GameStop, Reddit and the Battle of Wall Street
The titans of finance were shaken by a subculture of amateur traders on WallStreetBets, whose viral stock purchases sent hedge funds reeling.
Corporate executives reap millions from Reddit stock frenzy
Stock sales by GameStop and BlackBerry insiders raise questions about their comp. "It's pay for luck," one expert said.
Reddit posters make millions on GameStop's wild stock ride
Reddit board Wallstreetbets seems to have driven a near-2,000% rise in the stock price of troubled video game retailer.
Robinhood restricts trading in GameStop, drawing criticism from lawmakers
The decision has sparked fierce backlash from users and lawmakers.
Reddit users drive up value of GameStop stock
Thanks to a group on Reddit with millions of followers, individual investors have sent the value of GameStop's stock soaring this week, shocking Wall Street investors who bet big on the retailer's decline. The Securities and Exchange Commission and the White House both said they are monitoring the situation. CBS MoneyWatch's Stephen Gandel and CBSN technology reporter Dan Patterson join CBSN AM to break down what this all means.
GameStop vs. Wall Street
Small investors using a Reddit forum appear to have driven the stock of the struggling retail chain GameStop up nearly 800% and it's causing some major financial losses for seasoned Wall Street investors. Vladimir Duthiers has the details. CBS News business analyst Jill Schlesinger also joins "CBS This Morning" to discuss.
GameStop stock soars with help from online traders
Individual investors, fueled by social media posts, bought up GameStop stock, artificially inflating the price. The move caused Wall Street firms to take a hit. Manuel Bojorquez has more.
GameStop 300% stock rise reveals Wall Street battle royale
Investors in popular Reddit group push retailer's stock and are accused of threatening those betting against it.
Reddit bans "The_Donald" forum, citing hate speech
The popular subreddit was shut down because it continuously violated its hate speech policy.
Reddit bans pro-Trump community "The Donald"
Reddit banned "The_Donald," a pro-Trump forum with over 790,000 users during a hate speech crackdown in which it took down several groups that it says violated the site's rules of conduct. The site says the group violated its policies by allowing people to target and harass others.
Reddit co-founder on plans to fight racism
Reddit co-founder Alexis Ohanian, who is married to tennis superstar Serena Williams, resigned from his company's board on Friday. He told "CBS This Morning" co-host Gayle King he did it because he wanted his 2-year-old daughter, Olympia, "to be proud of her father."
Alexis Ohanian on "education" from wife Serena Williams
Ohanian said he made the decision to resign from Reddit's Board of Directors for his and Williams' 2-year-old daughter
Alexis Ohanian resigns from Reddit board, donates $1M
"I'm saying this as a father who needs to be able to answer his black daughter when she asks, 'What did you do?'," the Reddit co-founder said.
Grumpy Cat dies at age 7
Grumpy Cat, the famous feline whose signature frown is used in memes everywhere, has died at the age of 7. The cat, whose real name is Tardar Sauce, became an internet sensation after her photo went viral on Reddit in 2012.
Alexis Ohanian on congressional tech hearings
Reddit co-founder and venture capitalist Alexis Ohanian says "we've waited too long" to have conversations about technology that's already used widely in our society. He spoke with CBSN about the upcoming congressional hearings that are meant to explore possible antitrust violations by Facebook, Google, Amazon, and Apple.
"Anonymous" answers questions on Reddit
The anonymous author who wrote a book and op-ed allegedly documenting the inner workings of the White House said Tuesday on Reddit that he or she plans to reveal their identity at some point. Anonymous -- who has so far been identified only as "a senior official in the Trump administration" -- pledged that "Donald Trump has not heard the last of me."
Dangers of the QAnon conspiracy theories
American conspiracy theories are entering a dangerous new phase, according to a new piece from The Atlantic. It delves into the dangers that could lie ahead if we dismiss conspiracy theories, like that of the pro-Trump QAnon. Adrienne LaFrance, executive editor of The Atlantic, wrote the story and joined CBSN to discuss.
Woman receives Secret Santa gifts from Bill Gates
Among the gifts she received was a donation to the American Heart Association in memory of her mother, who died earlier this year.
"Anonymous" op-ed author pledges to reveal identity
"As far as anonymity is concerned, I will not keep my identity shrouded in secrecy forever," the author wrote.
