Why Is GameStop Stock Surging on Wednesday?
GameStop Corp. (NYSE:GME) stock is rising Wednesday after reporting Q2 revenue beats, record operating income, and updated fiscal 2026 guidance.
News
Source-attributed headlines with timestamps and links to the companies and crypto markets they mention.
Latest Coverage
30 headlines
GameStop Corp. (NYSE:GME) stock is rising Wednesday after reporting Q2 revenue beats, record operating income, and updated fiscal 2026 guidance.
CVC Capital Partners is bringing in a senior executive from rival TPG as part of a planned leadership transition at the private equity firm.
Mirae Asset lifted its SK Hynix target to 3.1 million won, implying 88% upside. The valuation math leans on Micron's own multiple.
Cloudflare (NYSE:NET) has outperformed the market over the past 5 years by 8.55% on an annualized basis producing an average annual return of 19.96%. Currently, Cloudflare has a market capitalization of $104.35 billion.
Analog Devices acquires Alif Semiconductor for $1.35B to expand edge AI capabilities across industrial, robotics, and energy markets.
Oracle reports fiscal Q1 results with a massive $638B backlog that grew 363% last year, yet the stock is down 17.7% YTD. While cloud infrastructure revenue grew 93% and management guides 34% revenue growth, investors are concerned about how this growth is financed. The company faces significant capital expenditure challenges ($55.7B in FY2026, projected $70B in FY2027) and plans $40B in debt and equity raises, including a $20B share sale. A major concentration risk exists with OpenAI reportedly accounting for over half the backlog, raising credit concerns as OpenAI continues to burn cash.
Standard Chartered shares rallied 5.8% to close at $31.1, reaching a new 52-week high, supported by strength in London-listed shares, an ongoing share-repurchase program, and JPMorgan's maintained Overweight rating with a raised price target. However, with unchanged earnings estimate revisions over the past 30 days and a Zacks Rank #3 (Hold) rating, the stock's momentum may face headwinds without further positive catalysts.
Filed: 2026-09-09 AccNo: 0001692951-26-000171 Size: 163 KB Item 3.02: Unregistered Sales of Equity Securities
Apple’s “Surprise and Shine” event puts John Ternus center stage as traders bet on foldables, Apple Intelligence, Siri and more.