Tesla shareholders are hours away from deciding the fate of Elon Musk’s $1 trillion pay package. Tesla’s annual shareholder meeting kicks off Thursday afternoon at 4 p.m. ET at the company’s headquarters in Austin. A limited number of shareholders were invited to attend in person. Tesla investors are voting on multiple proposals. Chief among them…
Tesla shareholders have just days left to vote on whether to approve a staggering pay package for chief executive Elon Musk that could award him nearly $1 trillion in shares. Musk could leave the company if shareholders reject the package, board chair Robyn Denholm warned in a letter to voters last week. The pay proposal…
If you blinked you may have missed this, but the stock of Beyond Meat, the purveyor of meatless burger patties, had a spectacular run a few days ago. The stock had surged by more than 1,400% in the four days through Oct. 22, when shares hit an intraday peak of $7.69, up from a low…
Grindr, the publicly-traded company behind the popular dating and social networking app for LGBTQ people, is closer to becoming private. On Friday, two of Grindr’s board members who are also major investors offered to acquire the West Hollywood company for $18 per share in cash, a proposal that would value Grindr at nearly $3.5 billion….
2025-10-23T11:56:23Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Beyond Meat was down…
Dear Wayne and Wanda, I’ve been on and off dating apps for a while. Typically when I’m tired of being single and/or hear someone else’s inspirational story about how they found love on an app, I dust off my profile and dive back in. Then I am inevitably discouraged by the options and lack of…
OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly making it one of the hot companies investors hope will be at the forefront of the artificial intelligence boom. The shares of AMD soared more than 30% after the company behind ChatGPT said it plans…
The record-setting rally in stocks is stumbling this week. US stocks dropped on Thursday as traders took in strong economic data, revised their expectations for Fed rate cuts, and took in wearing momentum in the AI trade. All three major US indexes slipped lower in the early morning, putting them on track for their third…
The rise of Opendoor Technologies was the biggest story in retail-trader circles over the summer. Since the start of July when hedge fund founder Eric Jackson posted his bullish outlook, shares of the online real estate company have surged more than 1,600%, rising from less than $1 per share to a high of $10.28 on…
When DCM wrote the first institutional check into Figure Technologies, the Menlo Park-based venture firm was making a risky bet on both an unproven use of blockchain technology and a founder with a checkered past. Nearly eight years later, that decision is set to deliver one of DCM’s biggest wins: a stake worth nearly 60x…