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GameStop raises $2.1 billion after latest "meme stock" surge
The video game retailer has recently raised roughly $3 billion in cash, capitalizing on a jump in its stock price.
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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.
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.
Consumer's snapped up Costco's new gold bar offerings, contributing to the company's strong earnings last quarter.
Dow hits 2022 low as markets sell off on recession fears as central banks around the world jack up interest rates.
Despite uncertainty about the economy, the stock market is booming and Wall Street is confident it can keep pressing ahead.
Does the huge drop in the Dow Jones and other indices mark the end of a historic run that dates back to the pandemic's early days?
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'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.
The stock market has enjoyed unprecedented gains during the pandemic, with the strange, meteoric rise of GameStop among the highlights.
The stock market has enjoyed a historic rise, despite the pandemic and political upheaval, and looks poised to continue growing through 2021 and beyond.
The Dow Jones crossed the 30,000 threshold for the first time ever Tuesday, fueled by news that suggests a more stable economy in the near future.
Today's stock market gains come despite all the election uncertainty, but may suggest optimism for a second stimulus package down the line.
In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
The stock market reacted positively to the recent record unemployment numbers, which suggests a strong economic comeback, but be wary.
The Federal Reserve of St. Louis estimates the nation's jobless rate could hit a staggering 32% within months.
"For most people, the best course of action is sit tight, double buckle the seat belt, keep adding money while stocks are lowering and keep accumulating more shares."
Stock trading was halted on Monday after the Federal Reserve's emergency action plan did little to squeal Wall Street's fears of a recession because of the coronavirus pandemic.
The Dow Jones fell so sharply -- plummeting 1,800 points at the open -- that circuit breakers tripped and trading on the New York Stock Exchange had to be halted.
Empty store shelves, medical supply shortages and a declining stock market are all signs of what could be a coronavirus panic spreading to North Texas.
Although Apple's iPhone has long wowed consumers and investors alike, the device that has served as a benchmark for mobile devices may be losing its luster.
Shares of Tesla Inc. tumbled Wednesday after the company cut vehicle prices and announced 4th quarter sales figures that fell short of Wall Street estimates.
"Oftentimes, it takes something like messing up the national anthem on live TV in order for a person to get some help."
Bruce Bochy of the host Rangers became the first manager to win World Series titles and All-Star Games in both leagues.
After four years in college and five years in the minors, the versatile 28-year-old Cleveland Guardians player made the All-Star team in his first full season in the big leagues.
President Biden is considering proposals to reform the Supreme Court, CBS News has learned.
The incoming cold front will bring cooler weather and rain chances, a rare statement for mid-July.
"Oftentimes, it takes something like messing up the national anthem on live TV in order for a person to get some help."
Bruce Bochy of the host Rangers became the first manager to win World Series titles and All-Star Games in both leagues.
After four years in college and five years in the minors, the versatile 28-year-old Cleveland Guardians player made the All-Star team in his first full season in the big leagues.
President Biden is considering proposals to reform the Supreme Court, CBS News has learned.
The incoming cold front will bring cooler weather and rain chances, a rare statement for mid-July.
A year after Andre Craig was killed in a high-speed Fort Worth police chase, his grieving family seeks answers.
The judge cited the company's cruel treatment of the animals for, "unreasonably depriving the animals of necessary care or shelter."
Thousands of items disappeared from the DeSoto Police Department evidence room, an internal audit found.
When 72-year-old Tom England received his Medicare statement in the mail, he immediately sensed something was wrong.
Jeremiah Cottle is selling all the intellectual property rights for the manufacture of bump stocks.
President Biden is considering proposals to reform the Supreme Court, CBS News has learned.
Three Republican National Convention delegates from North Texas discuss former President Trump entering the convention hall two days after being shot, his Vice President pick, and more.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
Sen. Bob Menendez tried to shift the blame to his wife, Nadine Menendez, but was found guilty on all 16 felony counts for a scheme involving bribery and business favors.
