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GameStop could make more money than it has in recent quarters by just sitting on its $4 billion cash pile
GameStop's $4 billion cash pile could generate upwards of $200 million in annual interest based on …
Matthew Fox
A Texas man tried to buy a rocket company for $200 million. The SEC claims he never had the money.
The SEC has filed charges against Matthew Brown, alleging he made a "bogus" offer to invest $200 mi…
Tom Carter
It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says
Garry Gensler told the Financial Times that AI could cause a financial crash as soon as the late 20…
Tom Carter
It is 'nearly unavoidable' that AI will cause a financial crash within a decade, SEC head says
Garry Gensler told the Financial Times that AI could cause a financial crash as soon as the late 20…
Tom Carter
The meme-stock rally is dead as reality sets in amid GameStop's warning on revenue and plan to sell 45 million shares
GameStop shares on Friday were back to levels they were trading at last week, having erased nearly …
Matthew Fox
'Someone played this beautifully': Why one expert is suspicious of the latest meme-stock revival
Deep out-of-the-money call options on GameStop stock saw an explosion in trading activity in the we…
Matthew Fox
Billionaire Ryan Cohen's 2022 purchase and abrupt sale of Bed Bath & Beyond shares are being investigated by the SEC, report says
Cohen, who also chairs fellow meme stock GameStop, scored a profit of almost $60 million following …
Joseph Wilkins
Trump Media picks new accountants after last ones were charged with 'massive' scam
Trump Media has engaged a new Phoenix-based firm after its previous auditors, BF Borgers, settled w…
Geoff Weiss
The SEC charged a podcast host for running an $11 million Ponzi scheme it says helped fund a lakeside mansion and courtside NBA seats
Matthew Motil, the host of "The Cash Flow King" used social media to lure more than 50 investors in…
Phil Rosen
Elon Musk donated nearly $2 billion worth of Tesla stock to a charity last year, SEC filing shows
The $1.95 billion worth of Tesla stock donations were made from August to December 2022, at a time …
Zahra Tayeb
Ibotta's IPO just minted more than 150 millionaires, many in Denver, CEO says
"By my calculations, I believe there'll be over 150 people who make at least a million dollars on t…
Matthew Fox
Here's how users on Truth Social are feeling about Trump Media's steep stock decline
Some Truth Social users bemoaned the crash, looking for someone to blame as the shares continued to…
Jennifer Sor
Stock market today: US indexes reverse lower on worries of Israel-Iran escalation and spiking Treasury yields
"Iranian officials have said that this concludes the response and markets are hoping that the situa…
Matthew Fox
Stock market today: US stocks surge as investors brush away Israel-Iran conflict fears in favor of solid retail sales data
"There appears to be widespread relief that Iran's bombardment of Israel on Saturday was largely re…
Matthew Fox
Trump Media plunges as volatile trading sends social media firm's market value below $5 billion
Shares of Trump Media dropped as much as 10% on Wednesday, dragging the company's market value belo…
Yuheng Zhan
These are the top 10 holdings of Destiny Tech100 Fund, which has soared 1,110% since its debut last month
DXYZ has seen volatile trades recently, with the closed-end fund rising 69% on Monday and falling a…
Matthew Fox
Ripple Labs accuses the SEC of trying to 'punish and intimidate' by seeking $2 billion in penalties from XRP developer
The SEC is trying to "punish and intimidate" XRP developer Ripple Labs by seeking penalties worth $…
George Glover
Trump Media tumbles 26% after first-week surge as new financials raise red flags
A new SEC filing showed the company reported a net loss of $58.2 million last year, on just $4.1 mi…
Yuheng Zhan
Fisker stock implodes, gets delisted from NYSE after financing deal with large automaker falls through
Fisker said in a SEC filing that it "continues to evaluate strategic alternatives." Those alternati…
Matthew Fox
Trump Media stock soars 59% after Truth Social parent adopts 'DJT' ticker symbol
Donald Trump can't sell his multibillion-dollar stake in Truth Social until a six-month lockup peri…