Elon Musk Reaches $1.5 Million Settlement With SEC Over Twitter Stake Authored by Aldgra Fredly via The Epoch Times, Tech billionaire Elon Musk on May 4 agreed to pay $1.5 million to resolve a Securities and Exchange Commission (SEC) lawsuit alleging he violated securities laws over the delayed disclosure of his Twitter stake. A filing dated May 4 states that Musk’s revocable trust will pay a civi...
Elon Musk Reaches $1.5 Million Settlement With SEC Over Twitter Stake Authored by Aldgra Fredly via The Epoch Times, Tech billionaire Elon Musk on May 4 agreed to pay $1.5 million to resolve a Securities and Exchange Commission (SEC) lawsuit alleging he violated securities laws over the delayed disclosure of his Twitter stake. A filing dated May 4 states that Musk’s revocable trust will pay a civil penalty of $1.5 million to the commission as part of the settlement, subject to approval by the court. According to the filing , once the proposed settlement is approved by the court, the SEC will “file a stipulated dismissal of Elon Musk in his personal capacity, which will resolve this case in its entirety.” The SEC filed the lawsuit in January 2025, alleging that Musk violated federal securities laws by delaying disclosure of his stake in Twitter before his bid to buy the platform in 2022. The regulator said Musk crossed the 5 percent ownership threshold in March 2022, triggering a 10-day deadline to make the holding public. Musk did not disclose his holdings until April 2022, when he had already acquired a more than 9 percent stake in Twitter, according to the filing. The SEC said the delay had allowed Musk to buy shares at “artificially low prices” and enabled him to underpay by at least $150 million for his shares after his beneficial ownership report was due. Musk had previously sought to have the SEC suit dismissed. In August 2025, his lawyers argued that the SEC targeted Musk over his outspoken criticism of the regulator and “government overreach.” Separately, in March, a federal jury held Musk liable for misleading Twitter shareholders by driving down the social media platform’s stock price months before acquiring it. The decision followed a civil class action lawsuit filed by Twitter investors in October 2022. Musk agreed to buy Twitter at $54.20 per share in April 2022 but later sought to back out of the deal, prompting the company to take legal action to enfo...
Birchtech ( BCHT ) on Tuesday appointed Michael Mioska as the company’s chief financial officer. Mioska has been an independent consultant providing finance, financial reporting, and M&A advisory-related services to a range of public companies since 2021, including Birchtech since 2023. BCHT -2.47% at $1.58. Press Release More on Birchtech Birchtech prices $15 million public offering, shares to de...
Birchtech ( BCHT ) on Tuesday appointed Michael Mioska as the company’s chief financial officer. Mioska has been an independent consultant providing finance, financial reporting, and M&A advisory-related services to a range of public companies since 2021, including Birchtech since 2023. BCHT -2.47% at $1.58. Press Release More on Birchtech Birchtech prices $15 million public offering, shares to debut on NYSE American Seeking Alpha’s Quant Rating on Birchtech Historical earnings data for Birchtech
Luis Alvarez Private credit companies like Blue Owl ( OWL ) are positioned for continued growth despite recent market jitters, according to a CNBC interview with analyst Wilma Burdis. A fter conducting a deep dive into Blue Owl’s portfolio, Burdis expressed confidence in the company’s fundamentals, noting that even among the riskiest loans sampled, loan-to-value ratios remained at a reasonable 70%...
