GameStop, Reddit and the Battle of Wall Street
The titans of finance were shaken by a subculture of amateur traders on WallStreetBets, whose viral stock purchases sent hedge funds reeling.
Corporate executives reap millions from Reddit stock frenzy
Stock sales by GameStop and BlackBerry insiders raise questions about their comp. "It's pay for luck," one expert said.
Reddit posters make millions on GameStop's wild stock ride
Reddit board Wallstreetbets seems to have driven a near-2,000% rise in the stock price of troubled video game retailer.
Robinhood restricts trading in GameStop, drawing criticism from lawmakers
The decision has sparked fierce backlash from users and lawmakers.
Reddit users drive up value of GameStop stock
Thanks to a group on Reddit with millions of followers, individual investors have sent the value of GameStop's stock soaring this week, shocking Wall Street investors who bet big on the retailer's decline. The Securities and Exchange Commission and the White House both said they are monitoring the situation. CBS MoneyWatch's Stephen Gandel and CBSN technology reporter Dan Patterson join CBSN AM to break down what this all means.
GameStop vs. Wall Street
Small investors using a Reddit forum appear to have driven the stock of the struggling retail chain GameStop up nearly 800% and it's causing some major financial losses for seasoned Wall Street investors. Vladimir Duthiers has the details. CBS News business analyst Jill Schlesinger also joins "CBS This Morning" to discuss.
GameStop stock soars with help from online traders
Individual investors, fueled by social media posts, bought up GameStop stock, artificially inflating the price. The move caused Wall Street firms to take a hit. Manuel Bojorquez has more.
GameStop 300% stock rise reveals Wall Street battle royale
Investors in popular Reddit group push retailer's stock and are accused of threatening those betting against it.
Reddit bans "The_Donald" forum, citing hate speech
The popular subreddit was shut down because it continuously violated its hate speech policy.
Reddit bans pro-Trump community "The Donald"
Reddit banned "The_Donald," a pro-Trump forum with over 790,000 users during a hate speech crackdown in which it took down several groups that it says violated the site's rules of conduct. The site says the group violated its policies by allowing people to target and harass others.
Reddit co-founder on plans to fight racism
Reddit co-founder Alexis Ohanian, who is married to tennis superstar Serena Williams, resigned from his company's board on Friday. He told "CBS This Morning" co-host Gayle King he did it because he wanted his 2-year-old daughter, Olympia, "to be proud of her father."
Alexis Ohanian on "education" from wife Serena Williams
Ohanian said he made the decision to resign from Reddit's Board of Directors for his and Williams' 2-year-old daughter
Alexis Ohanian resigns from Reddit board, donates $1M
"I'm saying this as a father who needs to be able to answer his black daughter when she asks, 'What did you do?'," the Reddit co-founder said.
Grumpy Cat dies at age 7
Grumpy Cat, the famous feline whose signature frown is used in memes everywhere, has died at the age of 7. The cat, whose real name is Tardar Sauce, became an internet sensation after her photo went viral on Reddit in 2012.
Alexis Ohanian on congressional tech hearings
Reddit co-founder and venture capitalist Alexis Ohanian says "we've waited too long" to have conversations about technology that's already used widely in our society. He spoke with CBSN about the upcoming congressional hearings that are meant to explore possible antitrust violations by Facebook, Google, Amazon, and Apple.
"Anonymous" answers questions on Reddit
The anonymous author who wrote a book and op-ed allegedly documenting the inner workings of the White House said Tuesday on Reddit that he or she plans to reveal their identity at some point. Anonymous -- who has so far been identified only as "a senior official in the Trump administration" -- pledged that "Donald Trump has not heard the last of me."
Dangers of the QAnon conspiracy theories
American conspiracy theories are entering a dangerous new phase, according to a new piece from The Atlantic. It delves into the dangers that could lie ahead if we dismiss conspiracy theories, like that of the pro-Trump QAnon. Adrienne LaFrance, executive editor of The Atlantic, wrote the story and joined CBSN to discuss.
Woman receives Secret Santa gifts from Bill Gates
Among the gifts she received was a donation to the American Heart Association in memory of her mother, who died earlier this year.
"Anonymous" op-ed author pledges to reveal identity
"As far as anonymity is concerned, I will not keep my identity shrouded in secrecy forever," the author wrote.
