Snowflake Stock Falls. Why It’s Being Left Out of the AI Rally.
Revenue was better than expected, but the tech stock fell after executives said on an earnings call that growth moderated in April.
Revenue was better than expected, but the tech stock fell after executives said on an earnings call that growth moderated in April.
The small business laid bare just how much customers were paying in card surcharges.
The woman from Brisbane is urging others to look out for the red flags she missed. Read more here.
There is one fear plaguing the vast majority of working Australians, and experts say it’s not going away.
Baked into the expectations for Tesla and Nvidia stock are the vision that a single player will dominate a revolutionary industry, facing little competition, virtually in perpetuity.
Tesla's (TSLA) stock momentum seems to have stalled Friday morning after shareholders voted to approve CEO Elon Musk's pay packages — valued at nearly $46 billion — at the company's annual shareholder meeting on Thursday. Many analysts and Wall Street experts have shared new, incredibly bullish forecasts for the EV company, including Wedbush's Dan Ives — whose latest call sees Tesla's market cap reaching over $1 trillion in 2025 — and Ark Invest (ARKK) Founder, CEO, and CIO Cathie Wood, who believes the stock could reach $2,600 by 2029. However, not everyone shares this enthusiasm around Tesla and Elon Musk. Clean Energy Transition CEO and Portfolio Manager Per Lekander — a long-time Tesla short-seller — joins The Morning Brief to explain his $15 price target, likening Tesla to "the next Enron." "Let's not forget, that the stock is down 60% from all-time high at the same time as the market has gone up, 20, 25% in the meantime," Lekander says, citing Tesla's earnings and its year-to-date stock losses. "So the stock needs to go down. Once it goes down, it's going to go down more. And I think what drives it down is earnings. And I think we are very, very close to the turning point because so far it's been a slippery slope. They've sold cars poorly therefore they lowered the price, therefore earnings went down..." Lekander characterizes Musk as "missing... what's going on in the overall EV space" coming out of COVID-19 pandemic trends. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why. Is Elon Musk the right fit as Tesla's CEO? Musk pay package: What's incentivizing shareholder votes Elon Musk's $46B Tesla pay package: Explained
Clawback After firing a number of Twitter staff in Australia, the platform's new owner Elon Musk is threatening to take them to court, demanding to claw back payments after claiming the company had overpaid them. Twitter, which Musk has since renamed to X, fired much of its remaining staff stationed in Australia in January 2023. […]
Money saving expert Joel Gibson shares the easy ways you can claw back cash.
One real estate expert says, “this is just the beginning.”
An expert has shared the five best - and five worst - things you can do this tax time to get the best possible return.
"The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns."
Apple (AAPL) closed Thursday with a market capitalization that surpassed Microsoft's (MSFT) for the first time since January, making it the most valuable US company. Yahoo Finance's Seana Smith and Brad Smith report more on the story and some of the tailwinds for the tech giant. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
(Bloomberg) -- Elon Musk responded in kind to Tesla Inc. investors reapproving his massive compensation plan, offering outlandish predictions that he can enrich shareholders all over again.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Southwest Plane Plunged Within 400 Feet of Ocean Near HawaiiBump Stock Ban Tossed Out by Supreme Court in Gun-Rights WinTesla Investors Get Behind Musk’s Fight for $56 Billion Pay DealApple to ‘Pay’ OpenAI for ChatGPT T
(Bloomberg) -- Charles Schwab Corp.’s Omar Aguilar is eying a fresh spurt in asset growth — up to 20% a year — after its investment management arm surpassed a $1 trillion milestone on surging markets and voracious demand for cost-effective funds.Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Yes, Everyone Really Is Sick a Lot Mor
Annuities are often recommended by advisors as good options for retirees, and in some cases, they can be appropriate. The positive features of annuities include the potential for lifelong income,...
Yahoo Finance spoke to Lawler at the Deutsche Bank Global Autos Conference in midtown Manhattan this week. Here's what he said about the demand for hybrid vehicles, EV adoption, profitability, and more.
It's easy to look at self-made millionaires and think -- simply by viewing their surface-level achievements alone -- that they must have always been good with money to get where they are today. In...
Evan Tindell, the founder and chief investment officer of Bireme Capital, has approximately 40% of his assets invested in Japanese mid- to small-cap stocks. Tindell joins Catalysts to share his perspective on the opportunities within this market. Tindell advises investors to focus on the valuations of individual companies rather than solely relying on the actions of their respective central banks. This strategy has led him to identify "the biggest opportunity in Japan." Despite Japan's inflationary environment mirroring that of the United States, Tindell believes the Bank of Japan is "likely to normalize rates over a longer period of time." However, this doesn't change his outlook on the potential of Japanese stocks. As more Japanese companies shift their focus toward catering to shareholders, Tindell sees catalysts emerging in the form of share buybacks, dividend payments, and, eventually, the "opening up" of the market "for corporate control." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Long term loans on offer for solar panels and heat pumps
It's Friday morning, but even the stock market can't afford to take a three-day weekend! Morning Brief Hosts Seana Smith and Brad Smith guide investors through the leading industry stories and into the day's market open. Wall Street and tech investors are abuzz about Tesla (TSLA) and what CEO Elon Musk's pay package — valued at around $46 billion in the company's current stock price — is indicating about the future growth of the EV maker. Wedbush Securities Managing Director & Senior Equity Analyst Dan Ives details his latest forecast stipulating Tesla's market cap could be over $1 trillion in 2025. Clean Energy Transition CEO and Portfolio Manager Per Lekander later chimes in on why he believes Tesla is "the biggest stock market bubble in history" and that it could be "the next Enron." In stock news, Apple (AAPL) continues to hold the most valuable company title at the open after it's market cap surpassed Microsoft's (MSFT). France's CAC 40 (^FCHI) exchange takes a hit, falling by well over 2% as political tensions over France's snap election create unease in the market. This post was written by Luke Carberry Mogan.
Proper planning is crucial if you want to retire wealthy. Here are some common mistakes you’ll want to avoid, as they can seriously deter your plans.