2 June, 2026: Historical Turnaround By Ryan Cohen
💣1,426% increase in Operating Income
💣769% increase in Net Income
💣 Almost $1/sh net income in FIRST Q
💣 $2B Share Repurchase APPROVED
$GME Q1 2026 EARNINGS REPORT:
1. Operating income reached $143.3 million, compared to just $10.8 million a year ago. ✔️
2. Net income came in at $389.6 million, up from $44.8 million last year. ✔️
That represents roughly a 770% increase year-over-year.
3. Revenue grew 14% YoY to $835.3 million.
Many expected continued sales declines but GameStop posted solid top line growth this quarter 😮💨
4. SG&A expenses declined to $201.6 million from $228.1 million despite higher sales.
5. GameStop ended the quarter with $9.7 billion in:
Cash
Marketable securities
Digital assets
Related receivables
Derivative collateral
Including:
$8.4B cash and marketable securities
$1.0B derivative collateral
$0.4B digital assets
• THE BREAKING NEWS HERE:
6. The Board approved a new $2.0 billion share repurchase authorization through June 2029.
At a share price around $21:
$2B could retire roughly 95 million shares
More than 20% of the current share count
This does not mean they will immediately buy shares, but management now has the authority to do so whenever they see fit.
Three things matter most:
Revenue growth returned.
Operating profit surged.
A $2B buyback authorization was approved.
The bear thesis that GameStop is simply a declining retailer becomes much harder to defend when the company is producing record operating profits while sitting on nearly $10 billion of liquidity and assets. ✍🏻
GameStop reports highest quarterly net income in company history of $389.6 million. Highest first quarter operating income in GameStop’s history of $143.3 million. Net sales grew 14% year-over-year, driven by collectibles. Cash, marketable securities, digital assets and related receivables, and collateral pledged for derivative asset of $9.7 billion.
https://t.co/BAu3T6V9w4
BREAKING: GameStop releases surprise Q1 2026 earnings with highest quarterly net income in GameStop history with $389.6M.
Also a strong beat 0.30 over expected 0.16 $GME 🚨🚨🚨
Rapeseed was toxic. Gave heart lesions to mice in the '50s.
So they rebranded it “canola” and subsidized it into every kitchen in America.
Seed oils aren’t food. They’re industrial waste with heart healthy labels.
🇺🇸 This woman lives right next to a data center and she's had enough. At night the lights never shut off and the noise never stops, so good luck sleeping.
This is now her everyday life.
We need quality-of-life rules.
🇮🇱 A West Bank council has finally admitted Israeli settlers have been systematically raping kids as young as three and four.
After years of denial, the Gush Etzion Regional Council acknowledged ritualistic sexual abuse cases in its communities following a bombshell Kan 11 investigation.
The abuse spanned years and is emerging as one of the most organized and disturbing sexual abuse cases ever exposed in Israel.
For years, allegations were met with denials and deep skepticism, but in a complete 180, the council is now acknowledging the problem, calling it "pure evil and moral depravity that has no place in human society."
Source: Kan 11
🚨 GAS PUMP SCAM ALERT 🚨
Thieves are putting stickers over the “Tap to Pay” symbol at gas stations.
The sticker doesn’t steal your info — it **disables** tap-to-pay so you’re forced to insert or swipe your card… right where they’ve hidden a skimmer.
✅ Tap-to-Pay is actually one of the **safest** ways to pay. It uses one-time tokenization — your real card number is never transmitted or shared.
If you see a sticker covering the tap area (or tap suddenly doesn’t work), walk away and use a different pump immediately.
This video shows exactly what it looks like + the full breakdown 👇
[Attach the full video + the explanatory screenshot]
Save this and send it to everyone who drives. Stay safe out there.
#ScamAlert #GasPumpScam #CreditCardSkimming #TapToPay #ConsumerTips #StaySafe
🚨BREAKING: There is NO water in The Rio Grande?!
I’m standing here in New Mexico and the river is completely DRY.
Nearby AI data centers are consuming massive amounts of water to keep their systems cool.
Meta’s Los Lunas facility alone has reportedly been tied to roughly 75 million gallons of water usage per year connected to Rio Grande resources and it’s only ONE of many projects expanding across the state.
People can argue over the exact numbers, but one thing is undeniable… these facilities require enormous amounts of water and there are more data centers across the country being built as we speak.
This is starting to look like an environmental disaster in plain sight.
We need to put pressure on local representatives and the President to examine this environmental crisis before it’s too late.
“Delta Dental calls itself a nonprofit — while its CEO took $48 MILLION in four years.”
Her pay ballooned from $4.5 million to $15 million a year.
Provider reimbursements were cut. Patients paid MORE.
‘Nonprofit’ for the tax break. For-profit at the top.
The CEO of BlackRock, Larry Fink, admits that the trillions of dollars being used to build data centers and power grids will come from ordinary people’s savings accounts and pension funds, and says it is mandatory.
He says America needs trillions in AI infrastructure spending, and that people will be forced to “invest” in it.
“Much of this will come from savings accounts and pension accounts.”
My kid's school asked me to donate supplies.
Paper. Pencils. Hand sanitizer. Tissues.
I pay property taxes.
My state has a $4 billion surplus.
The federal education budget is $238 billion.
And the teacher is buying pencils out of her own paycheck.
And I'm sending in Ziploc bags.
We fund stadiums for billionaires with public money.
We fund schools with bake sales.
And then blame teachers when test scores drop.