Tesla shareholders voted to ratify CEO Elon Musk's 2018 pay plan at the annual meeting, despite a Delaware judge ordering its rescission five months earlier.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe's 2018 pay plan at the annual meeting, despite a Delaware judge ordering its rescission five months earlier. The vote, a public relations win for Musk, doesn't override the court's ruling but may aid his future efforts to secure performance options.
Nvidia's remarkable 200% growth in the past year has increased its S&P 500 weighting to 6.6%, while Microsoft and Apple hold 7% and 6.4%, respectively.that "the 10 largest U.S. stocks now account for 33% of the S&P 500 index's market value," surpassing levels seen during the 2000 tech bubble.
Krinsky cautioned that this doesn't necessarily mean the stock market indexes are on the verge of rolling over but, combined with other breadth metrics, it does warrant caution. He pointed out that despite favorable inflation data from CPI and PPI, small-caps remained unchanged, raising questions about why market breadth hasn't improved." coming into stocks in the second half of the year. He noted that roughly 9 basis points of new money enters the market every July.
"On $29 trillion in assets, that is $26 billion in modeled July inflows," Rubner wrote in a note last week. "Additionally, I am seeing a re-emergence of retail traders during summer; they tend to come around July."CNBC's Jeff Cox, Lisa Kailai Han, Sara Min, Spencer Kimball, Brian Schwartz, Brian Evans, Scott Schnipper, Fred Imbert and Lora Kolodny contributed to this report.
Gamestop Corp Donald Trump Elon Musk Commercial Banking Artificial Intelligence Breaking News: Technology World Markets Markets Breaking News: Markets United States Stock Indices And Averages Technology Dow Jones Industrial Average Economic Outlook Economic Policy Federal Reserve System Interest Rates Interest Rates Business News
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
CNBC Daily Open: Mega money Musk, Kitty's stake growsTesla shareholders voted to ratify CEO Elon Musk’s 2018 pay plan at the annual meeting, despite a Delaware judge ordering its rescission five months…
Lire la suite »
CNBC Daily Open: Mega money MuskTesla shareholders voted to ratify CEO Elon Musk’s 2018 pay plan at the annual meeting, despite a Delaware judge ordering its rescission five months…
Lire la suite »
CNBC Daily Open: Apple shares pop, Musk drops OpenAI lawsuitApple’s shares rose to a record high a day after it announced its push into artificial intelligence after partnering up with OpenAI.
Lire la suite »
CNBC Daily Open: Apple shares pop, Musk drops OpenAI lawsuitApple's shares rose to a record high a day after it announced its push into artificial intelligence after partnering up with OpenAI.
Lire la suite »
CNBC Daily Open: Musk threatens Apple banElon Musk threatened to ban Apple devices from his companies over the iPhone-maker's partnership with OpenAI.
Lire la suite »
CNBC Daily Open: Roaring Kitty YouTube live, advisory group against Musk's $56 billion payShares of GameStop popped nearly 50% after Gill, also known as Roaring Kitty, announced plans to go live on YouTube for the first time in almost four years.
Lire la suite »