Amazon stock falls 10% on $200 billion spending forecast, earnings miss. Amazon posted mixed results for the fourth quarter. The company also said it expects capital expenditures to hit roughly $200 billion in 2026. Tech companies have aggressively ramped up their spending forecasts to seize artificial intelligence demand. February 5, 2026 by
Bob’s Discount Furniture closes flat in NYSE trading debut after pricing at $17 a share. Bob’s Discount Furniture debuted Thursday on the New York Stock Exchange. The company’s stock barely budged after it priced its IPO at $17 per share. The company plans to grow to more than 500 stores by 2035, according to its S-1 filing. February 5, 2026 by
Peloton shares plunge more than 20% on weak holiday quarter, sluggish demand for splashy new products. Peloton missed Wall Street’s expectations on the top and bottom lines and fell short of its internal sales targets during its crucial holiday quarter. The misses come after the connected fitness company overhauled its product assortment and raised prices for both hardware and subscriptions. Despite worse-than-expected sales, Peloton is continuing to improve its profitability and raised its full-year adjusted EBITDA guidance. February 5, 2026 by
GameStop’s Ryan Cohen eyes Ôvery big’ consumer megadeal that could increase company’s value tenfold. GameStop hopes to pull off a “very, very, very big” acquisition of a larger consumer company, its CEO Ryan Cohen told CNBC. Cohen did not say whether he would sell the company’s bitcoin to try to pull off the deal. If Cohen can grow GameStop to a $100 billion market cap, about 10 times its current value, he stands to reap a massive payday. January 30, 2026 by
Amazon laying off about 16,000 corporate workers in latest anti-bureaucracy push. Amazon is laying off about 16,000 corporate workers in its latest push to reduce bureaucracy. It marks the second round of mass job cuts at the company since last October. A day earlier, some employees in Amazon’s cloud unit received an email sent in an apparent error acknowledging “organizational changes” at the company. January 28, 2026 by
Allbirds becomes latest retailer to close brick-and-mortar stores in shift to online focus. Allbirds announced Wednesday that it will close all of its full-price U.S. stores and shift its focus to e-commerce to boost profitability. The company will continue to operate two outlet stores in the U.S. and two full-price stores in London. It joins a growing number of companies prioritizing e-commerce over physical retail. January 28, 2026 by
GameStop shares move higher after Michael Burry says he’s been buying the stock. Michael Burry, famed for his bet against the U.S. housing market ahead of the financial crisis, said in a Substack post that he’s been buying shares of GameStop. He said this is a long-term value play rather than a wager on renewed meme-stock speculation. “I am not counting on a short squeeze to realize long-term value,” Burry wrote. “I believe in Ryan [Cohen, CEO of GameStop], I like the setup, the governance, the strategy as I see it.” January 26, 2026 by
Amazon threatens ‘drastic’ action after Saks bankruptcy, says $475M stake is now worthless January 15, 2026 by
