GameStop has been killing it on Wall Street this week as thousands of small investors are buying stock and driving up the market value of the company. These investors are gathering in places like the r/Wallstreetbets subreddit and targeting short sellers by buying up what are called “meme stocks.” While GameStop is the current beneficiary of this plan, other companies like BlackBerry and AMC have also been bought up, sending shares soaring. The big question becomes… what happens when people stop buying or try to offload their shares to cash in? James Surowiecki, columnist for online business magazine Marker, joins us for how it all works.

Next, California and other states have begun rolling back some of their strict coronavirus restrictions as new Covid strains are beginning to circulate. New cases and hospitalizations are declining causing governors like Gavin Newsom to let some businesses open at limited capacity again. Some say politics may be at play since he is facing a recall effort, but Newsom says that has no merit. Businesses and restaurants are happy at the chance to reopen, but some urge caution that it could be too soon. Emma Court, health reporter at Bloomberg News, joins us for more.

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