GameStop Stock News

Shares of Opendoor Technologies Inc (NASDAQ: OPEN) soared more than 85% on Monday as a wave of retail investor enthusiasm sent the stock to its highest level in over a year, reviving memories of the GameStop Corp (NYSE:GME) trading mania of 2021. The online real estate platform's stock has jumped 188% over the past week, rising from just above $0.50 in late June to $4.22 at midday Monday.

Opendoor Technologies Inc.'s recent rally is driven by meme stock dynamics and short interest, not just fundamentals, making the surge speculative. Bullish case: Opendoor is now a near-monopoly in iBuying, with strong cash reserves, cost cuts, and potential upside if the housing market rebounds. Bearish case: The company remains unprofitable, faces high debt, dilution risk, and operates in a fr...

GameStop's Ryan Cohen discusses turning the Nintendo Switch 2 'Staplegate' into a charitable win, the company's financial turnaround, and his views on Bitcoin.

Overall, executives and directors are down on 10 S&P 500 sectors — and positive about just this one.

Also: Why Tim Cook should keep running Apple, three critical questions for investors from Barry Ritholtz and how to use ChatGPT when researching investments

Gamestop has transformed from a meme stock to a fundamentally stronger company with a refreshed balance sheet and reduced bankruptcy risk. The aggressive pivot into the trading card market, including PSA partnerships and card grading, is a high-margin, high-growth opportunity being overlooked by the market. Valuation based solely on collectibles suggests meaningful upside, with the segment trad...

Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.

By many standards, today's NASDAQ 100 and S&P 500 look a lot like they did during the 2000 internet bubble, when the narrative that stocks involved with new technologies could only go up, sending a clear message that complacency (along with valuations) was sitting at an all-time high. As many know, the 2000 internet bubble didn't end well, wiping out many businesses, and those that survived str...