Gamestop has made an unsolicited $55.5 billion offer to acquire Ebay at $125 per share, backed by $20 billion in bank financing and a $519 million bitcoin treasury built during fiscal 2025. CEO Ryan Cohen sees Ebay as a strong competitor to Amazon and is ready to launch a proxy fight if Ebay's board rejects the offer. Gamestop's bitcoin holdings, acquired through 4,710 BTC purchases, play a key role in financing this large acquisition bid. The market reacted positively, with Gamestop and Ebay shares rising sharply after the news.
Dycom Industries reported a record first quarter with contract revenues up 56.1% to $1.965 billion and adjusted net income nearly doubling to $134.3 million. The company raised its full-year fiscal 2027 revenue outlook to $7.38-$7.65 billion, driven ...
BrewDog, part of Tilray Brands, is rolling out a major summer campaign across the UK tied to the global football tournament. The campaign features a "Win a Year of Beer" contest with special cans hidden in over 2.8 million packs at major retailers, p...
Atea Pharmaceuticals announced Phase 1 results indicating their Hepatitis C treatment regimen, combining bemnifosbuvir and ruzasvir, has a low risk of drug-drug interactions with common medications like omeprazole and rosuvastatin. This supports easi...
Girard Sharp LLP is investigating potential securities claims for former Discover investors who received Capital One shares after Capital One acquired Discover in May 2025. Since the merger, Capital One's stock price has declined, leading to possible...
Sunshine Silver, a mining and refining company based in Idaho, is preparing for a $2.32 billion initial public offering on the New York Stock Exchange. The company aims to raise up to $330 million by selling 20 million shares priced between $13.50 an...
