American video-game retailer and meme-stock icon
Sony has announced it will stop releasing new PlayStation games on physical discs from January 2028. New titles will be sold through the PlayStation Store or as retailer-issued download codes. The move follows rising digital sales — roughly 78–85% of full-game purchases in recent fiscal results — and comes as publishers and retailers already shift away from discs.
eBay has rejected GameStop CEO Ryan Cohen’s unsolicited $125-per-share offer — about $55.5bn — after its board has reviewed the proposal and found uncertainty in financing, added leverage and operational risks. GameStop has built roughly a 5% stake in eBay and has signalled it will consider taking the offer directly to shareholders.
Wendy’s has surged on Wednesday in a Reddit-driven rally tied to meme-stock dynamics. The moves come as the company announces leadership changes, while traders weigh short interest and potential upside despite a weak operating backdrop.