Business
GameStop Shares Steady Ahead Of Sept. 8 Earnings As Investors Brace For A Potential 9% Stock Swing Today
GRAPEVINE, Texas — Shares of GameStop Corp. traded roughly flat Friday, dipping 13 cents, or 0.68%, to $19.10 as of 1:08 p.m. ET, as investors positioned ahead of the company’s full second-quarter earnings report scheduled for after market close on Tuesday, Sept. 8.
Friday’s relatively muted move came amid a broader down day for U.S. equities, with the Dow Jones Industrial Average falling roughly 300 points following the release of the August jobs report. The Labor Department said the U.S. economy added 162,000 jobs last month, decisively beating the consensus estimate of 55,000, while the unemployment rate held steady at 4.1%. Bill Adams, chief U.S. economist at Fifth Third Commercial Bank, said the stronger-than-expected data adds complexity to the Federal Reserve’s upcoming policy decision.
“The August jobs report was much better than expected, focusing the Fed squarely on controlling inflation when they meet next in September,” Adams said, adding that “the next Fed decision will be finely balanced.”
For GameStop specifically, Friday’s trading reflects a period of relative calm ahead of what options traders anticipate could be a significant post-earnings move. According to data from TipRanks’ options tool, traders are pricing in a potential swing of roughly 9% in either direction once the company’s full second-quarter results are released Tuesday.
GameStop already provided a preview of its quarterly performance on Aug. 31, disclosing preliminary results showing expected net income of between $290 million and $310 million, nearly double the $168.6 million reported in the same period a year earlier. That improvement, however, is being driven almost entirely by investment gains rather than core retail performance. The company said its preliminary results include approximately $238 million in net gains tied to its eBay derivative position and equity stake, even as quarterly revenue is projected to fall to between $780 million and $800 million, down sharply from $972.2 million a year earlier.
GameStop shares climbed roughly 4% to 5% in the days following that preliminary disclosure, driven in part by a separate announcement regarding the company’s debt structure. On Sept. 1, GameStop confirmed an amendment to a previously announced exchange of approximately $1.4 billion in convertible notes, under which the company will now pay roughly $358.4 million in cash alongside issuing about 55.5 million shares of common stock. The amended terms fix the total number of shares to be issued in the exchange, meaning the transaction will not result in additional share dilution beyond that fixed amount, a structural change investors welcomed given that the original agreement had been structured to be settled entirely in stock, with the total share count tied to GameStop’s average trading price over a 35-day reference period.
Much of the broader investor attention surrounding GameStop this year has centered on the company’s evolving relationship with eBay and its shifting strategic direction under Chief Executive Ryan Cohen. GameStop first purchased a 5% stake in eBay on Feb. 4, 2026, before making a non-binding proposal on May 3 to acquire the remainder of the e-commerce company for $125 per share in a combination of cash and GameStop stock, a transaction that would value the deal at roughly $56 billion. That proposed acquisition remains pending approval from eBay, GameStop shareholders and antitrust regulators, including the Federal Trade Commission and Department of Justice in the United States.
Cohen has publicly framed the pursuit of a major transformative deal as central to his broader strategy for GameStop since taking over as chief executive in January 2021, shortly after the company’s stock became the center of a historic retail-investor-driven short squeeze. In a January 2026 interview with The Wall Street Journal, Cohen indicated he was actively seeking a significant transaction capable of scaling GameStop well beyond its traditional core video game retail business.
Despite the strategic ambition behind the proposed eBay acquisition, some market commentary in recent days has raised questions about whether the deal will ultimately move forward in its currently proposed form, with speculation circulating that Cohen could potentially abandon the bid altogether depending on how negotiations and regulatory review continue to unfold. Separately, some analysts have suggested that GameStop’s rejected earlier approach toward eBay, and the resulting derivative and equity positions the company built up in the process, effectively rescued what would have otherwise been a considerably weaker underlying quarter for the retailer’s core business.
