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2024-03-28

$Tesla Motors(TSLA)$

Nvidia Stock Slips. Why It Might Lose Out in a Frothy Market

2024-03-28

[Surprised]

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2024-03-28

$Tiger Brokers(TIGR)$

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2024-03-28

$Tesla Motors(TSLA)$

2024-03-28

$Tiger Brokers(TIGR)$

GameStop Stock Tumbles 14% on Top- and Bottom-Line Misses for Fourth Quarter

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Why It Might Lose Out in a Frothy Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1138196369","media":"Dow Jones","summary":"Nvidia dropped again on Wednesday, after a rare stumble the previous day.The chip maker has consolidated gains following the unveiling of its new Blackwell chips but it might lose some steam as retail","content":"<html><head></head><body><p>Nvidia dropped again on Wednesday, after a rare stumble the previous day.</p><p style=\"text-align: start;\">The chip maker has consolidated gains following the unveiling of its new Blackwell chips but it might lose some steam as retail traders search for more volatile stocks.</p><p>Nvidia shares dropped 2.5% at $902.5 on Wednesday. The stock closed down 2.6% at $925.61 on Tuesday after reaching a new closing high the day before. And the shares fell another 0.7% in premarket trading Thursday.</p><p>With the market still digesting the announcements from Nvidia’s developer event last week, there aren’t many new catalysts for the stock.</p><p>That means retail traders driving the frothiest market action might shift their attention away from Nvidia in the short term at least and toward companies such as Reddit and Trump Media &amp; Technology Group which are grabbing the headlines.</p><p style=\"text-align: start;\">“While monetary conditions are hardly as loose right now, it is nonetheless apparent that we have been in a market that has been driven by momentum,” said Steve Sosnick, chief strategist at Interactive Brokers. “It shouldn’t be a huge shock that some of that momentum has spilled away from companies with demonstrable recent growth, like Nvidia…into those whose bottom-line growth is far from assured.”</p><p style=\"text-align: start;\">That’s not necessarily a bad thing for Nvidia as it should mean it will hold up better if the market does turn more pessimistic. If it does want to get some of the new meme-stock frenzy, the obvious answer would be a stock split which would make its shares more attractive for retail investors. However, there are no signs so far of such a move.</p><p>Among other chip makers, Advanced Micro Devices rose 1% and Intel gained 4.2% on Wednesday, with both companies recovering after being hit earlier in the week bya reportthe Chinese government was aiming to phase out their chips from its devices.</p><p style=\"text-align: start;\">Nvidia shares have risen 82% this year to date through to Wednesday’s close. That compares with a 10% rise in the S&amp;P 500 index and a 9.2% rise in the Nasdaq Composite Index over the same period.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock Slips. Why It Might Lose Out in a Frothy Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Stock Slips. Why It Might Lose Out in a Frothy Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-03-28 17:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nvidia dropped again on Wednesday, after a rare stumble the previous day.</p><p style=\"text-align: start;\">The chip maker has consolidated gains following the unveiling of its new Blackwell chips but it might lose some steam as retail traders search for more volatile stocks.</p><p>Nvidia shares dropped 2.5% at $902.5 on Wednesday. The stock closed down 2.6% at $925.61 on Tuesday after reaching a new closing high the day before. And the shares fell another 0.7% in premarket trading Thursday.</p><p>With the market still digesting the announcements from Nvidia’s developer event last week, there aren’t many new catalysts for the stock.</p><p>That means retail traders driving the frothiest market action might shift their attention away from Nvidia in the short term at least and toward companies such as Reddit and Trump Media &amp; Technology Group which are grabbing the headlines.</p><p style=\"text-align: start;\">“While monetary conditions are hardly as loose right now, it is nonetheless apparent that we have been in a market that has been driven by momentum,” said Steve Sosnick, chief strategist at Interactive Brokers. “It shouldn’t be a huge shock that some of that momentum has spilled away from companies with demonstrable recent growth, like Nvidia…into those whose bottom-line growth is far from assured.”