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."
In an interview with CBS News' Norah O'Donnell on Monday, Iran's exiled Crown Prince Reza Pahlavi said, "We need action to be taken."
President Trump has been briefed on a wide array of military and covert tools that can be used against Iran that go well beyond conventional airstrikes, including cyber operations and psychological campaigns, Pentagon officials said.
President Trump's remarks about taking Greenland by military force have prompted bipartisan criticism from lawmakers who have said they do not support acquiring the Danish territory in such a way.
President Trump said Monday he's imposing 25% tariffs on all countries that do business with Iran, as the administration pressures the Iranian government amid anti-regime protests.
Lindsey Halligan's deputy in the U.S. attorney's office in the Eastern District of Virginia, Robert McBride, was fired after refusing to lead the prosecution of James Comey, a source said.
Sen. Elizabeth Warren, a progressive Democrat from Massachusetts, said she told President Trump Congress could cap credit card rates if he pushes for it.
Democratic Sen. Mark Kelly filed a lawsuit against Defense Secretary Pete Hegseth seeking to block the Pentagon's efforts to downgrade his retirement rank and pay.
The state of Minnesota, along with the cities of Minneapolis and St. Paul, are suing Department of Homeland Security Secretary Kristi Noem and other federal officials in an effort to stop the surge of federal law enforcement officials coming into the state.
Mexico has become a key fuel supplier to Cuba since Venezuelan leader Nicolás Maduro's capture by the U.S.
None of the six agents was recording body camera footage, and investigators have uncovered no surveillance or other video footage of the shooting, an FBI agent wrote in an affidavit.
The suspect, Stephen Spencer Pittman, told law enforcement in an interview that Beth Israel Congregation was "the synagogue of Satan," an FBI affidavit said.
Lindsey Halligan's deputy in the U.S. attorney's office in the Eastern District of Virginia, Robert McBride, was fired after refusing to lead the prosecution of James Comey, a source said.
The Supreme Court will consider whether laws in Idaho and West Virginia banning transgender athletes from competing on girls' and women's sports teams violate the Constitution and Title IX.
The state of Minnesota, along with the cities of Minneapolis and St. Paul, are suing Department of Homeland Security Secretary Kristi Noem and other federal officials in an effort to stop the surge of federal law enforcement officials coming into the state.
President Trump said Monday he's imposing 25% tariffs on all countries that do business with Iran, as the administration pressures the Iranian government amid anti-regime protests.
Sen. Elizabeth Warren, a progressive Democrat from Massachusetts, said she told President Trump Congress could cap credit card rates if he pushes for it.
Facebook owner Meta has named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as its new president and vice chairman.
Three former Fed chairs and other top economic officials decry "prosecutorial attacks" on Jerome Powell, saying it undermines the central bank.
Walmart said expanding its drone delivery service will make it easier for customers to get access to groceries and other items.
President Trump's remarks about taking Greenland by military force have prompted bipartisan criticism from lawmakers who have said they do not support acquiring the Danish territory in such a way.
President Trump has been briefed on a wide array of military and covert tools that can be used against Iran that go well beyond conventional airstrikes, including cyber operations and psychological campaigns, Pentagon officials said.
President Trump said Monday he's imposing 25% tariffs on all countries that do business with Iran, as the administration pressures the Iranian government amid anti-regime protests.
In an interview with CBS News' Norah O'Donnell on Monday, Iran's exiled Crown Prince Reza Pahlavi said, "We need action to be taken."
Lindsey Halligan's deputy in the U.S. attorney's office in the Eastern District of Virginia, Robert McBride, was fired after refusing to lead the prosecution of James Comey, a source said.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
"Make America Healthy Again" policies driven by HHS Secretary Robert F. Kennedy Jr. have made major strides in state legislatures, with food additives among the most common targets.
Oprah Winfrey is one of the best-known, most-admired and successful people on the planet. But for years she seemed powerless to conquer her fluctuating weight problem … until new medications, and a new attitude about her weight, gave her a breakthrough, which she describes in "Enough," a new book she has co-written with Dr. Ania Jastreboff. They talk with Jane Pauley about an individual's genetically-influenced weight range, and how to reset it. Winfrey also relates the long road she traveled since she began her TV career in Nashville, facing sexism, racism, and comments about her weight.
The potential for a major nurses strike in New York City is growing by the minute, with major hospitals and the New York State Nurses Association failing to get a deal done before Sunday's midnight deadline.
As millions of Americans struggle with paying for health care, doctors and health experts discuss how medical care is being eroded by insurers denying necessary tests and treatment, making it "more difficult to be healthy in the United States."
Other videos posted online show protesters taking to the streets, shouting "death to the dictator" and openly calling for the end of the Islamic Republic.
