But does this really have legs? Or is it just a product of another instance of aThe Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room. Learn moreJames Foord is an economist by trade and has been analyzing global markets for the past decade. He leads t ...

Core Insights - GameStop faced a significant public relations crisis during the launch of the Nintendo Switch 2 due to a packaging error, referred to as "Staplegate," where receipts were accidentally stapled to console boxes, damaging them. CEO Ryan Cohen turned this crisis into an opportunity by auctioning off a damaged console for $250,000, with proceeds benefiting Children's Miracle Network Hospitals [2][3]. Company Transformation - Since Ryan Cohen joined GameStop in 2021, the company has shifted its focus from gaming hardware and software to trading cards and collectibles, which is seen as a more sustainable business model. This transformation has led to consistent profitability, with the company generating profits every quarter [4][5]. - Cohen highlighted the drastic changes in the company's financial health, moving from deep losses and debt to a more stable position, emphasizing the progress made in a short time [5]. Market Position and Strategy - GameStop has been a target for short sellers, particularly during the volatility of the COVID-19 pandemic and the industry's shift towards digital distribution. Cohen expressed disdain for short selling, viewing it as betting against business success [8][9]. - The company is also exploring potential investments in Bitcoin as a hedge against inflation and global money printing, indicating a willingness to adapt to changing market conditions [6].

The Roundhill Video Games ETF NERD launched in 2019 and is having a great year in 2025 thanks to the launch of the Switch 2 console from Nintendo Co NTDOY.Roundhill Investments CEO Dave Mazza shares thoughts on the Switch 2 launch, what sports games mean to Electronic Arts EA and why GameStop Corporation GME doesn't make the cut for inclusion in the ETF.Switch 2 Success: The Nintendo Switch 2 launched with a price of $449, $150 above the cost of the original 2017 model. Despite the higher price, the console ...

Perhaps there is no stock other than GameStop (NYSE: GME ) that is most well-known as a “meme stock.” Yet I’d argue that this latest bull market has created a new set of meme stocks, with GME somehow being left out. There’s some irony inJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented principles with strict valuation hurdles to add ...

GameStop (GME) closed at $23.68 in the latest trading session, marking a +1.98% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.32% for the day. Meanwhile, the Dow experienced a rise of 0.53%, and the technology-dominated Nasdaq saw an increase of 0.26%. Prior to today's trading, shares of the video game retailer had gained 1% lagged the Consumer Discretionary sector's gain of 5.77% and the S&P 500's gain of 4.51%.Analysts and investors alike will be keeping a close eye ...

GameStop has transformed a blunder into another viral moment https://t.co/FLOET9Fkdz ...

Video game retailer GameStop Corporation GME was involved in one of the most famous short squeezes of all time, but the short sellers betting against the stock aren't scaring away investor and CEO Ryan Cohen.What Happened: Cohen disclosed a 9% stake in GameStop in August 2020 and later increased his stake in the company to 13% later that year. The former Chewy founder became chairman of the company in June 2021 and was announced as CEO in September 2023.Cohen said he was fascinated by the amount of hatred t ...

Is GameStop trying to be the next Strategy? CEO Ryan Cohen gives a look into its Bitcoin treasury approach and talks crypto payments. https://t.co/cAFd0XQt1G ...

GameStop CEO Ryan Cohen Talks Bitcoin Strategy, Teases Potential Crypto Payments► https://t.co/Wp0qmKDlFQ https://t.co/Wp0qmKDlFQ ...

We're a much more profitable business, smaller business, less stores, very strong balance sheet. Um we are, you know, we've uh we've gotten our costs under control and uh we've changed the business from uh a reliance on hardware and software to a significant focus on trading cards and uh and collectibles generally. Um and where Yeah.And h how do you think about crypto in the middle of all that. Uh we made an investment of uh just over $500 million into into Bitcoin and I look at it as uh as a as a hedge aga ...