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.
Watch CBS News
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 New York accent is one of the regional dialects disappearing from everyday language, according to a new study.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
NewYork-Presbyterian nurses and hospital officials will meet for their next bargaining session on Thursday as the largest and longest nurses strike in city history continues.
Andrew Mountbatten-Windsor, King Charles III's younger brother, has been arrested over suspected misconduct in public office after revelations in the Epstein files.
Some pieces of New York sports history are heading up for auction: Tom Seaver's personal collection.
The New York accent is one of the regional dialects disappearing from everyday language, according to a new study.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
NewYork-Presbyterian nurses and hospital officials will meet for their next bargaining session on Thursday as the largest and longest nurses strike in city history continues.
Some pieces of New York sports history are heading up for auction: Tom Seaver's personal collection.
Newark Liberty International Airport reopened Wednesday evening after an aircraft emergency caused a ground stop.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
An air quality alert is in effect Wednesday for the second day for New York City and parts of the northern suburbs.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
Valentine's Day will be mild in the New York City area, but snow may be on the way to end the weekend.
New Yorkers felt much better on Tuesday as a warm front moved toward the region. But, snow and ice could make for a potentially dangerous evening.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
There's a state of emergency in Phillipsburg, New Jersey, after two sinkholes opened up. One of them swallowed a dump truck.
The Gateway Tunnel Project is poised to get back on track after more than $200 million in funding that had been withheld is now back.
New Jersey's acting attorney general won't ask the state Supreme Court to review the dismissal of racketeering charges against Democratic power broker George E. Norcross III and those charged alongside him.
Springsteen is taking his "Land Of Hope And Dreams American Tour" nationwide starting in the spring.
Heavy rain will impact most of the New York and New Jersey area on Friday morning, with communities farther north seeing snow.
An air quality alert is in effect Wednesday for the second day for New York City and parts of the northern suburbs.
Accumulating snow will return to the New York City area Sunday evening into Monday morning.
Potholes are causing even more crashes on an already dangerous stretch of New York 25 on Long Island, officials say.
Hicksville is New York's first school district to ban e-bikes after alarming statistics revealed at least 12 people, mostly young Long Islanders, died on them in the past three years.
Just weeks ago, New York City Mayor Zohran Mamdani was against the sweeps. He says now, however, they'll be unlike how they've been done before.
Sen. Chuck Schumer wants the federal government to do away with the statute of limitations on sex abuse and trafficking victims' right to sue.
The Gateway Tunnel Project is poised to get back on track after more than $200 million in funding that had been withheld is now back.
Transit crime has ticked up so far this year, according to NYPD crime data. The NYPD is blaming the recent cold.
An immigration judge has dismissed the Trump administration's deportation case against Mohsen Mahdawi, a Palestinian graduate student and Columbia protest leader.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Brooklyn's Green-Wood Cemetery is set to become the first on the East Coast to offer human composting.
The goal is to get patients drunk and high at a new research lab on the border of Nassau County and Queens.
Springsteen is taking his "Land Of Hope And Dreams American Tour" nationwide starting in the spring.
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
"Dawson's Creek" and "Varsity Blues" star James Van Der Beek has died at 48 years old.
New York City Department of Environmental Protection said there was a "significant reduction in water usage" throughout the Big Apple during his show. That changed as soon as his performance ended.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
In Harlem, a hall-of-famer gymnast is inspiring the next generation in the sport.
Elana Meyers Taylor has won her first Olympic gold in women's monobob, and she made history as the oldest American woman to do it at the Winter Games.
Cleveland Browns safety Ronnie Hickman was assaulted inside a New York City hotel on Monday morning, officials said.
The short-handed Indiana Pacers beat the Brooklyn Nets 115-110 on Wednesday night.
Jose Alvarado scored a season-high 26 points and Mikal Bridges added 22 points as the New York Knicks beat the Philadelphia 76ers 138-89 Wednesday night.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
Residents and skate advocates clash over a proposed Mount Prospect Park skate facility, as city officials promise an updated design this spring.
A Brooklyn community is fighting to turn a forgotten landmark into a heritage center.
Edward R. Murrow High School's new boiler system cuts emissions while doubling as a hands-on sustainability lesson for students.
LUAR Creative Director Raul López says Lady Gaga's salsa-inspired dress in Bad Bunny's Super Bowl halftime show was a moment of pride for Caribbeans and Latinos.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
The deadline for the city's Department of Corrections and legal department to submit a plan to limit the use of solitary confinement on Rikers Island. CBS News New York's Elijah Westbrook reports.
A new study suggests the New York accent is disappearing as it ranks 12th among the disappearing dialects.
Authorities said eight of the nine skiers reported missing after an avalanche near California's Lake Tahoe have been found dead, with the ninth skier still missing but also presumed deceased.
The former Prince Andrew, now Andrew Mountbatten-Windsor, was arrested Thursday for suspected misconduct in public office after revelations in the Jeffrey Epstein files.
Nurses at NewYork-Presbyterian Hospital are heading back to the picket line as representatives take a seat at the bargaining table in an effort to reach a new contract. CBS News New York's Christina Fan reports.