</p><p style=\"text-align: start;\">That’s not necessarily a bad thing for Nvidia as it should mean it will hold up better if the market does turn more pessimistic. If it does want to get some of the new meme-stock frenzy, the obvious answer would be a stock split which would make its shares more attractive for retail investors. However, there are no signs so far of such a move.</p><p>Among other chip makers, Advanced Micro Devices rose 1% and Intel gained 4.2% on Wednesday, with both companies recovering after being hit earlier in the week bya reportthe Chinese government was aiming to phase out their chips from its devices.</p><p style=\"text-align: start;\">Nvidia shares have risen 82% this year to date through to Wednesday’s close. That compares with a 10% rise in the S&amp;P 500 index and a 9.2% rise in the Nasdaq Composite Index over the same period.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138196369","content_text":"Nvidia dropped again on Wednesday, after a rare stumble the previous day.The chip maker has consolidated gains following the unveiling of its new Blackwell chips but it might lose some steam as retail traders search for more volatile stocks.Nvidia shares dropped 2.5% at $902.5 on Wednesday. The stock closed down 2.6% at $925.61 on Tuesday after reaching a new closing high the day before. And the shares fell another 0.7% in premarket trading Thursday.With the market still digesting the announcements from Nvidia’s developer event last week, there aren’t many new catalysts for the stock.That means retail traders driving the frothiest market action might shift their attention away from Nvidia in the short term at least and toward companies such as Reddit and Trump Media & Technology Group which are grabbing the headlines.“While monetary conditions are hardly as loose right now, it is nonetheless apparent that we have been in a market that has been driven by momentum,” said Steve Sosnick, chief strategist at Interactive Brokers. “It shouldn’t be a huge shock that some of that momentum has spilled away from companies with demonstrable recent growth, like Nvidia…into those whose bottom-line growth is far from assured.”That’s not necessarily a bad thing for Nvidia as it should mean it will hold up better if the market does turn more pessimistic. If it does want to get some of the new meme-stock frenzy, the obvious answer would be a stock split which would make its shares more attractive for retail investors. However, there are no signs so far of such a move.Among other chip makers, Advanced Micro Devices rose 1% and Intel gained 4.2% on Wednesday, with both companies recovering after being hit earlier in the week bya reportthe Chinese government was aiming to phase out their chips from its devices.Nvidia shares have risen 82% this year to date through to Wednesday’s close. That compares with a 10% rise in the S&P 500 index and a 9.2% rise in the Nasdaq Composite Index over the same period.","news_type":1,"symbols_score_info":{"NVDA":1.1}},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289177331802392,"gmtCreate":1711609473841,"gmtModify":1711609489123,"author":{"id":"4174693746594732","authorId":"4174693746594732","name":"Ayism","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4174693746594732","idStr":"4174693746594732"},"themes":[],"htmlText":"[Surprised]&nbsp;&nbsp;","listText":"[Surprised]&nbsp;&nbsp;","text":"[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289177331802392","repostId":"2422018928","repostType":2,"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289176823611488,"gmtCreate":1711609447598,"gmtModify":1711609485677,"author":{"id":"4174693746594732","authorId":"4174693746594732","name":"Ayism","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4174693746594732","idStr":"4174693746594732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;","text":"$Tiger Brokers(TIGR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289176823611488","repostId":"2422018928","repostType":2,"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289059013193976,"gmtCreate":1711595596759,"gmtModify":1711595687769,"author":{"id":"4174693746594732","authorId":"4174693746594732","name":"Ayism","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4174693746594732","idStr":"4174693746594732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp;","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289059013193976","isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289058359992400,"gmtCreate":1711595342851,"gmtModify":1711595682093,"author":{"id":"4174693746594732","authorId":"4174693746594732","name":"Ayism","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4174693746594732","idStr":"4174693746594732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;","text":"$Tiger