On Monday of this week, Nvidia (NASDAQ: NVDA) retreated hard off its recent highs, after it was disclosed that CEO Jensen Huang sold $95 million worth of stock, or 720,000 shares, in just one week between June 13 and June 21. The sales were part of a trading plan in which Huang plans to sell […]
In this week’s video, I cover need-to-know news items related to Tesla (NASDAQ: TSLA) during the week of June 17. You can find last week’s summary here. *Stock prices used were from the trading day of June 21, 2024. The video was published on June 22, 2024. Should you invest $1,000 in Tesla right now? […]
(Bloomberg) — Brazilian President Luiz Inacio Lula da Silva said he wants Petrobras to be profitable in an apparent effort to ease investor concerns about the direction of the state-controlled oil producer. Most Read from Bloomberg “Nobody wants any shareholder to lose money,” Lula said Wednesday at a ceremony to swear in Chief Executive Officer […]
Elon Musk.Apu Gomes via Getty Images Tesla investors voted on Thursday to approve Elon Musk’s multibillion-dollar pay package. However, some institutional shareholders told BI that Musk’s award was a mistake. One investor questioned if Musk is the right person to continue leading Tesla. Some institutional Tesla shareholders told Business Insider that approving Elon Musk‘s record-shattering […]
Chipotle (NYSE: CMG) is one step closer to the finish line of its historic stock split. At its annual meeting of shareholders held on June 6, 2024, shareholders approved the measure, paving the way for its 50-for-1 stock split to take place later this month. There are a few important dates for shareholders to remember. […]
TOKYO (AP) — Toyota’s chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against keeping the grandson of the founder on its board. The vote expected at the June 18 annual shareholders meeting comes after Toyota apologized recently over fraudulent certification tests for vehicles, a […]
TOKYO (AP) — Toyota’s chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against keeping the grandson of the founder on its board. The vote expected at the June 18 annual shareholders meeting comes after Toyota apologized recently over fraudulent certification tests for vehicles, a […]
Though Tesla (TSLA) shareholders voted to reinstate Elon Musk’s pay package on Thursday afternoon, some investors and analysts told Yahoo Finance they remain skeptical. “The whole thing is a game of chicken and the shareholders blinked,” early Tesla investor Ibrahim AlHusseini said. “Fear of loss is a big motivator and Elon wielded that psychological mechanism […]
Roughly three decades ago, the advent of the internet changed the growth trajectory for corporate America. Since then, numerous new technologies, innovations, and next-big-thing trends have come along promising to be the greatest thing since sliced bread. However, none have come close to matching the game-changing potential that connecting the world via the internet brough […]
Dow Jones futures fell early Friday, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA) shareholders approved a massive pay deal for Elon Musk, who teased future EVs. Meanwhile Adobe (ADBE) soared on earnings. X The stock market rally showed mixed action Thursday despite another tame inflation report. The Nasdaq set a fresh all-time high […]
Tesla shareholders have voted to restore chief executive Elon Musk’s record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year. Vote totals were not immediately announced at Tesla’s annual stockholders’ meeting on Thursday, but the company said they voted for Mr Musk’s compensation plan, which initially was approved by […]
(Reuters) -Tesla shareholders approved CEO Elon Musk’s $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an enticement for keeping his focus on his biggest source of wealth. The approval of the largest CEO package in U.S. corporate history underscores the sport Musk has from the company’s […]