Tesla files for 3-for-1 stock split, Larry Ellison to step down from company boa...

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Yahoo Finance Video
Gas prices deter workers from returning to the office: Poll
A Yahoo Finance Twitter poll found that high gas prices are keeping many workers from returning to the office.
2d ago
Yahoo Finance
Yellen’s humility on inflation is refreshing: Former FDIC chair
Former FDIC Chair Sheila Bair writes that was refreshing that in a recent CNN interview, Janet Yellen, the first female U.S. Treasury Secretary, said that she had been wrong in her early predictions that inflation would be transitory.
2d ago
TheStreet.com
Tesla 3-1 Stock Split: Here's What Elon Musk Needs to Happen First
Electric vehicle maker says it wants to go forward with plans for another stock split, but there's something that has to happen first.
2d ago
Yahoo Finance
Tesla announces 3-for-1 stock split, Ellison to leave company's board
For the second time in three years, Tesla will split its stock, lowering its price and increasing the number of shares outstanding.
2d ago
Reuters Videos
Iran and Venezuela expand oil ties amid U.S. sanctions
STORY: Defying U.S. pressures, Iran has sent several cargos of fuel to Venezuela and helped in refinery repairs. Last month, Venezuela began importing Iranian heavy crude, widening a swap agreement signed last year to exchange Iranian condensate for Venezuelan heavy crude.Maduro arrived in Tehran on Friday with a high-ranking political and economic delegation after visiting Turkey and Algeria.During the visit, Iran delivered to Venezuela the second of four Aframax-sized oil tankers, with a capacity of 800,000 barrels, ordered from the Iranian company SADRA, state media said. SADRA has been under U.S. sanctions for more than a decade over its links to Iran's elite Revolutionary Guards.In May, Iran's state-owned National Iranian Oil Engineering and Construction Co signed a contract worth about 110 million euros to repair Venezuela's smaller 146,000 barrel-per-day refinery.
10h ago
Yahoo Finance
Market strategist on recession risk: ‘Fear starts to feed on itself’
RBC Capital Markets Head of U.S. Equity Strategy Lori Calvasina joins Yahoo Finance Live to discuss stock futures, May consumer price index (CPI) data, inflation, recessionary risks, and the outlook for the stock market.
2d ago
Reuters
Tesla to seek investor approval for 3-for-1 stock split
(Reuters) -Electric vehicle maker Tesla Inc on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. The company also said Oracle Corp co-founder Larry Ellison, a friend of Tesla Chief Executive Officer Elon Musk, will not stand for re-election to Tesla's board when his term ends at this year's shareholder meeting. Ellison is among the top investors who have promised funding toward Musk's $44 billion acquisition of social media firm Twitter Inc.
2d ago
Miami Herald
South Florida remains under a flood watch. How much longer will this rain last?
One more day, people. Just one more day.
1d ago
Yahoo Finance
Inflation: We should not ‘really be talking about a peak here,’ economist says
RSM chief economist Joe Brusuelas joins Yahoo Finance Live to discuss Friday's CPI print, the path of Fed rate hikes, the outlook for inflation, and how investors should set expectations.
2d ago
Investor's Business Daily
Tesla Stock Vs. BYD Stock: TSLA Split Looms While Hottest EV Stock Races Toward Highs
BYD stock is racing toward highs as the China EV giant seizes Tesla's sales crown. Now it's going to supply Tesla with batteries.
1d ago
USA TODAY Sports
Manager: Taila Santos suffers broken orbital from UFC 275 clash of heads with Valentina Shevchenko
Taila Santos is headed for surgery after UFC 275, according to manager Tiago Okamura.
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Bloomberg
Powell’s Fed Rate-Hike Plans Get Jolted by Inflation: Eco Week
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergChina Alarms US With New Private Warnings to Avoid Taiwan StraitUS Lifts Covid-19 Test Requirement for International TravelTreasuries Dare Fed to Step Up Hikes or Risk Inflation Defeat‘Party Like a Russian’ Turns Toxic at Putin’s Flagship ForumRetailers Should Heed Target’s Cautionary TaleJerome Powell could deliver a hawkish surprise on Wednesday even after effe
7h ago
People
What's the Difference Between Anxiety and Depression?
You’re familiar with anxiety and depression. But can you have both at the same time? And how does treatment differ for the two?
2d ago
Yahoo Finance
U.S. gas prices average hits $5 as summer of pain sets in
Gas prices topped $5 a gallon nationwide as of Saturday, according to the latest price data from AAA, and the sharp rise in recent months is not showing signs of slowing.
1d ago
Motley Fool
Tesla Looks to Reinforce Its Battery Supply Chain: Why That Matters
Supply chains are already stressed for automakers across the world. Given demand for electric vehicles (EVs) is expected to grow by leaps and bounds, that is likely to get worse, with EV batteries widely believed to become the bottleneck. Tesla (NASDAQ: TSLA) has been leading the sector in all areas so far, and it plans to continue that role if a raw material supply crunch develops.