Brokers(TIGR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289058359992400","repostId":"1105798184","repostType":4,"repost":{"id":"1105798184","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1711526619,"share":"https://ttm.financial/m/news/1105798184?lang=en_US&edition=fundamental","pubTime":"2024-03-27 16:03","market":"us","language":"en","title":"GameStop Stock Tumbles 14% on Top- and Bottom-Line Misses for Fourth Quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=1105798184","media":"Tiger Newspress","summary":"GameStop Corp.'s shares tumbled 14% in premarket trading Wednesday, after the videogame retailer and original meme stock missed analysts' top- and bottom-line estimates in its fourth-quarter results.T","content":"<html><head></head><body><p>GameStop Corp.&#39;s shares tumbled 14% in premarket trading Wednesday, after the videogame retailer and original meme stock missed analysts&#39; top- and bottom-line estimates in its fourth-quarter results.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e74cf76e0bec8184424d503009a5789\" tg-width=\"842\" tg-height=\"623\"/></p><p>The company reported net income of $63.1 million, or 21 cents a share, compared with $48.2 million, or 16 cents a share, in the year-earlier quarter. On an adjusted per-share basis, GameStop earned 22 cents a share, whereas analysts surveyed by FactSet were expecting earnings of 30 cents a share.</p><p>Revenue in the fourth quarter was $1.794 billion, compared with $2.226 billion in the previous year&#39;s quarter. Analysts expected GameStop to report revenue of $2.050 billion.</p><p>During its 2023 fiscal year, GameStop&#39;s net sales in the United States, Canada and Australia decreased by 16.2%, 15% and 11.2%, respectively, compared to the prior year. Net sales in Europe increased by 14.1%.</p><p>The company exited the quarter with cash and cash equivalents of $1.199 billion, compared with $1.210 billion at the end of the previous quarter.</p><p>As of Feb. 3, GameStop had a total of 4,169 retail stores, down from 4,413 on Jan. 28, 2023.</p><p>GameStop is not hosting a conference call to discuss its results.</p><p>The company saw major leadership changes last year. GameStop fired CEO Matthew Furlong in June and announced that its board had elected activist investor Ryan Cohen as executive chair. Cohen was named CEO in September, the latest chapter in his attempt to breathe new life into the company.</p><p>Last year, GameStop&#39;s board of directors also approved a new investment policy that lets the company invest in equity securities, among other investments. GameStop&#39;s board has given Cohen the authority to manage the investment portfolio.</p><p>GameStop shares have fallen 11.6% in 2024 so far, compared with the S&amp;P 500 index&#39;s gain of 9.1%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Tumbles 14% on Top- and Bottom-Line Misses for Fourth Quarter</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Tumbles 14% on Top- and Bottom-Line Misses for Fourth Quarter\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-03-27 16:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>GameStop Corp.&#39;s shares tumbled 14% in premarket trading Wednesday, after the videogame retailer and original meme stock missed analysts&#39; top- and bottom-line estimates in its fourth-quarter results.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e74cf76e0bec8184424d503009a5789\" tg-width=\"842\" tg-height=\"623\"/></p><p>The company reported net income of $63.1 million, or 21 cents a share, compared with $48.2 million, or 16 cents a share, in the year-earlier quarter. On an adjusted per-share basis, GameStop earned 22 cents a share, whereas analysts surveyed by FactSet were expecting earnings of 30 cents a share.</p><p>Revenue in the fourth quarter was $1.794 billion, compared with $2.226 billion in the previous year&#39;s quarter. Analysts expected GameStop to report revenue of $2.050 billion.</p><p>During its 2023 fiscal year, GameStop&#39;s net sales in the United States, Canada and Australia decreased by 16.2%, 15% and 11.2%, respectively, compared to the prior year. Net sales in Europe increased by 14.1%.</p><p>The company exited the quarter with cash and cash equivalents of $1.199 billion, compared with $1.210 billion at the end of the previous quarter.</p><p>As of Feb. 3, GameStop had a total of 4,169 retail stores, down from 4,413 on Jan. 28, 2023.</p><p>GameStop is not hosting a conference call to discuss its results.</p><p>The company saw major leadership changes last year. GameStop fired CEO Matthew Furlong in June and announced that its board had elected activist investor Ryan Cohen as executive chair. Cohen was named CEO in September, the latest chapter in his attempt to breathe new life into the company.