People familiar with GameStop (GME) CEO Cohen's thinking say he is still intent on going after eBay (EBAY) and will keep pressing his bid, Semafor reports

The news indicates that GameStop's CEO, Ryan Cohen, remains focused on pursuing eBay, potentially signaling a strategic shift for GameStop towards e-commerce expansion.

Newsquawk StaffPublished 12 May 2026, 16:39 UTCOn the live feed at 16:19 UTC — 2 more headlines followed before this page went public

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White House on reports that Trump and Xi are considering a deal to allow China to invest USD 1tln in the US to build factories on American soil- "baseless and false.", via News Nation

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16:19

People familiar with GameStop (GME) CEO Cohen's thinking say he is still intent on going after eBay (EBAY) and will keep pressing his bid, Semafor reports

16:18

A source familiar with the course of negotiations between Iran and the United States confirmed that the top directives for the Iranian negotiating team included the condition of achieving five points before starting negotiations on the nuclear file:

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Context

This persistence in the bid could impact investor sentiment, as it reflects GameStop's ambitions in a different sector, which may attract both speculative and long-term interest in both stocks. Watch for market reactions in equities and any potential ripple effects in the broader retail sector.

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