GameStop’s underlying retail operations have continued shrinking even as its investment portfolio has grown increasingly central to its financial results. The company operates 2,206 stores globally as of its most recent full-year disclosure, including 1,598 locations in the United States, 300 in Australia and 308 across Europe, operating under the GameStop, EB Games, Micromania-Zing, ThinkGeek and Zing Pop Culture brand names. Founded in Dallas in 1984 as Babbage’s before adopting its current name in 1999, the company remains the largest video game retailer in the world by store count, even as its sales continue to decline amid the broader industry shift toward digital game distribution.
GameStop shares have declined roughly 61.7% over the trailing five years, according to analysis from Simply Wall St, even as the stock has experienced periodic bursts of extreme volatility tied to its status as a favored name among retail investors since the original 2021 short squeeze. Despite that long-term decline, some analysts have pointed to the stock’s current valuation as potentially attractive relative to the company’s growing investment portfolio, even as broader fundamental checks on the underlying retail business remain mixed.
With GameStop’s full second-quarter results due after market close Tuesday, investors will be watching closely for additional detail on the trajectory of the company’s core retail sales, further updates on the status of the proposed eBay acquisition, and any new guidance regarding how GameStop plans to balance its shrinking traditional retail operations against its rapidly expanding investment holdings heading into the remainder of fiscal 2026.
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BERLIN — IFA 2026, Europe’s largest consumer electronics trade show, officially opened Friday and runs through Sept. 8 at Messe Berlin, with artificial intelligence woven into nearly every category of product on display this year, from smart home appliances to toothbrushes. Last year’s edition drew 220,000 visitors from 140 countries and more than 1,900 exhibitors, and this year’s show appears set to continue that scale. Here are 10 of the standout technologies drawing attention from the show floor.
- Xiaomi 18 Fold. Xiaomi is using IFA week to build anticipation for its new “mid-fold” smartphone, officially launching in China on Sept. 7. The device features a 5.38-inch external display and a 7.58-inch internal screen, powered by Xiaomi’s new self-designed XRing O3 chipset built on a 10-core CPU architecture. The company has claimed the chip delivers significantly improved graphics performance and power efficiency compared with its predecessor, positioning the phone as a rival to Samsung’s and Huawei’s own wide-format foldables.
- LG ThinQ Claw. LG is debuting a new conversational AI agent for its smart home ecosystem called ThinQ Claw, built in part on the company’s earlier acquisition of smart home platform Homey. According to LG, the assistant is designed to understand user intent and context, helping complete tasks by connecting and coordinating relevant services and devices, whether those are LG appliances or third-party smart home products.
- Dyson CameraJet. Dyson is entering the electric toothbrush category for the first time with its $500 CameraJet, a device that combines an AI-powered camera with an integrated water flosser. The camera tracks a user’s brushing pattern in real time and automatically disperses mouthrinse like a water flosser whenever it detects the brush passing over a gap between teeth, allowing users to brush and floss simultaneously with a single device.
- XREAL Aura mixed reality glasses. XREAL is showcasing its new Aura mixed reality glasses at IFA, running on Google’s Android XR platform. Reviewers who tested the device compared the experience to a lighter version of Apple’s Vision Pro headset, noting solid display quality and a maturing software platform even as the broader smart glasses category continues searching for its ideal form factor. XREAL is targeting a release before the end of 2026.
- TP-Link Archer 8 Ultra and Deco 8 Ultra. TP-Link is among the first companies to bring hardware to market built around the still-unfinalized Wi-Fi 8 standard, unveiling its Archer 8 Ultra tri-band router and Deco 8 Ultra mesh networking system at this year’s show. Both devices use the upcoming IEEE 802.11bn wireless standard, with TP-Link framing the products as addressing everyday connectivity problems users actually notice, rather than simply chasing incremental speed increases.