</p><p>Last year, GameStop&#39;s board of directors also approved a new investment policy that lets the company invest in equity securities, among other investments. GameStop&#39;s board has given Cohen the authority to manage the investment portfolio.</p><p>GameStop shares have fallen 11.6% in 2024 so far, compared with the S&amp;P 500 index&#39;s gain of 9.1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105798184","content_text":"GameStop Corp.'s shares tumbled 14% in premarket trading Wednesday, after the videogame retailer and original meme stock missed analysts' top- and bottom-line estimates in its fourth-quarter results.The company reported net income of $63.1 million, or 21 cents a share, compared with $48.2 million, or 16 cents a share, in the year-earlier quarter. On an adjusted per-share basis, GameStop earned 22 cents a share, whereas analysts surveyed by FactSet were expecting earnings of 30 cents a share.Revenue in the fourth quarter was $1.794 billion, compared with $2.226 billion in the previous year's quarter. Analysts expected GameStop to report revenue of $2.050 billion.During its 2023 fiscal year, GameStop's net sales in the United States, Canada and Australia decreased by 16.2%, 15% and 11.2%, respectively, compared to the prior year. Net sales in Europe increased by 14.1%.The company exited the quarter with cash and cash equivalents of $1.199 billion, compared with $1.210 billion at the end of the previous quarter.As of Feb. 3, GameStop had a total of 4,169 retail stores, down from 4,413 on Jan. 28, 2023.GameStop is not hosting a conference call to discuss its results.The company saw major leadership changes last year. GameStop fired CEO Matthew Furlong in June and announced that its board had elected activist investor Ryan Cohen as executive chair. Cohen was named CEO in September, the latest chapter in his attempt to breathe new life into the company.Last year, GameStop's board of directors also approved a new investment policy that lets the company invest in equity securities, among other investments. GameStop's board has given Cohen the authority to manage the investment portfolio.GameStop shares have fallen 11.6% in 2024 so far, compared with the S&P 500 index's gain of 9.1%.","news_type":1,"symbols_score_info":{"GME":1.1}},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":289207026704680,"gmtCreate":1711616724229,"gmtModify":1711616726420,"author":{"id":"4174693746594732","authorId":"4174693746594732","name":"Ayism","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4174693746594732","idStr":"4174693746594732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp;","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289207026704680","repostId":"1138196369","repostType":2,"repost":{"id":"1138196369","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1711616400,"share":"https://ttm.financial/m/news/1138196369?lang=en_US&edition=fundamental","pubTime":"2024-03-28 17:00","market":"us","language":"en","title":"Nvidia Stock Slips. Why It Might Lose Out in a Frothy Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1138196369","media":"Dow Jones","summary":"Nvidia dropped again on Wednesday, after a rare stumble the previous day.The chip maker has consolidated gains following the unveiling of its new Blackwell chips but it might lose some steam as retail","content":"<html><head></head><body><p>Nvidia dropped again on Wednesday, after a rare stumble the previous day.</p><p style=\"text-align: start;\">The chip maker has consolidated gains following the unveiling of its new Blackwell chips but it might lose some steam as retail traders search for more volatile stocks.</p><p>Nvidia shares dropped 2.5% at $902.5 on Wednesday. The stock closed down 2.6% at $925.61 on Tuesday after reaching a new closing high the day before. And the shares fell another 0.7% in premarket trading Thursday.</p><p>With the market still digesting the announcements from Nvidia’s developer event last week, there aren’t many new catalysts for the stock.</p><p>That means retail traders driving the frothiest market action might shift their attention away from Nvidia in the short term at least and toward companies such as Reddit and Trump Media &amp; Technology Group which are grabbing the headlines.</p><p style=\"text-align: start;\">“While monetary conditions are hardly as loose right now, it is nonetheless apparent that we have been in a market that has been driven by momentum,” said Steve Sosnick, chief strategist at Interactive Brokers. “It shouldn’t be a huge shock that some of that momentum has spilled away from companies with demonstrable recent growth, like Nvidia…into those whose bottom-line growth is far from assured.”