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."
Oil prices hit a 4-year high as Axios reports Trump will hear new options to try to break the Strait of Hormuz standoff with Iran with a new wave of attacks.
The War Powers Resolution sets deadlines for the president to end hostilities without congressional approval.
Cole Allen, 31, is charged with attempting to assassinate President Trump and two firearms-related offenses stemming from the shooting at the White House Correspondents' Dinner on Saturday night.
Seven seconds passed between when the alleged gunman at Saturday's White House Correspondents' Dinner — carrying a shotgun initially concealed by a jacket — first encountered federal law enforcement and when he was subdued, sources told CBS News.
The longest shutdown of a federal department in U.S. history came to an end on Thursday when President Trump signed a bill to fund most of the Department of Homeland Security following a breakthrough on Capitol Hill.
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
President Trump picked Dr. Nicole Saphier as his new nominee for surgeon general, and blamed Republican Sen. Bill Cassidy for Casey Mean's nomination stalling in the Senate.
One of the officials told CBS News that the fire knocked out power and propulsion on the guided-missile destroyer, a mainstay of the Navy's forward presence in Asia.
Louisiana Secretary of State Nancy Landry said Thursday that the state will suspend its May 16 House primaries in the wake of the Supreme Court striking down the state's Congressional map.
Kentucky State Police said a man went to a U.S. Bank in Brea, Kentucky, and shot and killed a man and a woman, both employees at the bank.
The suspect, a student, was detained at the scene, police said.
Meenu Batra, a single mother of four adult U.S. citizens, was arrested on March 17 by federal immigration officers while traveling for a work trip.
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
The trip comes nearly four months after U.S. forces seized Rodríguez's predecessor, Nicolás Maduro, and his wife in a daring special forces raid.
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
The Thermos Stainless King Food Jars and Thermos Sportsman Food & Beverage Bottles were sold at Walmart, Target and Amazon.com.
A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
Seven seconds passed between when the alleged gunman at Saturday's White House Correspondents' Dinner — carrying a shotgun initially concealed by a jacket — first encountered federal law enforcement and when he was subdued, sources told CBS News.
The trip comes nearly four months after U.S. forces seized Rodríguez's predecessor, Nicolás Maduro, and his wife in a daring special forces raid.
The Supreme Court's ruling on Wednesday about Louisiana's congressional map could have implications for several states as it narrowed the section of the Voting Rights Act about majority-minority districts.
A Pentagon official publicly placed the Department of Defense's cost for Operation Epic Fury at $25 billion.
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
Test strips cost about $1 each and can be used to check drugs for dangerous contaminants, including fentanyl and xylazine.
President Trump picked Dr. Nicole Saphier as his new nominee for surgeon general, and blamed Republican Sen. Bill Cassidy for Casey Mean's nomination stalling in the Senate.
The backlash was immediate after the Trump administration served notice that hospitals and nursing homes should limit sugary drinks and dietary supplements in favor of what HHS terms "real food."
The U.K. has raised its national threat level from "substantial" to "severe," citing the increasing threat of Islamist and extreme right-wing terrorism in the country.
The trip comes nearly four months after U.S. forces seized Rodríguez's predecessor, Nicolás Maduro, and his wife in a daring special forces raid.
"We've been warning about this for a long time," one local resident told CBS News. "It's like a tsunami — you see the smaller waves before the big one hits."
CBS News contributor Tina Brown said King Charles' address to Congress during his visit to the U.S. showed "the meaning of monarchy."
One of the officials told CBS News that the fire knocked out power and propulsion on the guided-missile destroyer, a mainstay of the Navy's forward presence in Asia.
Spencer Pratt, who starred in the mid-2000s reality TV show "The Hills," released a new ad in his campaign for Los Angeles mayor that's getting attention online. CBS News political director Fin Gómez joins with analysis.
Meryl Streep, Anne Hathaway, Emily Blunt and Stanley Tucci are reprising their iconic roles for "The Devil Wears Prada 2" 20 years after the original film was released. The stars speak to "CBS Mornings" co-host Gayle King and give an inside look at the movie.
(Warning: Spoilers ahead!) The fifth member of the "Survivor 50" jury, who was eliminated during Wednesday's episode, talks about being voted off and a huge twist in the game.
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
Musician D4vd was in a Los Angeles court on Wednesday as prosecutors laid out a timeline and highlighted new details in their case against him in the murder of Celeste Rivas Hernandez. The singer has pleaded not guilty to the charges. Warning, the details in this story are disturbing.
Elon Musk's testimony concluded Thursday in his lawsuit against OpenAI. Nicholas Thompson, CEO of The Atlantic and host of "The Most Interesting Thing in AI" podcast, joins "The Takeout" with analysis.
Elon Musk was cross-examined in his lawsuit against OpenAI on Thursday. In testimony on Wednesday, he said he was "a fool" for funding OpenAI. He is accusing OpenAI and its CEO, Sam Altman, of betraying him and the public by abandoning its core mission as it transitioned from a nonprofit to a for-profit company. WIRED senior writer Maxwell Zeff joins CBS News to discuss.
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.
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
CBS News political director and executive director of politics and White House Fin Gómez reflects on the White House Correspondents' Dinner attack on "The Daily Report," saying he was proud of "our fellow colleagues."
Within hours of the plane crash that killed Hall of Fame NASCAR driver Greg Biffle, along with his wife and kids, authorities say someone was trying to break into his accounts and steal his money. Mark Strassmann has more details from police.
The New York Times reported that the late convicted sex offender Jeffrey Epstein may have left a suicide note following an earlier incident about three weeks before his death. However, that note has been sealed in a separate case for nearly seven years and remains out of public view. Meg Oliver reports.
The man accused of trying to assassinate President Trump last weekend appeared in court on Thursday as new details are still emerging about the attack at the White House Correspondents' Dinner. Caitlin Huey-Burns reports.
Police say a man forced his way into a home in the New York City borough of Queens, where his family was, and then, when police arrived, he intentionally set off an explosion. Tom Hanson reports.
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
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.
Defense Secretary Pete Hegseth testified before the Senate Armed Services Committee on Thursday, facing intense questioning from Democrats on the Pentagon budget, the war with Iran and more. These are some of the most notable exchanges from the hearing.
President Trump gave his endorsement to the United Arab Emirates' decision to leave the Organization of the Petroleum Exporting Countries, or OPEC, on Wednesday. "The Daily Report" breaks it down.
LIV Golf is seeking new backers after Saudi Arabia's public investment fund announced it will be pulling its funding at the end of the season. Gabby Herzig, a staff writer at The Athletic, joins "The Daily Report" to discuss.
CBS News political director and executive director of politics and White House Fin Gómez reflects on the White House Correspondents' Dinner attack on "The Daily Report," saying he was proud of "our fellow colleagues."
The national average gas price is up to $4.30 per gallon, the highest in four years, as President Trump said Thursday that gas prices "will drop like a rock" when the Iran war ends. Ted Rossman, principal analyst at Bankrate, joins "The Daily Report" with more.