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The Finance Brief

From Wall Street to Main Street — what you need to know.

GameStop's $56B eBay Gamble

Meme Stock Giant GameStop Makes $56 Billion Bid For eBay To Build Amazon Challenger Empire

Market AnalysisMay 05, 2026

Meme Stock Giant GameStop Makes $56 Billion Bid For eBay To Build Amazon Challenger Empire

GameStop has made a $56-billion proposal to acquire eBay, as CEO Ryan Cohen outlines plan to transform the combined business into a challenger to Amazon.

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Global Market Wrap

Markets Wrap: Global Stocks Slide, Oil Retreats; Pinterest Boosts Confidence With Q1 Earnings

Market UpdatesMay 05, 2026

Markets Wrap: Global Stocks Slide, Oil Retreats; Pinterest Boosts Confidence With Q1 Earnings

Asia-Pacific stocks fell on Tuesday, while oil prices eased slightly but stayed above $100 a barrel, as the US and Iran continued to pursue a fragile truce while trading blows over the Strait of Hormuz.

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