5h ago
FX Empire
Will The Stock Market Crash Soon? This Leading Indicator Says Not Yet
To anticipate if a stock market crash will happen soon, a deep dive into this leading indicator is required to understand how the smart money accumulates or distributes the shares.
8h ago
Barrons.com
Tesla Unveils Plan for 3-for-1 Stock Split
Tesla wants to split its stock 3-for-1, the company said in a proxy statement Friday. “Our success depends on attracting and retaining excellent talent, not only through providing a respectful, safe, inclusive and equitable workplace, but also through offering outstanding benefits and highly competitive compensation packages,” Tesla said in the filing. Tesla noted that through June 6, the firm’s share price had risen 43.5% since its prior stock split in 2020, adding that the move could benefit retail investors.
2d ago
Associated Press
Tesla proposes a 3-for-1 stock split; Ellison to leave Board
Tesla proposed a three-for-one split of its stock on Friday, a move that will make a single share of the electric car maker more accessible to investors but not affect the company's overall market value. Tesla Inc. made the announcement in its annual proxy statement, which also said Oracle co-founder Larry Ellison will not be standing for re-election to the company's board. Share splits are used by companies when their stock price gets too high for retail investors to buy individual shares, or when a company wants more shares to exist in the marketplace to make the stock more liquid to trade.
2d ago
MoneyWise
Peter Lynch combined 2 investing styles to earn 29% per year from ⁠1977 to 1990 — here's how you can apply the same market-trouncing technique today
Go for growth. As long as the price makes sense.
3h ago
Bloomberg
Cyber CEO's US Advisory Work Echoed Sales Pitch His Firm Uses
(Bloomberg) -- An executive’s involvement in drafting White House-backed cybersecurity guidelines for energy companies that could potentially benefit his firm rankled competitors and prompted an effort by the Biden administration to remedy the potential conflict, according to documents and emails reviewed by Bloomberg News and interviews with four people involved in the process.Most Read from BloombergChina Alarms US With New Private Warnings to Avoid Taiwan StraitUS Lifts Covid-19 Test Requirem
2d ago
Yahoo Finance Video
Tesla files for 3-for-1 stock split
Yahoo Finance Live's Seana Smith reports breaking news that EV manufacturer Tesla has filed for a 3-for-1 stock split.
2d ago
People
Taylor Swift Talks Overcoming 'Imposter Syndrome' as a Director, Says She'd Like to Make a Feature Film
"Once I started directing music videos, I didn't not want to do it," said Swift during a screening of All Too Well: The Short Film at the 2022 Tribeca Festival
15h ago
Central State University lockdown lifted; Person of interest taken into custody
Central State University’s lockdown is now lifted following a police investigation Saturday morning.
13h ago
NBC News
'March for Our Lives' protests against gun violence sweep nation following hundreds of mass shootings
Thousands of demonstrators took to the streets in hundreds of protests across the country Saturday to push lawmakers to take action on gun violence in the wake
20h ago
Bloomberg
UK Faces Up to a Recession in All But Name as Living Costs Surge
(Bloomberg) -- Most Read from BloombergChina Alarms US With New Private Warnings to Avoid Taiwan StraitUS Lifts Covid-19 Test Requirement for International TravelTreasuries Dare Fed to Step Up Hikes or Risk Inflation Defeat‘Party Like a Russian’ Turns Toxic at Putin’s Flagship ForumRetailers Should Heed Target’s Cautionary TaleThe history books may not judge it as such, but the UK is sliding into a recession in all but name in 2022.While statistical quirks, including the presence of an extra ban
9h ago
Yahoo Finance
Why Apple's 'buy now, pay later' doesn't scare Affirm's founder
Yahoo Finance Live speaks with Affirm's founder Max Levchin about the competitive environment for buy now pay later services with Apple entering the space.
2d ago
Bloomberg
Oracle Women Suing Over Pay Bias Poised for Major Setback
(Bloomberg) -- Oracle Corp. female employees who won a ground-breaking ruling allowing them to pursue gender-bias claims against the company as a large group are now poised to lose their class-action status. Most Read from BloombergChina Alarms US With New Private Warnings to Avoid Taiwan StraitUS Lifts Covid-19 Test Requirement for International TravelTreasuries Dare Fed to Step Up Hikes or Risk Inflation Defeat‘Party Like a Russian’ Turns Toxic at Putin’s Flagship ForumRetailers Should Heed Ta
2d ago
MarketWatch
Suze Orman says to do this right now if you’re worried about inflation
The rate of U.S. inflation reached a 40-year high of 8.6% in May as overall prices for things including rent, gas and food all remain on the rise. “I personally believe that this inflation is here to stay for quite some time,” Orman recently told CNBC, prior to the release of May’s CPI data from the U.S. Bureau of Labor Statistics. The first is a fixed rate when the purchaser buys the bond, and the second is the inflation adjustment rate, which is reset every six months based on inflation.
