GameStop purchases $500 million in bitcoin in first crypto push
GameStop, an ailing video game retailer and "meme stock," is pushing into the cryptocurrency sector.
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GameStop, an ailing video game retailer and "meme stock," is pushing into the cryptocurrency sector.
Left, a prominent investor who made bets against GameStop and other stocks, issued misleading reports, the SEC and Justice Department claim.
Chewy's stock price surged as high as $39.10, or 36%, after meme stock investor Keith Gill posted a dog image on social media.
The video game retailer has recently raised roughly $3 billion in cash, capitalizing on a jump in its stock price.
GameStop, a "meme stock" embraced by retail investors, said it lost $32.3 million in its latest quarter.
GameStop's stock price surged more than 40% after Keith Gill indicated he would appear on YouTube for the first time in three years.
Keith Gill, a financial analyst turned influencer, has helped turn GameStop into a stock market phenomenon. Here's what to know.
GameStop's stock price jumped more than 87% in pre-market trading following post on Reddit linked to trader Keith Gill.
Shares of GameStop, AMC Entertainment and other so-called meme stocks plunged in Wednesday trading.
AMC and BlackBerry joined the meme stock surge on Tuesday as investors posted screenshots of their trading gains.
The stock for video game retailer GameStop closed up 74% on Monday, harkening back to the buying frenzy in January 2021 fueled by traders on Reddit. Martin Baccardax, senior editor and chief markets correspondent for TheStreet, joins CBS News to examine what could be behind the stock's sudden surge.
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 billionaire will not receive compensation for serving as the company's president, CEO and chairman, GameStop said.
The "meme stock" surprised investors by recording a jump in quarterly earnings, but long-term challenges remain.
Looking to buy a Sony PS5? We found the PlayStation 5 in stock at a handful of top retailers.
CBS News' Nancy Chen reports on the GameStop hearing in which Reddit trader Keith Gill, aka "Roaring Kitty," appeared before Congress, along with the CEOs of Reddit, Robinhood and hedge fund Melvin Capital Management.
Investor Ryan Cohen, with his huge following on Reddit, pushes for sale or breakup of the retailer after revealing a 10% stake.
Although the so-called "meme stock" craze has cooled down since skyrocketing last year, shares of companies like GameStop and AMC haven't plunged the way some investors predicted. Some larger institutional investors are rethinking social media's financial impact. Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, joins "CBS News Mornings" to discuss.
This is the best way to track the PS5 restock.
When it comes to buying Sony's impossible-to-find gaming system, some people are paying a lot -- and some aren't
Ahead of Cyber Monday, there are still plenty of deals on Apple, Samsung, Michael Kors, Keurig, OMG Surprise! and more, available now.
Find GameSpot Black Friday/Cyber Monday deals on Mario Kart 8 Deluxe, Super Mario Maker 2, Zelda: Breath of the Wild and more
Report is critical of trading apps' gaming-like features, stoking of meme stocks and practice of selling customers' orders to traders.
Even with the drop, theater chain's stock price has soared more than 2,000% this year since amateur investors piled in.
Enthusiasm for cinema chain builds in a popular Reddit investor discussion board where stock investors are "idiots."
The Justice Department early Tuesday released more than 11,000 additional documents and photos from the Jeffrey Epstein files. Follow live updates here.
ICE has filed more than 8,000 requests to toss out asylum claims in immigration court, asking judges to send immigrants to third-party countries.
Economists polled by financial data firm FactSet had forecast an annualized 3% pace for the July to September period.
Republican Ben Sasse represented Nebraska in the U.S. Senate from 2015 to 2023, then became president of the University of Florida.
President Trump announced plans to build a new "Trump class" of battleships, part of the Pentagon's new "Golden Fleet."
Brown University police chief Rodney Chatman has been placed on leave after the mass shooting that killed two students in Providence, Rhode Island.
The children of slain filmmaker Rob Reiner and his wife, Michele Singer Reiner, have released another statement in the wake of their parents' deaths.
President Trump has responded to the release of the Epstein files, saying Monday that the release of photos risked ensnaring "highly respected" people with no connection to Epstein's crimes.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Concerns about inflation, tariffs and politics weighed on consumer sentiment in December, The Conference Board said.
Republican Ben Sasse represented Nebraska in the U.S. Senate from 2015 to 2023, then became president of the University of Florida.
The children of slain filmmaker Rob Reiner and his wife, Michele Singer Reiner, have released another statement in the wake of their parents' deaths.
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
Aubrey O'Day discusses the disturbing witness affidavit involving Sean "Diddy" Combs in a "CBS Mornings" interview on Tuesday.
