Tesla investors to vote on Musk’s pay, Bank of America CEO Brian Moynihan speaks with Yahoo Finance

Yahoo Finance AU
Woolworths worker rages about note posted in lunchroom on company profit: 'Like we are falling for that'
The worker felt compelled to publish the memo because 'we all felt ripped off'.
a day ago
Yahoo Finance AU
RBA has gone too far and nervous nellies should admit it as interest rises don't impact these crushing costs
Interest rate hikes would have very little if any, impact on the price of tobacco, petrol, food, alcohol or child care. So why are they deemed the answer?
2 days ago
Reuters
Trump raises stake in his media firm to nearly 65%
The former U.S. president and Republican presidential candidate secured 36 million shares of Trump Media & Technology Group (TMTG), increasing his stake from 57.6% as of March. Reuters reported last week that Trump would secure a stock bonus worth $1.3 billion from TMTG, equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares. The bonus also reflects the exuberant trading in TMTG's shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
15 hours ago
Reuters
Australian retailer Woolworths to sell $303 million stake in Endeavour Group
(Reuters) -Australian retailer Woolworths said on Wednesday that it would sell a 5% stake worth A$468 million ($302.84 million) in Endeavour Group, almost three years after spinning out the liquor store and pub operator. The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021. Shares of Woolworths slipped 0.4%, while those of Endeavour were down 5% in early trade.
14 hours ago
Reuters
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African subsidiaries. The world's No. 1 miner is weighing up its next move after its initial $39 billion takeover proposal for smaller rival Anglo was rejected last week. BHP has proposed that Anglo sell its shares in units Anglo Platinum (Amplats) and Kumba Iron Ore as an option to exit the South African assets it doesn't want included in the deal.
a day ago
Bloomberg
Tesla Gives Back Some of $82 Billion Gain From Tentative China Deal
(Bloomberg) -- Tesla Inc. gave back some of its $82 billion gain in market value as several analysts questioned just how meaningful it is that Chief Executive Officer Elon Musk secured tacit approval to offer driver-assistance features in China.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving S
21 hours ago
Yahoo Finance AU
Westpac's major move on branches as regional Aussies suffer with bank and ATM closures
The bank admits customers in regional Australia face 'unique challenges' and want to protect them as much as possible.
6 hours ago
Reuters
UPDATE 2-PayPal lifts 2024 profit forecast, execs focus on branded checkout growth
PayPal executives on Tuesday emphasized plans to reignite growth in branded checkout products that have struggled in recent years as big tech expanded market share, after the payments firm raised its forecast for full-year adjusted profit. The company's stock had struggled last year on fears that the entry of Apple and Alphabet's Google in digital payments could take away a big chunk of PayPal's mainstay business. PayPal's unbranded businesses have grown, but weakness in its branded business such as Venmo has been central to investor anxieties.
a day ago
Yahoo Finance Video
PayPal stock soars on 14% rise in Q1 payment volume
Shares of PayPal (PYPL) are rising Tuesday, buoyed by the company's first quarter performance, which saw payment volume surge 14%. The digital payment giant exceeded analysts' revenue expectations, posting a top-line figure of $7.7 billion, beating the Street's estimate of $7.51 billion. Yahoo Finance's Seana Smith and Brad Smith break down the details of the report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
22 hours ago
Yahoo Finance AU
Commonwealth Bank pushes back interest rate cut prediction in devastating warning to Aussie borrowers
The Commonwealth Bank was the only of the big four still forecasting a cut in September, but now borrowers are being warned to 'plan for a hike'.
a day ago
Bloomberg
Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues
(Bloomberg) -- The cocoa market was whipsawed by extreme volatility in the futures market on Tuesday amid a lack of liquidity.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailWall Street Hit by Fed Jitters to Close Wild April: Markets WrapTesla Soars on Tentative China Approval for Driving SystemPot Stocks Surge on Report DEA Set to Reclassify MarijuanaAfter more than doubling this year, futures traded in Ne
20 hours ago
Simply Wall St.
Shareholders in St Barbara (ASX:SBM) are in the red if they invested five years ago
It is doubtless a positive to see that the St Barbara Limited ( ASX:SBM ) share price has gained some 65% in the last...
2 days ago
Yahoo Finance AU
Fast-growing Aussie bank starts major overhaul as all branches lose cash ahead of 'digital only' deadline
Macquarie Bank customers only have a few weeks left to access over the counter services.
7 hours ago
Bloomberg
Palladium Plunges Below Platinum on Weaker Demand Outlook
(Bloomberg) -- Palladium dropped below platinum for the first time since February, as the precious metal’s long-standing premium is eroded by a pessimistic outlook for demand from gasoline-powered cars.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYC Police Break Up Columbia Protest and Clashes Erupt at UCLAAmazon Posts Strongest Cloud Sales Growth in a Year on AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaLilly Soars as Forecast Boost Sho
an hour ago
Reuters
EV maker Polestar to delay fourth-quarter results for a second time
Swedish electric-vehicle maker Polestar Automotive will delay the publication of its fourth-quarter and full-year 2023 financial results for a second time, a spokesperson for the company said on Tuesday. Polestar did not provide a date for the release but said it still intends to publish first-quarter financial results on May 23. Polestar also requires more time to complete work related to the internal control of its financial reporting as per the Sarbanes-Oxley Act of 2002, the spokesperson said.
16 hours ago
Reuters
Onsemi beats quarterly estimates, reports stable margins
Chipmaker Onsemi beat Wall Street expectations for quarterly revenue and profit on Monday and reported a stable gross margin due to lowered costs, in the face of weakening electric vehicle sales. "The structural changes we have made to the business over the last three years have enabled us to sustain our gross margin despite challenging market conditions," said CEO Hassane El-Khoury. However, the company forecast second-quarter revenue and profit below analysts' estimates, fanning concerns of a delay in the recovery of automotive chip demand as a softening EV market and excess inventory at customers are expected to hit orders for Onsemi's chips.
2 days ago
Reuters
ISS, Glass Lewis recommend shareholders vote against BlackRock CEO's pay proposal
ISS said Fink's pay package totaling roughly $27 million for the year is higher than the industry's median pay for CEOs. "While the majority of equity awards are based on clearly disclosed multi-year goals that appear reasonably rigorous, there are significant concerns regarding the process used to determine annual cash incentive awards," ISS said. Glass Lewis said it maintains reservations surrounding the structure of the sizable retention awards granted to a handful of executive officers during the year in review.
2 days ago
GOBankingRates
Microsoft Stock Secrets: How To Make $1,000 a Month With Dividends
When it comes to explaining the power of stock market investing, one example that frequently makes the rounds is how rich you would be now if you had invested in Microsoft when the software company...
17 hours ago
Simply Wall St.
PolyNovo's (ASX:PNV) investors will be pleased with their respectable 97% return over the last five years
Stock pickers are generally looking for stocks that will outperform the broader market. And the truth is, you can make...
2 days ago
Reuters
INDIA RUPEE-Rupee subdued tracking Asian peers, bias seen tilted lower
The Indian rupee was little changed on Tuesday, tracking subdued moves in its Asian peers, with traders expecting the local currency to trade with a slight depreciation bias heading into the U.S. Federal Reserve's policy decision. The dollar index was up 0.1% at 105.8, while most Asian currencies were rangebound. The Fed will deliver its policy decision on Wednesday and while it is widely expected to keep rates unchanged, investors will pay attention to remarks from Chair Jerome Powell for cues on policymakers' thinking about the future path of policy rates.
a day ago