Luis Alvarez Private credit companies like Blue Owl ( OWL ) are positioned for continued growth despite recent market jitters, according to a CNBC interview with analyst Wilma Burdis. A fter conducting a deep dive into Blue Owl’s portfolio, Burdis expressed confidence in the company’s fundamentals, noting that even among the riskiest loans sampled, loan-to-value ratios remained at a reasonable 70%, indicating a solid equity cushion. When asked whether recent sell-offs and fears of contagion were overdone, Burdis was emphatic in her response. “Overdone. Overdone,” she said. “And certainly, we’re seeing very good results in 01/2026. And more importantly, we’re seeing normal results, which I think is what people wanted to see.” Burdis indicated she would be a buyer of Blue Owl and similar stocks even after their recent bounce back. “I think there’s a lot more bouncing back to do for Blue Owl and the others,” she stated. She also pointed to strong fundraising in institutional channels as a positive indicator, noting that institutional investors who are more familiar with these products have continued to invest. The analyst also highlighted the significant opportunity in AI infrastructure spending as a major catalyst for Blue Owl’s growth. Blue Owl’s digital infrastructure and data center business benefit from strong relationships with major hyperscalers, including Meta, Google, and Amazon. According to Burdis, these partnerships date back a decade, when these tech giants’ success was far less certain. “They have great relationships, and certainly they have great ability to build out and deliver these data centers on time and under budget,” Burdis said. “So we think they’re in a good position.” The continued AI CapEx buildout, which she described as “not going anywhere,” should provide a sustained tailwind for Blue Owl’s infrastructure lending business. More related stories The Macro Situation Is Collapsing - Stock Market Still Defiant U.S. Dollar Mostly Softer, Gilts Pl...
Trygve Finkelsen/iStock Editorial via Getty Images Nintendo ( NTDOY ) is set to report fiscal fourth-quarter results on May 8, and investment firm Wedbush Securities believes there may be some kind of a “software reset” for the coming fiscal year from the Japanese entertainment giant. “We are recalibrating our FY27 estimates to reflect what we view as the most likely software outcome ahead of Nint...
Trygve Finkelsen/iStock Editorial via Getty Images Nintendo ( NTDOY ) is set to report fiscal fourth-quarter results on May 8, and investment firm Wedbush Securities believes there may be some kind of a “software reset” for the coming fiscal year from the Japanese entertainment giant. “We are recalibrating our FY27 estimates to reflect what we view as the most likely software outcome ahead of Nintendo's May guidance and the anticipated June Direct, lowering our FY27 EPS estimate to ¥412 (from ¥469) and our price target to ¥9,000 (from ¥10,500), based on a 22x P/E multiple,” analyst Alicia Reese wrote in a note to clients. Reese, who has a Neutral rating on Nintendo shares, added that she expects a Zelda game to come in fiscal 2027, likely a remake of Zelda: Ocarina of Time , for the Switch 2 console. She estimates sales for the game could be around 6M, well below the 11M she previously estimated. Adding to the concern is she believes Nintendo is unlikely to have a core four game for the holiday season (Super Smash Bros., Animal Crossing, 3D Mario, or Zelda), while Take-Two's ( TTWO ) Grand Theft Auto VI is set to launch in November. Nintendo is likely to have an upcoming slate featuring games such as Splatoon Raiders , Fire Emblem: Fortune's Weave , Star Fox , an OoT remake, The Duskbloods , and a Super Metroid remake, but it's unlikely enough to move the needle when factoring in other games, Reese added. “Our reset reflects 3P moving with, not against, first-party softness. With shares at ¥7,597, the stock now adequately discounts our Bear scenario,” Reese explained. “Post-FY27 guidance, Nintendo’s June Direct is the next potential catalyst; we would be incrementally more positive if a tier-1 release is announced for this year.” More on Nintendo Nintendo: A Timeless Franchise, Finally Reasonably Priced Again Nintendo: Mario 2, A Megahit, And Profit In J-Curve With Improvement Ahead Nintendo: The Upward Game Should Start Soon Historical earnings data for Nintendo Co...
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis The days when Intel ( INTC ) was the easiest stock to hate are over. The bearish case was so simple for so long: poor execution, loss of process lead, exposure to PCs, declining margins, and a costly "foundry" idea that seemed to be more fantasy than reality. But the old narrative is dead. People aren't buying Intel because they think P...
