Qantas Unveils Wellness-Focused Nonstop Sydney-London Flights to Reduce Jet Lag 
US Raises Concerns Over Possible ASML EUV Machine Transfer to China 
Jio IPO Filing Nears as Reliance Targets $4 Billion Market Debut 
Apple Signals Product Price Hikes Amid Rising Memory Chip Costs 
Hyundai to Acquire SoftBank’s Remaining Boston Dynamics Stake for $325 Million 
Trump Administration Delays DeepSeek and CXMT Trade Blacklist Designations Amid U.S.-China Tensions 
Trump Says Anthropic No Longer Seen as National Security Threat 
Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity 
Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race 
SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions 
Obayashi to Acquire Multiplex in $526M Expansion Deal 
Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks 
SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow 
Qantas Nears Launch of World’s Longest Non-Stop Flights to London and New York 
Ukrainian Drone Makers Target Japan and Asia Defense Market 
GameStop (NYSE: GME) has increased its ownership stake in eBay (NASDAQ: EBAY) to approximately 6.6%, according to a new filing submitted Wednesday to the U.S. Securities and Exchange Commission (SEC). The latest disclosure highlights growing pressure from GameStop CEO Ryan Cohen as he continues pursuing a bold acquisition strategy targeting the e-commerce giant.
The SEC filing revealed that GameStop now holds 25,000 shares of eBay common stock directly, along with additional exposure through put and call option positions. Combined, these holdings represent roughly 6.55% of eBay’s outstanding shares, up from the company’s previous stake of around 5%.
The increased investment comes shortly after Cohen made an unsolicited proposal earlier this month to acquire eBay in a deal valued at nearly $56 billion. The offer caught Wall Street by surprise, especially since eBay’s market value is significantly larger than GameStop’s. eBay ultimately rejected the proposal, calling it “neither credible nor attractive.”
Despite the rejection, Cohen has publicly stated that he remains determined to move forward with the acquisition effort. Market analysts believe the larger stake could give GameStop more influence and potentially position the company to pursue shareholder-focused actions, including the possibility of requesting a special meeting.
Investor attention surrounding both companies has intensified in recent weeks. eBay stock has climbed approximately 35% in 2026, supported by stronger-than-expected first-quarter earnings and continued expansion into fast-growing categories such as collectibles and luxury resale. Meanwhile, GameStop shares have gained around 9% this year, although the stock remains significantly below levels seen when Cohen first became chairman in 2021.
The ongoing developments between GameStop and eBay continue to attract strong interest from investors, traders, and market analysts watching one of the most unexpected corporate takeover stories of the year.
