Tesla chair scored big on well-timed sell during stock’s post-election blip
Tesla Inc. Chair Robyn Denholm cashed in from a well-timed sale of shares this month, reaping more than $35 million from stock that soared after the U.S. election.
Denholm exercised 112,390 stock options that were set to expire next year and sold the shares on Friday, according to a regulatory filing.
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Read MoreBillionaire Ken Griffin Increased His Position in Tesla Stock By 395%. Should You Buy Tesla During Its Post-Election Surge?
Billionaire investor Ken Griffin has been known for making some rather eccentric purchases.
Back in 2021, Griffin paid a cool $43 million for a first-edition copy of the U.S. Constitution — outbidding a decentralized autonomous organization (DAO) of crypto enthusiasts in the process. More recently, Griffin shelled out $45 million for a stegosaurus fossil.
Read MoreJeff Bezos says Elon Musk's claims are '100% not true' after the Tesla CEO reignites their feud
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- Elon Musk reignited his long-running feud with Jeff Bezos in an X post on Thursday.
- Musk said Bezos told people they should sell their Tesla and SpaceX stock because Donald Trump would lose.
- Bezos said Musk’s claim was “100% not true.”
Tesla’s Stock Boom: Should You Ride the Wave After the Trump Election Bump?
You don’t need to look any further than the mercurial CEO of Tesla, Elon Musk, to prove the maxim that “the rich get richer.” The world’s second-richest individual has seen his wealth grow by a whopping $70 billion in just a week since Donald Trump was re-elected to the presidency,
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Read MoreThe three commodities to watch in 2025
By Matthieu Favas, Commodities editor, The Economist
FOR MUCH of 2024 commodity prices were driven by low demand. America slowed down and economic woes worsened in China, the world’s biggest importer of raw materials. So prices for everything from coal and cobalt to natural gas are lingering at levels that prevailed before Russia’s invasion of Ukraine in 2022.
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Read MoreThe Burst
120,000 Reasons to Buy This Wide Moat Stock
Toast (NYSE:TOST) is a cloud technology provider that specializes in restaurant point-of-sale systems. The company’s software allows restaurants to process sales, track and manage inventories and even manage payroll and HR functions. To use these tools, restaurants purchase Toast’s POS, giving the company an effective competitive moat in every restaurant that decides to use it.
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Read MoreThe Ivy
1 Trillion Reasons to Buy Costco?
Costco (NASDAQ:COST) has seen enormous success with its membership-driven wholesale approach to retail shopping.
Listed as the third-largest retailer in the world behind only Walmart and Amazon, Costco is an increasingly popular option among cost-conscious shoppers looking to stretch their household budgets by buying in bulk at low prices.
Famously,
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Read MoreThe Spotlight
If You Could Only Buy 1 High-Income Fund, What Would It Be?
Options trading is sometimes viewed as risky and that reputation is well-earned, especially when selling calls and puts naked. But when combined with stock ownership in the form of a covered call, it can be quite a conservative strategy.
Similar to the popular ETFs that track indexes like the S&P 500, a covered call ETF can be bought and sold like a stock,
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