Elon Musk cancels trip to India as Tesla struggles at home

Barrons.com
Intel CEO Pat Gelsinger Picks Up Stock Near 2024 Low
Intel stock continued a 2024 slump in late April after the chip maker provided disappointing guidance. With the shares trading at their lows for this year, CEO Pat Gelsinger bought up Intel stock on the open market. According to forms he filed with the Securities and Exchange Commission, Gelsinger purchased the stock through a family trust that now owns 39,400 shares.
The New Republic
Trump’s Precarious Truth Social Gambit Just Took a Turn for the Worse
Federal regulators have shut the media company’s auditor down for alleged fraud.
Motley Fool
Is This Stock-Split Stock Going to $3,600? 1 Wall Street Analyst Thinks So.
The company has been very clever about harnessing technology to help improve performance.
Motley Fool
Possible Stock Splits in 2024: 2 Growth Stocks Up 437% and 541% in 7 Years to Buy Now, According to Wall Street
These potential stock-split stocks could help patient investors turn a profit in the market.
Motley Fool
Time to Pounce: 2 Ultra-High-Yield Monthly Dividend Stocks Begging to Be Bought in May
Two supercharged monthly dividend stocks -- with an average yield of 8.29% -- are ripe for the picking by opportunistic investors.
Reuters
Rivian receives $827 million in incentives to expand Illinois facility, shares jump
The Irvine, California-based company's shares rose nearly 10% in afternoon trade after having lost more than 60% of their value this year, as of Wednesday's close. With the addition of the R2, Rivian expects a total annual capacity of 215,000 vehicles. The company said the funds from the state of Illinois would be spent on expanding the plant, improving public infrastructure and job training programs for its workforce.
Reuters
India to buy back 400 billion rupees worth of bonds, cenbank says
India will buy back 400 billion rupees ($4.80 billion) worth of securities, the country's central bank said on Friday. The securities offered for buyback are 6.18% GS 2024, 9.15% GS 2024 and 6.89% GS 2025, the Reserve Bank of India said in a statement. "The choice of securities suggests this buyback is a liquidity redistribution exercise by the government as they have clear visibility on their shorter-term funds," said Vivek Kumar, economist at QuantEco Research.
Futurism
Google Lays Off 200 Workers to Replace Them With Cheaper International Workers
Gutting The Core Google has decided to gut 200 members of its "Core" team and start replacing their jobs in cheaper labor markets as it continues its pivot to AI. As CNBC reports, the search giant laid off at least 200 people ahead of an April 25 quarterly earnings call that saw its parent company, Alphabet, […]
Reuters
Paramount will let exclusive talks with Skydance lapse
(Reuters) -Paramount Global will end exclusive negotiations with Skydance Media without a deal, according to a person familiar with the discussions, allowing it to evaluate a rival bid for the home of "Mission: Impossible" and "SpongeBob SquarePants". Shares of Paramount rose 3% in extended trading. A special committee of the Paramount board, created to evaluate offers for the company, has been holding exclusive deal talks with Skydance Media.
Motley Fool
3 Vanguard ETFs to Buy If You're Looking for Reliable Passive Income
ETFs can be a great way to boost your passive income stream while also achieving diversification.
TipRanks
Oppenheimer Predicts Over 100% Rally for These 2 Healthcare Stocks
After some recent losses, markets turned up on Wednesday, coinciding with Federal Reserve Chair Jay Powell’s announcement confirming that there will be no further rate hikes for the foreseeable future. The upward turn in the markets highlights the volatility in current conditions – but that’s not a bad thing at all, for at least one market expert. John Stoltzfus, chief investment strategist at Oppenheimer, gives a clear explanation of where the market stands now: “Some near-term profit-taking in
Barrons.com
Nvidia Stock Is Climbing. Here’s Why.
Coming into the session, the stock is up 29% in the past three months and 73% since Jan. 1, but it has lost 2.2% over the past five days.
Motley Fool
My Top 5 Favorite High-Yield Dividend Stocks to Buy in May
Income investors can buy in May and go away with these stocks.
Reuters
Exxon to take 18-24 months to hit full stride with Pioneer purchase
HOUSTON (Reuters) -Exxon Mobil will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company's top shale executive said on Friday. Exxon this week closed all-stock acquisition after agreeing to an antitrust consent order that barred the former Pioneer CEO from joining its board and is moving in coming weeks to combine operations that will form the largest oil producer in the Permian basin. "You will see (oil production) grow pretty rapidly, year over year," said Bart Cahir, Exxon's senior vice president of shale, as Exxon applies its current growth strategy to the resources incorporated from Pioneer.
Motley Fool
SoFi Plunged 10% Following Its Earnings. Here Are 3 Things Investors Need to Know.
The fintech offered a mixed outlook following its first-quarter earnings announcement.
Reuters
US stands to lose Canadian natural gas when LNG Canada terminal starts up
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.
Motley Fool
3 Energy Dividend Stocks That Will Thrive at $100 per Barrel Crude Oil
This integrated major, oilfield services leader, and exploration and production company all benefit from higher oil prices.
Business Insider
Four Google execs got 200% stock payouts for 2023 after strong company performance
Google's stock outperformance raises compensation for two executives by $23 million and by $35 million for two others.
The Telegraph
Interest rate cuts could switch ‘from stroll to a sprint’ after US jobs surprise
Traders have pulled forward their expectations for the first interest rate cuts in the US as the economy added fewer jobs than expected.
Zacks
Should Investors Buy the Dip in AMD (AMD) or Super Micro Computer's (SMCI) Stock After Earnings?
Investors may be wondering if it's time to buy the post-earnings dip in AMD (AMD) and Super Micro Computer's (SMCI) stock as both are AI leaders.

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