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis The days when Intel ( INTC ) was the easiest stock to hate are over. The bearish case was so simple for so long: poor execution, loss of process lead, exposure to PCs, declining margins, and a costly "foundry" idea that seemed to be more fantasy than reality. But the old narrative is dead. People aren't buying Intel because they think PCs will once again be a hot space. They're buying Intel because the company is at the center of a much larger discussion about who owns the underlying hardware necessary for the second generation of Artificial Intelligence (AI). I also talked about it extensively in my previous article on the stock , written in October 2025, in which I was strongly bullish. Seeking Alpha The first wave of AI was relatively straightforward: buy GPUs (Graphics Processing Units), buy Nvidia, and ignore almost everything else. However, the second wave is going to be different. Inference, agentic AI, real-time applications, custom silicon, advanced packaging, power consumption, and sovereign supply chains do not lend themselves to simple software explanations. These represent physical barriers to future success. And for the first time in a number of years, Intel finds itself closer to these physical barriers than many investors thought possible. That doesn’t make the stock cheap. That doesn’t eliminate the possibility of significant execution risk. And it absolutely does not imply that Intel is now equivalent to Taiwan Semiconductor Manufacturing Company ( TSM ) or NVIDIA ( NVDA ). But it does imply that the old bearish argument against Intel is no longer sufficient. When we look at Intel's Q1 2026 quarterly report, we see a very rare occurrence: revenue growth. We see very strong Data Center and AI demand. We see higher margins. We see continued improvement in their foundry business. We even see management providing indications that demand is outpacing supply. The reaction to this quarter by th...
Applied Digital Corporation ( APLD ) announced on Tuesday the closing of its previously disclosed transaction to contribute its cloud business to EKSO Bionics. As a result, the cloud business became a wholly owned subsidiary of EKSO, and EKSO changed its name to ChronoScale. ChronoScale will begin trading on the Nasdaq Capital Market on Tuesday, May 5, 2026, under the ticker “CHRN” and under a new...
Applied Digital Corporation ( APLD ) announced on Tuesday the closing of its previously disclosed transaction to contribute its cloud business to EKSO Bionics. As a result, the cloud business became a wholly owned subsidiary of EKSO, and EKSO changed its name to ChronoScale. ChronoScale will begin trading on the Nasdaq Capital Market on Tuesday, May 5, 2026, under the ticker “CHRN” and under a new CUSIP number, 170924104. Applied Digital was issued approximately 138M shares of ChronoScale common stock for the contribution of its cloud business. In addition, Applied Digital invested $15.75M in cash in ChronoScale for an additional approximately 1.4M shares of ChronoScale common stock priced at market in a private placement offering, which closed concurrently with the contribution transaction. Following the closing, Applied Digital owns approximately 97% of the outstanding shares of ChronoScale common stock. The company said that ChronoScale will operate as an accelerated compute platform purpose-built to support demanding artificial intelligence workloads designed to deliver scalable, GPU-based infrastructure optimized for AI training, inference, and high-performance computing. "Focused on large-scale deployments, ChronoScale will provide dedicated compute environments engineered for performance, consistency, and long-term operational execution, with the ability to scale capacity in line with accelerating AI demand and increasing utilization across the market," it added. In addition, the legacy EKSO business will also continue to operate as a wholly owned subsidiary of ChronoScale. Applied Digital said that the transaction comes as demand for AI infrastructure continues to increase, with cloud compute platforms experiencing rising utilization and evolving workload requirements. As a result, ChronoScale is expected to operate with greater flexibility to access capital, expand capacity, and pursue growth opportunities independently. More on Applied Digital Applied Digi...
(RTTNews) - While reporting financial results for the first quarter on Tuesday, energy utility WEC Energy Group, Inc. (WEC) reaffirmed its earnings guidance for the full-year 2026 in the range of $5.51 to $5.61 per share.
(RTTNews) - While reporting financial results for the first quarter on Tuesday, energy utility WEC Energy Group, Inc. (WEC) reaffirmed its earnings guidance for the full-year 2026 in the range of $5.51 to $5.61 per share.
