GameStop (NYSE:GME) is the O.G. of meme stocks, the company that sparked the retail trading frenzy in 2021 and turned it into a Wall Street punchline. But those glory days are ancient history. The once-dominant video game retailer just dropped its third-quarter earnings. While showing strong year-over-year profit growth, the core business is crumbling under the weight of digital downloads and subscription services. Its lone bright spot was once again collectibles, now 31% of revenue — up from 20% last year ...

游戏驿站(GME.US)盘初拉升，跌幅收窄至3%，报22.4美元。消息面上，游戏驿站公布第三季度业绩， 总营收为8.21亿美元，同比减少约4.5%，低于分析师预期的9.87亿美元；每股收益为0.13美元，亦低于 预期的0.18美元。期内硬件与配件收入同比下降12%至3.674亿美元，软件收入则同比下降27.3%至1.975 亿美元。(格隆汇) ...

智通财经APP获悉，周三，游戏驿站(GME.US)盘前跌超5%，报21.93美元。消息面上，该公司公布第三 季度业绩，总营收为8.21亿美元，同比减少约4.5%，低于分析师预期的9.87亿美元;每股收益为0.13美 元，亦低于预期的0.18美元。期内硬件与配件收入同比下降近12%至3.67亿美元，软件收入同比下降超 27%至1.98亿美元，收藏品收入则同比增长近50%至2.56亿美元。 ...

周三，游戏驿站(GME.US)盘前跌超5%，报21.93美元。消息面上，该公司公布第三季度业绩，总营收为 8.21亿美元，同比减少约4.5%，低于分析师预期的9.87亿美元;每股收益为0.13美元，亦低于预期的0.18 美元。期内硬件与配件收入同比下降近12%至3.67亿美元，软件收入同比下降超27%至1.98亿美元，收 藏品收入则同比增长近50%至2.56亿美元。 ...

Core Viewpoint - GameStop has transitioned from being perceived as a failing retailer to a financial entity with significant cash reserves, allowing it to operate more like a bank than a traditional store [3][10][11] Financial Performance - Q3 earnings report shows net sales decreased to $821 million from $860 million, a 4.5% decline, while net income increased to $77.1 million from $17.4 million, indicating a significant profit growth [3] - Operating income rose to $41.3 million from a loss of $33.4 million, demonstrating effective cost management despite declining sales [8] Cost Management - Selling, General and Administrative (SG&A) expenses dropped to $221.4 million from $282.0 million, reducing SG&A as a percentage of sales to 27% from 32.8% [8] - GameStop has adopted a culture of strict frugality, allowing it to manage costs effectively compared to competitors [6][8] Strategic Positioning - The company is actively closing unprofitable locations and optimizing cash flow, positioning itself as a "closed-end investment fund" rather than a traditional retailer [8] - With nearly $8.8 billion in cash and equivalents, GameStop has a financial "floor" that protects against bankruptcy, allowing it to generate profits through interest income [8][10] Future Outlook - The market is speculating on potential acquisitions or investments that could utilize the cash reserves effectively, with concerns about maintaining investor interest if cash is held without action [13] - The transformation into a financial stronghold suggests that GameStop's future growth may depend on capital management rather than retail performance [11][13]

U.S. stock futures advanced on Wednesday after Tuesday’s mixed close. Futures of major benchmark indices were higher.The Federal Open Market Committee‘s two-day meeting ends today, with investors eyeing a rate cut decision and Fed Chair Jerome Powell‘s speech in the afternoon.Meanwhile, the 10-year Treasury bond yielded 4.20% and the two-year bond was at 3.62%. The CME Group's FedWatch tool‘s projections show markets pricing an 89.9% likelihood of the Federal Reserve cutting the current interest rates later ...

