JHVEPhoto GameStop ( GME ) swung lower at the open on Tuesday as investors sized up the implications of the ambitious plan to acquire eBay ( EBAY ). Wedbush Securities warned that Michael Burry's exit from owning GameStop ( GME ) removes one of the most recognizable long-term bulls from the register and could be seen as a signal of institutional skepticism toward the eBay ( EBAY ) deal as value cr...
JHVEPhoto GameStop ( GME ) swung lower at the open on Tuesday as investors sized up the implications of the ambitious plan to acquire eBay ( EBAY ). Wedbush Securities warned that Michael Burry's exit from owning GameStop ( GME ) removes one of the most recognizable long-term bulls from the register and could be seen as a signal of institutional skepticism toward the eBay ( EBAY ) deal as value creative. "We expect continued GME volatility as the market debates deal probability," warned analyst Michael Piccolo. The core issue was noted to be the structural math behind GameStop ( GME ) needing to bridge the gap between its $9B cash position + $20B TD Bank commitment and the deal price for eBay ( EBAY ) of $125 per share, or $56B. Piccolo and his team think that GameStop ( GME ) may not generate enough meme buzz about a deal to overcome the large issuance of new GME shares to complete an acquisition of eBay ( EBAY ). GlobalData retail analyst Neil Saunders described the proposal as a David trying to take over a Goliath to buy David relevance. "eBay is a successful business that has a very clear proposition, a clear rationale for existence," he noted. "Whereas I feel that GameStop is a company that is sort of grappling with a reason to be around," he added. Shares of GameStop ( GME ) were down 2.2% after a 10% decline on Monday. eBay ( EBAY ) was off 2.4% to $106.76 after rising 5.1% on Monday More on GameStop and eBay eBay: GameStop Bid Doesn't Add Up GameStop's 'Crazy Idea' To Buy EBay Isn't So Crazy, But It Is Risky eBay And GameStop: A Deal Made In Meme Heaven Michael Burry exits entire GameStop stake after $56B eBay bid SA Investing Community sounds the alarm on a GameStop-eBay combination
(RTTNews) - With imports increasing by modestly more than exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened roughly in line with economist estimates in the month of March.
(RTTNews) - With imports increasing by modestly more than exports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened roughly in line with economist estimates in the month of March.
FroggyFrogg Global semiconductor sales reached $99.5B in March, which represented a 79% year-over-year surge, according to data from the World Semiconductor Trade Statistics organization. Sales during the first quarter of 2026 increased 25% year over year to $298.5B. This is positive news for the entire semiconductor industry, but particularly for Taiwan Semiconductor Manufacturing ( TSM ), which ...
FroggyFrogg Global semiconductor sales reached $99.5B in March, which represented a 79% year-over-year surge, according to data from the World Semiconductor Trade Statistics organization. Sales during the first quarter of 2026 increased 25% year over year to $298.5B. This is positive news for the entire semiconductor industry, but particularly for Taiwan Semiconductor Manufacturing ( TSM ), which owns the largest chip fabrication capacity in the world. Intel ( INTC ) is also expanding its fabrication capabilities. Shares for the Lip-Bu Tan company popped up 11% during early market trading on Tuesday. It was reported yesterday that Apple ( AAPL ) is considering using Intel and Samsung ( SSNLF ) to produce the main processors for its devices in the U.S. This would offer options beyond longtime partner Taiwan Semiconductor Manufacturing. "Global chip sales remain on track to reach $1 trillion in 2026, with Q1 sales significantly exceeding sales in Q4 2025," said Semiconductor Industry Association CEO John Neuffer. "Strong sales across the Asia Pacific region, the Americas, and China drove global semiconductor market growth, highlighting broad and robust demand for semiconductors and the countless tech products they enable." If sales continue at the same pace throughout 2026, they would easily surpass the $1T mark and shatter the prior record of $791.7B reached in 2025. On a regional basis, March semiconductor sales jumped 108% year over year in Asia Pacific, 83% in the Americas, 75% in China, 46% in Europe, and 7% in Japan. More on TSMC and Intel Intel: The AI Trade Everyone Hated Is Suddenly Working Intel: The Rally Has Gone Too Far Why Intel's Rally Might Not Be Over Yet Apple weighs using Intel and Samsung to build main device chips, Bloomberg reports Intel appoints another ex Qualcomm exec, this time for Client Computing
FroggyFrogg Global semiconductor sales reached $99.5B in March, which represented a 79% year-over-year surge, according to data from the World Semiconductor Trade Statistics organization. Sales during the first quarter of 2026 increased 25% year over year to $298.5B. This is positive news for the entire semiconductor industry, but particularly for Taiwan Semiconductor Manufacturing ( TSM ), which ...
FroggyFrogg Global semiconductor sales reached $99.5B in March, which represented a 79% year-over-year surge, according to data from the World Semiconductor Trade Statistics organization. Sales during the first quarter of 2026 increased 25% year over year to $298.5B. This is positive news for the entire semiconductor industry, but particularly for Taiwan Semiconductor Manufacturing ( TSM ), which owns the largest chip fabrication capacity in the world. Intel ( INTC ) is also expanding its fabrication capabilities. Shares for the Lip-Bu Tan company popped up 11% during early market trading on Tuesday. It was reported yesterday that Apple ( AAPL ) is considering using Intel and Samsung ( SSNLF ) to produce the main processors for its devices in the U.S. This would offer options beyond longtime partner Taiwan Semiconductor Manufacturing. "Global chip sales remain on track to reach $1 trillion in 2026, with Q1 sales significantly exceeding sales in Q4 2025," said Semiconductor Industry Association CEO John Neuffer. "Strong sales across the Asia Pacific region, the Americas, and China drove global semiconductor market growth, highlighting broad and robust demand for semiconductors and the countless tech products they enable." If sales continue at the same pace throughout 2026, they would easily surpass the $1T mark and shatter the prior record of $791.7B reached in 2025. On a regional basis, March semiconductor sales jumped 108% year over year in Asia Pacific, 83% in the Americas, 75% in China, 46% in Europe, and 7% in Japan. More on TSMC and Intel Intel: The AI Trade Everyone Hated Is Suddenly Working Intel: The Rally Has Gone Too Far Why Intel's Rally Might Not Be Over Yet Apple weighs using Intel and Samsung to build main device chips, Bloomberg reports Intel appoints another ex Qualcomm exec, this time for Client Computing
United Parcel Service (UPS) stock fell 10% to hit $96 on May 4, 2026. The catalyst? Amazon (AMZN) launched 'Amazon Supply Chain Services,' a move that opens its internal logistics and fulfillment network to third-party businesses. Amazon is now competing directly with UPS across freight, distribution, and parcel shipping.
United Parcel Service (UPS) stock fell 10% to hit $96 on May 4, 2026. The catalyst? Amazon (AMZN) launched 'Amazon Supply Chain Services,' a move that opens its internal logistics and fulfillment network to third-party businesses. Amazon is now competing directly with UPS across freight, distribution, and parcel shipping.