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2 mins read

Microsoft hints at a big change to its OpenAI investments in a new SEC filing

Microsoft previously described its relationship with OpenAI as a partnership. Now, the tech giant s…

Ashley Stewart   


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2 mins read

SEC charges activist Carl Icahn with failing to disclose billions in stock pledges

Carl Icahn and Icahn Enterprises agreed to pay a combined $2 million in fines.

Filip De Mott   


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6 mins read

How a free meal cost an investor his retirement savings

Fancy restaurants with presentations are a common practice in the industry, says one financial plan…

Laila Maidan   


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2 mins read

Super Micro Computer plunges 27% as it delays key filing a day after scathing short-seller report

The sharp decline knocked nearly $150 off Super Micro Computer's stock price to the $400 level, rep…

Matthew Fox   


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1 min read

Microstrategy is raising $42 billion — almost its entire market value — to buy more bitcoin

Microstrategy plans to issue debt and equity over three years to buy bitcoin. Its stock is trading …

Matthew Fox   


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1 min read

Truth Social has eclipsed the latest valuation of Elon Musk's X after Trump Media stock surges

Trump Media's $10.6 billion valuation also makes it more valuable than The New York Times, which is…

Matthew Fox   


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2 mins read

Trump Media's auditor charged with 'massive fraud' by SEC

The SEC said Trump Media's accounting firm, BF Borgers, committed fraud in more than 1,500 filings …

Geoff Weiss   


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1 min read

Trump Media stock tumbles as the SEC charges its auditor with 'massive fraud'

Trump Media's auditor was a "sham" and committed "massive fraud" for over two years, regulators sai…

Jennifer Sor   


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2 mins read

SEC is unhappy that Elon Musk did not give testimony to the financial regulator to attend a SpaceX launch

The US Securities and Exchange Commission isn't happy that Elon Musk missed court-ordered testimony…

Brent D. Griffiths   


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1 min read

Trump Media insiders sell nearly 11 million shares after lock-up period expires

The seller is the investment partnership of former "Apprentice" contestants Andrew Litinsky and Wes…

Filip De Mott   


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1 min read

Nvidia stock jumps on report CEO Jensen Huang is done selling shares after $713 million windfall

Mega-billionaire Jensen Huang has reached his pre-approved threshold for selling company stock.

Filip De Mott   


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3 mins read

Trump is days away from being able to dump his Trump Media stock for a massive payday

Trump Media's lockup period ends soon, allowing Donald Trump to sell his shares if he chooses. He'd…

Grace Eliza Goodwin,Geoff Wei…   


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2 mins read

GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile

GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rat…

Matthew Fox   


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1 min read

Hindalco subsidiary Novelis files draft papers for proposed US IPO

Atlanta-based Novelis Inc., a fully-owned subsidiary of Hindalco Industries, has announced that it …

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7 mins read

Read the letter OpenAI whistleblowers sent to the SEC calling for action on NDAs

OpenAI whistleblowers wrote to the Securities and Exchange Commission seeking an investigation into…

Jyoti Mann   


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1 min read

JD.com plummets after Walmart sells its $3.6 billion stake in the Chinese retailer

Walmart acquired a 5% stake in JD.com in 2016 when it was seeking to level up its retail business i…

Matthew Fox   


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1 min read

Hedge funds are suing the SEC over its 'contradictory' short-selling regulations

A group of hedge fund organizations argued that the SEC's new rules concerning short-selling disclo…

Filip De Mott   


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3 mins read

Boxabl acknowledges SEC inquiry in updated filing

Boxabl's prefabricated homes could help the housing crunch. But the company has left a trail of dis…

Daniel Geiger,Alex Nicoll   


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1 min read

Serve Robotics stock soars 241% after Nvidia takes $4 million stake in the company

Serve Robotics was founded in 2017 and develops and operates self-driving delivery vehicles focused…

Matthew Fox   


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1 min read

Chewy stock whipsaws after Roaring Kitty discloses a $245 million stake

Roaring Kitty is now one of the five biggest shareholders in Chewy. He sent the stock soaring last …

Filip De Mott