</p><p style=\"text-align: start;\">That’s not necessarily a bad thing for Nvidia as it should mean it will hold up better if the market does turn more pessimistic. If it does want to get some of the new meme-stock frenzy, the obvious answer would be a stock split which would make its shares more attractive for retail investors. However, there are no signs so far of such a move.</p><p>Among other chip makers, Advanced Micro Devices rose 1% and Intel gained 4.2% on Wednesday, with both companies recovering after being hit earlier in the week bya reportthe Chinese government was aiming to phase out their chips from its devices.</p><p style=\"text-align: start;\">Nvidia shares have risen 82% this year to date through to Wednesday’s close. That compares with a 10% rise in the S&amp;P 500 index and a 9.2% rise in the Nasdaq Composite Index over the same period.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock Slips. Why It Might Lose Out in a Frothy Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Stock Slips. Why It Might Lose Out in a Frothy Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-03-28 17:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nvidia dropped again on Wednesday, after a rare stumble the previous day.</p><p style=\"text-align: start;\">The chip maker has consolidated gains following the unveiling of its new Blackwell chips but it might lose some steam as retail traders search for more volatile stocks.</p><p>Nvidia shares dropped 2.5% at $902.5 on Wednesday. The stock closed down 2.6% at $925.61 on Tuesday after reaching a new closing high the day before. And the shares fell another 0.7% in premarket trading Thursday.</p><p>With the market still digesting the announcements from Nvidia’s developer event last week, there aren’t many new catalysts for the stock.</p><p>That means retail traders driving the frothiest market action might shift their attention away from Nvidia in the short term at least and toward companies such as Reddit and Trump Media &amp; Technology Group which are grabbing the headlines.</p><p style=\"text-align: start;\">“While monetary conditions are hardly as loose right now, it is nonetheless apparent that we have been in a market that has been driven by momentum,” said Steve Sosnick, chief strategist at Interactive Brokers. “It shouldn’t be a huge shock that some of that momentum has spilled away from companies with demonstrable recent growth, like Nvidia…into those whose bottom-line growth is far from assured.”</p><p style=\"text-align: start;\">That’s not necessarily a bad thing for Nvidia as it should mean it will hold up better if the market does turn more pessimistic. If it does want to get some of the new meme-stock frenzy, the obvious answer would be a stock split which would make its shares more attractive for retail investors. However, there are no signs so far of such a move.</p><p>Among other chip makers, Advanced Micro Devices rose 1% and Intel gained 4.2% on Wednesday, with both companies recovering after being hit earlier in the week bya reportthe Chinese government was aiming to phase out their chips from its devices.</p><p style=\"text-align: start;\">Nvidia shares have risen 82% this year to date through to Wednesday’s close. That compares with a 10% rise in the S&amp;P 500 index and a 9.2% rise in the Nasdaq Composite Index over the same period.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138196369","content_text":"Nvidia dropped again on Wednesday, after a rare stumble the previous day.The chip maker has consolidated gains following the unveiling of its new Blackwell chips but it might lose some steam as retail traders search for more volatile stocks.Nvidia shares dropped 2.5% at $902.5 on Wednesday. The stock closed down 2.6% at $925.61 on Tuesday after reaching a new closing high the day before. And the shares fell another 0.7% in premarket trading Thursday.With the market still digesting the announcements from Nvidia’s developer event last week, there aren’t many new catalysts for the stock.That means retail traders driving the frothiest market action might shift their attention away from Nvidia in the short term at least and toward companies such as Reddit and Trump Media & Technology Group which are grabbing the headlines.