Blizzard bans video game star after he supports Hong Kong protests
U.S. video game maker seizes player's Hearthstone Grandmasters winnings, saying he broke the company's rules
Keanu Reeves keeps hands off women in photos
Fans on social media have crowned Reeves as "The Respectful King"
Alexis Ohanian's note to his younger self: "Trust your instincts"
Tech entrepreneur and Reddit co-founder looks back on his life, from losing his mom at a young age to building a family with Serena Williams
Why Alexis Ohanian wants nationwide family leave
The U.S. is the only developed nation without paid family leave. The co-founder of Reddit tells CBS News why he wants to change that.
Elderly man sends heartfelt thank-you note for VHS player
In the letter, the 86-year-old writes about seeing the tape of his wedding and "all the family and friends, many of which are no longer around"
Reddit raises $300 million in finance round led by China's Tencent
The investment, which values the social media service at $3 billion, comes as Reddit is blocked in China
What services would be affected by a DHS government shutdown?
Funding for the Department of Homeland Security will expire at the end of the day Friday. Here's what will be affected.
Arizona sheriff in Nancy Guthrie search defends sending DNA to Florida lab
Pima County Sheriff Chris Nanos said the results that investigators have received from DNA testing in the Nancy Guthrie case so far haven't led to a suspect.
ICE agents on leave for lying under oath in Minneapolis shooting investigation
Todd Lyons, the acting head of Immigration and Customs Enforcement accused two federal agents of lying under oath regarding the mid-January shooting of a Venezuelan national in Minneapolis.
Trump vows to require voter ID in midterms "whether approved by Congress or not"
He said there should also be proof of citizenship and a ban on mail-in ballots, with some exceptions.
Ilia Malinin misses Olympic medal after falling in free skate, finishes 8th
In a shocking twist at the 2026 Winter Olympics, American figure skater Ilia Malinin didn't make it to the podium after falling twice during the free skate. Kazakhstan's Mikhail Shaidorov took home the gold.
Lindsey Vonn says she will need at least 2 more surgeries after crash
Lindsey Vonn broke her left leg in a crash during her downhill race at the Winter Olympics last weekend.
CEO of Dubai's largest port replaced after ties to Epstein revealed
Sultan Ahmed bin Sulayem, CEO and chairman of Dubai's DP World, appears in the Epstein files more than 4,700 times, according to the Justice Dept.
U.S. women's hockey tops Italy 6-0 to advance to Winter Olympics semifinals
Kendall Coyne Schofield scored twice and top-seeded United States routed Olympic host Italy 6-0 in a lopsided, festive and sometimes chippy women's hockey quarterfinal at the Milan Cortina Games.
Tillis suggests Warsh faces long Fed chair nomination process
GOP Sen. Thom Tillis of North Carolina says he won't support the confirmation of any Fed nominee until the Justice Dept.'s investigation into chairman Jerome Powell is resolved.
U.S.
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U.S. women's hockey tops Italy 6-0 to advance to Winter Olympics semifinals
Kendall Coyne Schofield scored twice and top-seeded United States routed Olympic host Italy 6-0 in a lopsided, festive and sometimes chippy women's hockey quarterfinal at the Milan Cortina Games.
After 33 years on the route, a New Jersey mailman who loved helping people retires
For the past 33 years, Joe DiTore has really delivered for people in Demarest, New Jersey, both in their mailboxes and their personal lives.
Why is the U.S. government exploring using high-energy lasers near the border?
The FAA imposed a surprise flight ban over El Paso earlier this week amid disagreements within the U.S. government over the use of a high-energy laser against drones at the border.
White House files most detailed plans yet for Trump ballroom, East Wing renovation
The filing includes new renderings of the new East Wing, relative to other buildings close to the ballroom and from vantage points near the U.S. Capitol, Jefferson Memorial and points around the White House campus.
Arizona sheriff in Nancy Guthrie search defends sending DNA to Florida lab
Pima County Sheriff Chris Nanos said the results that investigators have received from DNA testing in the Nancy Guthrie case so far haven't led to a suspect.
MoneyWatch
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January CPI report is the best inflation news in months. Here's why.
