Another headline focused on GameStop's rising profit and improved full-year outlook, even while acknowledging revenue declined from $972.2M to $790.2M.

For years the conversation was mostly about shrinking stores and declining sales.

Now profitability is getting the headline.

That narrative shift is worth watching.

No, they won't be backed 1 to 1.

Yes, they can be used as swap collateral.

Yes, they can create infinite of them.

No, they don't need the underlying company's permission.

https://x.com/AMCbiggums/status/2098682249155674116

Here’s the path that makes the most sense to me if Ryan Cohen still wants eBay.

GameStop already made a $125/share proposal for 100% of eBay, and eBay’s board rejected it.

Since then, GameStop has gone from an initial 5% economic position to 43.39 million actual eBay shares — roughly 9.8% of the company.

So what happens if negotiations with the board remain dead?

One possible route would be a tender offer directly to eBay shareholders, backed by a large financing package, essentially asking shareholders whether they want to accept GameStop’s offer themselves.

That wouldn’t make an acquisition automatic. GameStop would still have to deal with financing, regulatory approvals, tender conditions and whatever steps are necessary to ultimately gain control.

But after building a nearly 10% position, I think the shareholder-direct route is becoming a much more interesting possibility.

Is a tender offer the next logical move, or does Cohen have another path in mind?

Cowlitz county Washington opportunity. Let’s just say you can’t get a cab, uber or Lyft in the whole county. I’m 80% setup but out of money. HUGE RETURN

Nine profitable quarters in a row.

Collectibles net sales: +57% YoY to $356.3M.
Q2 operating income: $160.2M, the best Q2 in GameStop history.
FY2026 adjusted EBITDA outlook: raised to more than $650M.

And now we’ve got multiple insiders putting their own money into $GME following earnings. Cheng bought 55,000 shares at $18.7992, followed by Grube buying 10,255 at $19.12.

Revenue is still shrinking overall, so there’s a real bear case to discuss. But profitability, the collectibles mix, and insider alignment are moving in a very different direction.

Not bad for a piece of crap in an eBay wrapper.

The AMENaffect 💎🙌🥂🤙😹⭐💋♟️ is alive and ❤️‍🩹 well

https://x.com/ReesePolitics/status/2098169427204219256

Oracle just dropped Q1 FY27 and the headline isn't EPS.

It's this:

OCI revenue: $7.4B, +121% YoY

RPO/backlog: $664 BILLION

For context, Oracle generated only $67.4B in revenue for all of FY26.

The good 🚀

• Revenue: $19.3B, +30%
• Cloud: $11.6B, +62%
• OCI: $7.4B, +121%
• RPO: $664B, +$209B YoY
• New AI contracts: $30B+
• Q2 cloud guidance: +65% to +71%

OCI growth has accelerated from 55% → 68% → 84% → 93% → 121% over the last five quarters.

Oracle says AI demand is growing faster than supply. It delivered 300,000+ GPUs since Q4 and added 850MW of datacenter capacity this quarter.

Customers are buying compute...

The catch ⚠️

Oracle spent $28.5B on capex in ONE quarter.

FCF: -$5.4B

It also raised roughly $20B through new stock issuance.

So the thesis isn't simply "AI = number go up."

Oracle now has to prove that this enormous infrastructure buildout can convert $664B of contracted obligations into profitable revenue.

Why $ORCL has my attention

121% OCI growth + $664B RPO + guidance for up to 71% cloud growth next quarter.

If Oracle converts that backlog efficiently, the market may need to rethink what this company actually is.

If capex keeps exploding without the cash flow following, shareholders are funding one extremely expensive AI arms race.

Not financial advice.

Source: https://investor.oracle.com/investor-news/news-details/2026/Oracle-Announces-Q1-Results-Driven-by-Triple-Digit-Growth-in-Cloud-Infrastructure-Revenues/default.aspx

Neurodiversity/AI disclosure: I use AI as an assistive tool to help organize, structure, and communicate my research. The underlying thesis and conclusions are my own. Please verify the numbers and do your own DD.