Concerns about inflation, tariffs and politics weighed on consumer sentiment in December, The Conference Board said.
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
The Federal Communications Commission says it's banning new foreign-made drones, a move that will keep new Chinese-made drones out of the U.S. market.
Mercedes-Benz USA and parent company Daimler AG agreed to settle allegations the automaker secretly installed devices in hundreds of thousands of vehicles to pass emission tests.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Republican Ben Sasse represented Nebraska in the U.S. Senate from 2015 to 2023, then became president of the University of Florida.
The Federal Communications Commission says it's banning new foreign-made drones, a move that will keep new Chinese-made drones out of the U.S. market.
The 2025 Kennedy Center Honors will be broadcast tonight, Dec. 23, celebrating George Strait, Gloria Gaynor, Kiss, Michael Crawford and Sylvester Stallone.
ICE has filed more than 8,000 requests to toss out asylum claims in immigration court, asking judges to send immigrants to third-party countries.
George Conway, a conservative lawyer turned vocal critic of President Trump, has filed paperwork for a bid to represent New York City in the House.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
The Centers for Disease Control and Prevention estimates there have been 4.6 million flu cases across the U.S. since the season began. Dr. Amanda Kravitz, a pediatrician at Weill Cornell in New York, explains what to know about rising cases, symptoms to watch for and how to protect your family.
Maintenance workers secured metal bars over the window thieves used to break into the Louvre in October.
Russia fired more than 650 drones and three dozen missiles at Ukraine in a major pre-Christmas attack, killing at least three people including a child.
The U.S. military says it struck a vessel that was allegedly carrying drugs in the eastern Pacific on Monday, killing one person — part of a months-long campaign of boat strikes near Latin America.
Philip Young was charged with 56 sexual offences, including multiple counts of rape and administering a substance with the intent to "stupefy" Joanne Young, his ex-wife.
The elusive street artist posted two photos of an artwork on his official Instagram account amid speculation that he was behind it. An identical image appeared elsewhere.
Actor Mandy Patinkin and writer and director Aram Rappaport are behind the new murder mystery series, "The Artist," which is a work of historical fiction set in the Gilded Age. They speak to "CBS Mornings" about the series and how it got started. Patinkin also reflects on the life of Hollywood icon Rob Reiner.
Aubrey O'Day discusses the disturbing witness affidavit involving Sean "Diddy" Combs in a "CBS Mornings" interview on Tuesday.
The 2025 Kennedy Center Honors will be broadcast tonight, Dec. 23, celebrating George Strait, Gloria Gaynor, Kiss, Michael Crawford and Sylvester Stallone.
Vince Zampella, a video game developer known for pioneering iconic franchises like "Call of Duty," died in a car crash on the Angeles Crest Highway in Los Angeles County on Sunday afternoon.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
The DOJ released more than 10,000 files in the Jeffrey Epstein case. The release includes court records, emails, news clippings, photos, spreadsheets, audio and video files. It also offers new details on Epstein's associates, including President Trump. Mr. Trump has not been charged in connection with Epstein and the new documents do not accuse him of any crime. Scott MacFarlane has more.
The Justice Department released more than 10,000 files relating to Jeffrey Epstein early Tuesday morning. CBS News' Scott MacFarlane has more details.
The Department of Justice has released another batch of files related to convicted sex offender Jeffrey Epstein. CBS News' Scott MacFarlane reports.
Australian police released new documents Monday showing the father and son who are accused of killing 15 people at Bondi Beach undergoing firearms training just weeks before the attack. CBS News' Anna Schecter reports.
The Justice Department is under scrutiny for heavily redacting the initial batches of files related to convicted sex offender Jeffrey Epstein. CBS News justice correspondent Scott MacFarlane has the details.
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The FDA has approved the pill version of the weight loss drug Wegovy, the first oral medication of its kind. The new pills are expected to be available in a few weeks. Chief medical correspondent Dr. Jon LaPook has more.
The Trump administration is attempting to cancel thousands of asylum cases and deport applicants to third-party countries, CBS News reporting shows. Immigration reporter Camilo Montoya-Galvez has the latest.
The Powerball jackpot grew to more than $1.7 billion after no winning tickets from Monday's drawing. CBS News' Tom Hanson has more details.
Russia slammed Ukraine overnight with deadly drone strikes, Ukrainian President Volodymyr Zelenskyy said. CBS News' Ramy Inocencio has the latest.
Gross domestic product grew 4.3% in the third quarter of 2025, indicating some small economic growth despite concerns over tariffs and inflation. CBS News contributor Javier David has more details.