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Project Overview
GameStop (NYSE: GME), also translated as "Game Station", is an American seller of video games, consumer electronics and wireless services.
Gate CFD Contract Stock Zone has launched 53 CFD contract trading pairs including SHLD (GLOBAL X Defense Technology ETF), DRAM (Roundhill Memory ETF), and others, along with a new coin airdrop Phase 4 event
According to official announcements, the Gate CFD contract zone has launched 53 CFD trading pairs: SHLD (GLOBAL X Defense Technology ETF), DRAM (Roundhill Memory ETF), GME (GameStop), NBIX (Neurocrine Biosciences), BAX (Baxter International), KMI (Kinder Morgan), CFG (Citizens Financial Group), Z (Zillow Group), DVN (Devon Energy), ADP (Automatic Data Processing), ADM (Archer-Daniels-Midland), GPN (Global Payments), SIRI (Sirius XM), ECL (Ecolab), MPC (Marathon Petroleum), MDLZ (Mondelez International), BKR (Baker Hughes), EL (Estée Lauder Companies), LVS (Las Vegas Sands Corp), LHX (L3Harris Technologies), VALE (Vale), A (Agilent Technologies), FOXA (Fox Corporation), TJX (TJX Companies), CLX (The Clorox Company), CCI (Crown Castle International), FAST (Fastenal), HLT (Hilton Worldwide), HOG (Harley-Davidson), DLR (Digital Realty Trust), PPG (PPG Industries), MTCH (Match Group), PLD (Prologis), EMR (Emerson Electric), KODK (Eastman Kodak), SWKS (Skyworks Solutions), AEP (American Electric Power), MDT (Medtronic), OMC (Omnicom Group), NSC (Norfolk Southern Railway), GFI (Gold Fields), BMY (Bristol-Myers Squibb), ROK (Rockwell Automation), LEN (Lennar Corporation), ETSY (Etsy), ADI (Analog Devices), CHTR (Charter Communications), NTRS (Northern Trust), NBR (Nabors Industries), EDU (New Oriental Education & Technology Group), VFS (VinFast), SENS (Senseonics), ETD (Ethan Allen Interiors). These contract trading pairs support 4x fixed leverage.In addition, the Gate CFD Stock Contract Zone will launch the new coin airdrop Phase 4 event from 16:00 on May 19 to 16:00 on May 29 (UTC+8). During the event, registered users can receive 300 USDT and share a prize pool of 900,000 USDT by participating in trading the newly listed assets, with a maximum reward of 31,300 USDT per person.
Meme stock king Roaring Kitty's X account suspected to be hacked, RKC market cap drops to $1.8 million after hitting $12 million
Roaring Kitty, the protagonist of the GameStop "Retail vs Wall Street" saga and the king of meme stocks, had his official X account allegedly compromised in the early hours of today. The hacker posted the contract address of the meme coin Red Kitten Crew (RKC), causing the token's market cap to briefly reach $12 million before plummeting to $1.8 million.Shortly afterwards, Roaring Kitty appears to have regained control of the account and deleted the tweet containing the contract address. Roaring Kitty himself has yet to issue a clarifying statement, with the community widely believing that the posting of the meme coin contract address was due to a brief account compromise.
GameStop is planning to make a takeover offer for eBay.
According to sources familiar with the matter, GameStop CEO Ryan Cohen is planning to make a takeover bid for the e-commerce platform eBay, which has a market capitalization of approximately $45 billion, with the aim of transforming it into a retail giant valued at over $100 billion—while GameStop’s current market cap stands at only about $11 billion. Per Bitget market data, following the news, eBay’s after-hours stock price surged more than 10% on U.S. markets, while GameStop rose roughly 5% in tandem. The sources also revealed that GameStop has quietly accumulated shares of eBay and may submit its formal offer as early as later this month; should eBay’s board reject the proposal, Cohen could launch a direct tender offer to eBay’s shareholders. Earlier this year, Cohen explicitly stated he is scouting major acquisition targets in the consumer and retail sectors, seeking to expand the company’s business beyond video games and collectibles. He recently revised his compensation plan, under which he stands to receive up to $35 billion in stock awards if certain conditions—including achieving a $100 billion market capitalization—are met. As of the end of March, GameStop held approximately $9 billion in cash—nearly double the $4.8 billion it held a year earlier—providing financial firepower for this “snake-swallowing-elephant”-style acquisition. Over the past 12 months, eBay’s stock has risen more than 50%; in February, it acquired the secondhand fashion platform Depop for $1.2 billion, further focusing on collectibles.