Market Overview - U.S. stock futures advanced on Wednesday following a mixed close on Tuesday, with major benchmark indices showing positive movement [1] - The Federal Open Market Committee's meeting is concluding today, with a high focus on potential interest rate cuts and Fed Chair Jerome Powell's upcoming speech [1] Treasury Bonds - The 10-year Treasury bond yielded 4.20%, while the two-year bond was at 3.62% [2] - Market expectations indicate an 89.9% likelihood of the Federal Reserve cutting interest rates later today, according to CME Group's FedWatch tool [2] Stock Performance - Dow Jones futures increased by 0.02%, S&P 500 by 0.07%, and Nasdaq 100 by 0.04%, while Russell 2000 decreased by 0.18% [2] - SPDR S&P 500 ETF Trust (NYSE:SPY) rose by 0.066% to $683.49, and Invesco QQQ Trust ETF (NASDAQ:QQQ) increased by 0.042% to $625.31 in premarket trading [2] Company Highlights - **GameStop Corp. (NYSE:GME)**: Shares dropped 6.38% in premarket after reporting third-quarter revenue of $821 million, missing analyst estimates of $987.28 million, but earnings of 24 cents per share exceeded estimates of 20 cents [7] - **GE Vernova Inc. (NYSE:GEV)**: Stock surged 7.72% after doubling its dividend and raising its multi-year outlook, with strong guidance extending to 2028 [7] - **Oracle Corp. (NYSE:ORCL)**: Shares rose 1.07% as analysts anticipate earnings of $1.64 per share on revenue of $16.22 billion [6] - **Adobe Inc. (NASDAQ:ADBE)**: Stock was down 0.02% ahead of earnings release, with expectations of $5.39 per share on revenue of $6.11 billion [7] Analyst Insights - BlackRock maintains an "overweight" stance on U.S. stocks, driven by the artificial intelligence theme, viewing it as a significant factor for equity performance [11] - The firm acknowledges potential bubble concerns but focuses on corporate revenues justifying capital expenditures, suggesting a possible "growth breakout" from the historical 2% growth trend [12] - A favorable economic backdrop is noted, with expectations of Federal Reserve easing and a potential interest rate cut, although a "financing hump" is anticipated due to the divergence between immediate spending and future revenues [13] Additional Market Data - Crude oil futures increased by 0.19% to approximately $58.36 per barrel [14] - Gold Spot fell by 0.31% to around $4,195.46 per ounce, while Bitcoin traded 2.48% higher at $92,555.93 per coin [17]

专题：聚焦2025年第三季度美股财报 视频游戏零售商游戏驿站（GME）周二公布的第三季度营收低于分析师预期，该公司在向数字下载和 流媒体业务转型后始终难以打开局面，导致其股价在盘前交易中下跌 6%。 这家总部位于得克萨斯州格雷普韦恩的公司，曾是实体游戏销售领域的霸主，也是 2021 年迷因股热潮 的典型代表。但随着游戏玩家愈发青睐线上购买和订阅平台，而非光顾线下门店，游戏驿站的转型之路 步履维艰。 游戏驿站已拓展其电商平台，提供数字下载服务和相关商品，还与游戏发行商达成合作，销售独家游戏 版本及收藏品，但这些举措尚未取得成效。 该零售商面临的困境折射出更广泛的行业趋势：微软、索尼等大型发行商正大力推广订阅服务和云游 戏，降低了对实体游戏光盘的依赖。 与此同时，亚马逊等电商巨头已成为游戏玩家及普通商品购物者的首选渠道，不断侵蚀游戏驿站的市场 份额。 据伦敦证券交易所集团（LSEG）汇总的数据，该公司第三季度营收为 8.21 亿美元，低于分析师此前预 期的 9.873 亿美元。 自迷因股热潮让其一度成为市场焦点后，游戏驿站的股价也一直存在较大波动。 本季度，包括全新及二手视频游戏在内的硬件和配件业务营收下滑约 1 ...

游戏驿站(GME.US)盘前跌6.3%，报21.65美元。消息面上，游戏驿站公布第三季度业绩，总营收为8.21 亿美元，同比减少约4.5%，低于分析师预期的9.87亿美元；每股收益为0.13美元，亦低于预期的0.18美 元。期内硬件与配件收入同比下降近12%至3.67亿美元，软件收入同比下降超27%至1.98亿美元，收藏 品收入则同比增长近50%至2.56亿美元。(格隆汇) ...

GameStop reported an EPS of $0.24, surpassing the estimated $0.20, showcasing effective cost management.The company's revenue of $821 million missed the estimate, indicating challenges in adapting to digital trends.GameStop's financial position is strong, with $8.8 billion in cash, cash equivalents, and marketable securities, and a diversified asset portfolio including Bitcoin holdings valued at $519.4 million.GameStop Corp. (NYSE:GME) is a well-known retailer in the gaming industry, primarily selling video ...