Category: Finance

Tesla Suggests $29 Billion Package to Keep Elon Musk as CEO

Tesla proposes giving Elon Musk $29 billion so he stays CEO Tesla approved a restricted stock award of 96 million shares, worth about $29 billion, to “incentivize” the controversial billionaire to remain at the head of the company during a protracted legal battle over his original pay package. Last year, a Delaware court voided Musk’s […]

Earnings Reports from Palantir, AMD, McDonald’s, and Others

Earnings From Palantir, AMD, McDonald’s and More Key Takeaways Several key companies are slated to report earnings this week, including Palantir, AMD, McDonald’s, Pfizer, Disney, and Uber. Investors will be watching for economic data releases on the U.S. trade deficit, productivity, consumer credit, and services-sector sentiment.  San Francisco Federal Reserve President Mary Daly and St. […]

Markets Dismiss Trump’s Tariff Assault: The Trade War Lacks Credibility

‘The Trade War Has Lost All Credibility:’ Markets Shrug Off Trump’s Tariff Blitz On Multiple Countries As President Donald Trump unveiled a blitz of new tariffs across different countries on Thursday, the markets remained largely unfazed by the move. What Happened: On Thursday, in a post on X, The Kobeissi Letter highlighted the market’s muted […]

Trump’s New Tariffs Are Unprecedented in Modern History

Trump’s new tariffs have no precedent in the modern era Facebook Tweet Email Link In just six months, President Donald Trump has remade global trade and upended a century of precedent. Trump on Thursday announced higher tariffs — again — on just about every country in the world. Even as some countries’ tariff rates came […]

Interest Rates Set by the Fed; Texas Redistricting Map Update: NPR

The Fed’s interest rates; Texas redistricting map : NPR Good morning. You’re reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today’s top stories Federal Reserve policymakers voted 9-2 yesterday to keep interest rates steady, despite President […]

Bank of America Downgrades Novo Nordisk Amid Weakening Growth Outlook for Wegovy

Novo Nordisk gets a downgrade from Bank of America as Wegovy growth outlook weakens Concerns over Novo Nordisk’s growth path is leading Bank of America to step to the sidelines. The bank downgraded the Danish pharmaceutical giant to neutral from buy and decreased its price target to $60. That updated target still implies more than […]

The Stock Market Is Experiencing a Rare Event—History Reveals What Comes Next

The Stock Market Is Doing Something Witnessed Just Once Ever Before — and History Has a Clear Answer on What Happens Next Key Points The S&P 500 and Nasdaq Composite indexes have produced outstanding returns for investors over the last five years. A huge portion of those gains has stemmed from expanding valuation multiples. Investors […]

Who Benefits and Who Loses in the US-EU Trade Agreement?

Who are the winners and losers in US-EU trade deal? James FitzGerald and Tom Geoghegan BBC News Getty Images The US and EU have struck what is being billed as the largest trade deal in history, after talks in Scotland. It actually resembles the framework for an agreement rather than a full trade deal, with […]

Leading Wall Street Analysts Suggest These Dividend Stocks for Steady Income

Top Wall Street analysts recommend these dividend stocks for regular income A sign is posted on the exterior of a Verizon store on September 30, 2024 in Daly City, California.  Justin Sullivan | Getty Images News | Getty Images As the stock market focuses on major earnings and negotiations on the tariff front, investors seeking […]

Trade Agreements Boost Wall Street Gains as Trump Intensifies Criticism of the Fed

Trade deals fuel Wall Street gains while Trump renews Fed attack Benzinga  |  Detroit Free Press Citgroup, Bank of America top profit forecasts on strong trading revenue Wall Street banks posted strong quarterly results as they benefited from volatile markets in the first three months of 2025. Citigroup and Bank of America topped estimates for […]