Tesla Jumps 4% as Board Explores New Compensation Plan for Musk
Tesla Jumps 4% as Board Explores New Compensation Plan for Musk
Tesla’s board has formed a special committee to evaluate a new compensation package for CEO Elon Musk, potentially including a fresh set of stock options. Led by Board Chair Robyn Denholm and independent director Kathleen Wilson-Thompson, the committee is also considering alternative compensation if Musk’s $56 billion 2018 package isn’t restored in his ongoing court appeal. Tesla has not commented on the matter.
$Tesla(TSLA.US)
Boeing Soars Over 3%, Hits 15-Month High with Record-Breaking Order
Boeing secured a historic deal as Qatar committed to a $1.2 trillion “economic exchange” with the U.S., per the White House. The agreement includes a $96 billion Qatar Airways order for up to 210 Boeing wide-body aircraft powered by GE Aviation engines, plus deals in energy infrastructure, advanced engineering, quantum tech, and arms sales, including MQ-9B drones. Defense cooperation agreements could unlock over $38 billion in potential investments.
$Boeing(BA.US)
UnitedHealth Plunges 7% After Hours Amid Criminal Probe into Medicare Fraud
The Wall Street Journal reports that the U.S. Justice Department is investigating UnitedHealth Group for potential criminal fraud in its Medicare Advantage business, citing sources familiar with the matter.
$Unitedhealth(UNH.US)
Tencent ADR Climbs 3.5% as Q1 Revenue Grows 13%
Tencent reported Q1 revenue of ¥180.02 billion, up 13% year-over-year, with adjusted net profit rising 11%. Blockbusters like Honor of Kings and CrossFire Mobile hit record-high revenue. CEO Pony Ma noted AI’s significant contributions to performance advertising and evergreen games, with increased investment in new AI opportunities like the Yuanbao app and AI integration in WeChat. Yuanbao’s early-stage AI assistant is seeing growing user engagement. President Martin Lau said GPUs are prioritized for high-return scenarios like ad delivery, with software optimization and model customization addressing inference demands.
$Tencent(TCEHY.US)
Super Micro Computer Surges Again on $20B AI Deal with Saudi Data Center
Saudi data center firm DataVolt signed a multi-year, $20 billion AI collaboration with Super Micro Computer, the U.S.-based AI server and high-performance computing platform maker. On Wednesday, Super Micro’s stock soared, spiking 20% intraday and closing up 15.7%.
$Super Micro Computer(SMCI.US)
World’s Biggest IPO of 2025? CATL Set to List at HK$263, Oversubscribed 30x
As of May 14, CATL’s Hong Kong IPO has attracted over $50 billion in institutional orders (HK$390.2 billion), oversubscribed 30 times after excluding cornerstone investments. At the top price of HK$263 per share, CATL could raise HK$41 billion ($5.26 billion), making it Hong Kong’s largest IPO since Kuaishou in 2021.
Foxconn Q1 Sales Surge 24%, Net Profit Beats Expectations
Foxconn’s Q1 net profit hit NT$42.11 billion, exceeding forecasts, driven by strong demand for AI servers and clients rushing orders to avoid potential U.S. tariffs. While 2025 sales are expected to grow, the pace will likely be slower than the company’s March forecast.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