Monica De La Cruz, R-15th Congressional District, told Jack FInk that she'll talk about the top concerns for Americans, including inflation. "Families all across this nation are struggling to put food on the table. I'm also going to talk about the men and women who've been forgotten by the Biden administration due to Biden's lack of securing our border."
Richardson residents continue to recover from storms that hit North Texas with winds that created debris and damages to homes.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
Over the past several months, the CBS News Texas I-Team has reported on solar panel horror stories. This time, we set out to find a success story.
Self-driving 18-wheelers have longtime truckers worried about their livelihood and others concerned that the technology needs more testing to make sure the public is safe.
McDonald's concept restaurant CosMc's has taken its drink-focused menu to Dallas for its second-ever location.
Nationwide, the CDC says the COVID virus level in wastewater is now "high" for the first time since last winter.
Tahjana Lewis suffered burns to her chest, arms and legs, according to a recent lawsuit the Connecticut woman filed.
"Remember, viruses don't really care what time of year it is, or who you are."
One product contained 16 different metals, with researchers calling for rules requiring manufacturers to test tampons.
Hatch has received two reports of people being shocked after plastic on the product's AC power adapter came off.
Tech mogul Elon Musk said Tuesday afternoon that he would be moving the headquarters of both his social media company X and SpaceX to Texas in response to a new California law signed by Gov. Gavin Newsom.
Consumer confidence in the deal remains as unguaranteed as a nod from the feds.
Dallas-based American Rounds says more than 200 stores in Texas are requesting a machine.
Massive flames and heavy smoke could be seen coming from Baby Doll's for hours as firefighters worked to put the fire out.
If you're not one of the millions of people traveling for the holiday, here's where you can go to shop and eat.
Bruce Bochy of the host Rangers became the first manager to win World Series titles and All-Star Games in both leagues.
Joe "Jellybean" Bryant, a former Philadelphia 76ers and La Salle University basketball great and the father of the late, NBA legend Kobe Bryant, has died. He was 69.
Marcus Semien, Kirby Yates and Corey Seager will represent the Texas Rangers Tuesday night in Arlington.
Witt was the No. 2 overall pick by the Royals in 2019 out of Colleyville Heritage High School, about 15 miles north of the Rangers' stadium.
The defending champions won seven of their last 10 games to enter the All-Star break in third place in the AL West.
"Oftentimes, it takes something like messing up the national anthem on live TV in order for a person to get some help."
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Shannen Doherty had been battling cancer since 2015.
Richard Simmons devoted his life to making people sweat with his "Sweatin' to the Oldies" workout videos.
There is a good chance for some much-appreciated rain on Thursday.
CBS News Texas political reporter Jack Fink looks at Day 2 of the Republican National Convention, which included speeches from U.S. Sen. Ted Cruz, R-Texas, and Dallas Mayor Eric Johnson.
The video of Ingrid Andress' performance of the national anthem at the MLB Homerun Derby has gone viral and baseball fans are reacting. "It was terrible," fan Linda Albrecht said. "We've seen her before and she was delightful and so it was very upsetting."
Former Grapevine High star David Fry’s journey to the MLB All-Star game has been remarkable. After four years in college and five years in the minors, the multi-talented Cleveland Guardians player has become an All-Star in his first full season in the big leagues.
Musk said the "final straw" in his decision was a new California law that bans school districts from passing policies requiring schools to notify parents if their child asks to change their gender identification.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
Severe storms made way across North Texas on May 28, leaving behind a path of destruction.
Damage from across North Texas that was left behind by two tornadoes on May 25.
A storm chaser not only captured a massive tornado touching down in Hawley, Texas on Thursday but ended up rescuing a family of four whose home was destroyed by it.
Dallas artist Roberto Marquez traveled to the Rafah Crossing in Egypt, the U.S. capital and will attend this weekend's statewide protest in Austin.