God awful title.
"Reports are going around regarding cancelled preorders for both the PlayStation 5 and Xbox Series X. Apparently, several customers are receiving cancellation notices from GameStop and Target."
The article is about stores cancelling peoples (Both systems) pre orders. As opposed to reading as people who ordered the PS5 are cancelling them.
Several articles that I saw used titles that let people thinking that users are doing massive cancel of their own preorders instead of stores doing it.
The impression I got was that people are cancelling their preorders. Please edit the title to give people a better idea of what's going on.