Gamestop Stock News

The video game retailer is planning to create a marketplace for nonfungible token, or NFTs.

Futures Rise Ahead Of Jobs Data That Could "Wreak Havoc In Markets" US index futures climbed on Friday, paring this weeks losses fractionally as investors braced for jobs data that should provide clues about the pace of Fed tightening and which is expected to come in strong (whisper number at 502k, above 447k estimate, up from 210K last month; Wednesdays ADP print was 807k, well above 410k estimate, our full preview is here ) but not too strong - remember we now live in a "good news is bad news" world - or else the market will freak out that the Fed will hike even faster than is currently expected. Nasdaq futures also showed signs of recovery after a three-day selloff even as cryptocurrencies crashed again during the Asian session. As of 730am, emini S&P futures were up 4 points or 0.1%, Nasdaq futures were 0.24% higher, or 37 points and Dow futures were unchanged.Treasuries were steady, with the two-year yield heading for the biggest weekly spike since October 2019. Crude oil headed for the longest streak of weekly gains since October on tightening supplies.

Supreme Court to consider Bidens worker vaccine mandates, GameStop pops on crypto and NFT marketplace plans, oil back to pre-Omicron levels and Shell gives buyback update, and other news to start your day.

Meme mania took a pause in the second half of 2021. But could NFT trigger another bullish wave that sends GME stock price higher in the new year?

GameStop is reportedly developing an NFT marketplace, and is making deals with cryptocurrency companies to invest in NFT-enabled games. It comes as the company is attempting to overhaul its business.

"GME is back on the menu boyz," ran the headline of a WallStreetBets discussion Friday as GameStop stock surged.

GameStop has reportedly hired 20 members for its new NFT division, and is close to securing partnerships with two crypto firms for NFT game development.

GameStop is launching a division to develop a marketplace for nonfungible tokens (NFTs) and establish cryptocurrency partnerships, a source familiar with the matter said on Thursday, boosting the video game retailers shares 27% in extended trading. GameStop declined to comment. The Wall Street Journal first reported the news citing people familiar with the matter. The video

Markets fell in the regular session, but the ultimate meme stock has reportedly pulled another rabbit out of its hat.

Despite a very loud #AMCDay campaign, the popcorn meme stock fell Thursday while GameStop eked out a small gain but soared after-hours thanks to some

The videogame retailer is making a division for cryptocurrency partnerships, while building an NFT marketplace, a person familiar with the plans said on Thursday.

GameStop Corp. shares point to a double-digit surge after a report that it is launching a division to develop a marketplace for nonfungible tokens, or NFTs.

Rumors of video game retailer GameStop Corp (NYSE:GME) enteri

Rumors of video game retailer GameStop Corp (NYSE: GME ) entering the non-fungible token space started in April 2021 with job postings seeking someone with experience in NFTs, cryptocurrency and blockchain technologies. A new report shows an NFT marketplace from the company could be imminent. What Happened: GameStop is launching a division to develop an NFT marketplace and launch cryptocurrency partnerships, according to a Wall Street Journal report . Over 20 people have been hired to run the unit, which will serve as a marketplace to buy, sell and trade NFTs of virtual video game goods that could include avatar outfits and weapons. The company is asking select game developers and publishers to list NFTs on its marketplace when it launches later this year, WSJ reports. GameStop is also nearing two partnerships in the cryptocurrency space, according to the Full story available on Benzinga.com

Check out the companies making headlines in after-hours trading.