“While monetary conditions are hardly as loose right now, it is nonetheless apparent that we have been in a market that has been driven by momentum,” said Steve Sosnick, chief strategist at Interactive Brokers. “It shouldn’t be a huge shock that some of that momentum has spilled away from companies with demonstrable recent growth, like Nvidia…into those whose bottom-line growth is far from assured.”That’s not necessarily a bad thing for Nvidia as it should mean it will hold up better if the market does turn more pessimistic. If it does want to get some of the new meme-stock frenzy, the obvious answer would be a stock split which would make its shares more attractive for retail investors. However, there are no signs so far of such a move.Among other chip makers, Advanced Micro Devices rose 1% and Intel gained 4.2% on Wednesday, with both companies recovering after being hit earlier in the week bya reportthe Chinese government was aiming to phase out their chips from its devices.Nvidia shares have risen 82% this year to date through to Wednesday’s close. That compares with a 10% rise in the S&P 500 index and a 9.2% rise in the Nasdaq Composite Index over the same period.","news_type":1,"symbols_score_info":{"NVDA":1.1}},"isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289058359992400,"gmtCreate":1711595342851,"gmtModify":1711595682093,"author":{"id":"4174693746594732","authorId":"4174693746594732","name":"Ayism","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4174693746594732","idStr":"4174693746594732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;","text":"$Tiger Brokers(TIGR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289058359992400","repostId":"1105798184","repostType":4,"repost":{"id":"1105798184","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1711526619,"share":"https://ttm.financial/m/news/1105798184?lang=en_US&edition=fundamental","pubTime":"2024-03-27 16:03","market":"us","language":"en","title":"GameStop Stock Tumbles 14% on Top- and Bottom-Line Misses for Fourth Quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=1105798184","media":"Tiger Newspress","summary":"GameStop Corp.'s shares tumbled 14% in premarket trading Wednesday, after the videogame retailer and original meme stock missed analysts' top- and bottom-line estimates in its fourth-quarter results.T","content":"<html><head></head><body><p>GameStop Corp.&#39;s shares tumbled 14% in premarket trading Wednesday, after the videogame retailer and original meme stock missed analysts&#39; top- and bottom-line estimates in its fourth-quarter results.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e74cf76e0bec8184424d503009a5789\" tg-width=\"842\" tg-height=\"623\"/></p><p>The company reported net income of $63.1 million, or 21 cents a share, compared with $48.2 million, or 16 cents a share, in the year-earlier quarter. On an adjusted per-share basis, GameStop earned 22 cents a share, whereas analysts surveyed by FactSet were expecting earnings of 30 cents a share.</p><p>Revenue in the fourth quarter was $1.794 billion, compared with $2.226 billion in the previous year&#39;s quarter. Analysts expected GameStop to report revenue of $2.050 billion.</p><p>During its 2023 fiscal year, GameStop&#39;s net sales in the United States, Canada and Australia decreased by 16.2%, 15% and 11.2%, respectively, compared to the prior year. Net sales in Europe increased by 14.1%.</p><p>The company exited the quarter with cash and cash equivalents of $1.199 billion, compared with $1.210 billion at the end of the previous quarter.</p><p>As of Feb. 3, GameStop had a total of 4,169 retail stores, down from 4,413 on Jan. 28, 2023.</p><p>GameStop is not hosting a conference call to discuss its results.</p><p>The company saw major leadership changes last year. GameStop fired CEO Matthew Furlong in June and announced that its board had elected activist investor Ryan Cohen as executive chair. Cohen was named CEO in September, the latest chapter in his attempt to breathe new life into the company.</p><p>Last year, GameStop&#39;s board of directors also approved a new investment policy that lets the company invest in equity securities, among other investments. GameStop&#39;s board has given Cohen the authority to manage the investment portfolio.</p><p>GameStop shares have fallen 11.6% in 2024 so far, compared with the S&amp;P 500 index&#39;s gain of 9.1%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Tumbles 14% on Top- and Bottom-Line Misses for Fourth Quarter</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Tumbles 14% on Top- and Bottom-Line Misses for Fourth Quarter\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-03-27 16:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>GameStop Corp.&#39;s shares tumbled 14% in premarket trading Wednesday, after the videogame retailer and original meme stock missed analysts&#39; top- and bottom-line estimates in its fourth-quarter results.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6e74cf76e0bec8184424d503009a5789\" tg-width=\"842\" tg-height=\"623\"/></p><p>The company reported net income of $63.1 million, or 21 cents a share, compared with $48.2 million, or 16 cents a share, in the year-earlier quarter. On an adjusted per-share basis, GameStop earned 22 cents a share, whereas analysts surveyed by FactSet were expecting earnings of 30 cents a share.