GameStop’s potential new strategy: Let Ryan Cohen buy other stocks with company cash

[ad_1] A GameStop store in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images Struggling retailer GameStop is giving its CEO and chair Ryan Cohen…

‘T-bill and chill’: Why Jack Bogle’s strategy of ‘lazy’ investing is making a comeback

[ad_1] With the meme-stock rally in the review mirror, individual investors are rediscovering a philosophy made famous by Vanguard’s founder, Jack Bogle. Fans call themselves “Bogleheads,” and espouse the virtues…

GameStop’s survival demands ‘extreme frugality,’ CEO Ryan Cohen tells employees

[ad_1] A GameStop location on 6th Avenue in New York on March 23, 2021. View Press | Corbis News | Getty Images Just hours after being named GameStop‘s CEO, Ryan…

GameStop names Ryan Cohen as CEO effective immediately

[ad_1] GameStop Chairman Ryan Cohen. Source: CNBC GameStop said Thursday morning that billionaire activist investor Ryan Cohen would take over as the video game retailer’s chief executive. Shares of the…

Apple and Goldman were planning stock-trading feature for iPhones until markets turned last year

[ad_1] As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on an investing feature that would let consumers buy and…

How GameStop’s Ryan Cohen became the ‘meme king’

[ad_1] In Reddit communities such as R/Superstonk or R/BBBY, Chewy co-founder and GameStop Chairman Ryan Cohen is often hailed as a hero, memorialized in face-swap memes or placed at the…

CNBC Daily Open: How quickly prospects change

[ad_1] Chris Licht, Chairman and CEO, CNN Worldwide, speaks onstage during the Warner Bros. Discovery Upfront 2023 at The Theater at Madison Square Garden on May 17, 2023 in New…

GameStop fires CEO, names Ryan Cohen executive chairman; shares plummet

[ad_1] Ryan Cohen from an appearance on CNC. CNBC GameStop fired its CEO Matthew Furlong and appointed its board chairman Ryan Cohen as executive chairman effective immediately, the company said…

Nordstrom tops Wall Street’s first-quarter sales expectations, even as shoppers spend less

[ad_1] Shoppers walk into a Nordstrom department store in Austin, Texas, March 3, 2023. Brandon Bell | Getty Images Nordstrom‘s fiscal first-quarter sales topped Wall Street’s expectations on Wednesday, even…

Sony teases 2023 film slate, including R-rated ‘Kraven The Hunter’

[ad_1] Tom Holland is Spider-Man in the Sony-Marvel film “Spider-Man: No Way Home.” Sony LAS VEGAS — CinemaCon kicked off Monday with a major announcement from Sony Pictures — its…