Denholm, who has been Tesla's board chair since November 2018, sold 112,390 securities in the automaker, according to the filing. Earlier this year, Denholm, alongside other Tesla directors, received court approval for a settlement worth up to $919 million that requires they return compensation to resolve allegations they overpaid themselves. The suit challenged director compensation at the automaker as excessive from 2017 to 2020 over the period of which Tesla surged, leading stock options received by directors to become worth hundreds of millions.
Factbox-The five cryptocurrencies Trump wants the US to hold in reserve
In a post on Truth Social on Sunday, Trump announced that his January executive order on digital assets would create a stockpile of XRP, SOL and ADA currencies, surprising traders by choosing three lesser-known tokens and sending their prices soaring. Later on Sunday, Trump added that bitcoin and ether, the two biggest cryptocurrencies, would be included in the reserve.
It's going to be a big week for markets. Here are 3 things for investors to watch.
Markets could see fresh volatility this week amid updates on Trump's tariff plans, the job market, and central bank's outlook for the economy.
Republicans in Congress Turn Up Scrutiny of Fed as Inflation Persists
(Bloomberg) -- Congressional Republicans are ramping up scrutiny of the Federal Reserve, just as the central bank confronts stubborn inflation and broader questions about its role as a bank regulator.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4
Stocks tumble after Trump says long-threatened tariffs are coming
Investors dumped stocks on Wall Street late Monday after President Donald Trump said his threatened tariffs on Canada and Mexico would go forward as planned early Tuesday.
What Analysts Think of Costco Stock Ahead of Earnings
Costco Wholesale is set to report earnings after the bell Thursday for the second quarter of fiscal 2025, with analysts expecting rising revenue and profits.
Staff of SEC’s Crypto Task Force Includes Former Big-Law Crypto Lawyer
Mike Selig, the newly-appointed chief counsel for the SEC’s Crypto Task Force, was previously a New York-based partner at Willkie Farr & Gallagher LLP.
Japan Small-Cap Fund Tops Rivals With Stocks Few Analysts Cover
(Bloomberg) -- Japan’s ongoing boom in mergers and acquisitions is helping to generate superior returns this year for a small-cap fund that focuses on companies that few equity analysts cover.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion
Why bitcoin bulls aren’t happy about Trump’s plans for something they’ve long wanted: a crypto reserve
A backlash over President Donald Trump’s plan to include three small and relatively risky tokens in an eagerly awaited U.S. strategic crypto reserve helped largely erase a rally for bitcoin and other digital assets on Monday.
Experts weigh in on Bitcoin's market moves: ‘When Institutions miss the boat, they bring it back’
Bitcoin analysts suggest major institutions and governments are waiting for a bigger dip before entering the market.