GameStop stock is still below active resistance, but if it can clear that level, a significant rally could get under way.

The struggling retailer wants investors to believe it has a turnaround plan. It mostly doesn't.

Firming bets on a big Fed rate hike later this month has bond yields higher, and U.S. stocks trading in and out of the green Thursday.

A key ECB rate decision, as well as a monetary policy discussion with Fed Chair Jerome Powell, didn't hold back gains for U.S. stocks.

"Our path to becoming a more diversified and tech-centric business is one that obviously carries risk and will take time," said CEO Matt Furlong.

Stock futures flat, central banks in focus; Fed Chair Powell on deck as September rate bets leap; ECB set for biggest-ever hike as inflation roars, euro slumps; GameStop shares surge on FTX digital asset tie-up and California heat wave scorches, but power grid holds.

"In addition to collaborating with FTX on new ecommerce and online marketing initiatives, GameStop will begin carrying FTX gift cards in select stores," the company said.

Stocks finished higher Wednesday while the dollar continued to push through multi-decade highs against its global peers.

GameStop is betting big on its digital asset strategy as traditional gaming sales slow, but its cash burn rate is raising analysts' concern.

Rite Aid stock is getting hit on the earnings report, sending the stock down near 2022 lows. And it's not that far from the 2009 lows.

Tesla's CEO, a big user of social media, is frustrated with Google's YouTube platform and its content-moderation policy.

A brand long associated with being a 'value' choice now commands the biggest markup over its showroom sticker price.