The world’s highest Catholic authority, the successor to Saint Peter himself, has thoughts on how much Tesla CEO Elon Musk should make. In his first media interview since assuming the papacy, published Sunday by Crux, a news site reporting on the Vatican and the Catholic Church, Pope Leo criticized the growing wealth inequality that he says is fueled in part …
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Tesla Shareholders to Decide on Elon Musk’s $1 Trillion Pay Deal
Tesla (TSLA) board chair Robyn Denholm has made a strong case for Elon Musk’s proposed $1 trillion pay package. She told Bloomberg TV that Musk is a generational leader and the only person who can guide Tesla through its shift into artificial intelligence and robotics. The plan will go to shareholders for a vote at the company’s annual meeting on …
Read More »US Could Owe Americans $1 Trillion in Tariffs, If SCOTUS Overturns Tariffs
The US could be on the hook for between $750 billion $1 trillion, if the Supreme Court overturns the president’s tariffs. Legal experts told Business Insider that this figure shouldn’t factor into the Supreme Court’s decision on whether the tariffs are legal, which they see as a matter concerning the Constitution. After two lower courts ruled President Donald Trump’s sweeping …
Read More »The $14 Trillion US Stock Rally is Seeking a Fed Cut Playbook – Bloomberg.com
The $14 Trillion US Stock Rally is Seeking a Fed Cut Playbook Bloomberg.com Morgan Stanley, Deutsche Bank expect three US interest rate cuts this year Reuters As the Fed Prepares to Lower Rates, 2 Seats on Its Board Are in Limbo The New York Times Wednesday’s Fed Meeting Will Be Extraordinary. Here’s Why Investopedia What Fed Chair Powell says next week will be critical …
Read More »Oracle takes a breather after AI-powered record run toward $1 trillion club – Reuters
Oracle takes a breather after AI-powered record run toward $1 trillion club Reuters Oracle shares retreat 6% after sharpest rally in more than 30 years CNBC Oracle’s blockbuster surge shows AI trade’s growing influence on market Reuters Industrial Stocks Are Soaring, Thanks to Oracle’s Incredible Quarter Barron’s Oracle (ORCL): From Dot-Com Relic to AI Powerhouse Nasdaq Source link
Read More »Tesla Stock Bulls Wanted Growth, They Got Elon’s $1 Trillion Growth Package – Morgan Stanley Reacts
Tesla (NASDAQ:TSLA) has proposed what may be the most over-the-top pay package ever: $1 trillion for Elon Musk. Yes, trillion – as in one followed by twelve zeros. For perspective, his 2018 deal was ‘only’ $56 billion. Musk has been angling for a bigger stake to tighten his grip on Tesla, and the board apparently responded with: “Sure, how about …
Read More »Tesla Stock (TSLA) Draws Mixed Ratings After Musk’s $1 Trillion Package
Electric vehicle maker Tesla’s (TSLA) board has proposed a humongous $1 trillion compensation package for its CEO, Elon Musk, if he meets extremely ambitious targets over the next decade. The news has drawn both critical and supportive views on Wall Street, as analysts view the move as a strategy to keep Musk tied to the company for the long term. …
Read More »AI boom drives record S&P 500 valuations, but Goldman Sachs warns of $1 trillion risk ahead – TechSpot
AI boom drives record S&P 500 valuations, but Goldman Sachs warns of $1 trillion risk ahead TechSpot What if the AI stockmarket blows up? The Economist Goldman’s top stock picker warns AI’s next phase may not justify the hype around its stocks Yahoo Finance Why the AI bubble in the stock market might still have a long way to run MarketWatch Deutsche Bank on …
Read More »Why Tesla just threw $1 trillion at Elon Musk
Facebook Tweet Email Link What do you give a man who already can buy anything? How about $1 trillion? That’s what the Tesla board of directors have decided to offer CEO Elon Musk. They unveiled a new pay package Friday for shareholders to consider that could give Musk up to 423.7 million additional shares of Tesla stock in the next …
Read More »Serious U.S. Dollar Fed Warning Issued As Bitcoin Mounts $24 Trillion Gold Price Challenge
Bitcoin has surged this year, topping $124,000 per bitcoin in August as a growing crisis at the Federal Reserve takes a surprising turn. Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the market The bitcoin price has doubled since this time last year—with some now predicting bitcoin is on the brink of a $84 …
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