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Tesla investors to vote on Musk’s pay, Bank of America CEO Brian Moynihan speaks with Yahoo Finance

Latest stories

Woolworths worker rages about note posted in lunchroom on company profit: 'Like we are falling for that'

RBA has gone too far and nervous nellies should admit it as interest rises don't impact these crushing costs

Trump raises stake in his media firm to nearly 65%

Australian retailer Woolworths to sell $303 million stake in Endeavour Group

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

Tesla Gives Back Some of $82 Billion Gain From Tentative China Deal

Westpac's major move on branches as regional Aussies suffer with bank and ATM closures

UPDATE 2-PayPal lifts 2024 profit forecast, execs focus on branded checkout growth

PayPal stock soars on 14% rise in Q1 payment volume

Commonwealth Bank pushes back interest rate cut prediction in devastating warning to Aussie borrowers

Cocoa Prices Swing Wildly as Liquidity Overshadows Supply Issues

Shareholders in St Barbara (ASX:SBM) are in the red if they invested five years ago

Fast-growing Aussie bank starts major overhaul as all branches lose cash ahead of 'digital only' deadline

Palladium Plunges Below Platinum on Weaker Demand Outlook

EV maker Polestar to delay fourth-quarter results for a second time

Onsemi beats quarterly estimates, reports stable margins

ISS, Glass Lewis recommend shareholders vote against BlackRock CEO's pay proposal

Microsoft Stock Secrets: How To Make $1,000 a Month With Dividends

PolyNovo's (ASX:PNV) investors will be pleased with their respectable 97% return over the last five years

INDIA RUPEE-Rupee subdued tracking Asian peers, bias seen tilted lower