2d ago
Motley Fool
2022 Has Been Rough for Major Indexes. Here's Why I'm Not Worried.
After rallying from their early 2020 pandemic lows to new peaks this winter, the three most popular U.S. stock market indexes have tumbled this year -- so much so that people are wondering if this is the beginning of another recession. As of June 9, the S&P 500 was down 16% year to date, the Nasdaq Composite was down 25%, and the Dow Jones Industrial Average was down 11%. Stock market corrections and bear markets are inevitable.
4h ago
Motley Fool
Proceed With Caution When Considering These 5 Ultra-Popular Stocks
Investors may want to think twice before adding these names to their portfolios: Lithium Americas (NYSE: LAC), Mullen Automotive (NASDAQ: MULN), NXP Semiconductors (NASDAQ: NXPI), Rivian (NASDAQ: RIVN), and Sunrun (NASDAQ: RUN). It's unsurprising, therefore, that Lithium Americas is gaining popularity right now. In the pre-revenue phase of its development, Lithium Americas is garnering attention from growth investors, who foresee returns when the company commences operations at its two projects.
4h ago
TheStreet.com
How to Make Money (or Even Get Rich) During a Stock Market Crash
Nobody knows when a stock (or the stock market) has hit bottom. People can speculate -- and every analyst hoping for a little bit of television fame most certainly will -- but no person, no matter how many past predictions they claim to have gotten right knows when a stock or the market has fallen as low as it will go. Down markets, bear markets, market crashes -- whatever you want to call them follow no rules.
2d ago
Barrons.com
Why the Stock Markets Are Falling So Hard
Investors had plenty to worry about from the Fed to inflation and retail sales. It’s fallen 10 of the past 11 weeks and suffered its largest two-week percentage decline since the end of October 2020. The lost 5.1% last week, notching its worst two-week percentage decline since late March 2020, just after the pandemic began creating havoc in the U.S. Year to date, it’s tumbled 18.6%.
1d ago
Simply Wall St.
Is Advanced Micro Devices (NASDAQ:AMD) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
1d ago
TheStreet.com
These 3 High-Dividend Canadian Stocks Are Worth a Look
When searching for great dividend stocks, there is a wide variety of factors to consider. Among them are earnings durability, recession resilience, dividend safety, and competitive advantages. Canadian stocks listed in the US tend to be undervalued relative to industry peers based in the US, and that not only means the margin of safety is better for the shareholder, but dividend yields are higher as well.
1d ago
Insider Monkey
10 Beaten-Down Asian Stocks to Buy Today
In this article, we discuss 10 beaten-down Asian stocks to buy today. If you want to see more stocks in this selection, click 5 Beaten-Down Asian Stocks to Buy Today. While the US dollar remains strong, Asian markets on June 10 stumbled on the back of higher rates guidance from the European Central Bank and […]
2d ago
TheStreet.com
3 Beaten Down Stocks to Buy Now
Nobody walks into a Best Buy and sees the 65-inch television they always wanted on sale at 50% off and questions the intrinsic value of the TV. Higher prices don't hurt Costco and may actually help the chain, which has seen its stock price drop by 16.85% over the past 6 months.
3h ago
Motley Fool
3M's 4% Dividend Yield Isn't a Reason to Buy the Stock
Industrial giant 3M's (NYSE: MMM) stock is now yielding more than 4% and is very tempting for income-seeking investors. On the first-quarter earnings call, management left its full-year guidance unchanged despite revealing a host of headwinds. For example, it said 3M was making a slow start to the quarter.
1d ago
TheStreet.com
Should You Be Looking at Bonds Rather Than Stocks?
With the S&P 500 index having dropped 18% this year, conventional wisdom has it that you should take advantage of the opportunity to buy stocks at bargain prices. Zero return for stocks over the next decade would represent a problem for older people, who might want to cash out some of their stock money at that point.
2d ago
Barrons.com
Goldman Sachs and Wells Fargo Are Now Trading Below Book Value. Time to Pounce.
The old saw is to buy Goldman Sachs when it trades below its book value—and investors once again have that opportunity. Shares of Goldman Sachs Group (ticker: GS) declined 5.5% during Friday’s selloff, ending at $287.56 each. Goldman now trades below its first-quarter book value of $293 a share, marking the first time since 2020 that the investment banking leader is fetching less than book, or shareholder equity per share.
1d ago
Motley Fool
Is DocuSign Stock a Buy Now?
DocuSign (NASDAQ: DOCU) stock plunged 23% during the after-hours session on June 9 following the release of its first-quarter earnings report. The e-signature and contract management services provider reported revenue growth of 25% year over year to $588.
1d ago

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