Tag

Market Cap

All articles tagged with #market cap

business1 day ago

GameStop Starts 2026 With Mass Store Closures and a $35B CEO Pay Plan

GameStop reportedly began 2026 by shuttering up to 296 US stores in the first week, with signs offering a 20% trade-in bonus if customers visit other GameStop locations. The closures may be connected to CEO Ryan Cohen’s at-risk pay package, which could total $35 billion if the company reaches a $100 billion market cap, distributed in nine tranches starting at $20 billion. Separately, RNZ reports GameStop is considering ending EB Games in New Zealand, potentially closing 38 stores pending a full consultation with affected staff.

business2 months ago

AI Stocks Poised to Join the $1 Trillion and $3 Trillion Clubs by 2027

The article predicts that Amazon will join the $3 trillion club by 2027, driven by its leading cloud computing business, Amazon Web Services, and its profitable retail operations. Despite current high spending on AI infrastructure, Amazon's growth in AI services, Prime subscriptions, and advertising, along with its long-term focus on free cash flow, position it well for significant valuation growth.