Related news
Gate CFD Contract Stock Zone has launched 53 CFD contract trading pairs including SHLD (GLOBAL X Defense Technology ETF), DRAM (Roundhill Memory ETF), and others, along with a new coin airdrop Phase 4 event
According to official announcements, the Gate CFD contract zone has launched 53 CFD trading pairs: SHLD (GLOBAL X Defense Technology ETF), DRAM (Roundhill Memory ETF), GME (GameStop), NBIX (Neurocrine Biosciences), BAX (Baxter International), KMI (Kinder Morgan), CFG (Citizens Financial Group), Z (Zillow Group), DVN (Devon Energy), ADP (Automatic Data Processing), ADM (Archer-Daniels-Midland), GPN (Global Payments), SIRI (Sirius XM), ECL (Ecolab), MPC (Marathon Petroleum), MDLZ (Mondelez International), BKR (Baker Hughes), EL (Estée Lauder Companies), LVS (Las Vegas Sands Corp), LHX (L3Harris Technologies), VALE (Vale), A (Agilent Technologies), FOXA (Fox Corporation), TJX (TJX Companies), CLX (The Clorox Company), CCI (Crown Castle International), FAST (Fastenal), HLT (Hilton Worldwide), HOG (Harley-Davidson), DLR (Digital Realty Trust), PPG (PPG Industries), MTCH (Match Group), PLD (Prologis), EMR (Emerson Electric), KODK (Eastman Kodak), SWKS (Skyworks Solutions), AEP (American Electric Power), MDT (Medtronic), OMC (Omnicom Group), NSC (Norfolk Southern Railway), GFI (Gold Fields), BMY (Bristol-Myers Squibb), ROK (Rockwell Automation), LEN (Lennar Corporation), ETSY (Etsy), ADI (Analog Devices), CHTR (Charter Communications), NTRS (Northern Trust), NBR (Nabors Industries), EDU (New Oriental Education & Technology Group), VFS (VinFast), SENS (Senseonics), ETD (Ethan Allen Interiors). These contract trading pairs support 4x fixed leverage.In addition, the Gate CFD Stock Contract Zone will launch the new coin airdrop Phase 4 event from 16:00 on May 19 to 16:00 on May 29 (UTC+8). During the event, registered users can receive 300 USDT and share a prize pool of 900,000 USDT by participating in trading the newly listed assets, with a maximum reward of 31,300 USDT per person.
eBay rejects GameStop's approximately $56 billion acquisition offer
: According to market sources, eBay has rejected GameStop's roughly $56 billion acquisition offer, calling the proposal "neither credible nor attractive."In a previous report, on May 4, GameStop proposed to acquire eBay for $125 per share in a cash-and-stock deal. GameStop CEO Ryan Cohen stated that the company already holds approximately 5% of eBay's shares. If eBay rejects the acquisition plan, it will consider launching a proxy fight and directly advance the proposal to shareholders.
Meme stock king Roaring Kitty's X account suspected to be hacked, RKC market cap drops to $1.8 million after hitting $12 million
Roaring Kitty, the protagonist of the GameStop "Retail vs Wall Street" saga and the king of meme stocks, had his official X account allegedly compromised in the early hours of today. The hacker posted the contract address of the meme coin Red Kitten Crew (RKC), causing the token's market cap to briefly reach $12 million before plummeting to $1.8 million.Shortly afterwards, Roaring Kitty appears to have regained control of the account and deleted the tweet containing the contract address. Roaring Kitty himself has yet to issue a clarifying statement, with the community widely believing that the posting of the meme coin contract address was due to a brief account compromise.
GameStop CEO Ryan Cohen’s account was permanently banned from the platform two days after he proposed acquiring eBay.
According to The Kobeissi Letter (@KobeissiLetter), Ryan Cohen, CEO of GameStop ($GME), was permanently banned from his personal eBay account just two days after proposing a $56 billion acquisition of eBay. eBay’s official reason for the ban was “putting the eBay community at risk.”
GameStop Plans $56 Billion Bid to Acquire eBay
GameStop intends to bid $56 billion to acquire eBay. It is reported that GameStop CEO Ryan Cohen stated that GameStop currently holds approximately 5% of eBay's shares and has proposed acquiring eBay through a combination of cash and stock at $125 per share, representing a premium of about 20% over eBay's closing price last Friday. (The Wall Street Journal)
GameStop is planning to make a takeover offer for eBay.
According to sources familiar with the matter, GameStop CEO Ryan Cohen is planning to make a takeover bid for the e-commerce platform eBay, which has a market capitalization of approximately $45 billion, with the aim of transforming it into a retail giant valued at over $100 billion—while GameStop’s current market cap stands at only about $11 billion. Per Bitget market data, following the news, eBay’s after-hours stock price surged more than 10% on U.S. markets, while GameStop rose roughly 5% in tandem. The sources also revealed that GameStop has quietly accumulated shares of eBay and may submit its formal offer as early as later this month; should eBay’s board reject the proposal, Cohen could launch a direct tender offer to eBay’s shareholders. Earlier this year, Cohen explicitly stated he is scouting major acquisition targets in the consumer and retail sectors, seeking to expand the company’s business beyond video games and collectibles. He recently revised his compensation plan, under which he stands to receive up to $35 billion in stock awards if certain conditions—including achieving a $100 billion market capitalization—are met. As of the end of March, GameStop held approximately $9 billion in cash—nearly double the $4.8 billion it held a year earlier—providing financial firepower for this “snake-swallowing-elephant”-style acquisition. Over the past 12 months, eBay’s stock has risen more than 50%; in February, it acquired the secondhand fashion platform Depop for $1.2 billion, further focusing on collectibles.