Trading of Canada’s Goldquest Mining Corp is scheduled to resume Tuesday after the Dominican Republic halted development of its Romero gold mine project in the wake of mass protests. President Luis Abinader late Monday said his administration had “listened with attention, respect and responsibility” to community concerns about the project and was suspending all work at the site in western Dominica...
Trading of Canada’s Goldquest Mining Corp is scheduled to resume Tuesday after the Dominican Republic halted development of its Romero gold mine project in the wake of mass protests. President Luis Abinader late Monday said his administration had “listened with attention, respect and responsibility” to community concerns about the project and was suspending all work at the site in western Dominican Republic. Goldquest didn’t immediately return a request for comment outside of regular business hours. But on Monday, before the government’s announcement, the Toronto-based company said in a statement it was committed to “the responsible and transparent development of the Romero Project.” The company has said the 3,997-hectare concession had probable reserves of 840,000 ounces of gold, 980,000 ounces of silver and 136 million pounds of copper. The Canadian Investment Regulatory Organization halted trading of the stock on the TSX Venture Exchange midday Monday after the shares had dropped more than 17%. The halt was lifted on Tuesday morning, allowing the shares to resume trading when the market opens at 9:30 a.m. local time. Abinader’s decision came after hundreds of people protested the project over the weekend citing concerns it would damage soil and water. Abinader said the mining concession had been granted in 2005 and ratified again in 2010. But he said that under his administration the project had never moved beyond the environmental evaluation phase. “My commitment is to the country, its people and their future,” he said.
Shares of Norwegian Cruise Line (NYSE: NCLH) sank 9% on Monday, after the company posted disappointing financial results. Investors who flocked to the country's third largest cruise line, on the premise that it was the cheapest of the publicly traded players, are being reminded that sometimes you get what you pay for. Norwegian Cruise Line -- or NCL, for short -- posted mixed financial results thr...
Shares of Norwegian Cruise Line (NYSE: NCLH) sank 9% on Monday, after the company posted disappointing financial results. Investors who flocked to the country's third largest cruise line, on the premise that it was the cheapest of the publicly traded players, are being reminded that sometimes you get what you pay for. Norwegian Cruise Line -- or NCL, for short -- posted mixed financial results through the first three months of this year. Revenue rose 10% to $2.33 billion. That was just shy of the 11% year-over-year increase that analysts were forecasting and rival Royal Caribbean (NYSE: RCL) achieved for the quarter. Image source: Getty Images. Continue reading
Nvidia stock broke out from its monthslong trading range of $165-$195 amid wider enthusiasm about the semiconductor sector last week but subsequently fell back.
Nvidia stock broke out from its monthslong trading range of $165-$195 amid wider enthusiasm about the semiconductor sector last week but subsequently fell back.
Cipher Digital ( CIFR ) on Tuesday said it made progress on key data center projects and strengthened its financial position in its first-quarter 2026 business update. The company said development remains on track at its Barber Lake and Black Pearl campuses, with construction milestones advancing as planned. Cipher also signed its third AI data center campus lease with an investment-grade hypersca...
Cipher Digital ( CIFR ) on Tuesday said it made progress on key data center projects and strengthened its financial position in its first-quarter 2026 business update. The company said development remains on track at its Barber Lake and Black Pearl campuses, with construction milestones advancing as planned. Cipher also signed its third AI data center campus lease with an investment-grade hyperscale tenant, adding to its growing pipeline. On the financing side, Cipher secured a $200M revolving credit facility backed by a syndicate of global financial institutions, providing additional liquidity for near-term capital needs. Cipher reported first-quarter revenue of $35M, while consensus was $36.49M. Adjusted EBITDA of negative $48M. Shares up +1.8% premarket. More on Cipher Mining Cipher Digital: From Bitcoin Miner To AI Landlord Cipher Digital's $9B Pivot To AI Infrastructure Is Still Undervalued Cipher Digital Inc. (CIFR) Cipher Mining Inc. Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Cipher Mining Q1 2026 Earnings Preview Why are top crypto stocks RIOT, BTDR, & CIFR under pressure?