GameStop shares fell over 10% after CEO Ryan Cohen sidestepped questions on funding its $55.5 billion bid for eBay. The proposed half-cash, half-stock deal faces a funding gap despite planned debt and cash use. eBay has not engaged, while Cohen may pursue a proxy fight if required.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to