Blizzard bans video game star after he supports Hong Kong protests
U.S. video game maker seizes player's Hearthstone Grandmasters winnings, saying he broke the company's rules
Keanu Reeves keeps hands off women in photos
Fans on social media have crowned Reeves as "The Respectful King"
Alexis Ohanian's note to his younger self: "Trust your instincts"
Tech entrepreneur and Reddit co-founder looks back on his life, from losing his mom at a young age to building a family with Serena Williams
Why Alexis Ohanian wants nationwide family leave
The U.S. is the only developed nation without paid family leave. The co-founder of Reddit tells CBS News why he wants to change that.
Elderly man sends heartfelt thank-you note for VHS player
In the letter, the 86-year-old writes about seeing the tape of his wedding and "all the family and friends, many of which are no longer around"
Reddit raises $300 million in finance round led by China's Tencent
The investment, which values the social media service at $3 billion, comes as Reddit is blocked in China
Listen Live: Supreme Court hears arguments in birthright citizenship case
The Supreme Court is hearing arguments over President Trump's bid to end birthright citizenship, a case that tests one of the cornerstones of his immigration agenda.
Live
Artemis II moon mission counts down to historic flight
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
Trump threatens to walk away from Iran war and pull U.S. out of NATO
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
Trump indicates he'll try to pull U.S. out of NATO
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
Majority of recent ship traffic through Strait of Hormuz linked to Iran
Trump said Iran gave him the "present" of letting eight oil tankers through the Strait of Hormuz, but the majority of ships making the passage are Iranian, including
Trump to give "important update on Iran" tonight in prime-time speech
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
Gas prices hit $4.06 a gallon before Trump's prime-time address
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
American journalist Shelly Kittleson kidnapped in Iraq
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
Jamie Dimon says AI could help shorten work week, cure cancer
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
U.S.
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King Charles III to address Congress on April 28
Congressional leaders announced that Britain's King Charles III will address a joint meeting of Congress as part of his visit to Washington later this month.
Gas prices hit $4.06 a gallon before Trump's prime-time address
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
Live
Artemis II moon mission counts down to historic flight
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
Listen Live: Supreme Court hears arguments in birthright citizenship case
The Supreme Court is hearing arguments over President Trump's bid to end birthright citizenship, a case that tests one of the cornerstones of his immigration agenda.
State health plan for foster kids threatened 8-year-old's cancer care
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
MoneyWatch
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Gas prices hit $4.06 a gallon before Trump's prime-time address
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
Jamie Dimon says rejecting capitalism is "dead wrong" in CBS News interview
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
Jamie Dimon: JPMorgan could offer prediction market services to investors
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Jamie Dimon says AI could help shorten work week, cure cancer
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
Americans saving less for retirement — that's a "warning sign," experts say.
Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.
Politics
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King Charles III to address Congress on April 28
Congressional leaders announced that Britain's King Charles III will address a joint meeting of Congress as part of his visit to Washington later this month.
Trump indicates he'll try to pull U.S. out of NATO
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
Listen Live: Supreme Court hears arguments in birthright citizenship case
The Supreme Court is hearing arguments over President Trump's bid to end birthright citizenship, a case that tests one of the cornerstones of his immigration agenda.
Trump attends Supreme Court arguments in birthright citizenship case
President Trump went to the Supreme Court on Wednesday as the justices took up his executive order seeking to end birthright citizenship, a major test of his immigration agenda.
Judge orders Trump admin. to restore legal status of migrants allowed in under Biden
A federal judge directed the Trump administration to restore the legal status of migrants allowed into the U.S. under a now-defunct Biden administration program for asylum-seekers who arrived at the southern border.
HealthWatch
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State health plan for foster kids threatened 8-year-old's cancer care
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
States pay contractors millions to comply with Trump law to cut Medicaid rolls
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
Hockey player diagnosed with Stage IV cancer at 26: "It was surreal"
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
World
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Majority of recent ship traffic through Strait of Hormuz linked to Iran
Trump said Iran gave him the "present" of letting eight oil tankers through the Strait of Hormuz, but the majority of ships making the passage are Iranian, including
Hiker's dog rescued by helicopter week after getting lost in forest
After strangers raised thousands of dollars for a search, the border collie was flown to safety by a pilot who was determined to reunite pet and owner.