</p><p>Revenue in the fourth quarter was $1.794 billion, compared with $2.226 billion in the previous year&#39;s quarter. Analysts expected GameStop to report revenue of $2.050 billion.</p><p>During its 2023 fiscal year, GameStop&#39;s net sales in the United States, Canada and Australia decreased by 16.2%, 15% and 11.2%, respectively, compared to the prior year. Net sales in Europe increased by 14.1%.</p><p>The company exited the quarter with cash and cash equivalents of $1.199 billion, compared with $1.210 billion at the end of the previous quarter.</p><p>As of Feb. 3, GameStop had a total of 4,169 retail stores, down from 4,413 on Jan. 28, 2023.</p><p>GameStop is not hosting a conference call to discuss its results.</p><p>The company saw major leadership changes last year. GameStop fired CEO Matthew Furlong in June and announced that its board had elected activist investor Ryan Cohen as executive chair. Cohen was named CEO in September, the latest chapter in his attempt to breathe new life into the company.</p><p>Last year, GameStop&#39;s board of directors also approved a new investment policy that lets the company invest in equity securities, among other investments. GameStop&#39;s board has given Cohen the authority to manage the investment portfolio.</p><p>GameStop shares have fallen 11.6% in 2024 so far, compared with the S&amp;P 500 index&#39;s gain of 9.1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105798184","content_text":"GameStop Corp.'s shares tumbled 14% in premarket trading Wednesday, after the videogame retailer and original meme stock missed analysts' top- and bottom-line estimates in its fourth-quarter results.The company reported net income of $63.1 million, or 21 cents a share, compared with $48.2 million, or 16 cents a share, in the year-earlier quarter. On an adjusted per-share basis, GameStop earned 22 cents a share, whereas analysts surveyed by FactSet were expecting earnings of 30 cents a share.Revenue in the fourth quarter was $1.794 billion, compared with $2.226 billion in the previous year's quarter. Analysts expected GameStop to report revenue of $2.050 billion.During its 2023 fiscal year, GameStop's net sales in the United States, Canada and Australia decreased by 16.2%, 15% and 11.2%, respectively, compared to the prior year. Net sales in Europe increased by 14.1%.The company exited the quarter with cash and cash equivalents of $1.199 billion, compared with $1.210 billion at the end of the previous quarter.As of Feb. 3, GameStop had a total of 4,169 retail stores, down from 4,413 on Jan. 28, 2023.GameStop is not hosting a conference call to discuss its results.The company saw major leadership changes last year. GameStop fired CEO Matthew Furlong in June and announced that its board had elected activist investor Ryan Cohen as executive chair. Cohen was named CEO in September, the latest chapter in his attempt to breathe new life into the company.Last year, GameStop's board of directors also approved a new investment policy that lets the company invest in equity securities, among other investments. GameStop's board has given Cohen the authority to manage the investment portfolio.GameStop shares have fallen 11.6% in 2024 so far, compared with the S&P 500 index's gain of 9.1%.","news_type":1,"symbols_score_info":{"GME":1.1}},"isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289177331802392,"gmtCreate":1711609473841,"gmtModify":1711609489123,"author":{"id":"4174693746594732","authorId":"4174693746594732","name":"Ayism","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4174693746594732","idStr":"4174693746594732"},"themes":[],"htmlText":"[Surprised]&nbsp;&nbsp;","listText":"[Surprised]&nbsp;&nbsp;","text":"[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289177331802392","repostId":"2422018928","repostType":2,"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289176823611488,"gmtCreate":1711609447598,"gmtModify":1711609485677,"author":{"id":"4174693746594732","authorId":"4174693746594732","name":"Ayism","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4174693746594732","idStr":"4174693746594732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;","text":"$Tiger Brokers(TIGR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289176823611488","repostId":"2422018928","repostType":2,"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":289059013193976,"gmtCreate":1711595596759,"gmtModify":1711595687769,"author":{"id":"4174693746594732","authorId":"4174693746594732","name":"Ayism","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4174693746594732","idStr":"4174693746594732"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a>&nbsp;","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/289059013193976","isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}