Tesla’s shareholders approve Elon Musk’s $1 trillion pay package

Tesla’s shareholders approve Elon Musk’s $1 trillion pay package

Tesla Inc. investors have overwhelmingly approved Elon Musk’s $1 trillion compensation package, a record-setting deal that cements the billionaire’s grip over the electric-vehicle maker and signals renewed confidence in his leadership. Roughly 75% of votes cast supported the package at the company’s annual meeting on Thursday at its Texas gigafactory, according to chair Robyn Denholm. […]

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 Tesla eyes chip independence with plans for a massive semiconductor fab

Tesla eyes chip independence with plans for a massive semiconductor fab

Tesla is exploring the idea of building its own semiconductor fabrication plant to meet rising demand for chips that power its artificial intelligence and robotics ambitions. Chief executive Elon Musk told investors at Tesla’s annual shareholders meeting on Thursday that the company is considering a “gigantic” facility, signalling its intention to take control of a […]

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 Ripple raises $1 billion for XRP amid fragile crypto markets

Ripple raises $1 billion for XRP amid fragile crypto markets

Ripple Labs Inc. is moving forward with an ambitious plan to raise at least $1 billion to buy XRP, despite recent turbulence in the cryptocurrency market. The move signals the company’s intent to strengthen its presence in the digital-asset ecosystem, even as investors remain cautious following a market-wide selloff. The funds will be placed in […]

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 McDonald’s stock rise despite earnings miss as value deals boost sales

McDonald’s stock rise despite earnings miss as value deals boost sales

McDonald’s Corp. shares edged higher on Wednesday even after the fast-food giant missed Wall Street’s earnings and revenue forecasts for the third quarter. Investors appeared encouraged by stronger-than-expected comparable sales growth and the company’s focus on value-driven strategies aimed at reviving traffic amid consumer belt-tightening. McDonald’s shares surged 3.34% to $309 on Wednesday’s trading. Earnings […]

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 Nvidia stock staging a mini comeback after Tuesday’s fall: buy, sell or hold?

Nvidia stock staging a mini comeback after Tuesday’s fall: buy, sell or hold?

Nvidia stock was staging a modest comeback early Wednesday, as the chipmaker sought to recover from Tuesday’s 4% decline amid mounting concerns over artificial intelligence valuations and renewed uncertainty about US chip sales to China. AI-related stocks broadly weakened on Wednesday as sentiment remained cautious following a strong run-up across the sector this year. Advanced […]

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 USD/INR forecast ahead of the RBI interest rate decision

USD/INR forecast ahead of the RBI interest rate decision

The USD/INR exchange rate surged to 87.80 last week after Donald Trump unveiled his tariffs against India. It then quickly erased those gains and moved to a low of 87.20 after the weak US jobs numbers. It remains 4.10% above the lowest point this year.  US and India trade relations The main catalyst for the […]

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