President Trump's remarks about taking Greenland by military force have prompted bipartisan criticism from lawmakers who have said they do not support acquiring the Danish territory in such a way.
In an interview with CBS News' Norah O'Donnell on Monday, Iran's exiled Crown Prince Reza Pahlavi said, "We need action to be taken."
A new arrest has been made in connection to the notorious 2023 gold heist in which millions of dollars' worth of gold bars were stolen at Toronto Pearson Airport.
Mexico has become a key fuel supplier to Cuba since Venezuelan leader Nicolás Maduro's capture by the U.S.
Celebrities brought glitz and glamor to the red carpet Sunday at the Golden Globes. "CBS Mornings" co-host Gayle King spoke with some of Hollywood's biggest stars and gives a behind-the-scenes look at the awards night.
The NAACP Image Awards celebrate the outstanding achievements and performances of people of color in arts and entertainment. Comedian and actor Deon Cole and NAACP President and CEO Derrick Johnson exclusively reveal some of the nominees on CBS Mornings for this year's awards.
Bob Weir, a co-founder and guitarist for the iconic rock band the Grateful Dead, has died at 78. Anthony Mason looks back at Weir's life and music career.
Entertainment Tonight co-hosts Nischelle Turner and Kevin Frasier break down the winners, surprises and big moments from the Golden Globes.
At the first major awards show of the season, "One Battle After Another" and "Adolescence" both won four awards. In a surprise win, "Hamnet" upset "Sinners" for best motion picture for a drama.
Facebook owner Meta has named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as its new president and vice chairman.
Jaimee Seitz said her daughter was convinced to take her own life by members of the online True Crime Community, or TCC, who glorify mass shootings, violence and nihilism.
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.
In his new book "Spies, Lies, and Cybercrime," former FBI Counterintelligence Operative Eric O'Neill describes the art of outsmarting cybercriminals and protecting your data and wallet. O'Neill spoke with CBS News' Major Garrett about steps people can take to stay safe online.
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
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.
The man accused of killing his ex-wife and her dentist husband appeared in an Ohio courtroom Monday. Lacey Crisp from CBS Columbus affiliate WBNS has the details.
The suspect, Stephen Spencer Pittman, told law enforcement in an interview that Beth Israel Congregation was "the synagogue of Satan," an FBI affidavit said.
A new arrest has been made in connection to the notorious 2023 gold heist in which millions of dollars' worth of gold bars were stolen at Toronto Pearson Airport.
The Chicago man charged in the killing of his ex-wife and her dentist husband in their Ohio home is set to appear in court on Monday. CBS News' Shanelle Kaul has more.
Police released a video on social media showing officers on a speed boat intercepting the ship and DEA agents on the scene.
Four members of Crew-11 are preparing to return to Earth from the International Space Station later this week after a "medical concern" prompted NASA to cancel a scheduled spacewalk. Former astronaut Dr. Scott Parazynski joins with his reaction.
Outgoing space station commander Mike Fincke, a member of the returning Crew 11, turned the station over to cosmonaut Sergey Kud-Sverchkov, saying the combined crew had developed deep friendships.
Mike Fincke thanked NASA for making crew health the agency's top priority.
NASA officials reported Thursday that an unidentified member of Crew 11 was dealing with "a medical situation" that would require the crew to return to Earth sooner than anticipated.
Four crew members aboard the International Space Station will be brought home more than a month early in the coming days as NASA cuts its mission short due to health concerns. NASA says the ailing astronaut is stable and while it is not an emergency, weeks more in space are not in the best interest of their health.
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.
Grateful Dead guitarist and co-founder Bob Weir has died after a battle with cancer. Warren Haynes, guitarist for the Allman Brothers and the frontman for Gov't Mule, joins CBS News to discuss what it was like to work with Weir.
In an expanded interview following Monday night's broadcast of the "CBS Evening News with Tony Dokoupil," Colorado Governor Jared Polis discusses how Democrats could better handle health care reform, growing concerns about affordability and more.
Two people in Los Angeles were hurt after a moving truck drove into a crowd rallying against the Iranian government. CBS News reporter Andres Gutierrez has the latest.
President Trump has unveiled two policies aimed at making home ownership more affordable. One is to ban large investors from buying single-family homes and another is for the federal government to purchase $200 billion in mortgage bonds. Collin Allen, executive director of the nonpartisan American Property Owners Alliance, joins to weigh in on the plans.
The Jacksonville Jaguars suffered a heartbreaking 27-24 loss to the Buffalo Bills Sunday in the first round of the NFL playoffs. But in the postgame press conference that followed, head coach Liam Coen got some words of encouragement from Jacksonville Free Press reporter Lynn Jones.