Elon Musk’s huge Tesla pay package has been challenged in court

WILMINGTON, Del. Testimony began Monday in a Delaware courtroom, where a Tesla shareholder is challenging a compensation plan for CEO Elon Musk that could be worth more than $ 55 billion. The lawsuit alleges that the performance-based stock option award was negotiated by a clearing committee and approved in 2018 by Tesla TSLA, -2.56% board … Read more

Markets are receiving a wake-up call in 2023, says Morgan Stanley, who offers a plan for investors to prepare.

According to Fed Reserve Governor Christopher Waller and several strategists, the weaker-than-expected October CPI last week that took the S&P 500 to its best level in five months was overstated. His words may be successful as stock futures indicate a softer start like the last full week before Thanksgiving. We will also receive retail sales … Read more

How JPMorgan avoided the 2022 card loss deals

Sometimes in investment banking, it’s the business you don’t do. JPMorgan avoided most of the so-called 2022 suspended deals that cost competitors billions of dollars in paper losses. Fortunately or by design, the largest US bank did not lend to support acquisitions of companies like Twitter, Citrix Systems and Nielsen, which lost value as markets … Read more

The extraordinary collapse of FTX has nothing to do with Theranos, says Tim Draper, venture capital investor and crypto-bull

Tim Draper, founder and managing partner of Draper Associates and Draper University, in a conversation with MarketWatch opposed the confrontation between the extraordinary implosion of the cryptocurrency trading platform FTX and the infamous biotech startup Theranos. “It’s not like Theranos,” he said. In a telephone interview on Friday, Draper said he was unaware of anyone … Read more

US stocks could rise another 25% now that the Fed is no longer cornered in the fight against inflation

One of Wall Street’s most relentless bulls made his argument as to why he thinks US stocks could continue to rise through the end of the year after October inflation data changed the game. Tom Lee, head of research at Fundstrat, said in a note to clients dated Friday that while “inflationists” doubt that the … Read more

Cryptocurrencies and technology are the first dominoes to fall when stimulus liquidity runs out, says this money manager. Here’s what might happen next.

CPI data is available and stocks are rising for a bullish session as stock futures explode higher on weaker-than-expected inflation. Markets probably didn’t need another extra brick on the wall of 2022 worries, but they still got one as FTX, the third largest cryptocurrency exchange in the world, is poised on a collapse that could … Read more

Opinion: Tesla investors were the biggest losers in Elon Musk’s Twitter deal and these losses continue

Twitter users have been complaining a lot about Elon Musk’s first moves after taking over the social network, but their complaints seem insignificant compared to what Tesla Inc. investors have had to go through. As the US focused on election returns Tuesday night, Tesla TSLA, -7.17% Chief Executive Officer Musk tried to escape the disclosure … Read more

Opinion: Tesla investors were the biggest losers in Elon Musk’s Twitter deal and these losses continue

Twitter users have been complaining a lot about Elon Musk’s first moves after taking over the social network, but their complaints seem insignificant compared to what Tesla Inc. investors have had to go through. As the US focused on election returns Tuesday night, Tesla TSLA, -7.17% Chief Executive Officer Musk tried to escape the disclosure … Read more

Disney shares plummet after losing earnings and revenue, sales growth is expected to slow after a record year

Walt Disney Co. ended its fiscal year with record sales and its best revenue growth in more than 25 years, but executives have forecast much slower sales increases for the year ahead, missing expectations for fourth quarter earnings and sales, sending shares down about 7% Tuesday afternoon. DISNEY DIS reported fourth-quarter net tax profit of … Read more

Here are the hidden problems at Warren Buffett’s Berkshire Hathaway

It’s midterm day in America, so pack your gun (where permitted by law), ask your local electoral attorney to call quickly, and whip out the popcorn. United States, United States. We will talk about it later. The company lost $ 2.7 billion in the third quarter, although its earnings are notoriously volatile and the losses … Read more