Fri, Jul 5, 2024 5:23 PM
Exclusive: Awign raises $24.5 Mn; Mynavi now controls 73% stake
A Flip by Shubhangi Gupta
A judge in Delaware must decide whether to award 29 million Tesla shares, valued at $7.3 billion, to lawyers who challenged Elon Musk's 2018 compensation plan, potentially the largest fee in US litigation history. The lawyers argue their unusual request benefits Tesla, while Tesla's legal team suggests a cash award of $1.4 billion or a capped fee of $13.6 million.
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PepsiCo, Deere, and Chevron are underperforming the S&P 500 but look like excellent buys now. PepsiCo, with a 3.3% yield and 24.5 P/E ratio, has a track record of effective capital allocation. Deere, with a 1.6% yield and 10.9 P/E ratio, is undervalued despite record profits, and its automation advancements couldboost earnings.
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On Monday, Benchmark indices concluded the first trading day of the week a negative note. Market volatility, as indicated by India VIX, has gained by 7.13% and is trading above the level of 13 reflecting an increase in market volatility. Top 3 price-volume breakout stocks: 💰Indian Railway Finance Corp Ltd, 💰Rail Vikas Nigam Ltd, 💰Indian Renewable Energy Development Agency Ltd.
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