GameStop launches audacious $56 billion unsolicited bid for eBay at $125 per share, representing a 20% premium and signaling CEO Ryan Cohen's aggressive pivot into e-commerce. The deal, backed by $20 billion in TD Bank financing, targets $2 billion in annual cost cuts through reduced marketing spend and leveraging GameStop's retail footprint. Meanwhile, geopolitical tensions escalate as a tanker struck by unknown projectiles in the Strait of Hormuz drives oil price forecasts higher, with the U.S. Navy positioning vessels nearby to deter further attacks. In tech finance, Anthropic nears a $1.5 billion joint venture with major Wall Street firms to develop specialized AI models for trading and risk management, deepening artificial intelligence integration into financial services. Asian markets responded positively, with Taiwan equities surging 4% and SK Hynix jumping 7.
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