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What's Driving Tesla Stock's Surge?
Forbes· 2025-09-16 14:00
Tesla (NASDAQ:TSLA) stock has reached day 5 of an uninterrupted series of days marked by gains, resulting in a total return of 18% over this span. The gains appear to be driven largely by CEO Elon Musk’s purchase of about 2.6 million Tesla shares, valued at roughly $1 billion. This was Musk’s first open market purchase of Tesla shares in almost five years, and is likely being seen by investors as a sign of his confidence in Tesla’s prospects. The EV maker counts AI, autonomous driving, robotaxis, and humano ...
Can I Retire at 67 With $500k in an IRA and $2,000 Monthly Social Security?
Yahoo Finance· 2025-09-16 14:00
Half a million dollars might sound like a lot of money, but if you’re approaching retirement, is it enough? If you have $500,000 in a pre-tax IRA and expect $2,000 per month from Social Security, you may have enough money to retire at age 67. A half million dollars is a relatively modest nest egg, but it can still generate a comfortable income depending on your standard of living. Here’s what to think about as you plan for retirement around these figures. A financial advisor can help you build a comprehen ...
AVGO Stock vs. NVDA & INTC
Forbes· 2025-09-16 14:00
CANADA - 2025/09/06: In this photo illustration, the Broadcom logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesBroadcom’s stock (NASDAQ: AVGO) has climbed nearly 20% in one month, fueled by an optimistic company outlook and a new $10 billion client contract. This significant gain, however, has pushed its trailing price-to-earnings (P/E) ratio to 91. The key question is: How does AVGO stock now ...
Versant strikes multiyear media deal with League One Volleyball
CNBC· 2025-09-16 14:00
LOVB Austin middle blocker Molly McCage (5) spikes the ball past LOVB Houston outside hitter Jess Mruzik (5) during the League One Volleyball match between LOVB Austin and LOVB Houston February 19,, 2025, at H-E-B Center in Cedar Park, Texas.Comcast spinoff Versant has struck a multiyear media rights deal with League One Volleyball, the company announced Tuesday.Versant's USA Network will exclusively air the league's "Match of the Week" in primetime at 8 p.m. ET every Wednesday, in addition to the league's ...
Netflix's Ad Business: Game Changer or Overhyped?
Yahoo Finance· 2025-09-16 14:00
Key Points Netflix has good reasons to grow its advertising business. Early indicators suggest that it’s moving in the right direction. Still, there are risks involved for the streaming giant. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) has been in the spotlight for years as the pioneer of streaming, but its pivot to advertising in November 2022 could mark its most significant shift since moving away from DVDs. In 2025, the company expects ad revenue to double year over year. T ...
RTX's Collins Aerospace awarded NATO contract for electromagnetic warfare command and control system
Prnewswire· 2025-09-16 14:00
Core Insights - Collins Aerospace has been awarded a contract by NATO to provide its Electronic Warfare Planning and Battle Management (EWPBM) solution, aimed at enhancing electromagnetic warfare capabilities [1][4] - The EWPBM solution will create a Recognized Electromagnetic Picture, integrating data from various sources to improve situational awareness of both friendly and enemy electronic warfare capabilities [2][3] - The system is designed to automate the use of jammers and sensors, thereby improving the effectiveness and interoperability of joint operations [3] Company Overview - Collins Aerospace is a leader in integrated solutions for the aerospace and defense industry, employing 80,000 people and focusing on future technologies [5] - RTX, the parent company of Collins Aerospace, is the largest aerospace and defense company globally, with over 185,000 employees and projected sales exceeding $80 billion in 2024 [5]
Northern Trust Appoints Jessica Donohue as Global Head of Product Management for Asset Servicing
Businesswire· 2025-09-16 14:00
CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that Jessica Donohue has joined as head of Product Management for Asset Servicing, leading a global team of product executives delivering custody, administration, fiduciary and data solutions for institutional clients. In this role, Donohue leads strategy and oversight to ensure that Northern Trust Asset Servicing products and solutions provide meaningful value to clients and closely align with Northern Trust's growth prior. ...
The Presidio Group Exclusively Advises AutoNation on Acquisition of Mercedes-Benz of Chicago and Fletcher Jones Audi from Fletcher Jones Automotive Group
Businesswire· 2025-09-16 14:00
Sep 16, 2025 10:00 AM Eastern Daylight Time The Presidio Group Exclusively Advises AutoNation on Acquisition of Mercedes-Benz of Chicago and Fletcher Jones Audi from Fletcher Jones Automotive Group Share CHICAGO--(BUSINESS WIRE)--The Presidio Group LLC ("Presidio†), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised AutoNation, Inc. (NYSE: AN) on its acquisition of a Mercedes- ...
MANTL Clients Raise Over $3 Billion in Deposits From Existing Banking Relationships in Six Months
Prnewswire· 2025-09-16 14:00
PLANO, Texas, Sept. 16, 2025 /PRNewswire/ -- MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced that its clients raised over $3B in deposits with existing banking relationships in the first half of 2025. This achievement highlights the significant opportunity financial institutions have to achieve low-cost, sustainable growth by strengthening customer and member relationships and driving banking primacy with omnichannel account opening tech ...
Apollo Explores Sale of Internet Pioneer AOL
WSJ· 2025-09-16 14:00
Apollo bought AOL in 2021; a new deal could fetch around $1.5 billion. ...