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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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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

Robinhood adds tokens to its platform as crypto enthusiasm surges following the election

Robinhood has added new tokens and re-listed some it had removed as the crypto market revels in Don…

Kelly Cloonan   


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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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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

Buy-now, pay-later giant Klarna files for IPO in the US

Klarna said the date of its IPO is subject to market conditions and an SEC review, and that it has …

Jyoti Mann   


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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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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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5 mins read

The NLRB filed a complaint against Apple. The former engineer who cofounded #AppleToo explains why it's important.

Apple faces allegations of labor law violations by the NLRB, spotlighting Cher Scarlett's case amid…

Helen Li   


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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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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

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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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