General Motors Company (GM) shares fell 1.46% to $35.18 after Reuters reported that the company has recalled 1,658 small Sonic cars over a fuel tank issue. Share volume was 2.5 million, compared to an all-day average of 3.5 million.
Bill Gates, the eighth richest person in the world, has a well-documented affinity for dividend income. This investment preference is clearly reflected in the staggering $463.2 million his portfolio is expected to pay him this year. Gates's investment strategy, rooted in picking companies with strong dividend yields, showcases his commitment to steady, long-term income streams. The Bill & Melinda Gates Foundation Trust’s most recent 13F filing reveals that a significant portion of this income is
Uber is helping investigators look into the account that sent a driver to the Ohio home where an 81-year-old man allegedly shot the woman to death because he erroneously believed she was part of a scam, the ride-hailing company said Wednesday. The March 25 shooting death of Loletha Hall is “a horrific tragedy," and that account has since been banned, an Uber spokesperson wrote in an emailed statement. William J. Brock was indicted Monday on charges of murder, felonious assault and kidnapping for Hall's death.
Raoul Pal has an extensive background in financial markets. He has served as head of European hedge fund sales for equities at Goldman Sachs and a portfolio manager at a hedge fund. More recently, he started his own crypto hedge fund, investment research firm and financial knowledge platform. His opinion on crypto is valued around the world, and he is constantly sending out market insights to his 1 million followers on X. Pal considered many factors to arrive at his prediction that Bitcoin will
Tesla (TSLA) filed its proxy statement ahead of the EV maker's June 13 shareholder meeting with two big requests: that shareholders vote to move Tesla’s state of incorporation to Texas and that they ratify CEO Elon Musk’s 2018 pay package that a Delaware judge rescinded earlier this year.
Tesla is asking shareholders to restore a $56 billion pay package for CEO Elon Musk that was rejected by a Delaware judge this year, and to shift the company's corporate home to Texas. The changes, to be voted on by stockholders at a June 13 annual meeting, could be a tougher sell than when it was first approved in 2018. The Austin, Texas, electric vehicle maker is struggling with falling global sales, slowing electric vehicle demand, an aging model lineup and a stock price that has tumbled 37% so far this year.