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 U.S. and Iran are getting ready for talks Saturday in Islamabad, Pakistan, as their tenuous ceasefire held despite key sticking points.
NASA's Artemis II astronauts are set to return to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
Former Vice President Kamala Harris said that she might run for president in 2028, telling a gathering in New York that she is considering mounting a third bid for the White House.
Brian Hooker exchanged Facebook messages with a friend, which CBS News exclusively reviewed, after his wife vanished in the Bahamas over the weekend.
Survivors of an Iranian attack that killed six U.S. service members have disputed the Pentagon's description of events and said their unit in Kuwait was left dangerously exposed.
Plans submitted by the Interior Department show the triumphal arch would be 250 feet tall, the tallest triumphal arch in the world.
First lady Melania Trump delivered a televised statement denying a relationship with the late sex offender Jeffrey Epstein.
Inflation ran hot in March because of higher fuel costs tied to the Iran war, which has constrained the global flow of oil.
Transportation Secretary Sean Duffy pointed out that gamers "have many of the hard skills it takes to be a successful controller."
The building sits across a driveway from the West Wing and was completed in 1888.
Plans submitted by the Interior Department show the triumphal arch would be 250 feet tall, the tallest triumphal arch in the world.
NASA's Artemis II astronauts are set to return to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
Transportation Secretary Sean Duffy pointed out that gamers "have many of the hard skills it takes to be a successful controller."
Former Vice President Kamala Harris said that she might run for president in 2028, telling a gathering in New York that she is considering mounting a third bid for the White House.
Financial industry leaders met to discuss potential cyber risks posed by Anthropic's latest AI model, which has found weaknesses in every major computer operating system.
Energy industry experts warn that allowing Iran to charge ships to ensure safe passage through the strait would raise energy costs.
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
Few ships passed through the waterway Wednesday and Thursday despite a ceasefire agreement that was supposed to open the waterway key to transiting oil across the globe.
The average U.S. property tax bill rose 3.7% last year to $4,427, outpacing inflation even as the typical home lost value.
The building sits across a driveway from the West Wing and was completed in 1888.
Plans submitted by the Interior Department show the triumphal arch would be 250 feet tall, the tallest triumphal arch in the world.
Transportation Secretary Sean Duffy pointed out that gamers "have many of the hard skills it takes to be a successful controller."
Former Vice President Kamala Harris said that she might run for president in 2028, telling a gathering in New York that she is considering mounting a third bid for the White House.
Financial industry leaders met to discuss potential cyber risks posed by Anthropic's latest AI model, which has found weaknesses in every major computer operating system.
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
Behind some of the viral physiques lies a troubling trend: the use of a powerful drug never approved for humans.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
Sentebale, which Prince Harry co-founded in 2006 and helps youths with HIV in southern Africa, filed the suit in London's High Court.
Energy industry experts warn that allowing Iran to charge ships to ensure safe passage through the strait would raise energy costs.
Lee Milne, 40, was sentenced to eight years in prison following his conviction in Glasgow's High Court for culpable homicide and engaging in abusive behavior.
The discovery of the grave site adds to dozens of similar cases in Jalisco, the state hardest hit by Mexico's missing persons crisis.
The U.S. and Iran are getting ready for talks Saturday in Islamabad, Pakistan, as their tenuous ceasefire held despite key sticking points.
Comedian Bridget Phetasy joins CBS News with her take on gaining the favor of Generation Z members. Phetasy explores the matter for The Free Press, a Paramount Skydance publication.
Dan Levy talks to "CBS Mornings" about the comedy series "Big Mistakes," which is about organized crime. Levy explains how he used his own life to help shape his character's relationships and reflects on the beloved series "Schitt's Creek."
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
K-pop supergroup BTS hit the stage on Thursday, kicking off their comeback world tour after a four-year hiatus. Nicole Fell, assistant editor at The Hollywood Reporter, joins "The Daily Report" to discuss.
Ryan Gosling's new movie, "Project Hail Mary," is raising questions about the future of the Sun. CBS News contributor Janna Levin joins with more details.
A study by Gallup and the Walton Family Foundation looked into how Generation Z feels about using AI. Callie Holtermann, a reporter for The New York Times, joins CBS News with more.
A recent CBS News poll found 66% of Americans believe AI will decrease jobs. LinkedIn CEO Ryan Roslansky and chief economic opportunity officer Aneesh Raman share insights on the skills that professionals need to stay ahead of AI at work.
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.
Anthropic announced its new AI model is too powerful for public release. Puck's Ian Krietzberg joins CBS News with more.
Researchers at Boston Consulting Group estimate that AI will "reshape" between 50-55% of U.S. jobs over the next three years. They note that while AI integration will likely change the nature of the work, it doesn't necessarily mean job losses in every case. CBS News MoneyWatch reporter Megan Cerullo has more.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Lee Milne, 40, was sentenced to eight years in prison following his conviction in Glasgow's High Court for culpable homicide and engaging in abusive behavior.
Sources tell CBS News that the Justice Department is investigating the NFL over subscription fees concerns. Jake Rosen reports.
First lady Melania Trump held remarks on Thursday denying any link to convicted sex offender Jeffrey Epstein. CBS News' Caitlin Huey-Burns reports.
Police file charges against 21 suspects in what's described as a $267 million fraud case with zero legitimate patients. Adam Yamaguchi reports.
A man who stole a handbag containing a Faberge egg and watch worth at least $2.8 million from a London pub was jailed for more than two years.
NASA's Artemis II astronauts are set to return to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
The development of the mission mascot and viral sensation Rise began over a year before Artemis II blasted off.
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth on Friday.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
With Artemis II astronauts closing out on-board tests, flight controllers are prepping for reentry and splashdown Friday.
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.
Vice President JD Vance appears positive about talks with Iran in Pakistan, but President Trump remains frustrated about Tehran's control over the Strait of Hormuz. CBS News' Ed O'Keefe and Imtiaz Tyab report.
Farmers across America are grappling with soaring fuel prices as the war in Iran impacts energy costs. CBS News' Lana Zak reports.
A study by Gallup and the Walton Family Foundation looked into how Generation Z feels about using AI. Callie Holtermann, a reporter for The New York Times, joins CBS News with more.
Comedian Bridget Phetasy joins CBS News with her take on gaining the favor of Generation Z members. Phetasy explores the matter for The Free Press, a Paramount Skydance publication.
Defending champion Rory McIlroy tied Sam Burns for the first-round lead at the Masters. CBS News' Jim Axelrod has the highlights as round two gets underway.