GameStop is getting out of the non-fungible token (NFT) arena. In an update posted on its GameStop NFT website, the company said it has decided to wind down its NFT marketplace “due to the continuing regulatory uncertainty of the crypto space.” “Effective as of February 2, 2024, customers...
GameStop has named Chewy co-founder Ryan Cohen as its president, CEO and chairman. Cohen, who had been executive chairman at GameStop, relinquished that title when taking on the new roles, the video game retailer said in a Thursday (Sept. 28) filing with the Securities and...
Robinhood believes it has been “misunderstood.” A new movie might not help matters. As The Wall Street Journal (WSJ) reported Saturday (Sept. 16), the trading platform is featured in the new comedy “Dumb Money,” which tells the story of the 2021 “meme stock” craze, and the...
Where a firm spends its money tends to be highly correlated to its business strategy. That makes the chief financial officer (CFO) role crucial for sustainable success – and underscores the importance for CFOs of being tapped into the macro climate, ready, able, and willing...
June 04, 2021
The story of how small-money investors galvanized by an Internet message board, a gamified trading app and a little flash-mob-style activism rewrote the rules on retail investing — while driving shares of GameStop through the roof — is now part-finance fable, part cautionary tale. In a recent wide-ranging conversation with Karen Webster, Rosa “Rosie” Rios, 43rd […]
March 22, 2021
Usually, when analysts look at the quarterly expectations before an earnings announcement, it’s time to do the math. For a retailer, numbers like in-store comps, eCommerce revenue, product momentum and...
February 10, 2021
The GameStop stock run has created a generational opportunity for the investment advisory industry to connect with an audience that’s finally interested in listening and has something to talk about....
May 30, 2024
The Treasury Department has a warning for NFT fans: use them at your own risk. The department released an assessment Wednesday (May 29) finding that non-fungible tokens (NFTs) — while rarely involved in things like terror financing — are nonetheless “highly susceptible” to theft and use in fraud and scams. “Additionally, criminals use NFTs to launder proceeds from predicate […]
January 18, 2024
GameStop is getting out of the non-fungible token (NFT) arena. In an update posted on its GameStop NFT website, the company said it has decided to wind down its NFT marketplace “due to...
September 28, 2023
GameStop has named Chewy co-founder Ryan Cohen as its president, CEO and chairman. Cohen, who had been executive chairman at GameStop, relinquished that title when taking on the new roles,...
September 17, 2023
Robinhood believes it has been “misunderstood.” A new movie might not help matters. As The Wall Street Journal (WSJ) reported Saturday (Sept. 16), the trading platform is featured in the new...
