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Retail Roundup: Amazon Befriends OpenAI, and Walmart’s Advertising Ambitions Grow

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Retail Roundup: Amazon Befriends OpenAI, and Walmart’s Advertising Ambitions Grow

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Why is GameStop stock rising? Insider bets put GME in focus

GameStop shares gained after CEO Ryan Cohen bought 1 million shares in the open market. Strong collectibles sales, higher adjusted EBITDA guidance and improved profitability are adding to investor optimism despite a decline in overall revenue.

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