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GameStop CEO Prepares Takeover Bid For eBay
GameStop CEO Prepares Takeover Bid For eBay
Three months ago, billionaire Ryan Cohen, the CEO of GameStop, told The Wall Street Journal he was eyeing a major acquisition. Fast forward to late last week, and in what appears to be an intentional leak to the same outlet, Cohen's next move may now be coming into focus: preparing an offer to buy eBay.
The WSJ cites sources who say that Cohen's GameStop has built a $12 billion position in eBay ahead of a potential offer. Notably, eBay has a market capitalization 3.8...
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Mar 18, 2026 / Tyler Durden
Fed Remains On Hold (As Expected) Amid 'Uncertain Implications' Of War With Iran
Fed Remains On Hold (As Expected) Amid 'Uncertain Implications' Of War With Iran
Tl;dr: Rates on hold as expected with a hawkish tilt to 'uncertainty' around the Iran war clouding the outlook. The Dot-Plot showed no real change (7 on hold, 12 at least 1 cut in 2026) but inflation expectations surged in the SEP.
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A lot - and we mean a lot - has happened since the last FOMC meeting (Jan 28th).
Oil is up 54% since the last FOMC meeting, bitcoin has tumbled. Gold and stocks are also...
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May 24, 2026 / Tyler Durden
US Approves "Homing All The Way Killer" Missile Support Sale To Ukraine
US Approves "Homing All The Way Killer" Missile Support Sale To Ukraine
The US State Department has officially cleared a $108.1 million hardware and sustainment package to keep Ukraine's frontline air defenses online, after there's not been much in the way of big dollar headlines concerning Washington's longtime military support to Kiev of late.
The cash injection targets the maintenance and optimization of the US-designed HAWK system - which is short for the "Homing All the Way Killer" surface-to-air missile system.
Bild/Getty Images
Depending on the exact missile variant deployed, the platform handles tactical...
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May 20, 2026 / Tyler Durden
UK COVID Inquiry's Endorsement Of Censorship Sets Chilling Precedent
UK COVID Inquiry's Endorsement Of Censorship Sets Chilling Precedent
Authored by Molly Kingsley via DailySceptic.org,
According to the UK’s Covid Inquiry, whose fourth report was published in April, there was “in principle, nothing unlawful or inappropriate in the government monitoring publicly available social media to identify potential trends in disinformation or misinformation” during the pandemic period.
The same report, in declining to criticise the censorious activities of the UK Government during the pandemic, noted that the UK government’s Counter Disinformation Unit was required to ensure that its actions were “lawful, necessary and...
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