The inflation reading, the lowest since May 2025, shows grocery, gas and rent prices are cooling.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Romance costs more this year as inflation lifts Valentine's Day gift prices
Love is biting consumers this year amid the rising cost of flowers, chocolates and other Valentine's Day staples.
CPI rose at an annual rate of 2.4% in January, cooler than expected
Inflation came in below economists' forecasts and slowed from December's 2.7% annual rate.
Politics
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Why is the U.S. government exploring using high-energy lasers near the border?
The FAA imposed a surprise flight ban over El Paso earlier this week amid disagreements within the U.S. government over the use of a high-energy laser against drones at the border.
White House files most detailed plans yet for Trump ballroom, East Wing renovation
The filing includes new renderings of the new East Wing, relative to other buildings close to the ballroom and from vantage points near the U.S. Capitol, Jefferson Memorial and points around the White House campus.
Trump vows to require voter ID in midterms "whether approved by Congress or not"
He said there should also be proof of citizenship and a ban on mail-in ballots, with some exceptions.
Tillis suggests Warsh faces long Fed chair nomination process
GOP Sen. Thom Tillis of North Carolina says he won't support the confirmation of any Fed nominee until the Justice Dept.'s investigation into chairman Jerome Powell is resolved.
ICE agents on leave for lying under oath in Minneapolis shooting investigation
Todd Lyons, the acting head of Immigration and Customs Enforcement accused two federal agents of lying under oath regarding the mid-January shooting of a Venezuelan national in Minneapolis.
HealthWatch
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Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform isn't a game-changer for consumers, health care experts said.
Moderna says FDA refuses its application for new mRNA flu vaccine
The Food and Drug Administration is refusing to consider Moderna's application for a new flu vaccine made with mRNA technology, the company said.
What to know about a new study on coffee, tea and dementia risk
CBS News medical contributor Dr. Céline Gounder said the results of the study on coffee drinkers having lower risk of dementia should be taken "with a massive grain of salt."
Thousands of mothers were flagged to police over flawed drug tests at childbirth
The Marshall Project found more than 70,000 cases referred to law enforcement over allegations of substance use during pregnancy — and that's a significant undercount.
World
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U.S. women's hockey tops Italy 6-0 to advance to Winter Olympics semifinals
Kendall Coyne Schofield scored twice and top-seeded United States routed Olympic host Italy 6-0 in a lopsided, festive and sometimes chippy women's hockey quarterfinal at the Milan Cortina Games.
Ilia Malinin misses Olympic medal after falling in free skate, finishes 8th
In a shocking twist at the 2026 Winter Olympics, American figure skater Ilia Malinin didn't make it to the podium after falling twice during the free skate. Kazakhstan's Mikhail Shaidorov took home the gold.
Fugitive arrested after arriving at Olympics to watch hockey
A man who was wanted by Italian authorities for a series of 2010 thefts was arrested when he arrived at the Olympics on Wednesday.
CEO of Dubai's largest port replaced after ties to Epstein revealed
Sultan Ahmed bin Sulayem, CEO and chairman of Dubai's DP World, appears in the Epstein files more than 4,700 times, according to the Justice Dept.
Lindsey Vonn says she will need at least 2 more surgeries after crash
Lindsey Vonn broke her left leg in a crash during her downhill race at the Winter Olympics last weekend.
Entertainment
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Entertainment
"Sinners" cinematographer could make history
"Sinners" cinematographer Autumn Durald Arkapaw says she doesn't want the audience to notice her work because "you wanna make it so good it feels like a dream." The Oscar nominee is the first woman of color nominated in the cinematography category and only the fourth woman ever. It's the only Oscars category never won by a woman. She talks about her career journey to this historic moment.
Constance Zimmer on "The Lincoln Lawyer"
Constance Zimmer, who stars in the new season of "The Lincoln Lawyer," talks about how she channels her powerful character in the series and why it's important for her to always make her characters relatable.
James Van Der Beek dies after cancer battle
James Van Der Beek, known for starring in "Dawson's Creek" and "Varsity Blues," died Wednesday at the age of 48 after a battle with colorectal cancer. Vladimir Duthiers reports on the beloved actor's career.
"Dawson's Creek" co-stars remember James Van Der Beek: "One in a billion"
Katie Holmes and Busy Philipps are among the "Dawson's Creek" cast members sharing memories of James Van Der Beek after his death at age 48.