Trump threatens to walk away from Iran war and pull U.S. out of NATO
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
Russian military plane crashes in Crimea, killing 29 people
The Soviet-designed military transport turboprop aircraft crashed into a cliff, sources at the scene told state news agencies.
American journalist Shelly Kittleson kidnapped in Iraq
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
Entertainment
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Entertainment
Kenan Thompson on new children's book
Actor and comedian Kenan Thompson joins "CBS Mornings" to discuss his new children's book, "Unfunny Bunny."
Crew that flew Apache helicopters near Kid Rock's house suspended
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift sued for trademark infringement
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone talks new season of "Euphoria"
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
Taylor Swift sued for trademark infringement over "The Life of a Showgirl"
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
Technology
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Technology
New film on risks and rewards of AI
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
Inside Apple's relationship with China
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
How AI powered robots are helping small farms
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.
Jamie Dimon: JPMorgan could offer prediction market services to investors
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
Company tries to make flying car of the future
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
Science
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Live
Artemis II moon mission counts down to historic flight
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
Snowy owl, cheetah among 40 species granted international protection
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
Everything to know about NASA's Artemis II moon mission launching today
NASA is poised to launch four astronauts on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice hits lowest winter level as heat records are shattered worldwide
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Sharks in Bahamas test positive for caffeine, painkillers, cocaine
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Crime
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Crime
Son of Hawaii doctor testifies at trial
The son of a Maui doctor testified that his father confessed to him over FaceTime to trying to kill his stepmother, Arielle Konig, on a hike last year. Prosecutors allege Gerhardt Konig tried to push his wife off a cliff, attempted to inject her with a syringe and hit her in the head with a rock.
Luigi Mangione lawyers seek to postpone trial
Lawyers for Luigi Mangione, the man charged with the murder of UnitedHealthcare CEO Brian Thompson, are seeking to postpone his federal murder trial. CBS News' Lilia Luciano reports.
Defense in Kirk case questions bullet analysis
Lawyers for the man accused of killing Charlie Kirk are asking to delay a preliminary hearing set for May, arguing the defense team needs time to review ATF analysis they contend "could not" connect a bullet fragment recovered during Kirk's autopsy with the rifle found near the scene of the crime. CBS News legal contributor Jessica Levinson joins to unpack the development.
New details on Tiger Woods arrest report
Tiger Woods had bloodshot eyes, was "sweating profusely" and had "extremely dilated" pupils after a rollover car crash last week, an arrest report shows. CBS News' Shanelle Kaul has the details.
Police find drug-smuggling tunnel with rail system and cranes in Spain
Police said two people headed the network, including one person considered to be the "narco-architect" and "mastermind of the tunnels."
Space
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Live
Artemis II moon mission counts down to historic flight
NASA's Artemis II astronauts are set to launch today on a nine-day mission around the moon and back. Follow the countdown and watch it live.
The Artemis II launch is today. Here's how to watch it live.
As launch time approaches for NASA's first moonshot in more than half a century, anticipation is building for the Artemis II mission. Here's how to watch today's liftoff.
Smooth countdown continues for Artemis II moon mission
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown begins for long-awaited Artemis II moon mission
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
These 4 astronauts are about to make history on flight around the moon
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Inside the Artemis II moon mission simulator
CBS News' Kris Van Cleave goes inside the Orion mission simulator cockpit to get a better idea of what NASA astronauts will be experiencing during the Artemis II launch set for Wednesday.
NASA makes final checks for Artemis II
NASA is in its final phase of preparations ahead of the planned Artemis II launch on Wednesday. CBS News' Bill Harwood and Peter King have more.
Trump at Supreme Court for arguments
President Trump is at the Supreme Court arguments over birthright citizenship, making him the first sitting president to do so. CBS News contributor Jessica Levinson and CBS News' Weijia Jiang have more.
Retired NASA astronaut on moon missions
Retired NASA astronaut Leroy Chiao joins CBS News 24/7 Mornings to discuss final preparations for the Artemis II launch set for Wednesday.
Trump's potential timeline on Iran war end
President Trump is signalling a potential end to the Iran war. CBS News' Holly Williams reports.