The Delaware Supreme Court ruled on Friday that Elon Musk’s 2018 CEO pay package from Tesla, valued at approximately $56 billion upon vesting, must be reinstated. The judges stated in their opinion, “We reverse the Court of Chancery’s rescission remedy and award $1 in nominal damages.” The Delaware Supreme Court judges determined that the lower Read More
Futures for the Nasdaq 100 rose 0.2%, while S&P 500 futures edged up 0.1%, as Dow Jones Industrial Average futures slipped 22 points, or 0.1%. In premarket trading, Oracle stood out, with shares climbing more than 4% after TikTok agreed to divest its U.S. operations to a new joint venture involving the software company and Read More
S&P futures experienced an uptick on Thursday as market participants positioned themselves in anticipation of inflation data, which may serve as a significant catalyst for market movements. Futures associated with the S&P 500 experienced an increase of 0.4%, whereas Nasdaq 100 futures saw a rise of 0.7%. Futures associated with the Dow Jones Industrial Average Read More
S&P futures experienced an uptick on Wednesday following the S&P 500’s third consecutive session of losses, as investors assessed the latest U.S. economic data that was made available. S&P 500 futures increased by 0.4%, paralleling the rise in Nasdaq 100 futures. Futures associated with the Dow Jones Industrial Average increased by 108 points, representing a Read More
S&P Futures declined on Tuesday as market participants braced for the forthcoming jobs report for November. Futures associated with the Dow Jones Industrial Average declined by 23 points, representing a decrease of 0.1%. S&P 500 futures experienced a decline of 0.1%, whereas Nasdaq 100 futures fell by 0.2%. The three primary U.S. indexes concluded Monday’s Read More
S&P futures increased on Monday after a week characterized by mixed performance, marked by a significant shift from technology stocks to sectors of the market that are currently trading at lower valuations. Market participants prepared for an array of U.S. economic data releases scheduled for this week. Futures for the Dow Jones Industrial Average increased Read More
The Federal Reserve’s divergence regarding its priorities led to a reduction in its key interest rate on Wednesday, yet it indicated that the path to additional cuts may be more challenging moving forward. The central bank’s Federal Open Market Committee, meeting the expectations of a “hawkish cut,” has reduced its key overnight borrowing rate by Read More
S&P 500 futures pointed to a mixed tone in the markets on Thursday as major stock indexes ended the session with varied performance. While the Dow Jones Industrial Average and the S&P 500 both closed at record highs, the Nasdaq finished lower, pressured by Oracle’s results that weighed on AI-associated stocks. The Dow climbed 1.3%, Read More
The Dow Jones Industrial Average experienced an uptick on Wednesday following the Federal Reserve’s decision to implement another interest rate cut this year, with traders increasingly speculating on further easing measures anticipated for the next year. The 30-stock average increased by 497.46 points, representing a rise of 1.1%, concluding at 48,057.75. The S&P 500 advanced Read More
On Tuesday morning, S&P futures exhibited minimal movement, even as Nvidia shares experienced a rise following President Donald Trump’s approval of H200 chip sales to China, a transaction that secures a substantial profit for the U.S. government. Futures associated with the Dow Jones Industrial Average remained marginally above the neutral point. Futures for both the Read More
