Ryan Cohen once promised investors he would make an acquisition that would either be “genius or totally, totally foolish.” On Sunday evening, the world found out what he had in mind. GameStop just made a $55.5 billion unsolicited bid to buy eBay. And nothing about it is small. What GameStop is proposing GameStop submitted a
Reddit CEO Steve Huffman had a message for the AI giants on the company’s first-quarter 2026 earnings call. And it wasn’t subtle. “There is no artificial intelligence without actual intelligence. And that comes from Reddit,” Huffman said. That single line landed like a warning shot, aimed squarely at Google and OpenAI, two of Reddit’s (RDDT)
When the economy struggles, many people don’t give up on things like luxury purchases and eating. Instead, they trade down to something that costs less. “If you look at incomes under $100,000, we’re actually doing quite well there, which suggests that we’re getting some benefit from trade down, from things like full-service dining, casual dining,
Volatility is back. Investors are watching their portfolios swing on AI fears, geopolitical tension, and rate uncertainty. And many are wondering if this is finally the moment the world’s most famous value investor starts buying. Warren Buffett has an answer. It is not the one most people are hoping for. What Buffett said about market
Big companies rarely admit they need a rival. They prefer to rebrand the problem, restructure a division, or roll out a new strategy with a vaguely inspirational name. But every now and then, the math wins. For most of the past 30 years, the German auto industry was the math. It built the cars, set
People wait for things to get cheaper before they buy. That is as human as any instinct gets. We delay the vacation, hold off on the new car, refresh the airline app every morning until the fare seems reasonable. For something as expensive as a home, that waiting instinct doesn’t just linger. It compounds into
Eli Lilly’s first-quarter report gave Wall Street another reason to stay optimistic about one of the market’s biggest pharmaceutical winners, even as analysts continue to weigh how much growth is already priced into the stock. Bank of America reiterated its Buy rating on Eli Lilly and set a $1,133 price objective on the stock, according
For most of 2026, General Motors (GM) has been a stock that makes investors nervous. From tariff headlines, EV restructuring charges, a war in the Middle East pushing up raw material costs, and a share price that’s down year-to-date, even as the one-year return sits at an impressive 70%. Then came the first-quarter earnings report.
If you’re a driver who finds stopping in to your local gas station or even Costco or Walmart painful, you have to be glad April is over. But there’s a problem. The high fuel prices you just suffered through as war raged in the Persian Gulf aren’t going away. You might even see U.S. gas
Kevin O’Leary has spent decades telling entrepreneurs on national television precisely what their businesses are worth. Now he is sharing something he rarely details publicly: the exact way he allocates his own money across asset classes, and why he believes most investors overcomplicate their approach to building wealth. In a recent appearance on The Iced