GameStop, Alibaba, Nippon Steel-US Steel deal: Market Minute
Gamestop (GME) shares surged after 'Roaring Kitty", also known as Keith Gil, posted a vague image of a Christmas present on X (formerly known as Twitter). Chinese e-commerce giant Alibaba (BABA) and South Korean retail chain E-mart are launching an online shopping joint venture. Also in the news is Japan’s Nippon Steel (NPSCY, 5401.T), which has pushed the closing date of its acquisition of US Steel (X) to Q1 2025 as it awaits approval from US authorities. Wealth Host Brad Smith recaps some of the day's biggest stories in the Yahoo Finance Market Minute, To watch more expert insights and analysis on the latest market action, check out more Wealth! here. This post was written by Josh Lynch