As sales declined overall, GameStop, which launched an NFT marketplace in July, pointed to growth of some newer businesses.SAN RAFAEL, CALIFORNIA - DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will report third quarter earnings today after the closing bell. said Wednesday that quarterly sales declined and losses widened, as its inventory of video game equipment and more swelled.
In the second fiscal quarter ended July 30, the video game retailer's total sales dropped to $1.14 billion from $1.18 billion in the year-ago period. Its losses widened to $108.7 million, or 36 cents per share, compared with a loss of $61.6 million, or 21 cents, a year prior.Inventory ballooned to $734.8 million at the close of the quarter. That's up from $596.4 million at the close of the prior year's second quarter.
Crypto bandwagon collaborations never last long. They bring no value, they’re a waste of energy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance: No plans to auto-convert Tether, though that ‘may change’After announcing it would be ceasing trading support for USDC and two other stablecoins, crypto exchange Binance confirmed there are no plans to do the same for Tether USDT at the moment. Everyone wants BTC it’s all time highs but then ignores it when it’s cheap. BTC is going to make a strong come back Most of the crypto crash are temporary Bravo Carlostrader0 is a super underrated bitcoiner her tweet & tips have been helpful, I've been doing superb Follow him Hmm 🤔 Binance will make $BUSD great again by delist all stablecoins on their exchange, even for $USDT
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin falls below $19,000 as Ethereum upgrade kicks into full gearWhat's behind the latest crypto price moves? KenzieSigalos joins CNBCWEX to break it all down.
Source: CNBC - 🏆 12. / 72 Read more »
Who Benefits From Binance Converting USDC to Its Own Stablecoin?Binance said it will auto-convert several stablecoins to BUSD to improve liquidity and capital efficiency on the exchange – in a way that might benefit Circle. Opinion by danielgkuhn for 'The Node' newsletter. DanielGKuhn What is Circle ?
Source: CoinDesk - 🏆 291. / 63 Read more »
Fuel Labs raises $80 million for modular execution layer, touting superior speedFuel Labs, a startup that aims to quicken crypto transactions, has announced an $80 million raise from some of the sector’s heavyweights. Check out what these VCs are betting on in this short breakdown of Fuel and l222s Huge money in crypto pouring. Signal pump Why would a team choose to build on fuellabs_ ?
Source: TheBlock__ - 🏆 464. / 53 Read more »
Crypto Exchange Bybit Barred From Brokering Securities in BrazilThe Brazilian Securities and Exchange Commission (cvmgovbr) banned the Singapore-based cryptocurrency exchange Bybit_Official from brokering securities. oalvespaulo reports cvmgovbr Bybit_Official oalvespaulo Why you not talking aboout this!. cvmgovbr Bybit_Official oalvespaulo Why is nooboody talkingQLOP aboout this? cvmgovbr Bybit_Official oalvespaulo
Source: CoinDesk - 🏆 291. / 63 Read more »
Crypto Exchange KuCoin Highlights Flaws in DeFi Platform Acala's Post-Exploit ProposalCrypto exchange kucoincom has pointed out possible factual errors in a community proposal from DeFi platform AcalaNetwork following the network’s mid-August $3 billion exploit. LizKNapolitano reports kucoincom AcalaNetwork LizKNapolitano 🚀 Thnks a millon. kucoincom AcalaNetwork LizKNapolitano How comee everyonee is silent on thiss kucoincom AcalaNetwork LizKNapolitano How comee everyonee is silent on thiss
Source: CoinDesk - 🏆 291. / 63 Read more »