Dell Technologies (NASDAQ:DELL) announced the departure of Chief Financial Officer Yvonne McGill, effective September 9, 2025, just weeks ahead of its highly anticipated Strategic Analyst Meeting (SAM). McGill's tenure, roughly two years, was shorter than most of her predecessors, who typically served five to ten years in the role. The company has appointed David Kennedy, a 27-year Dell veteran and current COO of Global Sales, as interim CFO while it conducts a search for a permanent replacement, consider ...

Key insight: Regional bank Comerica emphasized its priorities to investors Tuesday, saying it's committed to protecting shareholder value and enhancing profitability. What's at stake: The bank's message comes as it faces pressure to sell from an activist investor group. Forward look: HoldCo Asset Management, the activist investor, plans to move forward with a proxy battle in which it will nominate up to five directors to Comerica's board. The chief executive of Comerica, which is facing mounting pres ...

Nvidia's CEO Jensen Huang makes a keynote speech at Computex 2025 in Taipei, TaiwanAnn Wang/REUTERS Nvidia is the world's most valuable company, yet CEO Jensen Huang only ranks 10th on the rich list. Huang owns less than 4% of Nvidia, while his ultra-rich peers hold bigger stakes in their companies. The AI chipmaker's cofounder had a nearly 13% stake before its IPO but has been heavily diluted. The list of the world's wealthiest people mostly comprises the biggest shareholders of the largest compa ...

Depending on where you’re shopping for a home, $1 million could get you a spacious mansion or just your typical, single-family house. For example, in the Los Angeles area, the typical home costs nearly $1.15 million. In Chicago, however, it’s under $400,000 — meaning $1 million could go pretty far in terms of amenities and square footage. Regardless, the price tag is the same — and so is the cost of taking out a mortgage. Exactly how much money would you need to make to afford that $1 million house? The ...

Key Points Lucid is launching its all-electric Gravity SUV in Europe. It also has a partnership with Uber to supply 20,000 or more Gravity SUVs. The EV maker, however, is struggling to scale production. 10 stocks we like better than Lucid Group › Shares of Lucid Group (NASDAQ: LCID) were trading at around $2 apiece on Aug. 29. As of 1:22 p.m. ET today, the electric vehicle (EV) stock is trading at about $19.13 per share. But it's not what you think. Lucid stock fell 19.5% in August and has lost ...

Investing.com -- Wall Street’s stock pickers face a shrinking playground. According to Apollo Chief Economist Torsten Slok, the number of public companies is falling, and the firms that do make it to the market are coming in late to the party. Back in 1999, the median age of a newly public company was just five years. By 2022, it had climbed to eight. Today, Slok notes, the figure has nearly doubled again to 14 years. That shift isn’t simply a side effect of the Fed’s rapid-fire rate hikes in 2022. Compa ...

Temu is ramping up its discounts to win back U.S. customers after its tariff-fueled retreat. The Chinese discounted online retailer is dropping prices further in an effort to gain lost ground. This month, Temu slashed at least two dozen of its best-selling products by 18% on average compared to prices in late April, Bloomberg reported. Some discounts are even as high as 60%. These price cuts come after Temu largely pulled back from the U.S. market, following President Donald Trump’s ban on the de minimis ...

You have to start somewhere with your finances, and a Canadian who's getting started at 18 already has a key advantage. Wanting to learn more about personal finance and thinking carefully about your budget at a young age can put you ahead of your peers. The Canadian posted on Reddit asking what the journey looks like for a beginner who is just getting started. He has zero debt, but he also doesn't know anything about investments. The Redditor currently has 4,000 Canadian dollars ($2,897) sitting in his ch ...

US energy-drinks firm Nutrabolt has made another investment in Bloom Nutrition, the supplements and active-nutrition business. Nutrabolt, which first backed Bloom Nutrition last year, has announced a “significant new investment” in the California company. Doss Cunningham, Nutrabolt's CEO, would not disclose the stake the group now has in Bloom Nutrition. However, he confirmed Nutrabolt has now invested over $200m in the business. In January last year, Nutrabolt's first investment in Bloom Nutrition saw ...

Gold edged up to fresh highs on Tuesday as investors continued to bet on a September rate cut from the Federal Reserve and the dollar stayed weak. Gold (GC=F) futures touched an intraday high north of $3,700 per troy ounce before paring gains, while spot prices climbed above $3,650. The moves came as revised US jobs data highlighted a labor market slowdown, with investors holding firm on a 25-basis-point cut while awaiting this week’s inflation report. "If inflation comes in 'softer,' the easing narrat ...