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.
The video game retailer has recently raised roughly $3 billion in cash, capitalizing on a jump in its stock price.
GameStop's stock price jumped more than 87% in pre-market trading following post on Reddit linked to trader Keith Gill.
Shares of GameStop are plunging before the opening bell after the company fired CEO Matthew Furlong.
GameStop raised more than $1 billion in its latest stock sale, capitalizing on a newly arrived and fervent army of online investors.
The overhaul in the top ranks of GameStop continues with the announced departure of CEO George Sherman at the end of July.
Two months after a market phenomenon took shares of North Texas-based GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated.
In a move meant to push the business toward a more digital future, Grapevine-based GameStop has named an activist investor to help shift more of its business online.
GameStop shares surged before the start of U.S. trade on Thursday, with the stock more than tripling over the last two days.
GameStop Executive Vice President and Chief Financial Officer Jim Bell is resigning from his roles on March 26, 2021.
Many investors fully understand the contradiction between GameStop's stock price and its business fundamentals.
GameStop's stock price cratered on Tuesday, falling 60% to $90 a share. The drop signaled that the popular WallStreetBets Reddit stock market discussion board may be losing its magic.
Independent investors communicating online started purchasing GameStop shares, driving up the price. AMC Theaters, American Airlines, and Bed Bath & Beyond became hot commodities, too.
Stock-trading platform, Robinhood and a few others announced Thursday, Jan. 28, they were restricting transactions for certain stocks, including GameStop.
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
"This isn't just a legal question. It's a moral question," says University of Texas at Dallas Law Professor Mike Maslanka.
Unemployment claims are mounting as thousands of Texans find themselves jobless.
After GameStop posted 2nd quarter earnings that fell short of predictions, the company announced it would be closing as many as 200 stores by the end of the year.
Police said the suspect pictured in surveillance images has committed at least three aggravated robberies in Lancaster, Dallas and Mesquite.
A Consumer Justice investigation found your valuables could be stolen and sold the same day at some stores in North Texas. And it's all because one city can't agree on how to enforce its own law.
The Grapevine-based company is best known for selling games announced plans Monday to launch a new division called GameTrust that will help distribute and market them.
GameStop is dipping a toe into the video game publishing business. The retailer is partnering with Insomniac Games to release the studio's upcoming underwater adventure "Song of the Deep."
GameStop said that the stronger dollar hurt sales in the fourth quarter. Sales for the Grapevine video game retailer fell about 6 percent in the three months that ended January 31.
Video game retailer GameStop, based out of Grapevine, reported a third-quarter profit that missed Wall Street expectations, while also cutting its outlook for the year.
While the Electronic Entertainment Expo is no longer open to the public, the GameStop Expo offers everyday gamers a chance to preview upcoming titles and hardware.
An EF‑2 hit Runaway Bay and an EF‑1 struck Springtown as two people were killed in the storms.
The department said the church was safely evacuated around 12:30 p.m. and that the building was searched.
The supercell originated in Wichita County around 4 p.m., where the storm quickly broke the capping inversion, allowing the updraft to explode.
Police say 26-year-old Herman Resendiz-Velez now faces charges.
J.D. Clark shared a brief update Sunday morning in the wake of storms that claimed one life in Wise County.
The Storm Prediction Center now has a slight risk for some of the same counties that were impacted by the storms Saturday night.
Authorities in Wise and Parker counties confirmed two storm‑related deaths Saturday as rescue crews responded to major damage.
An EF‑2 hit Runaway Bay and an EF‑1 struck Springtown as two people were killed in the storms.
The department said the church was safely evacuated around 12:30 p.m. and that the building was searched.
Tanner Horner is accused of killing 7-year-old Athena Strand after allegedly abducting and strangling her while delivering a package in 2022.
Family ignored a nighttime alert during deadly flooding. Now, questions are growing about notification fatigue and whether the system needs changes.
Texans are tuning out more than Amber Alerts, with the highest opt-out rate in the country for wireless emergency alerts.
State records show regulators ordered the removal of a plastic gas pipe installed in the early 1970s after it was linked to multiple explosions and deaths in North Texas.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
A North Texas baby placed under the safe haven law is at the center of a rare custody fight after the biological family came forward months later seeking to reclaim him.
Starting Monday, the Trump administration began processing an estimated $166 to $175 billion in tariff refunds for American businesses. But the rollout is already running into problems.
State Rep. Vikki Goodwin and labor leader Marcos Velez both spoke recently with Jack Fink.
The suspect was identified to CBS News by law enforcement sources as 31-year-old Cole Allen of Torrance, California.
President Trump was evacuated from the White House Correspondents' Dinner after shots rang out at the hotel where the event was taking place.
President Trump was safely evacuated from the White House Correspondents' Association Dinner Saturday night after shots were fired outside the ballroom of the Washington Hilton Hotel.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
After months waiting for a new heart, 9-year-old Penny found hope through music—and a second chance at life.
New Texas regulations took effect March 31 that capped THC in smokable hemp products at 0.3%, banning some popular items.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Weiser said "the last few years has required a heavy financial lift to continue operating."
Small businesses along South Akard Street say the removal of a key bridge connecting Downtown Dallas to the Cedars neighborhood is already driving customers away, with no return of direct access expected until 2028.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Matt Boldy scored on a deflection with 28.9 seconds left in the first overtime and the Minnesota Wild beat the Dallas Stars 3-2 on Saturday in Game 4 to tie the first-round NHL playoff series.
"I didn't want to be known as the girl with one arm that plays soccer," Denver Summit FC player Carson Pickett told CBS News. "I just wanted to be known for the girl that plays soccer."
Jacob deGrom had his 62nd career 10-strikeout game and the Texas Rangers hit two homers in a 6-1 win over the Pittsburgh Pirates.
Bill Jones: The Cowboys will knock it out of the park if they can land Ohio State safety Caleb Downs and then trade down for extra picks.
Wyatt Johnston scored on a power-play deflection at 12:10 of the second overtime to give the Dallas Stars a 4-3 victory over the Minnesota Wild early Thursday for a 2-1 lead in the first-round series.
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
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.
Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
"Beverly Hills, 90210" actress Tori Spelling was involved in a two-car crash in Temecula on Thursday night, according to her manager and Riverside County Sheriff's Office officials.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
