Saturday, April 1, 2023

How GameStop chairman Ryan Cohen abandoned the company's e-commerce push to refocus on its ~4.4K stores, leading to GameStop's first profit in two years (Wall Street Journal)

Wall Street Journal:
How GameStop chairman Ryan Cohen abandoned the company's e-commerce push to refocus on its ~4.4K stores, leading to GameStop's first profit in two years  —  Videogame retailer, the original meme stock, hits brakes on e-commerce push to refocus on its 4,400 bricks-and-mortar locations



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Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq 100's 35, fueled by Beijing's tech push and an investor frenzy (William Sandlund/Financial Times)

William Sandlund / Financial Times : Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq...