The Delaware judge who rescinded Elon Musk's record $56 billion compensation from Tesla on Tuesday has a reputation for her calm demeanor and demanding standards for corporate behavior. Chancellor Kathaleen McCormick's ruling on Musk's pay follows decisions against a private equity firm that tried to wriggle out of a takeover deal and a CEO who shortchanged his own shareholders when he sold his company.
A Delaware judge on Tuesday invalidated Elon Musk's $56 billion pay package for his work as Tesla's chief executive, siding with a Tesla shareholder who called the package unfair.
A Delaware judge on Tuesday ruled in favor of the investor plaintiffs who challenged billionaire Elon Musk's $56 billion Tesla pay package, a court filing showed.
Registrations of Tesla vehicles in California dropped 10% in the last quarter of 2023, the first fall in more than three years in the state, which is one of the most important markets for the electric carmaker and considered a national trend setter.
Wall Street was upbeat last week. The S&P 500 managed to secure a weekly win after setting a new record on Thursday. The S&P 500 added 1.1% last week, the Dow Jones inched up 0.7% and the Nasdaq Composite added about 0.9%.
The benchmark S&P 500 was subdued on Tuesday as investors assessed earnings reports from legacy companies United Parcel Service and General Motors, as well as data that signaled a mixed labor market.
EV maker Tesla (TSLA) has evolved into a dynamic technology innovator. Tesla snapped its 10-quarter winning streak in the third quarter of 2023 but maintains strong long-term potential. The electric vehicle (EV) giant reported rec
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco NASDAQ 100 ETF (Symbol: QQQM) where we have detected an approximate $1.0 billion dollar inflow -- that's a 5.1% increase week over week in o
Extending the rally that resulted in a gain of more than 24% last year, the S&P 500 is off to a strong start for 2024, thanks to the prospect of lower interest rates and encouraging economic data.
In early trading on Tuesday, shares of Tesla topped the list of the day's best performing components of the Nasdaq 100 index, trading up 1.0%. Year to date, Tesla has lost about 22.4% of its value.
Wall Street slipped on Tuesday, following mixed earnings from United Parcel Service and General Motors, as well as resilient labor market data that dampened expectations for an early start to rate cuts.
While automakers and suppliers are betting big on future demand for electric vehicles, a near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts.
Morning Markets March E-Mini S&P 500 futures (ESH24 ) are down -0.23%, and March Nasdaq 100 E-Mini futures (NQH24 ) are down -0.24%. Stock index futures this morning are moderately lower ahead of megacap technology stock earnings and the results of the 2-day FOMC meeting that begins today. The markets...
Shares of REV Group, Inc. (REVG) surged 11.5% after the company announced that it would pay a special dividend using cash generated from strategic measures.McGrath RentCorp’s (MGRC) shares soared 10.7% after equipment rental compa
Wall Street's main indexes were poised for a lower open on Tuesday, as investors assessed mixed earnings from legacy names such as United Parcel Service and General Motors while bracing for a key jobs report for insights into the labor market health.
The NASDAQ 100 Pre-Market Indicator is down -33.75 to 17,562.52. The total Pre-Market volume is currently 31,614,183 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro Short QQQ (SQQQ) is +0.08 at $11.91, with 2,376,688 shares t
Below is Validea's guru fundamental report for TESLA INC (TSLA). Of the 22 guru strategies we follow, TSLA rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum an
U.S. main stock index futures were flat on Tuesday, as investors assessed mixed corporate results from legacy names such as United Parcel Service and General Motors while awaiting a key jobs report that could offer clues into the labor market health.
Chinese electric vehicle (EV) battery giant CATL forecast net profit growth of up to 48.1% in 2023 on Tuesday, representing sharply weaker growth than the previous year as it grappled with slowing demand and stiff competition.