. The Fidelity Enhanced Large Cap Growth ETF (NYSEARCA:FELG) sits squarely in that second camp, charging 0.18% for an actively managed take on ... Why Growth Investors Are Ditching FELG for the NASDAQ-100’s 9.74% Edge

JPMorgan resets Amazon stock price target after earnings
TheStreet153d agoneutral
JPMorgan resets Amazon stock price target after earnings

Amazon just posted what may be its best quarter ever. Revenue beat. Earnings nearly doubled the estimate. AWS hit its fastest growth rate in 15 quarters. And operating margins reached a level the company had never seen before. Wall Street responded quickly. Five major firms raised their Amazon ...

Investing.com153d agoneutral
AI could take capex to $1Tn in CY27

Investing.com -- A new industry report from BofA Global Research suggests that aggressive investments in artificial intelligence (AI) could drive global hyperscale capital expenditure (capex) to $1 trillion by calendar year 2027.