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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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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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Nvidia has shed $431 billion in market cap in just 4 days after briefly becoming the world's most valuable company

Nvidia, which was the world's most valuable company just last week, is now worth $2.9 trillion, mak…

Matthew Fox   


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Trump Media stock has plunged 46% since Donald Trump was found guilty in hush-money trial

Trump Media stock fell 6% on Monday, declined by another 10% on Tuesday, and is down another 10% on…

Matthew Fox   


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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   


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1 min read

Roaring Kitty becomes the 4th largest GameStop shareholder after nearly doubling his position to 9 million shares

With Gill owning nine million shares, he stands to earn or lose $90,000 for every penny move in Gam…

Matthew Fox   


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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   


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1 min read

Trump Media says 'manipulation' is hurting its stock and it wants the Nasdaq to help investigate

Donald Trump's media company is doubling down on claims there's something fishy going on with its s…

Geoff Weiss   


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Investors should beware of 'AI washing' by companies amid Wall Street's craze for the technology, SEC chief Gary Gensler says

The SEC chief said companies must be clear about what AI means to their business, and advisors shou…

Yuheng Zhan   


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4 mins read

A case for investing in Government securities

Government securities, commonly known as G-secs, are debt instruments issued by the Government of I…

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1 min read

Supreme Court gives SEC a win over Elon Musk

The Supreme Court on Monday rejected Musk's attempt to undo a 2018 SEC settlement that requires him…

Geoff Weiss   


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Stock market today: Indexes end the week mixed after inflation scare and Nvidia earnings boom

A strong earnings report from Nvidia helped boost AI-related tech stocks and drove the Nasdaq 100 t…

Matthew Fox   


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Stock market today: US stocks look to rebound after inflation worries sparked 2-day decline

"That NVDA couldn't support the market underscores that even the most powerful company within the S…

Matthew Fox   


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RBI to soon launch app to enable retail investors to participate in govt bonds

The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…

PTI   


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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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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   


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'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   


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The SEC looks to help stabilize the $26 trillion Treasury bond market with new rules

After a series of choppy spells in the bond market, regulators want to force more Treasury trades t…

Aruni Soni   


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1 min read

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   


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3 mins read

Companies are required to disclose their climate impact, SEC says

The new SEC requirement is not an environmental protection rule but will require companies to be mo…

Allie Kelly,Catherine Boudreau