Meme stocks like GameStop and BlackBerry are back. Here's why.
AMC and BlackBerry joined the meme stock surge on Tuesday as investors posted screenshots of their trading gains.
AMC and BlackBerry joined the meme stock surge on Tuesday as investors posted screenshots of their trading gains.
Rockstar Games said it will reveal the first trailer for the latest GTA game next month, 10 years after the release of Grand Theft Auto V.
The "meme stock" surprised investors by recording a jump in quarterly earnings, but long-term challenges remain.
In January, GameStop was at the center of a trading frenzy fueled by online investors who drove the stock to jump around 1,600%.
Cohen's hedge fund, Point72, has become entangled in market turmoil that has pitted a band of small investors against traders that made bets against — or "shorted" — stock of companies including GameStop.
Lawmakers from both sides of the aisle have criticized stock trading companies for freezing some individuals out of trading while letting hedge funds continue.
The video game retailer's stock was suddenly soaring because it seems buyers wanted to hurt the big guys, and they succeeded.
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The price of a GameStop share rocketed from $17 on Jan. 5 to $347 at market close on Wednesday.
Police say a man distracted the clerk, then reached over the counter and grabbed the PlayStation.
Police on Tuesday were asking the public to help them find two suspects who held up a video game store at gunpoint in Marble Hill.
A 22-year-old man is recovering after the facade of a Game Stop store on 92nd Street in Elmhurst came down on Thursday afternoon.
Cyber Monday is oftentimes a more popular shopping event than Black Friday. The convenience of shopping at home without the hassles of the lines and throngs of people can be a huge draw. However, it's important to know which sites are the best for deals, quality and ease in online shopping.
The action was a little too real last night at a video game store on Long Island.
Authorities said 48-year-old David Piparo entered two Game Stop locations and a pawn shop with a black handgun demanding cash and property.
While Barnes and Noble branches throughout the city hold story times for children and boast a large selection of kids' books these independent bookstores hold sway in their neighborhoods and keep families coming back year after year.
The bribery trial of New Jersey Sen. Bob Menendez was poised for opening statements Wednesday afternoon after a jury was picked.
The City Council is trying to get Mayor Adams to added more money to the budget for education programs.
Metal detectors were in place Wednesday at the High School of Graphic Communication Arts after two students were slashed and stabbed during a fight.
The NFL has released more of its 2024 schedule, with the New York Jets taking on the Minnesota Vikings in London.
President Biden and former President Donald Trump will go head-to-head in presidential debates on June 27 and Sept. 10, their campaigns said Wednesday.
The City Council is trying to get Mayor Adams to added more money to the budget for education programs.
The NFL has released more of its 2024 schedule, with the New York Jets taking on the Minnesota Vikings in London.
All lanes on the George Washington Bridge have reopened after drivers faced heavy delays for the morning commute.
The New York City Ferry is making it easier to hit the beach this summer with the return of Rockaway Reserve and the Rockaway Rocket.
A CBS New York analysis of NYCHA data found the average wait time for repairs has gotten longer compared to last year.
Temperatures around New York and New Jersey will rebound nicely Monday, as highs reach the upper 60s and low 70s.
Mother's Day was mostly a gloomy day in New York City and across the Tri-State Area.
Sunday night may offer a chance to see the northern lights in suburban areas of New York City after an "extreme" geomagnetic storm reached Earth on Friday.
It will be cool with rain around the area in the morning. Rain and drizzle will linger during the remainder of the day.
Accompanying cooler temperatures will be multiple chances of rain through Sunday.
A Sayreville school bus driver was able to safely evacuate half a dozen students from the vehicle when it caught fire Tuesday.
Aaron Rodgers and the Jets will open the 2024 season at the 49ers on Sept. 9. The NFL will release the full schedule on Wednesday.
The New Jersey Senate joined the Assembly in passing a controversial overhaul to the state's Open Public Records Act.
Human remains found in Galloway Township in June 2021 were identified as Kevin Morris, who was reported missing from New York City in 2011.
Temperatures around New York and New Jersey will rebound nicely Monday, as highs reach the upper 60s and low 70s.
There's an intense debate on whether to arm school security after Farmingdale schools became the latest on Long Island to plan to hire armed guards.
