Twitter is betting its debut will be very different from Facebook's after pricing its stock above the range at $26 a share but deciding not to boost the size of the highly anticipated IPO. Conway G. Gittens reports.
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
Tesla will ask shareholders to reinstate a $56 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware to Texas. In a filing with federal regulators early Wednesday, the company said it would ask shareholders to vote on both issues during its annual meeting on June 13. In January, Chancellor Kathaleen St. Jude McCormick ruled that Musk is not entitled to a landmark compensation package awarded by Tesla’s board of directors that is potentially worth about $55.8 billion over 10 years starting in 2018.
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
Interim results from a late-stage study show that Marinus' (MRNS) ganaxolone failed to meet the pre-specified stopping criteria in patients with refractory status epilepticus.
Prominent billionaire money managers pared down their stakes in artificial intelligence (AI) titan Nvidia in the December-ended quarter and piled into two of the company's top architectural competitors.