Verizon to speak at J.P. Morgan conference May 21

NewsWire
Why Aussies are rushing to withdraw cash
Aussies have rushed to ATMs all over the country to withdraw thousands in cash – here’s why so many are doing it.
Yahoo News Australia
Fears of 'mistakes' with new cameras targeting Aussie drivers: 'Can't trust them'
Do you know about the new technology coming to the roads of one Aussie state? Read more here.
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.
Reuters
China Evergrande's ex-CEO sells Hong Kong home at almost half of purchase price
China Evergrande's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the purchase price, according to a property agent. Xia Haijun last month sold a 2,834 net sq ft (263 sq m) five-bedroom duplex flat in North Point Mid-Levels district on Hong Kong island for HK$82 million, said Gary Lam, a senior sales director at real estate agency Centaline. Xia, who stepped down from the embattled Chinese developer in 2022 after an internal probe found he was involved in diverting loans worth $2 billion secured by unit Evergrande Property Services to the group, bought the flat from New World Development in 2019, according to records from the Land Registry.
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. […]
BBC
Tesla investors back $56bn Musk pay deal
The multi-billionaire had campaigned for the payout, which is worth up to $56bn.
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."
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...
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.
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.
South China Morning Post
Shanghai Technology Exchange to open Hong Kong branch as China boosts digital economy
Shanghai Technology Exchange (STEX), China's first permanent market for trading intellectual property rights to technologies, plans to open a Hong Kong branch, as the nation searches for ways to help domestic companies access global knowledge. The outpost is expected to open next year, enabling Chinese firms to buy technologies from overseas entities and raise funds, STEX chairman Xie Jihua told the South China Morning Post during a media briefing in Shanghai on Thursday. It marks the latest eff
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
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.
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.”
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,...
Yahoo Finance Video
Disinflation is clearly unfolding in markets: Strategist
Stock markets are trading mixed after an eventful week of economic data releases and corporate announcements. Ryan Detrick, Carson Group's Chief Market Strategist, joins Market Domination Overtime to discuss market outlooks. Detrick emphasizes that the market's focus is primarily on inflation, with "some big-time improvements" emerging that are steering the economy back toward pre-pandemic levels. He notes that this week's data points have showcased "disinflation" taking place, although the broader public may not fully recognize it yet. Turning his attention to the impact of current conditions on consumers, Detrick believes that "the top 40% who truly drive the economy are still in good shape, ....and we continue to think the consumer is fairly healthy overall and it should still lead to a bull market." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Yahoo Finance Video
Tesla bulls and short sellers, French stocks pull back: Morning Brief
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.

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Verizon to speak at J.P. Morgan conference May 21

Latest stories

Why Aussies are rushing to withdraw cash

Fears of 'mistakes' with new cameras targeting Aussie drivers: 'Can't trust them'

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

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

China Evergrande's ex-CEO sells Hong Kong home at almost half of purchase price

Elon Musk Demands Money Back From Employees He Laid Off

Tesla investors back $56bn Musk pay deal

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

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

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

Expert shares top tips ahead of tax time

Shanghai Technology Exchange to open Hong Kong branch as China boosts digital economy

Apple surpasses Microsoft as most valuable US company

Musk Answers Tesla Faithful With Trillion-Dollar Robot Prophesy

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

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

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

Disinflation is clearly unfolding in markets: Strategist

Tesla bulls and short sellers, French stocks pull back: Morning Brief