Is GameStop Making Money?

However, GameStop makes little money from those stores. In addition, Game Stop reported an operating income of $18 million and a net income of $6.8 million on May 5, 2019. Tellingly those numbers were down from $28.2 million and $45 million on 5 May 2018.

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Big Short Investor predicts Index Fund Meltdown that could destroy Retirement Accounts

An index-fund bubble could be catastrophic because a large percentage of the $7.85 trillion Americans held in individual retirement accounts (IRAs) in 2017 is being invested passively. In detail, Statista estimates there was $7.85 trillion in American IRAs in 2017.

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