Mother's Day was mostly a gloomy day in New York City and across the Tri-State Area.
A New York Supreme Court judge has struck down Nassau County Executive Bruce Blakeman's executive order banning transgender athletes from playing women's and girl's sports at county-owned facilities.
The U.S. Coast Guard is trying to find the source of a mysterious oily sheen reported on the waters of Long Island Sound.
Sunday night may offer a chance to see the northern lights in suburban areas of New York City after an "extreme" geomagnetic storm reached Earth on Friday.
The bribery trial of New Jersey Sen. Bob Menendez was poised for opening statements Wednesday afternoon after a jury was picked.
The City Council is trying to get Mayor Adams to added more money to the budget for education programs.
President Biden and former President Donald Trump will go head-to-head in presidential debates on June 27 and Sept. 10, their campaigns said Wednesday.
The move comes days after the U.S. withheld shipments of certain munitions to Israel over concerns about a ground offensive in the Gaza city of Rafah.
Former President Donald Trump's attorneys got their first chance to question Michael Cohen on his second day of testimony and took aim at his credibility.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
A new report from New Jersey's Department of Health shows lead levels in children are dropping but not gone.
Kyle McMorrow was just 36 years old when he suffered a stroke last year. He woke up with neck pain one day, not realizing what was happening.
Panera is phasing out a highly caffeinated selection of lemonade beverages that's at the center of several lawsuits.
Hormel Foods says potentially contaminated products were shipped to Publix and Dollar Tree distribution warehouses.
Caitlin Clark struggled early in her WNBA debut before finishing with 20 points and 10 turnovers as the Indiana Fever fell to the Connecticut Sun 92-71.
The Paramount+ Movie Nights series will offer dozens of free outdoor movie screenings at New York City parks this summer.
The WNBA tipped off its 28th season with the Las Vegas Aces seeking a three-peat, Caitlin Clark debuting and the league growing faster than ever.
Actor Steve Buscemi appeared to be looking at his phone moments before he was randomly punched in New York City, exclusive video obtained by CBS New York shows.
Steve Buscemi was allegedly punched in the face in Manhattan's Kips Bay neighborhood last week.
The NFL has released more of its 2024 schedule, with the New York Jets taking on the Minnesota Vikings in London.
Caitlin Clark struggled early in her WNBA debut before finishing with 20 points and 10 turnovers as the Indiana Fever fell to the Connecticut Sun 92-71.
Jalen Brunson scored 44 points, and the New York Knicks moved a win away from their first Eastern Conference finals trip since 2000 by beating the Indiana Pacers 121-91 in Game 5.
Giancarlo Stanton homered and Carlos Rodón overcame a shaky start and worked six-plus strong innings as the New York Yankees beat the Minnesota Twins 5-1.
Aaron Nola pitched a four-hitter for his fourth major league shutout and the Philadelphia Phillies beat the slumping New York Mets 4-0 to finish a two-game sweep.
A Thai community is thriving along Woodside Avenue in Elmhurst, Queens.
Big Reuse says the lot helps take in 2 million pounds of food scraps and yard waste annually to create compost.
The River Garden in West Farms is a place that nurtures home-grown opportunities and curiosity.
Leonette Belfield-Carson, whose daughter Jalissa Nadine Carson died of cancer, is now an advocate for other moms with children battling cancer.
A new piece of legislation passed in the New York State Budget clarifies the distinction between squatters and tenants.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
A crane went up in flames high above Manhattan, then partially collapsed onto the street below.
CBS New York's John Elliott says Thursday will be somewhat of an improvement, but it will still be dreary. Friday looks better but the weekend could be wet.
All lanes of the George Washington Bridge have reopened after police activity caused major delays for the Wednesday morning commute.
The mayor has already restored $500 million in funds, but parents and members of the council's Progressive Caucus say it's just not enough. CBS New York's Marcia Kramer reports.
Jury selection began Monday, and the jury is expected to be seated Wednesday afternoon before opening arguments can begin.
Metal detectors were in place Wednesday at the High School of Graphic Communication Arts after two students were slashed and stabbed during a fight. CBS New York's Natalie Duddridge has the latest from campus.