Your team spend more time searching for information than using it. Amazon Quick changes that.

One intelligent assistant that connects all your company's data and turns answers into action instantly.

AWS.com slash quick.

Here's your morning brief from Monday, May 4th. I'm Daniel Bach for the Wall Street Journal.

We're exclusively reporting that GameStop has made an unsolicited offer to buy eBay for about $56 billion.

In an interview with the journal, GameStop CEO Brian Cohen said eBay can be a much bigger rival to Amazon,

and that if the e-commerce company isn't receptive to the proposal,

he's prepared to launch a proxy fight and take the offer directly to its shareholders.

We report GameStop is offering a roughly 20% premium to eBay's Friday closing price,

and that the video game company has a commitment letter from TD Bank to provide up to $20 billion

in debt financing to help make a deal possible.

A journal investigation has found that most people are losing money on the increasingly popular prediction markets.

Based on data from the past month, there's three losers for every single winner on the platform Kalshi,

and on Pauly Market, about 70% of users have lost money.

Our reporting also found that sophisticated traders are eating retail investors lunch. On

Polly Market, two-thirds of all of the profits on the site have gone to just a tenth of a

percent of users. And President Trump has said the U.S. would begin guiding commercial ships out of the

Strait of Hormuz today in an effort to unblock the waterway. But critics point to how the

plan doesn't involve naval escorts, and for now, oil traders appear unconvinced it will resolve

a supply crunch that has sent prices soaring. Futures tied to Brent crude rose above $109 a barrel this morning.

Markets in Japan, Shanghai, and the UK are closed for public holidays, otherwise Korea's

Kaspi Index ended the day at a new record. European stocks are slipping and U.S. futures

...