- Acer Project DualPlay Mini. Acer showed off a concept gaming handheld that flips open and swivels to reveal a hidden keyboard, transforming an 8-inch Windows gaming device into a tiny laptop. The concept borrows design language from Acer’s existing Predator Atlas 8 handheld and remains strictly a concept at this stage, with no confirmed pricing, specifications or production timeline. Acer also introduced the market-ready Predator Atlas 7, a smaller 7-inch handheld that will actually reach consumers this year.
- Acer SleepLab Pro. Acer is also expanding into sleep-tracking technology with the SleepLab Pro, a bedside speaker that uses 60GHz radar to monitor sleep stages, heart rate and breathing without requiring a wearable device. The speaker doubles as a sleep aid, offering more than 180 built-in sounds and a 28-day guided breathing program, and Acer has said it will not require a subscription to access core features once it eventually reaches the market.
- XGIMI Aura 3 projector. XGIMI is pushing home projection technology further this year with its Aura 3 model, delivering high brightness output alongside 4K resolution at a smooth 120Hz refresh rate aimed at fast-moving sports and gaming content. Competing projector maker JMGO also showed its N3 Ultimate model at the show, though early hands-on impressions noted some color distortion issues at peak brightness settings.
- Beyerdynamic Aventho Y headphones. The century-old German audio manufacturer Beyerdynamic used IFA to debut its new Aventho Y headphones, featuring a design reminiscent of Apple’s AirPods Max alongside replaceable ear cups emphasizing long-term repairability. The company, long known for supplying professional audio equipment to musicians and recording studios, is positioning the new headphones as a consumer-friendly extension of that studio-grade audio heritage.
- JLab ANC earbuds with Apple Find My integration. Among the more budget-friendly standouts at the show, JLab introduced compact, low-cost active noise-canceling earbuds that incorporate proprietary technology compatible with Apple’s Find My network, allowing the earbuds’ charging case to function similarly to an Apple AirTag for location tracking, all at a notably small size and low price point compared with competing premium earbud offerings.
Beyond these individual products, IFA CEO Leif Lindner emphasized during the show’s opening ceremony that exhibitors continue pushing forward with AI-focused innovation this year despite broader industry headwinds, including a well-documented global memory chip shortage that has driven up component costs across the consumer electronics industry. That pricing pressure has been felt across categories, from smartphones to laptops, even as companies continue racing to differentiate their products through AI-powered features.
Samsung and LG separately dominated this year’s IFA innovation awards, with the two Korean electronics giants collectively winning 11 awards across categories spanning AI-powered appliances, next-generation display technology and audio innovation. LG additionally claimed the show’s top overall “Best Brand” honor, underscoring the intensifying competition between the two companies to establish leadership in AI-integrated consumer electronics across the European market.
With IFA 2026 running through Sept. 8, additional product announcements and hands-on demonstrations are expected throughout the remainder of the show, as exhibitors continue unveiling new devices spanning smart home technology, wearables, gaming hardware and home entertainment systems to the hundreds of thousands of attendees expected to pass through Messe Berlin before the event concludes.
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Zumtobel Group AG 2027 Q1 – Results – Earnings Call Presentation (OTCMKTS:ZMTBY) 2026-09-04
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There has been a lot of talk about rising bond yields, from Japan to the UK and the US, and alongside this government debt is growing all around the world. That all plays into a feeling that many people have that life is about to get more expensive and that in many places interest rates are set to rise.
Rahul Tandon is joined by David Kuo, co-founder of The Smart Investor in Singapore and German business journalist Ellen Frauenknecht.
(Photo: Passersby stand before a stock market indicator board in Tokyo, Japan, 2 September, 2026. Tokyo stocks plunged as Japanese government bond yields rose to its highest level in 30 years and escalating attacks between the United States and Iran. Credit: Franck Robichon/EPA/Shutterstock)
Presenter: Rahul Tandon
Producer: Matt Lines
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