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Tesla Engineer Slams Elon Musk In Farewell Post, Questions CEO's Leadership: 'Elon Has Dealt Huge Damage...' - Tesla (NASDAQ:TSLA)
Benzinga· 2025-09-12 09:14
A Tesla Inc. TSLA engineer has slammed CEO Elon Musk's leadership at the EV giant, alleging that Musk has lied to the public and manipulated public discourse, among other things.Elon Musk's Leadership Seems ‘Seriously Compromised'Giorgio Balestrieri, an engineer who worked at Tesla with the company's Autobidder — a real-time trading and control platform to manage the company's energy storage assets — for over eight years, shared his thoughts in a career update post on the social media platform LinkedIn on T ...
Lutnick Hints At Fannie Mae, Freddie Mac IPO In 2025 To Show The 'Mark To Market' Worth To American Taxpayers—'Largest IPO In History'
Benzinga· 2025-09-12 09:09
Commerce Secretary Howard Lutnick suggested that the U.S. government is considering a public offering for Fannie Mae FNMA and Freddie Mac FMCC “sooner” than people think.Trump Admin Aims To Keep Mortgages Low Amid GSE IPO talksIn a recent interview with CNBC, Lutnick mentioned the potential for a public offering of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. He explained that the government is considering this move to showcase the value of these assets owned by American taxpayers ...
Bitcoin, S&P 500 ETFs On Blockchain? BlackRock Reportedly Eyes Tokenization Of Its Big-Ticket Funds - BlackRock (NYSE:BLK)
Benzinga· 2025-09-12 08:51
BlackRock Inc. BLK, the world’s largest asset manager, is reportedly exploring ways to tokenize its exchange-traded funds, the latest in a broader Wall Street effort to bring real-world assets onto blockchains.BLK is showing upward movement. Review the technical setup here.ETFs To Be Available 24×7?The move would be subject to regulatory approval, Bloomberg reported, citing sources familiar with the matter.Put simply, this would mean that the fund shares, which are normally traded on stock exchanges during ...
Facebook's $725 Million Privacy Settlement Payouts Revealed: Users To Receive Between $4.89 And $38.36 As Payments Roll Out - Meta Platforms (NASDAQ:META)
Benzinga· 2025-09-12 08:41
Meta Platforms Inc. META has begun distributing payments from its $725 million privacy settlement, with newly filed court documents revealing that eligible Facebook users will pocket between $4.89 and $38.36, depending on how long they maintained an account during the settlement period.Smallest And Largest Payments ConfirmedAccording to documents filed in a California court, the minimum payout is $4.89, the maximum is $38.36, and the average check will be $29.43, reported The Hill.Payments are being process ...
Microsoft Plans Major AI Chip Investments As Mustafa Suleyman Pushes 'Self-Sufficiency' Beyond OpenAI Partnership - Microsoft (NASDAQ:MSFT)
Benzinga· 2025-09-12 08:34
Microsoft Corp. MSFT is planning significant investments in proprietary artificial intelligence chip infrastructure to achieve “self-sufficiency in AI,” according to leaked comments from AI CEO Mustafa Suleyman during an internal town hall meeting on Thursday.Check out the current price of MSFT stock here.Microsoft Diversifies Beyond OpenAI DependencyThe Redmond-based tech giant is moving to reduce reliance on its $13 billion OpenAI partnership amid ongoing contract renegotiations. Suleyman told employees t ...
Adobe's CEO Calls AI Its 'Biggest Opportunity' In Decades As Segment Revenues Surpass $5 Billion: 'We Want AI Infused In Every Dollar of Revenue' - Adobe (NASDAQ:ADBE)
Benzinga· 2025-09-12 08:24
Software giant Adobe Inc. ADBE emphasized AI as its “biggest opportunity” in decades, playing a central role across product adoption and revenue growth. Check out the current price of ADBE stock here.AI Represents A ‘Tectonic Shift’During the company’s third-quarter earnings call on Thursday, CEO Shantanu Narayen said that “AI represents a tectonic technology shift and presents the biggest opportunity for Adobe in decades.” He added that the company's strategy is to embed generative AI across flagship appli ...
3 Communication Services Stocks Show Improving Valuations - Iridium Communications (NASDAQ:IRDM)
Benzinga· 2025-09-12 08:19
The latest value percentile report highlights notable week-on-week improvements in value rankings for three prominent Communication Services stocks.What Does Value Ranking Mean?Value rankings, according to Benzinga Edge’s Stock Ranking, compare a stock's current market valuation with its peers based on fundamental business metrics such as assets, earnings, sales, and operating performance.A rising percentile score typically signals the market's growing confidence in a stock's underlying value proposition.3 ...
Evolution Petroleum Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Evolution Petroleum (AMEX:EPM)
Benzinga· 2025-09-12 08:16
Evolution Petroleum Corporation EPM will release earnings results for the fourth quarter after the closing bell on Tuesday, Sept. 16.Analysts expect the Houston, Texas-based company to report quarterly earnings at 1 cent per share, down from 3 cents per share in the year-ago period. Evolution Petroleum projects to report quarterly revenue of $21.07 million, compared to $21.23 million a year earlier, according to data from Benzinga Pro.On May 13, Evolution Petroleum posted in-line earnings for the third quar ...
Evolution Petroleum Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-09-12 08:16
Evolution Petroleum Corporation EPM will release earnings results for the fourth quarter after the closing bell on Tuesday, Sept. 16.Analysts expect the Houston, Texas-based company to report quarterly earnings at 1 cent per share, down from 3 cents per share in the year-ago period. Evolution Petroleum projects to report quarterly revenue of $21.07 million, compared to $21.23 million a year earlier, according to data from Benzinga Pro.On May 13, Evolution Petroleum posted in-line earnings for the third quar ...
Ferguson Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-09-12 07:52
Ferguson Enterprises Inc. FERG will release earnings results for the fourth quarter, before the opening bell on Tuesday, Sept. 16.Analysts expect the Newport News, Virginia-based company to report quarterly earnings at $3.01 per share, up from $2.98 per share in the year-ago period. Ferguson Enterprises is projected to report quarterly revenue of $8.39 billion, compared to $7.95 billion a year earlier, according to data from Benzinga Pro.On Sept. 11, Ferguson's board of directors declared a dividend of 83 c ...