A suggestion from an investor for video game retailer GameStop Corp. (GME) to use the Bitcoin (BTC/USD) standard led to a significant increase in cryptocurrencies related to the company on Tuesday.
The e-commerce stock has had a strong start in 2025, as investors are hopeful that China's struggling economy will recover.
According to the WSJ, Cohen's large investment in Alibaba shows his positive outlook on China's economic growth over time.
GameStop Corp (NYSE:GME) announced on Wednesday that it intends to sell its operations in Canada and France as it reviews its international assets. The video game retailer did not share any additional information regarding this decision.
According to data from JPMorgan, small investors now account for 25% of trading in U.S. stocks. This is more than twice the amount recorded before the Covid-19 pandemic and is nearly at the highest level observed in early 2021.
On February 18, 2025, GameStop Corp. (NYSE: GME) announced that it is considering selling its operations in France and Canada as it reviews its international assets. If you have any questions about this, please reach out to M&[email protected].
GameStop Corp (NYSE:GME) is said to be looking into investing in Bitcoin and other cryptocurrencies, as per sources familiar with the situation. These sources informed CNBC that the video game retailer, which became popular as a meme stock, is examining different types of assets, especially cryptocurrency and Bitcoin.
The most recent updates for investors about popular stocks on Friday.
According to a report from CNBC, the struggling retailer is thinking about purchasing bitcoin.
At the end of the last trading day, GameStop (GME) was priced at $26.34, which represents a 1.35% increase compared to the previous day.