Bank Warns of Tesla Stock Collapse

Tesla stock suffers double-digit drop on carmaker’s worst day in years

Elon Musk’s EV company lost a quarter of its value this year amid weak profits and high spending on AI and robotics

The A.I. Boom and the Spectre of 1929

As some financial leaders fret publicly about the stock market falling to earth, Andrew Ross Sorkin’s new book recounts the greatest crash of them all.

Japan’s Nikkei Hits New Record High

The Nikkei 225 Index rose 0.8% to trade above 63,700 on Thursday, setting fresh all-time highs as strong corporate earnings and upbeat guidance reinforced investor confidence, while sustained demand for artificial intelligence-related stocks continued to drive gains. Japanese equities also mirrored a tech-led rally on Wall Street overnight, even as accelerating US inflation fueled concerns that the Federal Reserve could still opt for another rate hike. At the same time, markets remained focused on the meeting between US President Donald Trump and Chinese President Xi Jinping, with discussions expected to prioritize trade relations. Among individual movers, gains were led by Kioxia Holdings (1.7%), Furukawa Electric (1.5%), Advantest (2.8%), Fanuc (10.4%) and Resonac Holdings (15.6%). In contrast, mining firm Mitsui Kinzoku fell 11.8% after issuing a weaker profit forecast for FY2027 despite projecting higher sales.

Trump's Fed Chair Search Is Complicated by Powell's Silence on His Future

As President Donald Trump and his advisers begin weighing replacements for Federal Reserve Chair Jerome Powell, they’re running into one significant complication: It’s not clear that Powell will leave the US central bank next year.

Sensemaker on Twitter / X

Tim Cook is stepping down. John Ternus becomes CEO on September 1, 2026. Cook moves to executive chairman. Here's what changed today and what it means. pic.twitter.com/wYdn5itIYw— Sensemaker (@sensemaker_ai) April 20, 2026

Claim denial rates from health insurers have been declining (maybe) - Kevin Drum

I'll have our last ACS chart later, but in the meantime I happened to run across some actual data about health insurer claim denial rates, the topic du jour since UnitedHealthcare CEO Brian Thompson was gunned down in broad daylight, allegedly in part because of his company's astronomical denial rate. These figures come from ACA transparency data and is limited…

Opinion | Why the Stock Market Makes No Sense Right Now

It will always be saved.

Tim Cook stepping down in September, John Ternus confirmed as next Apple CEO

Apple CEO Tim Cook is stepping down, and John Ternus is taking over. The CEO transition has quietly been underway...

The Dividend Disconnect

ABSTRACT Many individual investors, mutual funds, and institutions trade as if dividends and capital gains are disconnected attributes, not fully appreciating that dividends result in price decreases. Behavioral trading patterns (e.g., the disposition effect) are driven by price changes instead of total returns. Investors rarely reinvest dividends, and trade as if dividends are a separate, stable income stream. Analysts fail to account for the effect of dividends on price, leading to optimistic price forecasts for dividend‐paying stocks. Demand for dividends is systematically higher in periods of low interest rates and poor market performance, leading to lower returns for dividend‐paying stocks.

The Maple (@readthemaple.com)

Canadian news & opinion that confronts the status quo. 100% reader-funded & independent. Edited by @alex.readthemaple.com & @davide.readthemaple.com Website: https://www.readthemaple.com/ Email list: http://www.readthemaple.com/signup-bluesky/

ServiceNow Stock Tumbles 50% in a Year: Good Earnings Don't Stop 'Death of SaaS' | Salesforce Ben

ServiceNow's stock has experienced an 11% decline on the day of their Q4 announcements and a 50% decline over the past year.

Apple Can ‘Distill’ Google’s Big Gemini Model

Before we get to today’s column, we wanted to flag OpenAI CEO Sam Altman’s major reorg, the company’s new "Spud” model and its decision to shut down the Sora video app and application programming interface, which we scooped on Tuesday. (For what the company’s organizational structure looks like ...

Collapse — Oakland Public Library

Collapse — Dallett, Cassandra, — <p>COLLAPSE is a doomed love, temporary, free on bond, haunted by rage and regret, fueled by Hip-Hop beats, and clinging like the remains of the Ghost Ship fire--with the world burning around us, it is time and place, politics and anarchy, connection for the broken.</p><p>Poetry. California Interest.</p>

Shareholder Democracy Is a Corporate Governance Myth That Won’t Die

In a new article, we challenge one of corporate law’s most persistent narratives: the concept of “shareholder democracy.” With people on opposing sides of recent high-profile battles at compa…