James Van Der Beek of "Dawson's Creek" dies at 48
James Van Der Beek, star of "Dawson's Creek" and "Varsity Blues," has died at age 48, according to his publicist and a post from his wife on social media. Carter Evans has more on his life and career.
Technology
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Technology
Viral essay urges people to prepare for AI
If you've been on social media this week, you've likely seen an ominous warning about artificial intelligence in your feed: "Something big is happening." An essay from the CEO of an AI company, Matt Shumer, likens the current moment to February 2020, right before the start of COVID. Nate Soares, co-author of "If Anyone Builds It, Everyone Dies," joins to discuss.
Amazon ends Flock partnership after backlash over Super Bowl ad
Amazon's Ring unit touted a "search party" service in its Super Bowl ad, but one critic called the app a "surveillance nightmare."
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
FTC warns Apple's Tim Cook over alleged political bias in Apple News app
The Federal Trade Commission sent a letter to Tim Cook one day after President Trump circulated a report raising questions about Apple News' practices.
Russia blocks WhatsApp as it pushes state-backed alternative on citizens
The messaging platform WhatsApp says Russia has "attempted to fully block" its service inside the country, "to drive people to a state-owned surveillance app."
Science
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Science
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Mysterious dark matter seen in new map of distant galaxies
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
Cow develops technique to scratch herself
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Crime
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Crime
Latest on Guthrie search
The FBI is now calling the "subject" in the surveillance video of Nancy Guthrie's front porch a suspect. The agency has also released its first description of the 84-year-old's alleged kidnapper. CBS News reporter Andres Gutierrez has the details.
Arizona sheriff in Nancy Guthrie search defends sending DNA to Florida lab
Pima County Sheriff Chris Nanos said the results that investigators have received from DNA testing in the Nancy Guthrie case so far haven't led to a suspect.
Girl looking for a date to a school dance was murdered a week later
Mary Kay Heese, 17, was found stabbed to death in a field in March 1969. Fifty-five years later, a suspect was arrested — someone who had been on investigators' radar for decades.
Sheriff on nonuse of FBI lab in Guthrie case
The Pima County Sheriff's Department is using a third-party lab to process DNA in the Nancy Guthrie case rather than leaning on the FBI in Quantico. Sheriff Chris Nanos explained the decision to CBS News correspondent Jonathan Vigliotti.
Don Lemon pleads not guilty at arraignment
Former CNN anchor and independent journalist Don Lemon pleaded not guilty to federal charges linked to a protest inside a church in Minneapolis. CBS News' Katrina Kaufman reports.
Space
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Space
SpaceX launches crew to ISS
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
SpaceX launches space station crew on 8-month mission
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA, SpaceX mission prepares for launch
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
ULA rocket has booster problem while launching classified Space Force payloads
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
New space station crew eager for Wednesday launch
The new crew will replace four station fliers who returned to Earth ahead of schedule last month due to a medical issue.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Former NYPD detective says Nancy Guthrie case is complex
Federal authorities are offering a $100,000 reward for any information leading to an arrest of the possible kidnapper or something that would lead to Nancy Guthrie's location. Former New York City police detective Herman Weisberg, joins "The Daily Report" to discuss.
Former NYPD detective on Nancy Guthrie case
Retired FBI hostage negotiator and special agent Chip Massey joins "The Daily Report" to discuss the Nancy Guthrie investigation.
Beloved mailman retires after 33 years of service
For the past 33 years, Joe DiTore has really delivered for people in Demarest, New Jersey, both in their mailboxes and their personal lives. Steve Hartman has the story "On the Road."
True crime podcaster on Nancy Guthrie case
The FBI has now doubled the reward for any information leading to the 84-year-old mother of "Today" show co-host Savannah Guthrie or an arrest in the case. True Crime Arizona podcast host Briana Whitney and Eric O'Neill, a former FBI counterintelligence operative, join "The Daily Report" to discuss the case. Plus, CBS News' Anna Schecter answers viewers' questions.
Backlash over Ring ad that sparked privacy fears
Ring's ad for a new feature would have allowed homeowners to share camera footage with police, but was then scrapped after massive backlash. Matt Gutman has more.