Cadence’s Anirudh Devgan to Present at Bernstein Conference

Yahoo Finance AU
Handwritten sign reveals grim truth of how much cashless change costs you
The small business laid bare just how much customers were paying in card surcharges.
Yahoo Finance AU
Aussie woman $2,500 out-of-pocket after split second mistake: 'Stupid'
The woman from Brisbane is urging others to look out for the red flags she missed. Read more here.
NewsWire
‘Sleeper issue’ could hit millions of Aussies
There is one fear plaguing the vast majority of working Australians, and experts say it’s not going away.
Yahoo Finance Video
Tesla is biggest market bubble in world history: Short seller
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
Futurism
Elon Musk Demands Money Back From Employees He Laid Off
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. […]
Fortune
Cathie Wood’s stunning new $2,600 Tesla prophecy and Wall Street’s Nvidia stock prediction share an often overlooked investing truth
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.
Yahoo Finance AU
Costly mistake 65 per cent of Aussies make when paying painful insurance bill
Money saving expert Joel Gibson shares the easy ways you can claw back cash.
GOBankingRates
I’m a Self-Made Millionaire: Here’s What I Learned From My Biggest Money Mistake
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...
Moneywise
South Florida condo owners are dumping their homes after getting slapped with six-figure special assessments
One real estate expert says, “this is just the beginning.”
NewsWire
Expert shares top tips ahead of tax time
An expert has shared the five best - and five worst - things you can do this tax time to get the best possible return.
GOBankingRates
5 Reasons Avoiding an Annuity Is a Smart Move for Your Retirement
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,...
Evening Standard
Hometree partners with Barclays in £250m deal to accelerate green home improvements
Long term loans on offer for solar panels and heat pumps
Fortune
Nvidia alone accounts for more than a third of the S&P 500’s gains this year—and it’s a big risk for investors, top economist warns
"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."
Yahoo Finance Video
Apple surpasses Microsoft as most valuable US company
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
Musk Answers Tesla Faithful With Trillion-Dollar Robot Prophesy
(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
GOBankingRates
7 Common Mistakes That Will Keep You From Retiring Wealthy
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.
Bloomberg
US Pensions Vie With Gulf Funds for First Shot at PE Deals
(Bloomberg) -- It took Scott Chan two years to convince his bosses at the California State Teachers’ Retirement System to free up more cash for lucrative investments alongside the world’s biggest private equity firms. Most Read from BloombergFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiYes, Everyone Really Is Sick a Lot More Often After CovidDanes Asked to Keep Supplies, Iodine Pills to Prepare for CrisesMeloni Uses t
Fortune
The Fed hits Evolve bank with order over fintech troubles
The U.S. central bank has issued an enforcement action against Evolve Bank & Trust for failing to comply with anti-money-laundering, risk management, and consumer compliance programs.
Bloomberg
Schwab’s Aguilar Eyes 20% Growth After $1.2 Trillion Milestone
(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
Yahoo Finance
Ford vice chair John Lawler on EVs, 2024 profits, and why the automaker never abandoned hybrids
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.

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Cadence’s Anirudh Devgan to Present at Bernstein Conference

Latest stories

Handwritten sign reveals grim truth of how much cashless change costs you

Aussie woman $2,500 out-of-pocket after split second mistake: 'Stupid'

‘Sleeper issue’ could hit millions of Aussies

Tesla is biggest market bubble in world history: Short seller

Elon Musk Demands Money Back From Employees He Laid Off

Cathie Wood’s stunning new $2,600 Tesla prophecy and Wall Street’s Nvidia stock prediction share an often overlooked investing truth

Costly mistake 65 per cent of Aussies make when paying painful insurance bill

I’m a Self-Made Millionaire: Here’s What I Learned From My Biggest Money Mistake

South Florida condo owners are dumping their homes after getting slapped with six-figure special assessments

Expert shares top tips ahead of tax time

5 Reasons Avoiding an Annuity Is a Smart Move for Your Retirement

Hometree partners with Barclays in £250m deal to accelerate green home improvements

Nvidia alone accounts for more than a third of the S&P 500’s gains this year—and it’s a big risk for investors, top economist warns

Apple surpasses Microsoft as most valuable US company

Musk Answers Tesla Faithful With Trillion-Dollar Robot Prophesy

7 Common Mistakes That Will Keep You From Retiring Wealthy

US Pensions Vie With Gulf Funds for First Shot at PE Deals

The Fed hits Evolve bank with order over fintech troubles

Schwab’s Aguilar Eyes 20% Growth After $1.2 Trillion Milestone

Ford vice chair John Lawler on EVs, 2024 profits, and why the automaker never abandoned hybrids